ESG considerations are fundamental to every decision we make and every action we execute. They are a central part of how we do business. We know that fulfilling our purpose of Empowering Communities to Progress would not be possible without the highest standards of ESG across our bank.
Our Strategic Targets
This set of commitments and targets covering Environmental, Social and Governance (ESG) demonstrate how sustainability is part of our Group's DNA and is fully integrated in our business strategies. Sustainability is a crucial component of our success.
Creating value for our stakeholders
We create tangible value for all our stakeholders by providing real solutions to real needs.
UniCredit is a simple, successful pan-European commercial bank with a fully plugged-in Corporate and Investment Bank (CIB), delivering a unique Western, Central and Eastern European network to our extensive and growing client franchise. In line with our Group values, we are committed to all our shareholders, clients, colleagues, communities and the environment.
We listen to our stakeholders with selected dialogue tools, to assess what is materially important to them. After identifying critical ESG, we develop our approach and strategies for each one of them.
Our commitments to the Environment
We are committed with specific targets to further reduce both our direct environmental impact through specific energy choices and our loan portfolio exposure to controversial sectors businesses.
Our commitments to Society
Making Sustainability matter
Social Impact Banking
Social Impact Banking ("SIB") is UniCredit's commitment to building a fairer and more inclusive society by identifying, financing and promoting initiatives that can have a positive social impact.
UniCredit Foundation ETS is the corporate Foundation of UniCredit Group aiming at unlocking the potential of Europe's next generation. It provides Europe's youth with enhanced and equal educational opportunities and the support they need to make their way in the academic and professional world. The Foundation's initiatives aim at combating school drop-out, enhancing employability, encouraging university attainment and promoting study and research.
UNI Global Union Agreement
We signed a Global Framework Agreement with UNI Global Union. The agreement will strengthen the dialogue on human rights and fundamental labour rights.