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Unipol Assicurazioni SpA

Common Name
Unipol Assicurazioni
Country
Italy
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
12,590
Ticker
UNI
Exchange
Borsa Italiana
Description
Unipol Assicurazioni S.p.A. is an Italian financial company operating primarily in the insurance sector, with additional activities in banking, real estate, and hospitality. As a key entity within the...

Unipol Assicurazioni's GHG Emissions Data Preview

In 2024, Unipol Assicurazioni completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Unipol Assicurazioni has also provided a category-level breakdown for 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
9,062a
8,624a
10,592b
Total Scope 2
Market-Based
6,842a
5,868a
5,688b
Location-Based
32,205a
28,021a
28,548b
Total Scope 3
4,247,028a
7,697,493b
7,745,344b
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.6609a
0.6278a
1.5748b
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Verified Sources Behind Unipol Assicurazioni’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Unipol Assicurazioni's Financial Report 2024
b. Unipol Assicurazioni's Integrated Report 2023

Insights into Unipol Assicurazioni's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Unipol Assicurazioni amounted to 41,267 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Unipol Assicurazioni increased by 12.61%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Unipol Assicurazioni's Scope 1 Emissions Over Time

201920222023202403 k6 k9 k12 ktCO2e-7%-19%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Unipol Assicurazioni's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Unipol Assicurazioni were 9,062 metric tons of CO₂ equivalent (tCO₂e).a

Has Unipol Assicurazioni reduced its Scope 1 emissions over time?

Since 2019, Unipol Assicurazioni's Scope 1 emissions have decreased by 20.16%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), Unipol Assicurazioni's Scope 1 emissions increased by 5.08%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Unipol Assicurazioni's Scope 2 emissions?

In 2024, Unipol Assicurazioni reported Scope 2 greenhouse gas (GHG) emissions of 6,842 tCO₂e using the market-based method and 32,205 tCO₂e using the location-based method.a

Has Unipol Assicurazioni reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Unipol Assicurazioni's Scope 2 emissions (Location-Based) rose by 14.93% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Unipol Assicurazioni use for Scope 2 reporting?

In 2024, Unipol Assicurazioni reported its Scope 2 emissions using the market-based method and using the location-based method.a

Unipol Assicurazioni's Scope 2 Emissions Over Time

201920222023202408.5 k17 k25.5 k34 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Unipol Assicurazioni's Value Chain Emissions

In 2024, Unipol Assicurazioni reported 4,247,028 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Unipol Assicurazioni includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Unipol Assicurazioni's Scope 3 Emissions Over Time

20222023202402 M4 M6 M8 MtCO2e-1%-45%
  • Total Scope 3
  • Year-over-Year Change

What are Unipol Assicurazioni's Scope 3 emissions?

In 2024, Unipol Assicurazioni reported total Scope 3 emissions of 4,247,028 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 14.19% of these emissions originated from upstream activities such as purchased goods and capital goods, while 85.81% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Unipol Assicurazioni's Scope 3 emissions decreased by 44.83%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Unipol Assicurazioni disclose?

In 2024, Unipol Assicurazioni reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Unipol Assicurazioni's Scope 3 emissions?

In 2024, the largest contributors to Unipol Assicurazioni's Scope 3 emissions were:a

  • Investments (Cat. 15): 2,825,886 tCO₂e (66.54%)
  • Downstream Leased Assets (Cat. 13): 705,278 tCO₂e (16.61%)
  • Capital Goods (Cat. 2): 271,149 tCO₂e (6.38%)

Unipol Assicurazioni's Scope 3 Emissions by Categories

Investments(Cat. 15)(66.5%)Downstream LeasedAssets (Cat. 13)(16.6%)Capital Goods(Cat. 2)(6.4%)

Insights into Unipol Assicurazioni’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Unipol Assicurazioni reported Scope 1 greenhouse gas (GHG) emissions of 9,062 tCO₂e and total revenues of USD 13,712 millions. This translates into an emissions intensity of 0.66 tCO₂e per millions USD.a

Unipol Assicurazioni's Scope 1 Emissions Intensity Compared to Peers

505002,00020,000100,000Scope 1 Emissions (tCO2e)5002,00010,00050,000200,000Revenues (Millions of USD)HiscoxYear: 2024Scope 1: 549 tCO2eRevenue: $M 3,675Scope 1 Intensity: 0.15 tCO2e/$MSompo HoldingsYear: 2024Scope 1: 37,359 tCO2eRevenue: $M 31,857Scope 1 Intensity: 1.17 tCO2e/$MMS&AD Insurance Group HoldingsYear: 2024Scope 1: 14,370 tCO2eRevenue: $M 41,858Scope 1 Intensity: 0.34 tCO2e/$MPICCYear: 2024Scope 1: 650 tCO2eRevenue: $M 82,248Scope 1 Intensity: 0.01 tCO2e/$MPICC Property and CasualtyYear: 2024Scope 1: 182 tCO2eRevenue: $M 65,118Scope 1 Intensity: 0.00 tCO2e/$MAllstateYear: 2024Scope 1: 17,485 tCO2eRevenue: $M 63,513Scope 1 Intensity: 0.28 tCO2e/$MTravelers CompaniesYear: 2024Scope 1: 19,069 tCO2eRevenue: $M 46,430Scope 1 Intensity: 0.41 tCO2e/$MTokio Marine HoldingsYear: 2024Scope 1: 12,517 tCO2eRevenue: $M 46,758Scope 1 Intensity: 0.27 tCO2e/$MProgressiveYear: 2024Scope 1: 32,281 tCO2eRevenue: $M 75,335Scope 1 Intensity: 0.43 tCO2e/$MChubbYear: 2024Scope 1: 28,246 tCO2eRevenue: $M 56,155Scope 1 Intensity: 0.50 tCO2e/$MGjensidige ForsikringYear: 2024Scope 1: 434 tCO2eRevenue: $M 3,578Scope 1 Intensity: 0.12 tCO2e/$MHyundai Marine & Fire InsuranceYear: 2024Scope 1: 2,582 tCO2eRevenue: $M 9,692Scope 1 Intensity: 0.27 tCO2e/$MSunshine Insurance GroupYear: 2024Scope 1: 13,093 tCO2eRevenue: $M 10,045Scope 1 Intensity: 1.30 tCO2e/$MDB InsuranceYear: 2024Scope 1: 2,366 tCO2eRevenue: $M 11,742Scope 1 Intensity: 0.20 tCO2e/$MHanover Insurance GroupYear: 2024Scope 1: 4,589 tCO2eRevenue: $M 6,216Scope 1 Intensity: 0.74 tCO2e/$MIntact FinancialYear: 2024Scope 1: 8,150 tCO2eRevenue: $M 17,366Scope 1 Intensity: 0.47 tCO2e/$MInsurance Australia GroupYear: 2025Scope 1: 6,770 tCO2eRevenue: $M 9,717Scope 1 Intensity: 0.70 tCO2e/$MSuncorp GroupYear: 2025Scope 1: 2,531 tCO2eRevenue: $M 10,152Scope 1 Intensity: 0.25 tCO2e/$MAssurantYear: 2024Scope 1: 1,282 tCO2eRevenue: $M 11,881Scope 1 Intensity: 0.11 tCO2e/$MAdmiral GroupYear: 2024Scope 1: 542 tCO2eRevenue: $M 5,866Scope 1 Intensity: 0.09 tCO2e/$MSamsung Fire & Marine InsuranceYear: 2024Scope 1: 5,794 tCO2eRevenue: $M 12,881Scope 1 Intensity: 0.45 tCO2e/$MCincinnati FinancialYear: 2024Scope 1: 14,273 tCO2eRevenue: $M 11,337Scope 1 Intensity: 1.26 tCO2e/$MQBE Insurance GroupYear: 2024Scope 1: 7,746 tCO2eRevenue: $M 18,746Scope 1 Intensity: 0.41 tCO2e/$MW. R. BerkleyYear: 2024Scope 1: 10,412 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.76 tCO2e/$MUnipol AssicurazioniYear: 2024Scope 1: 9,062 tCO2eRevenue: $M 13,712Scope 1 Intensity: 0.66 tCO2e/$M

How does Unipol Assicurazioni's GHG emissions intensity compare to its peers?

In 2024, Unipol Assicurazioni reported a Scope 1 emissions intensity of 0.66 tCO₂e per millions USD. Compared to the peer group median of 0.38, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Unipol Assicurazioni rank on GHG emissions intensity within its industry?

In 2024, Unipol Assicurazioni ranked 19 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Unipol Assicurazioni is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Unipol Assicurazioni's Total Carbon Footprint

In 2024, Unipol Assicurazioni reported a total carbon footprint of 4,288,295 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 44.55% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Unipol Assicurazioni's total carbon footprint was Scope 3 emissions, accounting for 99.04% of the company's total carbon footprint, followed by Scope 2 emissions at 0.75%.a

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