Postfinance

PostFinance's Climate Commitments and Emissions Data

PostFinance, a Swiss financial intermediation services company, reported total carbon emissions of approximately 1,001,225,000 kg CO2e in 2024. This figure includes Scope 1 emissions of 611,000 kg CO2e, Scope 2 emissions of 13,000 kg CO2e (market-based), and Scope 3 emissions of 1,001,225,000 kg CO2e, with 17,231,254,000 kg CO2e attributed to investments. In 2023, their total emissions were approximately 1,303,817,000 kg CO2e, including Scope 1 emissions of 782,000 kg CO2e, Scope 2 emissions of 31,000 kg CO2e (market-based), and Scope 3 emissions from investments of 1,300,705,000 kg CO2e. For 2022, PostFinance reported Scope 1 emissions of 895,000 kg CO2e and Scope 2 emissions (market-based) of 21,000 kg CO2e. In 2021, their Scope 3 emissions, primarily from investments, totalled approximately 1,396,322,000 kg CO2e.

PostFinance aims to achieve carbon neutrality for its in-house operations (Scope 1 and 2) by 2030, targeting a 42% reduction in greenhouse gas emissions from its own operations by 2030, against a 2021 base year. Additionally, PostFinance plans to reduce its Scope 3 emissions, particularly those financed by proprietary investments, by at least 25% by 2030, also against a 2021 base year.

PostFinance AG has set near-term Science Based Targets initiative (SBTi) targets classified as 1.5°C aligned. These targets cover 37% of its total investment and lending by total assets as of 2021. The SBTi targets for PostFinance AG's operational emissions (Scopes 1 and 2) are consistent with the reductions required to limit global warming to 1.5°C. These targets and commitments are cascaded from PostFinance Ltd.