UniCredit acknowledges that preserving ecosystems is the only way to sustainably maintain economic development. Climate change, loss of biodiversity, soil degradation and water scarcity are undermining human activities. This is why, in recent years, we have engaged in a series of initiatives aimed at reducing the direct and indirect impacts of our operations. Through our greenhouse gas abatement targets, our supplier selection criteria and our lending practices, we are engaged in demonstrating that businesses can play an active role in addressing the challenges of the 21st century. We engage with our customers and suppliers and in private-public partnerships, so that businesses, together with policymakers, can contribute to preserving nature and eradicating poverty and hunger.
Data as at December 31,2015
- Renewables and energy efficiency promotion
- Environmental business culture development
- Air quality conservation
- Community well-being
Our environmental governance
At UniCredit, we believe that strong environmental governance is key to the implementation, monitoring and constant improvement of our strategies and policies pertaining to environmental issues.
This is why we recently bolstered our internal governance by consolidating our commitments and by establishing the Group Environmental and Social Council (GESC).
The GESC oversees the implementation of UniCredit's environment related initiatives and commitments. This council is in charge of proposing the Group's environmental strategy, annual objectives and targets as well as related activities for approval by the EMC. The activities of the GESC are consistent with our Environmental Commitment and the UniCredit Environmental Policy and encourage the development and diffusion of environmentally friendly technology.