PostFinance wants to systematically reduce its own carbon footprint and contribute to curbing global warming. The CO2 calculator helps you work out approximately how much CO2 you emit with your personal consumption.
As a bank, we are aware of our responsibility, which is why we are committed to protecting the environment. To this end, we set ourselves ambitious reduction targets and, working with Swiss Post Group, are aiming to achieve climate neutrality together.
The calculator is based on the expenses paid via your PostFinance Card, credit card, TWINT or transfers. These are supplemented with emission factors and displayed in different categories.
Customers have the option to reassign transactions to other categories. It is also possible to improve the precision of the CO2 calculation through individual settings (e.g. “I do not own a car”).
Your data will not be shared with third parties, and all bank confidentiality and data protection provisions are complied with.
The CO2 calculator is available to PostFinance private customers in e-finance and the PostFinance App and can be found in the “Analyses” section.
As a bank, we are aware of our responsibility, which is why we are committed to protecting the environment. To this end, we set ourselves ambitious reduction targets, and, working with Swiss Post Group, are aiming to achieve climate neutrality together.
We are embarking on this journey alongside our customers because, when it comes to mitigating climate change, every contribution counts. The greatest potential on an individual level lies in changing our consumer behaviour, which is responsible for over 60 percent of individual CO2 emissions.
All PostFinance private customers who have e-finance or the PostFinance App. The CO2 calculator can be found in the “Analyses” section.
As default options, data for the last 1, 2, 3, 6 or 12 months is available. Users can also select a custom date range within the past 24 months.
PostFinance will not share your data with third parties and complies with all data protection and bank confidentiality provisions.
The amount for each transaction is multiplied by a CO2 value for each industry.
This value is determined by environmental experts and based on the Swiss average. PostFinance does not have access to the contents of the basket; the calculation is therefore an estimation that may differ from the real value in certain cases. Customers can use the optional settings (e.g “I seldom/never eat meat”) to increase the accuracy of the CO2 value.
Each expense or transaction is assigned a default category. In some cases, transactions cannot be clearly categorized and may therefore be inaccurate.
One example is the expenses for a bicycle: they could either be placed in the Sport/Leisure category or the Mobility category (if used to commute).
Customers have the option to reassign transactions to another category.
Transactions can be recategorized via the transaction details in e-finance and the app. Depending on the category, this may have a positive or negative impact on the CO2 value.
This is not possible at this time.
Users of the CO2 calculator can select accounts to be included in the calculation. If a partner account shared by several account holders is chosen for the calculation, there is the risk of the CO2 value being counted multiple times.
Refunds for past purchases appear as a negative CO2 value for the carbon footprint calculation. The time of the refund is applied. However, negative emissions are not included.
In the Paris Agreement, Switzerland committed to reducing greenhouse gas emissions by at least 50 percent compared to 1990 levels by 2030. This would be a reduction of 250 kg of CO2 emissions per capita and per month. Parliament agreed to these The link will open in a new window reduction targets when it ratified the Paris Agreement in June 2017.
First and foremost, we want to help interested customers learn more about the issue of sustainability. To do so, we offer guidance on the impact of personal consumer behaviour on the attainment of the climate targets.
We are continuously developing and improving the CO2 calculator thanks to customer feedback and new insights.
