PostNord leads from the front on sustainable business

At the forefront of PostNord’s sustainability strategy is its commitment to reducing scope 1, 2, and 3 absolute emissions by 40%, between 2009 and 2020. To achieve this, the company has identified six priority areas in which to act: better utilising vehicle capacity; increasing fuel efficiency; investing in electric vehicles (one third of the organisation’s fleet is now electric); using more biofuels; increasing the use of trains and reducing air freight; and making its buildings more energy efficient.

Realising these aims requires investment, so PostNord has established a dedicated Environmental Fund, which employees can access to fund projects that are designed to help cut emissions. With over half of PostNord’s carbon emissions generated by subcontractors (i.e. scope 3), the postal operator has committed to working with them to ensure they too deliver their share of reductions.

Of the 100+ projects that have already been implemented, PostNord has already yielded a greater and more rapid return on investment than expected. Furthermore, the group’s target of a 25% increase in energy efficiency would lead to a reduction in its annual energy bill of US$2bn.

PostNord aspires to meet society’s expectations and its strategies and targets are moving the organisation closer towards that. Sustainability is a core part of the company’s overall business strategy and is centrally integrated into its detailed organisational plan.

PostNord’s 40% reduction target has been approved by the Steering Committee of the Science Based Targets initiative. The target is considered science based as it is in line with the decarbonisation required to keep global temperature increase below 2°C.