Unipol, officially known as Unipol Gruppo S.p.A., is a prominent player in the Italian insurance and financial services industry, headquartered in Bologna, Italy. Founded in 1962, the company has evolved significantly, establishing itself as a leader in both life and non-life insurance sectors, as well as banking services. With a strong presence across Italy, Unipol offers a diverse range of products, including health, property, and casualty insurance, distinguished by their customer-centric approach and innovative solutions. The company has achieved notable milestones, including strategic acquisitions that have bolstered its market position. Recognised for its commitment to sustainability and social responsibility, Unipol continues to set benchmarks in the industry, making it a trusted choice for millions of customers.
How does Unipol'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 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.
Unipol's score of 35 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Unipol reported total carbon emissions of approximately 7,697,493,000 kg CO2e across all scopes. This includes about 8,624,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and approximately 5,868,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 7,697,493,000 kg CO2e, fall under Scope 3, which includes all other indirect emissions in the value chain. In 2022, Unipol's emissions were slightly higher, with total emissions of approximately 7,745,344,000 kg CO2e, including about 10,548,000 kg CO2e from Scope 1 and approximately 5,688,000 kg CO2e from Scope 2. The trend shows a reduction in Scope 1 emissions from 10,548,000 kg CO2e in 2022 to 8,624,000 kg CO2e in 2023, indicating a commitment to lowering direct emissions. Despite these figures, Unipol has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction targets suggests a need for further commitment to climate action within the insurance and financial services sector. Overall, Unipol's emissions data highlights the significant impact of Scope 3 emissions, which are critical for understanding the full carbon footprint of the organisation and the broader implications for climate commitments in the industry.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2021 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 9,231,000 | 00,000,000 | 0,000,000 |
Scope 2 | 7,345,000 | 0,000,000 | 0,000,000 |
Scope 3 | 7,672,938,000 | 0,000,000,000 | 0,000,000,000 |
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.
Unipol is committed to some 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.