PostFinance AG, headquartered in Switzerland (CH), is a leading financial services provider renowned for its comprehensive range of banking solutions. Established in 1906, PostFinance has evolved significantly, becoming a key player in the Swiss financial landscape, particularly in retail banking and payment services. With a strong presence across Switzerland, PostFinance offers unique products such as digital banking services, savings accounts, and investment solutions tailored to meet the diverse needs of its customers. The company is distinguished by its commitment to innovation and customer-centric services, making it a preferred choice for individuals and businesses alike. As a subsidiary of Swiss Post, PostFinance holds a prominent market position, recognised for its reliability and efficiency. Its notable achievements include a robust customer base and a reputation for secure, accessible financial services, solidifying its status as a trusted partner in the Swiss banking industry.
How does Postfinance's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Postfinance's score of 22 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Postfinance reported total carbon emissions of approximately 1,303,817,000 kg CO2e. This figure includes 782,000 kg CO2e from Scope 1 emissions, 31,000 kg CO2e from Scope 2 emissions, and a significant 1,300,705,000 kg CO2e from Scope 3 emissions, primarily related to investments. Comparatively, in 2022, the total emissions were about 1,393,785,000 kg CO2e, with Scope 1 emissions at 895,000 kg CO2e, Scope 2 at 21,000 kg CO2e, and Scope 3 emissions at approximately 1,389,646,000 kg CO2e. This indicates a reduction in total emissions of about 89,968,000 kg CO2e from 2022 to 2023. Despite these figures, Postfinance has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any formal climate pledges. The absence of defined reduction strategies highlights a potential area for improvement in their climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 895,000 | 000,000 |
Scope 2 | 21,000 | 00,000 |
Scope 3 | 1,389,646,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Postfinance is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.