UniCredit S.p.A., a leading European commercial bank, is headquartered in Milan, Italy. Established in 1998, UniCredit has grown to become a significant player in the banking industry, with a strong presence across Central and Eastern Europe, as well as in Germany and Austria. The bank offers a comprehensive range of financial services, including retail banking, corporate banking, and investment solutions, distinguished by its customer-centric approach and innovative digital offerings. With a commitment to sustainability and responsible banking, UniCredit has achieved notable milestones, including recognition for its efforts in environmental, social, and governance (ESG) practices. As one of the largest banks in Europe, UniCredit continues to strengthen its market position through strategic partnerships and a focus on enhancing customer experience, making it a trusted choice for individuals and businesses alike.
How does Unicredit'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 Services Auxiliary to Financial Intermediation 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.
Unicredit's score of 73 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, UniCredit reported total carbon emissions of approximately 28.9 billion kg CO2e, with Scope 2 emissions accounting for about 19,411 kg CO2e and Scope 3 emissions contributing approximately 28.9 billion kg CO2e. Notably, there is no data available for Scope 1 emissions for this year. For 2023, UniCredit's total emissions were approximately 77.2 million kg CO2e, comprising about 26.1 million kg CO2e from Scope 1, 21.4 million kg CO2e from Scope 2, and 29.7 million kg CO2e from Scope 3. The company has set ambitious climate commitments, including a target to achieve Net Zero on its own emissions by 2030, as part of its membership in the Net Zero Banking Alliance (NZBA). Additionally, UniCredit aims to reduce its Scope 1 emission intensity to 111 gCO2e/kWh by 2030, representing a 46.63% reduction from its 2021 baseline. In previous years, UniCredit has successfully reduced its overall emissions (Scope 1 and 2) by 60% from 2008 to 2020. The company continues to work on shrinking its carbon footprint across all operations, with a focus on both direct and indirect emissions.
Access structured emissions data, company-specific emission factors, and source documents
| 2008 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 99,479,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 2 | 391,969,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 |
| Scope 3 | 21,018,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
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.
Unicredit 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.

