Unicredit
UniCredit S.p.A., a leading European commercial bank, is headquartered in Milan, Italy. Established in 1998, UniCredit has grown to become a significant player in the banking industry, with a strong presence across Central and Eastern Europe, as well as in Germany and Austria. The bank offers a comprehensive range of financial services, including retail banking, corporate banking, and investment solutions, distinguished by its customer-centric approach and innovative digital offerings. With a commitment to sustainability and responsible banking, UniCredit has achieved notable milestones, including recognition for its efforts in environmental, social, and governance (ESG) practices. As one of the largest banks in Europe, UniCredit continues to strengthen its market position through strategic partnerships and a focus on enhancing customer experience, making it a trusted choice for individuals and businesses alike.
DitchCarbon Score
How does Unicredit's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Services Auxiliary to Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Unicredit's score of 49 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Unicredit's reported carbon emissions
In 2023, UniCredit reported total carbon emissions of approximately 29,683,000 kg CO2e across all scopes. This includes 26,072,000 kg CO2e from Scope 1, 21,422,000 kg CO2e from Scope 2 (market-based), and 29,683,000 kg CO2e from Scope 3 emissions. Notably, the bank has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. In previous years, UniCredit's emissions have shown fluctuations. For instance, in 2022, the bank's total emissions were about 29,782,000 kg CO2e, with Scope 1 emissions at 30,104,000 kg CO2e and Scope 2 emissions at 30,126,000 kg CO2e (market-based). The bank's commitment to sustainability is evident, although specific reduction targets have not been established. Overall, UniCredit's emissions data reflects its operational impact on climate change, and while it has made strides in reporting, the absence of defined reduction targets indicates an area for potential improvement in its climate strategy.
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| 2013 | 2014 | 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 82,533,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 276,341,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 12,119,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Unicredit is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
