Potential offtaker

Austrian Post

www.post.at

Estimated electricity consumption

N/A

Countries of production presence

N/A

Austrian Post is a leading postal service provider in Austria, operating in the Mail Services sector. The company was founded in 1999 and is headquartered in Vienna, Austria. Austrian Post is a publicly traded company, listed on the Vienna Stock Exchange under the ticker symbol POST.

The company operates a comprehensive range of postal and logistics services, including letter mail, parcel delivery, direct mail, and e-commerce solutions. Austrian Post also provides financial services, such as banking and insurance products, through its subsidiary, Bank Austria.

Austrian Post is committed to decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions by 30% by 2030 and to achieve carbon neutrality by 2050. To achieve these targets, Austrian Post is implementing a range of measures, including energy efficiency improvements, the use of renewable energy, and the adoption of low-emission vehicles.

One of the key initiatives that Austrian Post has undertaken to reduce its carbon footprint is the implementation of a corporate energy strategy. The company has set up an energy management system that monitors and optimises energy consumption across its operations. This system has enabled Austrian Post to identify and implement energy efficiency measures, such as the installation of LED lighting and the optimisation of heating and cooling systems.

Austrian Post is also investing in renewable energy to reduce its reliance on fossil fuels. The company has installed solar panels on the roofs of its sorting centres and logistics facilities, which generate clean energy and reduce the company's carbon footprint. Austrian Post has also signed a corporate power purchase agreement (PPA) with a wind farm developer, which enables the company to purchase renewable energy directly from the developer at a fixed price.

The corporate PPA is a key part of Austrian Post's renewable energy strategy, as it enables the company to reduce its carbon footprint while also providing cost savings. By purchasing renewable energy directly from the developer, Austrian Post can lock in a fixed price for the energy, which protects the company from price volatility in the energy market.

In addition to its energy and decarbonisation initiatives, Austrian Post is also committed to sustainability across its operations. The company has implemented a range of measures to reduce waste and increase recycling, such as the use of reusable packaging and the recycling of paper and cardboard.

Austrian Post is also committed to social responsibility and has implemented a range of initiatives to support its employees and the communities in which it operates. The company provides training and development opportunities for its employees, as well as supporting local community projects and charities.

In summary, Austrian Post is a leading postal service provider in Austria, operating in the Mail Services sector. The company is committed to decarbonisation and reducing its carbon footprint, and has set ambitious targets to achieve carbon neutrality by 2050. Austrian Post is implementing a range of measures to achieve these targets, including energy efficiency improvements, the use of renewable energy, and the adoption of low-emission vehicles. The company is also committed to sustainability and social responsibility across its operations.

✓ Science Based Targets member
✓ Declared Net Zero commitment