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 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.
In 2023, UniCredit reported total carbon emissions of approximately 100,555,000 kg CO2e from Scope 2, 26,072,000 kg CO2e from Scope 1, and 29,683,000 kg CO2e from Scope 3 emissions. The breakdown of Scope 3 emissions includes significant contributions from business travel (about 2,904,000 kg CO2e) and upstream leased assets (approximately 25,932,000 kg CO2e). Over the years, UniCredit has made notable progress in reducing its carbon footprint. For instance, from 2020 to 2023, Scope 1 emissions decreased from 41,211,000 kg CO2e to 26,072,000 kg CO2e, while Scope 2 emissions also saw a reduction from 54,144,000 kg CO2e to 100,555,000 kg CO2e. However, there are no specific reduction targets or initiatives disclosed in their reports, indicating a potential area for improvement in their climate commitments. Overall, UniCredit's emissions data reflects a commitment to monitoring and managing their carbon footprint, although further transparency regarding reduction strategies and targets would enhance their climate action profile.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.