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Certain sectors and activities require a specialised approach to ensure that transactional and related risks are properly addressed. We have developed detailed policies for those sectors relevant to UniCredit that are liable to special environmental and social risks.

 

We have specific sustainability policies in place which contribute to human rights topics such as the Code of Conduct, the Anti-Bribery and Anti-Corruption Global Policy, the Anti-Bribery and Anti-Corruption Global Operational Regulation, the Whistleblowing Policy and the Anti-Money Laundering (AML) and Countering of Terrorist Financing (CTF) Policy, as well as our Commitment to Human Rights.

 

These policies are inspired by international agreements, guidelines and standards (including the International Finance Corporation Performance Standards, the World Bank Group Environmental, Health and Safety Guidelines and the principles of the UN Global Compact), as well as other practices widely employed by specific industries.

 

 

Policies, statements and commitments Objective Download document
Tobacco Sector UniCredit has signed the Tobacco Free Finance Pledge with the aim to have an active role in addressing global environmental and social priorities  Tobacco
Oil and Gas The policy establishes standards and guidelines that address the risks associated with financing the Oil & Gas Industry Oil & Gas
Defense/weapons The statement defines financial involvement with companies from the defence/armaments industry  Defence/weapons
Coal Sector The policy establishes standards and guidelines that address the risks associated with financing the coal sector Coal
Coal (addendum)
Mining The policy establishes standards and guidelines that address the risks associated with financing mining operations Mining
Nuclear Energy The policy regulates financial involvement with and address the challenges posed by the nuclear energy sector  Nuclear Energy  
Water Infrastructure The policy establishes standards and guidelines that address the risks associated with financing large water infrastructure projects, such as dams Water Infrastructure (Dams)
Human Rights The commitment summarises the Group’s approach to human rights, focusing on some stakeholder categories such as employees, customers, suppliers and communities. It is based on international declarations and conventions, standards, principles, guidelines and recommendations Human Rights
Position on 185/90 Summary of notifications of UniCredit permanent export as per the Italian Parliament Annual Report 2019 Position Data Italian Law 185/90
Modern Slavery The statement describes the measures taken by UniCredit to mitigate the risk of slavery and human trafficking, within our businesses or our supply chain, in accordance with section 54 of the United Kingdom's Modern Slavery Act 2015 2022 Statement on Modern Slavery Act
2021 Statement on Modern Slavery Act
2020 Statement on Modern Slavery Act
2019 Statement on Modern Slavery Act
2018 Statement on Modern Slavery Act
2017 Statement on Modern Slavery Act
2016 Statement on Modern Slavery Act
Rainforests  The commitment ensures that our activity does not aid deforestation or forest degradation, unless appropriately mitigated Rainforests

Engaging with stakeholders is essential to building trust.

 

We have an ongoing interaction with sustainability rating agencies, also supporting the increasing requests by investors for greater transparency, more stakeholder engagement and stronger sustainability management.