Unipolsai

UnipolSai, a financial intermediation services company based in Italy, reported total carbon emissions of approximately 2.28 billion kg CO2e in 2024. This figure includes Scope 1 emissions of 9.06 million kg CO2e, Scope 2 market-based emissions of 6.84 million kg CO2e, and Scope 3 emissions of approximately 2.26 billion kg CO2e. Key contributors to Scope 3 emissions include investments at 843.75 million kg CO2e and downstream leased assets at 705.28 million kg CO2e.

Looking back, the company's total emissions in 2023 were approximately 1.38 billion kg CO2e. In 2022, UnipolSai's Scope 1 emissions were approximately 10.55 million kg CO2e, and Scope 2 market-based emissions were 5.69 million kg CO2e, with total Scope 3 emissions reported as approximately 7.75 billion kg CO2e. For 2021, Scope 1 emissions stood at 7.56 million kg CO2e, Scope 2 market-based emissions were 7.35 million kg CO2e, and total Scope 3 emissions were approximately 7.67 billion kg CO2e.

UnipolSai has committed to significant reductions, targeting a 46.2% absolute reduction in Scope 1 and Scope 2 emissions by 2030, using 2021 as a baseline year. This target specifically addresses electricity, gas, and other energy consumption within buildings under the Group's direct control. While this target applies to both Scope 1 and Scope 2 emissions, the company is currently on track for its Scope 1 reduction target but not for its Scope 2 target.

It is noted that UnipolSai's climate data, including emissions performance, is largely inherited from UnipolSai Assicurazioni S.p.A. through a merged entity relationship.