Embedding sustainability in all that we do is one of the five strategic imperatives of UniCredit Unlocked, a plan that builds on our strong foundations to unlock the potential of our Group, paving the way for the future of our bank and of all our stakeholders, whilst ensuring that we always lead by example and fulfil our Purpose of Empowering Communities to Progress.
- Our ESG Principles
- Leading by Example on ESG
- Our ESG Goals
- Our Key Strategic Actions
-Partnering with our clients for a just and fair transition
-Supporting communities and society
-Steering our behaviour with clear commitments
-Enriching our risk and lending approach - Our Enablers
-Our Governance Model
-Our Culture
-Monitoring, Reporting and Disclosure
Our ESG strategy is built on strong fundamentals and interconnected elements to deliver value:
- ESG principles, representing our important milestones woven through UniCredit Unlocked
- leading by example, striving for the same high standards that we seek from those we do business with
- setting ambitious ESG goals to support a just and fair transition for our clients
- equipping ourselves with tools to assist clients and communities in navigating the environmental and social transition through strategic sustainable actions
- embracing and investing the resources needed to deliver and reach our ambitious targets and long-term commitments, through a strong Governance Model, embracing our Culture and delivering quality Monitoring, Reporting and Disclosure.
We have defined a new set of targets focusing on a more meaningful ESG penetration. This allows a more transparent view on UniCredit ESG performance over total business, netting out overall market effects not related to ESG.
Our targets are subject to the evolution of ESG regulation, that we expect to further mature
For a detailed overview, please refer to the quarterly ESG investor updates:
To strengthen and manifest our ESG commitments, bearing sustainability at the heart of everything we do, we have decided over the years to adhere to key international and institutional sustainability initiatives such as the Task Force on Climate-Related Financial Disclosures, the UNEP FI Principles for Responsible Banking, the Net-Zero Banking Alliance, Finance for Biodiversity Pledge, Ellen McArthur Foundation and many others. For a detailed overview, please see Integrated Report.
We create tangible value for all our stakeholders by providing real solutions to real needs. Thanks to our unique pan-European footprint and heritage, UniCredit is the bank for Europe's future. Our values are driven by our Purpose of Empowering Communities to Progress, which is at the heart of our corporate culture. In line with our Group Culture and Values - Integrity, Ownership and Caring, we have a constant commitment to doing the right thing for all our stakeholders and for society, always taking into account their views and sustainability in all our business and decision-making processes.