Active
This profile is actively maintainedCreated before Nov 2016
Last update: 2022-02-03 12:43:03
Send feedback on this profile
Download as PDF
Share this page:



About UniCredit
The UniCredit Group, founded in 1998, is the result of the merger of nine of Italy's largest banks and the subsequent combination with the German HVB Group and the Italian Capitalia Group. It is now a banking group based in Milan that also includes (amongst others) Bank Austria and Hypovereinsbank. UniCredit is a major international financial institution. The group operates in 14 European countries: Austria, Germany, Russia, Bosnia and Herzegovina, Hungary, Serbia, Bulgaria, Italy, Slovakia, Croatia, Romania, Slovenia, Czech Republic and Turkey.
Website | http://www.unicreditgroup.eu |
Headquarters |
Plazza Gae Aulenti 3 - Tower A
20154 Milan
Italy
|
CEO/chair |
Andrea Orcel CEO |
Supervisors | |
Annual report | Annual report 2021 |
Ownership |
listed on Borsa Italia, Frankfurt Stock Exchange & Warsaw Stock Exchange
Unicredit's shareholder structure can be accessed here. |
Complaints and grievances |
UniCredit does not operate a complaints channel for individuals and communities that may be adversely affected by its finance. The bank can be contacted via its online contact form. |
Related Dodgy Deals
Dodgy Deals map
Policy Assessments
Tracking the Equator Principles
EPFIs reporting status
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
Banks and Climate
Bank net zero commitments
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
- A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
- An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.
Abbreviations:
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
Banks and Human Rights
Human Rights Benchmark November 2019
A PHP Error was encountered
Severity: Notice
Message: Undefined property: stdClass::$col_values
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 417
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Undefined property: stdClass::$col_values
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 417
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
Response Tracking
This page evaluates UniCredit's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
The bank publicly responded but did not acknowledge its link to the impact or comment on the specific issues raised.
Following the bank's response: The bank acknowledges its link to the impact, but still does not comment on or respond to the substance of the issues raised. Therefore, the score has been amended to 0.5.
No information available on whether the bank engaged with its client or took appropriate action.
Following the bank's response: The bank confirmed that it ""engaged with the customer and gathered statements and positions on the allegation"". The bank did not provide details of this engagement nor did the bank state whether it had required the company to take specific actions or that the bank had taken appropriate action itself. Therefore, the score remains unchanged.
News
Documents
Links
Policies
Voluntary standards
UniCredit has committed itself to the following voluntary standards:- Klimaschutz-Selbstverpflichtung des Finanzsektors
- Carbon Disclosure Project
- Equator Principles
- Global Reporting Initiative
- Natural Capital Declaration
- Net-Zero Banking Alliance (NZBA)
- Paris Agreement Capital Transition Assessment (PACTA)
- Principles for Responsible Banking (PRB)
- Principles for Responsible Investment (PRI)
- Thun Group on Human Rights
- UN Guiding Principles on Business and Human Rights
- UNEP Finance Initiative
- United Nations Global Compact
- Universal Declaration of Human Rights
Investment policies
UniCredit's web page on corporate social responsibility can be accessed here.
Equator Principles
Implementation and reporting
UniCredit is reporting on the implementation here.