BankTrack is the international tracking, campaigning and support organisation focused on banks and the activities they finance.
We aim to promote fundamental changes in the banking sector so that banks adopt just and sustainable business practices.
UniCredit headquarters in Milan, Italy. Photo: Maurizio Colombo, public domainThe UniCredit Group 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. It is a leading European commercial bank with an international network spanning 50 markets, with more than 8,500 branches and over 147,000 employees. 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. At the end of 2017, UniCredit's total assets were EUR 836.790 billion.
| Website | http://www.unicreditgroup.eu |
| Headquarters |
Plazza Gae Aulenti 3 tower A
20154 Milano
Italy
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| CEO/chair |
Mr. Jean-Pierre Mustier CEO |
| Supervisors | |
| Annual report | Integrated Report 2017 |
| Ownership |
listed on Borsa Italia, Frankfurt Stock Exchange & Warsaw Stock Exchange
Unicredit's shareholders structure can be accessed here. |
The policy and guidelines section of the UniCredit website can be found here.
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. UniCredit adopted the Equator Principles in 2003.
UniCredit must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
UniCredit is involved in financing the following Equator Principles projects that BankTrack considers controversial.
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True leader
Front runner
Follower
Laggard
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BankTrack has assessed UniCredit on its implementation of the UN Guiding Principles on Business and Human Rights in June 2016. UniCredit is assessed as a Follower, with a total score of 6/12.
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UniCredit is reporting on the implementation here.
