Unipolsai

Unipolsai's reported carbon emissions

Unipolsai, headquartered in Italy and operating in financial intermediation services (excluding insurance and pension funding), has reported significant carbon emissions in recent years. For 2024, the company's total emissions were approximately 2.28 billion kg CO2e. This includes Scope 1 emissions of about 9.06 million kg CO2e and Scope 2 emissions (market-based) of approximately 6.84 million kg CO2e. Scope 3 emissions constituted the largest portion, totalling around 2.26 billion kg CO2e, with notable contributions from downstream leased assets (approximately 705.28 million kg CO2e) and investments (around 843.75 million kg CO2e). In 2023, Unipolsai's total emissions were approximately 1.38 billion kg CO2e. Scope 1 emissions were around 8.62 million kg CO2e, while Scope 2 (market-based) emissions were approximately 5.87 million kg CO2e. Scope 3 emissions accounted for a substantial 541.23 million kg CO2e from downstream leased assets and 819.58 million kg CO2e from investments. Looking back, in 2022, total emissions were approximately 7.76 billion kg CO2e, with Scope 1 at about 10.55 million kg CO2e and Scope 2 (market-based) at around 5.69 million kg CO2e. Scope 3 emissions were reported at approximately 7.75 billion kg CO2e. In 2021, total emissions reached about 7.69 billion kg CO2e, comprising Scope 1 emissions of approximately 7.56 million kg CO2e and Scope 2 (market-based) emissions of around 7.35 million kg CO2e, with Scope 3 emissions totalling approximately 7.67 billion kg CO2e. Unipolsai has set a commitment to reduce Scope 1 and 2 emissions by 46.2% by 2030, relative to a 2021 baseline. This reduction target applies to electrical, gas, and other energy sources for buildings under the Group's direct control. The company reported that it was on track for this target based on its 2022 performance.