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 82 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, UniCredit reported its carbon emissions as follows: Scope 1 emissions totalled 11,342,000 kg CO2e, while Scope 2 emissions (market-based) were 363,000 kg CO2e. The bank has set ambitious climate commitments, aiming for Net Zero on its own emissions (Scope 1 and 2) by 2030, and on financed emissions by 2050, as part of its membership in the Net Zero Banking Alliance (NZBA). In 2022, UniCredit's emissions included 12,827,000 kg CO2e for Scope 1 and 442,000 kg CO2e for Scope 2 (market-based). The bank's commitment to reducing its environmental footprint is evident, with a clear focus on managing its own emissions alongside its financed emissions, which constitute a significant portion of its climate impact. Overall, UniCredit is actively working towards reducing its carbon footprint, with a long-term vision of achieving Net Zero by 2050 and specific targets for its operational emissions by 2030.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 70,096,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 260,231,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 11,808,000 | 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 participating in any of the initiatives that 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.