Unipol Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the Insurance Services 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
Unipol's score of 49 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Unipol's reported carbon emissions
In 2023, Unipol reported total carbon emissions of approximately 8,624,000 kg CO2e for Scope 1, 5,868,000 kg CO2e for Scope 2 (market-based), and a significant 7,697,493,000 kg CO2e for Scope 3 emissions. The total emissions for Scope 1 and 2 combined amounted to about 14,492,000 kg CO2e (market-based). Comparatively, in 2022, Unipol's emissions were higher, with Scope 1 at about 10,592,000 kg CO2e, Scope 2 (market-based) at 5,688,000 kg CO2e, and Scope 3 at approximately 7,745,344,000 kg CO2e. This indicates a reduction in Scope 1 and Scope 2 emissions, reflecting the company's ongoing commitment to lowering its carbon footprint. Unipol has set long-term climate commitments, including plans to divest from coal by 2030, which applies to both Scope 1 and Scope 2 emissions. This initiative is part of their broader strategy to support the transition to a low-carbon economy through responsible investments and engagement with high-impact investees. The emissions data is not cascaded from any parent organization, and all figures are reported directly by Unipol Assicurazioni S.p.A. The company continues to disclose its emissions across all relevant scopes, demonstrating transparency in its climate impact reporting.
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| 2018 | 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 8,924,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 38,937,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Unipol's Industry?
How Carbon Intensive is Unipol's Location?
Unipol's Scope 3 Categories Breakdown
Unipol's Scope 3 emissions, which decreased by 1% last year and increased by approximately 0% since 2021, 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 "Investments" being the largest emissions source at 11% of Scope 3 emissions.
Top Scope 3 Categories
Unipol'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.
Unipol 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.
