Environment

We have developed a significant partnership network and have either initiated, led or been active partners in many important environmental initiatives.

Initiatives we participate in include:

The Global Compact

The UN Global Compact asks companies to embrace, support, and enact, within their sphere of influence, a set of core values in the areas of human rights, labour standards, the environment and anti-corruption. As a multi-stakeholder initiative, it engages businesses, trade unions, civil society organizations, academia, international organizations, and governments.
UniCredit Group endorses these principles and is an active participant in the initiative.

Carbon Disclosure Project (CDP)

UniCredit Group has long been a member of the CDP. The CDP provides the largest and most comprehensive database of strategies from the world’s largest corporations regarding the impact of climate change on shareholder value.
The CDP launched the Climate Disclosure Leadership Index (CDLI), a prestigious honor roll for global corporations addressing the challenges of climate change. UniCredit Group is proud to be included in the index.

United Nations Environment Programme’s Finance Initiative (UNEP-FI)

UniCredit Group is a signatory to UNEP-FI, a global partnership between the United Nations Environment Programme and the financial sector. Together, we are working to understand the impacts of environmental and social considerations on financial performance and to partner on the international level in the promotion and development of integrated banking and environmental sustainability policies.

Italian Forum for Sustainable Finance

As a partner in the Italian Forum for Sustainable Finance (Forum per la Finanza Sostenibile), we are dedicated to supporting this multi-stakeholder organization, which was created to promote dialogue among actors interested in the topic of sustainable development from a financial perspective

Clean Up the World

UniCredit Group contributes to the planning and organization efforts of the Italian branch of Clean Up the World (Puliamo il Mondo), the largest voluntary environmental project in the world

Kyoto Club

UniCredit Group is among the founders of the Kyoto Club, an Italian non-profit organization launched in 1998. Composed of companies, institutions, associations and local authorities, the Kyoto Club is committed to tackling greenhouse gas abatement targets under the provisions of the Kyoto Protocol. To achieve those targets, the Kyoto Club promotes awareness, information and training on issues of energy efficiency, renewable energy and sustainable mobility.

Munich Regional Center of Expertise

HVB is a founding member and head of the Munich Regional Center of Expertise, a worldwide United Nations University initiative. Through the Center, HVB engages in sustainable development education with other corporations, the City of Munich, universities, schools, NGOs and other institutions.

Forum of Socially Responsible Investment

HVB is a founding member of the Forum of Socially Responsible Investment, and we currently head the organization.

Austrian Society for Environment and Technology (ÖGUT)

Bank Austria is a founding member of ÖGUT, a society that aims to initiate and promote solutions that benefit the environment and the economy and to improve communication among relevant interest groups.

RESPACT - Austrian Business Council for Sustainable Development

Bank Austria is a member of respACT - Austrian Business Council for Sustainable Development, an association that is a point of contact for all issues concerning the practical application of sustainability, corporate social responsibility and ethical business conduct.

Brownfield Site Partnerships

The term “brownfield site” generally is understood to mean real property, the expansion, redevelopment, or reuse of which may be complicated by the presence or potential presence of a hazardous substance, pollutant, or contaminant.
Bank Austria is a member of several organizations that are working to address brownfield sites, including the Austrian Society for the Management of Contaminated Sites (ÖVA), and a working group of the Austrian Standards Institute.

For further details, please visit the Environment section