Unicredit

UniCredit, a Commercial Banking firm headquartered in Italy, reported its 2025 carbon emissions at approximately 129.38 billion kg CO2e. This total comprises about 29.10 million kg CO2e from Scope 1, approximately 27.14 million kg CO2e from Scope 2 (market-based), and roughly 129.32 billion kg CO2e from Scope 3 emissions. For 2024, the company's total emissions were approximately 119.29 billion kg CO2e, with Scope 1 at about 32.99 million kg CO2e, Scope 2 (market-based) at approximately 33.55 million kg CO2e, and Scope 3 at roughly 119.22 billion kg CO2e.

UniCredit has set ambitious climate commitments, aiming for Net Zero on its own emissions (Scope 1 and 2, market-based) by 2030, and on financed emissions by 2050, aligning with its participation in the Net Zero Banking Alliance (NZBA). The company also targets a 46.63% reduction in Power Generation Scope 1 Emission Intensity by 2030, with a convergence target of 111gCO2e/kWh. Furthermore, UniCredit aims for an 80% reduction in overall greenhouse gas emissions (all scopes) by 2030, based on a 2020 baseline. The company previously achieved a 60% reduction in combined Scope 1 and 2 emissions between 2008 and 2020. They are also working towards a Scope 3 financed emissions target of 15.2 million tonnes CO2e by 2030.