Swiss Post awarded SBTi quality label for climate target
Swiss Post significantly raised its ambitious climate targets a year ago – it set itself the goal of achieving net zero CO2 emissions by 2040. This target and the approach selected by Swiss Post has now been assessed and validated by the Science Based Targets initiative (SBTi) – a major milestone for the implementation of various activities. The top priority is the complete avoidance of CO2 emissions as far as possible. The foundations have been laid over recent months – with major investment and realignments. Swiss Post is also investing heavily in renewable energy. It aims to actively remove the approximately 10 percent of CO2 emissions that cannot be avoided using technology by 2040 from the atmosphere and store them long-term using a range of measures. The current focus is on two methods, in particular.
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Climate protection is one of the four pillars of the “Swiss Post of tomorrow” strategy.
An enterprise affiliated with the Confederation, Swiss Post has set itself the goal of leading by example and playing a pioneering role in climate protection. To do so, it raised its climate targets significantly a year ago. Swiss Post aims to be carbon neutral in its in-house operations from 2030, and achieve net zero throughout its entire value chain, i.e. in all of its activities in upstream and downstream processes, for example with suppliers and subcontractors, from 2040. Swiss Post’s climate target is in line with the highest ambition of the Science Based Targets initiative (SBTi) and the United Nations’ climate target of limiting global warming to a maximum of 1.5°C. The SBTi has now validated Swiss Post’s climate target and published confirmation on its website today. This international entity, under the umbrella of the United Nations, the WWF and other global organizations, evaluates the CO2 reduction targets of companies and assesses whether they are compatible with scientific scenarios to combat climate change. Of the 2,600 companies worldwide certified by the SBTi up until now, only six Swiss companies have obtained net-zero validation. Swiss Post is one of the largest companies in Switzerland to have been successfully approved by SBTi.
Climate protection is one of the four pillars of the “Swiss Post of tomorrow” strategy.
Assuming corporate responsibility and achieving the climate target is firmly embedded in the current “Swiss Post of tomorrow” strategy, alongside growth, efficiency and reasonable prices. Swiss Post is stepping up its commitment in all of these four equally important pillars. ”Swiss Post is once again leading the way with our climate target and related action plans. It’s what our customers and society expect of us. We will cut most of our CO2 emissions by 2040. This is our priority. But that alone is not enough,” explains CEO Roberto Cirillo on Swiss Post’s sustainability plans now validated by the SBTi.