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Climate change

Our commitment to fighting climate change follows a three-tiered approach:

  • shrinking the carbon footprint of our operations
  • financing renewable energy sources
  • developing ways to reduce financed emissions

 

As a signatory of the United Nations Environment Programme Finance Initiative (UNEP FI), the Group pledges to deepen its understanding of the risks and opportunities of climate change.

 

UniCredit has participated from the onset in the CDP (formerly the Carbon Disclosure Project), an initiative that promotes the commitment of large companies to disclose the risks related to climate change inherent in their activities.

Our participation entails completing a web-based questionnaire regarding our environmental management and assigning company ratings by project.

 

Our commitment to reduce emissions is also about purely operational activities, such as business trips. This includes discouraging travel to company meetings scheduled to last less than three hours, encouraging the use of advanced solutions for remote collaboration, and the ongoing process of modernizing the corporate fleet, gradually moving toward greener solutions.

 

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Updated on 25 March 2019.