UniCredit Bank GmbH Sustainability Profile
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 33 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
UniCredit Bank GmbH's reported carbon emissions
In 2024, UniCredit Bank GmbH reported total carbon emissions of approximately 5617 kg CO2e for Scope 1, 3811 kg CO2e for Scope 2 (market-based), and a significant 1,000,000 kg CO2e for Scope 3 emissions, which includes substantial contributions from business travel (920,000 kg CO2e) and purchased goods and services (82,249 kg CO2e). This data reflects a comprehensive approach to emissions reporting, covering all three scopes. The bank's emissions data is cascaded from its parent company, UniCredit S.p.A., which provides a broader context for its sustainability efforts. However, there are currently no specific reduction targets or climate pledges documented for UniCredit Bank GmbH, indicating a potential area for future commitment. Historically, emissions have varied, with Scope 1 emissions peaking at 71,349,000 kg CO2e in 2016 and Scope 2 emissions reaching 230,587,000 kg CO2e in the same year. The bank's emissions strategy appears to be evolving, but the absence of defined reduction initiatives suggests that further action may be necessary to align with industry standards and expectations for climate responsibility.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2016 | 2017 | 2018 | 2019 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 69,887,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000 |
| Scope 2 | 239,632,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000 |
| Scope 3 | 12,388,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is UniCredit Bank GmbH's Industry?
How Carbon Intensive is UniCredit Bank GmbH's Location?
UniCredit Bank GmbH's Scope 3 Categories Breakdown
UniCredit Bank GmbH's Scope 3 emissions, which decreased by 88% last year and decreased by approximately 92% since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 89% of Scope 3 emissions.
Top Scope 3 Categories
UniCredit Bank GmbH's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
UniCredit Bank GmbH has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
