UniCredit Bank GmbH

UniCredit Bank GmbH's reported carbon emissions

UniCredit Bank GmbH, headquartered in Germany and operating within financial intermediation services (excluding insurance and pension funding), reported total carbon emissions of approximately 28.88 billion kg CO2e for the year 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Breaking down these emissions, Scope 3 accounted for the vast majority, with approximately 28.87 billion kg CO2e. Within Scope 3, investments represented the largest portion at about 28.77 billion kg CO2e. Other notable Scope 3 categories included business travel at approximately 920,000 kg CO2e, purchased goods and services at about 82,249 kg CO2e, and downstream leased assets at around 9,801 kg CO2e. Scope 1 emissions were reported at approximately 5,617 kg CO2e. Scope 2 emissions, measured on a market-based approach, were about 3,811 kg CO2e, while the location-based measurement for Scope 2 was approximately 19,411 kg CO2e. UniCredit Bank GmbH has disclosed its participation in Scope 1, 2, and 3 reporting, indicating comprehensive coverage of its environmental impact. There is no information available regarding specific reduction targets or SBTi commitments at this level.