PostFinance
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 needs of both individuals and businesses. Its commitment to innovation and customer-centric services has solidified its market position, making it a trusted choice for millions. Notable achievements include its role in promoting cashless transactions and sustainable finance initiatives, reflecting its dedication to modern banking practices. As a subsidiary of Swiss Post, PostFinance continues to leverage its extensive network to deliver exceptional financial services across the nation.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
PostFinance's score of 10 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
PostFinance's reported carbon emissions
In 2022, PostFinance reported total carbon emissions of approximately 4,000,000 kg CO2e, comprising 895,000 kg CO2e from Scope 1, 21,000 kg CO2e from Scope 2, and about 3,223,000 kg CO2e from Scope 3 emissions. This reflects a slight increase in emissions from 2021, where total emissions were around 3,200,000 kg CO2e, with Scope 1 at 869,000 kg CO2e and Scope 2 at 23,000 kg CO2e. The Scope 3 emissions also decreased from approximately 2,208,000 kg CO2e in 2021. PostFinance has set near-term targets aligned with the Science Based Targets initiative (SBTi) to limit global warming to 1.5°C. These targets cover greenhouse gas emissions from company operations (Scopes 1 and 2) and aim to encompass 37% of its total investment and lending by total assets as of 2021. However, the institution has not committed to a net-zero target as of now. Overall, PostFinance is actively working towards reducing its carbon footprint while addressing the significant emissions from its operations and supply chain.
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Add to project| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 987,000 | 000,000 | 000,000 |
| Scope 2 | 26,000 | 00,000 | 00,000 |
| Scope 3 | 3,471,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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 committed to some 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.
