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.
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 70 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, UniCredit reported significant carbon emissions, with Scope 2 emissions totalling approximately 19,411 kg CO2e and Scope 3 emissions reaching about 28,872,328,000 kg CO2e. In 2023, the bank's emissions included 11,342,000 kg CO2e for Scope 1, 48,532,000 kg CO2e for location-based Scope 2, and 29,683,000 kg CO2e for Scope 3. Notably, the bank has set ambitious climate commitments, aiming for Net Zero on its own emissions by 2030, as part of its membership in the Net Zero Banking Alliance (NZBA). This commitment includes a target to reduce Scope 1 emissions intensity to 111 gCO2e/kWh by 2030, representing a 46.63% reduction from current levels. Additionally, UniCredit has achieved a 60% reduction in Scope 1 and 2 emissions from 2008 to 2020. The bank's efforts reflect a strong commitment to sustainability and climate action within the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 99,221,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 2 | 352,504,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 |
| Scope 3 | 21,045,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Unicredit has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
