In line with our ambition to be the bank for Europe's future, Environmental, Social and Governance (ESG) considerations are a core part of our Culture and mindset.
Sustainability guides and informs every decision we make and all actions we take.
We also know that fulfilling our Purpose of empowering communities to progress would not be possible without the highest ESG standards across our bank, driving a sustainable growth. That is why ESG principles are woven through UniCredit Unlocked, our new strategy, to help our clients in a just and sustainable transition towards a better society.
Our ESG strategy is built around interrelated elements (from the top):
- ESG principles, representing our important milestiones
woven through Unicredit
- leading by example, striving for the same high standards
we seek from
those we do business with
- setting ambitious ESG goals to support a just and fair
transition for our clients
We are committed to delivering €150bn in ESG finance by 2024 in the form of environmental lending A(€25bn), ESG investment products B (€65bn), sustainable bonds C (€50bn) and social lending A (€10bn).DOWNLOAD PDF
- equipping ourselves with tools to assist clients and communities in
the environmental and social transition through strategic sustainable
across our building blocks.
Our key strategic actions are:
- Partnering with our Clients for a just and fair transition
- Supporting Communities and Society
- Steering our behaviour with clear commitments
- Enriching our Risk & Lending approach
- embracing and investing the resources needed to deliver
reach our ambitious
targets and longterm commitments, through a strong Governance Model, embracing our Culture
delivering quality Monitoring, Reporting and Disclosure.
A Including ESG-linked lending.
B Based on Art. 8 and 9 SFDR regulation.
C All regions, including sustainability linked bonds.
GROUP ESG ROADMAP
UniCredit’s ESG Strategy is embodied in the ESG Roadmap which is our operative tool to work on ESG priorities across the organisation, with several workstreams reflecting the key strategic actions described above. For 2023, we have reviewed the Group ESG Roadmap key streams to reflect our progress and ESG priorities.
ESG RATINGS AND INDICES
The Group Investor Relations team, with the support of the ESG team, proactively and reactively interacts with the ESG rating agencies with the aim of communicating and monitoring the Group sustainability strategy and improving our positioning and disclosure. Our sustainable performance is reflected in the key external ratings.DOWNLOAD PDF Discover more in our Corporate website
INTERNATIONAL AND INSTITUTIONAL INITIATIVES
To strengthen and manifest our commitment to the green and social transition, we have decided over the years to adhere to key international and institutional initiatives.DOWNLOAD PDF