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 47 is higher than 94% 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, comprising 26,072,000 kg CO2e from Scope 1, 21,422,000 kg CO2e from Scope 2, and 29,683,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their environmental impact, although specific reduction targets or initiatives have not been disclosed. In previous years, UniCredit's emissions have varied, with total emissions of about 113,046,000 kg CO2e in 2022, 110,804,000 kg CO2e in 2021, and 154,566,000 kg CO2e in 2020. The bank has consistently reported emissions across all three scopes, indicating a comprehensive approach to measuring its carbon footprint. Despite the lack of specific reduction targets or initiatives, UniCredit's ongoing commitment to sustainability is evident in its detailed reporting and engagement with climate-related disclosures. The bank's headquarters in Italy positions it within a region increasingly focused on climate action, aligning with broader industry trends towards reducing carbon emissions and enhancing sustainability practices.
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 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.