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PostFinance

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PostFinance is a diversified, innovation-driven financial services provider offering its 2.4 million customers modern solutions for all their financial needs. As a driver of innovation, it helps people and businesses in Switzerland to master the challenges of the digital world. PostFinance is one of Switzerland's leading financial institutions and a partner for anyone who wants to manage their money easily and independently. PostFinance is committed to sustainable business practices.

Energy and climate

PostFinance aims to be completely climate neutral internally by 2030 and to achieve net zero across all activities by 2040. This requires the bank to reduce both its own direct emissions and indirect emissions. PostFinance is reducing its CO2 emissions by, among other things, powering its data centres entirely with electricity from renewable sources. In terms of indirect emissions, financed emissions play a particularly important role due to the bank's activities on the global capital market.

Targets

Under the EEC initiative, PostFinance has pledged to meet the following targets:

1. Increasing energy efficiency

Benchmark: 2021

  • Target for 2026: +30%
  • Target for 2030: +40%

2. Switching to renewable energies

Thermal energy and fuels

  • Target for 2026: 65% renewables
  • Target for 2030: 85% renewables

Electricity

All PostFinance’s electricity already comes from renewable sources.

3. Producing green power

Photovoltaics

  • Production in 2021: 8.8GWh
  • Target for 2030: 26MWp

This data applies to the entire Swiss Post Group.

Measures

Like all the participants, PostFinance has undertaken to implement the joint measures. In addition, PostFinance is also implementing the following individual measures:

1. Netto-Null ab 2040
Group target for 2030: Swiss Post’s in-house operations to be climate-neutral (emissions to be reduced by 42 per cent compared with 2021, the remaining emissions to be offset)

Further information

Up-to-date information on the implementation status of this participant’s targets and measures is published in our Energy and Climate Report. PostFinance also provides information on its own website about its commitments in the area of energy and climate.