Rating and indexes
We are included in major environmental, social and governance performance indices and benchmarks.
Inclusion in these indexes is critical for companies seeking to strengthen their reputation. Moreover, investors are increasingly attracted to sustainable businesses and companies with lower risk profiles and strong prospects for long-term growth.
At UniCredit, we consider the rating agencies' assessment to be a productive time for reflection on our results and external perceptions. We look forward to their viewpoints and account for them in the development of our future sustainability practices
Dow Jones Sustainability Index
The 2016 DJSI assessment is based only on UniCredit's publicly available information, therefore the resulting score is not comparable with the previous years when we actively participated to the assessment process.
S&P Dow Jones Indices, one of the world's leading providers of financial market indices, and RobecoSAM, the investment specialist focused exclusively on Sustainability Investing, every year publish the results of the annual Dow Jones Sustainability Indices review.
Launched in 1999, the Dow Jones Sustainability Indices (DJSI) were the first global indices to track the financial performance of the leading sustainability-driven companies worldwide. The DJSI follow a best-in-class approach, including companies across all industries that outperform their peers in numerous sustainability metrics.
Unicredit's results by SAM (2007 - 2014)
FTSE4Good Index Series
FTSE confirms that Unicredit has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Following the June 2016 review, the results from FTSE4Good ESG Ratings are also positive: UniCredit absolute score has obtained 4.3 out of 5. Moreover our ICB Supersector Percentile (banking sector) is 90 out of 100, leading in social and environmental pillars.
UniCredit has been a member of the FTSE4Good Index since 2001. Created by the global index company FTSE, FTSE4Good is an equity index series that is designed to facilitate investment in companies that meet globally recognised corporate responsibility standards. Companies in the FTSE4Good Index Series have met stringent environmental, social and governance criteria, and are positioned to capitalise on the benefits of responsible business practice.
Ethibel EXCELLENCE Register and ESI Excellence Europe & Global
At the end of 2011 UniCredit has been reconfirmed for inclusion in the Ethibel EXCELLENCE Investment Register. This inclusion forms the basis for the European Collective Quality label 'ETHIBEL EXCELLENCE', which is awarded to investment funds and financial products only.
UniCredit is constituent of the Ethibel Sustainability Index EXCELLENCE Europe and Global as well.
Forum ETHIBEL reviews companies worldwide on their ESG performance and ethical controversies and provides specific instruments and labels to support investors in their search for SRI products. Forum ETHIBEL draws on the research of the rating agency VIGEO that investigates hundreds of stock quoted companies every year.
ABI "2011 ESG Benchmark"
The Italian Banking Association (ABI) "2011 ESG Benchmark" survey reviewed a cross section of banks comprising 63.3 percent of all active Italian branches and 78 percent of the country's total banking sector assets.
The survey assessed "how the economic, social and governance (ESG) factors are integrated in the strategy, organization, processes and reporting activities of a bank, as supporting levers for business".
Their analysis focused on four areas: Strategy, Governance, Management and Sustainability reporting.
UniCredit achieved the strongest results among Italian banks. According to ABI, "UniCredit, compared to the sample, shows a performance almost coinciding with the maximum found... positioning itself as the institution that integrates factors Environmental, Social & Governance in their business more effectively."
In accordance with the ASPI Eurozone® guidelines, UniCredit is also included in ASPI index starting from September 2011, following the annual review of the index composition by Vigeo.
The ASPI Eurozone® index selects the 120 best rated companies in the Eurozone on the basis of Vigeo's CSR rating methodology. Our rating criteria relate to the protection of the environment, the respect of human rights, the management of human resources, community involvement, responsible business behavior and corporate governance.
UniCredit was validated with the Prime Status in the oekom research annual review. The last full review was performed at the end of 2013 and the overall rating attributed to UniCredit was C - Prime.
oekom already conducted an interim update for the 2014 based UniCredit current sustainability reporting. The overall rating was confirmed as C - Prime.
The next full update for 2015 will be held probably in Q3 or Q4 of 2015.
UniCredit is a constituent of the following ECPI® Indices.
ECPI® indices are used as benchmarks, investment and risk management tools.
ECPI is an independent company dedicated to sustainability Research, Rating and Indices and has been active in integrating Intangible Value/Non-traditional Risk Factor Research i.e. Environmental, Social and Governance (ESG) with mainstream quantitative financial analysis since 1997.
Standard Ethics Rating
UniCredit is included in the Standard English Ethics Banks Index ©, one of the three indices ranging from 2013 to constitute the tools of ongoing observation which Standard Ethics aims to have in Italy. The other two indices are the Italian Index, that consists of the companies of the Italian Stock Exchange FTSE-MIB with a Standard Ethics Rating, and Best in Class Index that consists of the best for each rating category of Standard Ethics.
The Standard Ethics Rating is an assessment of sustainability and governance based on the principles and directions voluntary UN, the Organization for Economic Cooperation and Development (OECD) and the European Union.
The independent agency Standard Ethics issuing credit ratings on sustainability standardized and explicitly (solicited) requested by the recipient, is now inserted in a unique position in Europe.