UniCredit Bank GmbH
UniCredit Bank GmbH, commonly referred to as HypoVereinsbank, is a prominent financial institution headquartered in Munich, Germany. Established in 1998, it has since become a key player in the European banking sector, particularly within the DACH region, which includes Germany, Austria, and Switzerland. As part of the UniCredit Group, the bank offers a comprehensive range of services, including retail banking, corporate finance, and investment solutions. Its unique approach combines local expertise with international reach, catering to both individual and business clients. Notable achievements include a strong market position bolstered by innovative digital banking solutions and a commitment to sustainable finance. With a focus on customer-centric services, UniCredit Bank GmbH continues to shape the future of banking in Europe.
DitchCarbon Score
How does UniCredit Bank GmbH'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.
Industry Average
Mean score of companies in the 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.
Industry Benchmark
UniCredit Bank GmbH's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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UniCredit Bank GmbH's reported carbon emissions
In 2016, UniCredit Bank GmbH reported significant carbon emissions in Germany, with Scope 1 emissions totalling approximately 17,961,000 kg CO2e and Scope 2 emissions reaching about 68,152,000 kg CO2e. This data highlights the bank's operational impact on climate change, particularly in its direct and indirect emissions from energy consumption. Despite the absence of recent emissions data for 2021, the bank has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This indicates a potential area for improvement in their climate commitments, as they currently lack formalised strategies for reducing their carbon footprint. The emissions data is not cascaded from any parent organisation, and UniCredit Bank GmbH operates independently in this regard. The bank's commitment to sustainability and climate action remains a critical focus, especially as the financial sector increasingly prioritises environmental responsibility.
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| 2014 | 2015 | 2016 | |
|---|---|---|---|
| Scope 1 | 73,804,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 239,967,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 Bank GmbH 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.
