Hypo Vereinsbank - Über uns - Climate protection

Each individual is called upon to make his or her contribution. The longest lever that we as a financial institution can contribute effectively to climate protection is our products and services. We sensitize our customers to climate protection and support them in reducing their CO₂ emissions – with consulting offers, favourable loans for energy efficiency measures, and climate-friendly investment products.

Our Joint Responsibility: More Climate Protection

For a more conscious way of dealing with climate risks, we are cooperating with other leading German financial services companies and the German Federal Ministry for Education and Research in the “Finance Forum: Climate Change,” which was founded in 2007. At the regional level, we are involved together with agents from business, science, politics, and society in the association “Munich for Climate Protection.” Through UniCredit, we participate in the Carbon Disclosure Project, which works toward disclosure of the climate risks in large corporations. UniCredit is one of the initial signers of the statement of the “Finance Initiative” of the United Nations Environment Programme (UNEP-FI) on climate change, which was published in 2007. In this context, we committed ourselves to reducing our own CO₂ emissions and to reporting regularly on it.

You deserve more. So does the climate!

Climate change is both a challenge and an opportunity at the same time. It demands new products and services and thus creates new lead markets and business areas. Financial services providers play an important role in the development of the future “climate protection” market, since climate-friendly technologies need innovative financing plans. We are convinced that climate protection is worth doing, and we participate in the joint promotional week from the Federal Environmental Ministry and German financial services companies.

Our Climate Goal: Minus 30 by 2020

UniCredit has set a clear goal for itself: to reduce its own CO₂ emissions by 30 percent by 2020 (base year: 2008). The climate strategy is being implemented in a partnership with the WWF known as the Green Deal. One important step is that HVB has resolved to convert to 100 percent electricity from renewable energies for 2010.

Statements

“Responsible Corporate Governance is the highest priority for us. This includes an orientation to the challenges of the future. Therefore, we are accepting responsibility for climate protection in our own operations and support our customers in reducing their CO₂ emissions with our products.”
Dr. Theodor Weimer, Speaker of the Management Board of HypoVereinsbank

“UniCredit should become one of the most sustainable banks in Europe.”
Alessandro Profumo, CEO UniCredit

“With its goal of a 30 percent reduction in CO₂ by 2020, HypoVereinsbank intends to make a true and significant contribution to climate protection among European financial institutions.”
Stefan Löbbert, Head of Corporate Sustainability at HVB