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 promoting green finance. As one of the largest banks in Europe by total assets, UniCredit continues to strengthen its market position through strategic partnerships and a focus on enhancing customer experience.
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.
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.
Unicredit's score of 49 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, UniCredit reported carbon emissions of approximately 26.1 million tonnes CO2e across its global operations. This includes about 26.1 million tonnes from Scope 1 and 2 emissions, with Scope 1 emissions at around 26.1 million tonnes and Scope 2 emissions at approximately 21.4 million tonnes. The bank's Scope 3 emissions totalled about 29.7 million tonnes, which includes significant contributions from business travel and upstream leased assets. Comparatively, in 2022, UniCredit's total emissions were about 30.1 million tonnes CO2e, indicating a reduction in emissions over the year. The bank has set various climate commitments, including participation in the CDP (Carbon Disclosure Project) and achieving a score of "B" in recent assessments, reflecting its ongoing efforts to enhance sustainability practices. UniCredit is actively working towards reducing its carbon footprint and has made strides in improving its emissions reporting and management. The bank's commitment to sustainability is evident in its initiatives aimed at reducing emissions across all scopes, particularly focusing on Scope 3 emissions, which are often the most challenging to manage.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2013 | 2014 | 2015 | 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 |
Scope 2 | 276,341,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 12,119,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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 committed to some 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.