Public Profile

Unipol

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.

49

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.

27

Industry Benchmark

Unipol's score of 49 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

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Unipol's reported carbon emissions

In 2023, Unipol reported total carbon emissions of approximately 7,694,493,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 99.9% of the total. The breakdown of emissions includes 8,624,000 kg CO2e from Scope 1 and 5,868,000 kg CO2e from Scope 2 (market-based). Notably, the company has disclosed emissions across all three scopes, demonstrating transparency in its reporting. Comparatively, in 2022, Unipol's total emissions were about 7,745,344,000 kg CO2e, with Scope 1 emissions at 10,548,000 kg CO2e and Scope 2 emissions at 16,691,000 kg CO2e (market-based). This indicates a slight reduction in total emissions year-on-year. Despite these figures, Unipol has not set specific reduction targets or climate pledges, which may limit its ability to demonstrate a proactive approach to climate commitments. The absence of defined reduction initiatives suggests a need for the company to enhance its climate strategy to align with industry standards and expectations for sustainability. Overall, while Unipol has made strides in emissions reporting, the lack of concrete reduction targets highlights an area for potential improvement in its climate commitments.

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20182019202120222023
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Unipol's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Unipol is in IT, which has a low grid carbon intensity relative to other regions.

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.

Unipol 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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