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 70 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, UniCredit reported carbon emissions of approximately 19,411 kg CO2e for Scope 2 and a staggering 28,872,328,000 kg CO2e for Scope 3 emissions globally. In 2023, the bank's emissions included about 26,072,000 kg CO2e for Scope 1, 21,422,000 kg CO2e for Scope 2 (market-based), and 29,683,000 kg CO2e for Scope 3. Notably, in Italy, Scope 1 emissions were around 11,342,000 kg CO2e, while Scope 2 emissions (location-based) reached approximately 48,532,000 kg CO2e. UniCredit has set ambitious climate commitments, aiming for Net Zero on its own emissions (Scope 1 and 2) by 2030. This commitment aligns with their participation in the Net Zero Banking Alliance (NZBA), which targets Net Zero on financed emissions by 2050. The bank has also established a convergence target of 111 gCO2e/kWh for power generation emissions by 2030, representing a significant reduction of approximately 46.63% from previous levels. Overall, UniCredit's proactive approach to reducing its carbon footprint reflects its dedication to supporting Europe's green transition and addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
2013 | 2014 | 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 82,533,000 | 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 | 276,341,000 | 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 |
Scope 3 | 12,119,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000,000 |
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.
Unicredit 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.