Tagg: #Sustainability
Paf has generated one gigawatt-hour of solar energy
Paf’s own solar panels, which are installed at the headquarters in Mariehamn, have reached a milestone. So far, 1,000 MWh of clean solar energy has been produced. At the same time, Paf chooses to support a solar energy project in India to offset its environmental impact in 2022. Paf’s head office o...
Published: 26 maj 2023
The association that protects the archipelago
For the first time, Åland has a management system for invasive alien species. In a new agreement with the Government of Åland, Archipelago Pares r.f. is tasked with combating raccoon dogs and American minks in the archipelago. The agreement covers the large nature reserves in the outer archipelago o...
Published: 21 juni 2023
Paf gets scientific climate targets approved by SBTi
Paf is raising the bar on climate action and is committed to reducing its climate impact in line with the Paris Agreement’s 1.5°C target. Paf has submitted a Science Based Target (SBT), which has now been approved by the Science Based Target initiative (SBTi). “We have committed to reduce our green...
Published: 07 juli 2023
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The grit:lab tech education will continue
Paf’s headquarters will be filled with new students as the tech education grit:lab continues. The application tests will start this winter and admission weeks will be organised in spring 2024. Two years ago, the idea for an innovative tech education named grit:lab was presented, a few months later ...
Published: 04 september 2023
The Paf Employee 100k Good Cause Initiative
Paf gave all employees the opportunity to donate €100,000, which was distributed among various good causes and initiatives. The employees’ nominations and their final vote determined the choice of causes. Paf’s purpose is to generate funds for the benefit of society, the annual profits are distribu...
Published: 15 december 2023
Paf commits to reach Net-Zero by 2040
Paf’s climate goal is to reach Net-Zero emissions for the entire business by 2040. The target has now been validated by the Science Based Targets initiative (SBTi) and it is in line with the Paris Agreement’s goal of limiting global warming to 1.5 °C. Reaching Net-Zero means that Paf is actively wo...
Published: 29 februari 2024
Focus on young people as loss limit is lowered
Paf has decided to further reduce the loss limit for young people. Mandatory loss limits put a stop to excessive gambling. Young people should be prioritised in responsible gaming measures. Mandatory loss limits stop players from losing more money. Paf has decided to lower the loss limit for everyo...
Published: 07 maj 2024
Paf steps up environmental efforts with new extensive carbon accounting
For the first time, Paf has conducted an extensive analysis of its climate impact, with over 95% of carbon emissions included in the reporting. A comprehensive calculation is a critical first step towards achieving Net-Zero by 2040. “With the new measurements, we will have a deeper understanding of...
Published: 17 maj 2024
A good year and a step towards more sustainable entertainment
A good year means a good sum of Paf funds for society. Paf’s published customer segments show more sustainable revenue in the past year. The Paf board gets a new member. The Paf Group’s revenue for 2023 increased from €165.7 million to €177.1 million, an increase of 7%. The growth in revenue result...
Published: 23 maj 2024
1535 days working in another country
Each year, Paf offers employees the opportunity to work abroad. This opportunity has been well received by employees and interest in working abroad has increased. For Camilo Macias, this has meant more opportunities to visit his home country of Colombia. In autumn 2021, Paf introduced the possibili...
Published: 11 juni 2024
Paf invests in sustainability, alongside several other large companies
The network bärkraft.ax coordinates the delivery of Åland’s development and sustainability agenda. Last year a coaching role was created in order to strengthen the work with implementing the agenda. The coach guides and supports organisations, companies, regions, associations and authorities who wa...
Published: 31 januari 2019
Paf’s yearly loss limit stops the big players
Paf has openly published its players’ annual wins and losses, a unique initiative in the gaming industry. Paf will go further too – by removing all big players and stopping direct marketing to risk players. Paf has become a pioneer in the gaming industry through its openness. Paf now openly publish...
Published: 15 mars 2019
Sweden’s most important gaming seminar to be held on Åland
The Swedish gaming industry’s national organization Sper is arranging a seminar in collaboration with Paf. This autumn Spelakademin will be held on Wednesday 11 September in Mariehamn on Åland. Spelakademin is Sweden’s most widely recognized annual seminar for the gaming industry – with a strong foc...
Published: 26 juni 2019
The gaming industry gather on Åland
The gaming industry came to Mariehamn for Spelakademin (The Gambling Academy) on Wednesday 11 September. Spelakademin is Sweden’s most established industry forum that was first held in 1992. This year’s Spelakademin was organised by the gaming industry’s national organisation Sper (The Swedish Gambl...
Published: 13 september 2019
Paf reduces its yearly loss limit
Paf has cut its yearly loss limit by €5,000. Last year Paf became the first international gaming company in the world to introduce a maximum limit for the amount a customer can lose in a year. This loss limit taken in combination with other improved measures in responsible gaming has significantly r...
Published: 03 oktober 2019
Paf wins international award for the best responsible gaming program
Paf has won the prestigious Corporate Responsibility Program of the Year Award. The award was presented at the Global Gaming Awards, organized by the industry magazine Gambling Insider in London. The awards ceremony was organized in conjunction with the well-known international gaming event ICE. ...
Published: 11 februari 2020
A mandatory loss limit is a step in the right direction
Researcher Ekaterina Ivanova has been researching gaming responsibility for the past four years at Stockholm University in a research project funded by Paf. The research has focused on gambling, gaming limits, gaming behaviour, attitudes towards gaming tools and the likelihood of predicting gamblin...
Published: 17 februari 2020
Paf is a finalist in two categories at the Swedish Gambling Awards
Paf has been nominated for two awards at the Swedish Gambling Awards. Out of 40 applicants, 11 went on to be finalists in the three categories of sustainability, customer satisfaction and leadership. Paf has been nominated in the sustainability category for its reduced mandatory loss limit combined ...
Published: 11 mars 2020
Reduced climate impact, Switzerland and 21 million euros
Last year was a good year for Paf, our overall sales increased and our results improved. We also managed to reduce our climate impact, we joined the Swiss gaming market and a total of 21 million euros was distributed for the benefit of society. These are some of the main achievements that headline t...
Published: 13 maj 2020
Paf named Sweden’s most sustainable gaming company
Paf has been named Sweden’s most responsible gaming company. Paf won the prize in the Sustainability category at the Swedish Gambling Awards. Paf Deputy CEO Daniela Johansson was also the winner in the Leadership category. From 40 submissions 11 finalists were selected in three award categories at ...
Published: 11 juni 2020
Paf lowers its loss limit even further
Paf is lowering its annual loss limit by another 5,000 euros. The lowering of the loss limit strengthens Paf’s commitment to responsible gaming and secures Paf’s position among the most responsible gaming companies. The Red Cross is supporting Paf’s decision to lower its loss limit. When Paf first ...
Published: 23 september 2020
Paf believes €8,000 per year is the benchmark for loss limits in Europe
CEO Christer Fahlstedt talks openly about refusing to take “blood money” revenue from at-risk players despite it doing obvious damage to the company’s bottom line. “We think you’re unlikely to be allowed to lose more than €8,000 per year. That’s what we see as the benchmark,” he says. One of Paf’s ...
Published: 01 april 2021
Paf’s results, open customer segments and lowered loss limit
2020 was an extreme year in so many ways. Large sections of Paf’s operations were shut down during some periods of the year or they operated with severe restrictions. Paf implemented a lower loss limit at the beginning of the year that also affected the result. Despite the financially strained situa...
Published: 28 maj 2021
Remote working is part of the future at Paf
Paf has implemented guidelines that give employees more opportunities to continue working remotely, even after the pandemic’s restrictions are removed. Employees also have the opportunity to work abroad for up to three months each year. A sustainable workplace is one of the three sustainability are...
Published: 16 september 2021
Paf improves climate reporting
For several years, Paf has carried out annual climate reports to gain a better insight into how the business affects the environment. With the help of the climate report, we can more easily identify improvements and strive to reduce our impact on the environment. Paf has now chosen to expand the rep...
Published: 04 november 2021
Ban gambling advertising and raise the taxes
Paf presented its own proposal for a gaming policy program in Sweden. Raising the gambling tax, banning large parts of the gambling advertising and stopping the exposure of gambling adverts in connection with sports are some of the points in the program. Paf participated in the annual event Almedal...
Published: 08 juli 2022
Paf’s headquarter became a tech campus
The tech education named grit:lab has started. 70 students will for two years study the latest in tech. The campus is located inside Paf’s headquarters on Åland. The grit:lab tech education has now started for real, for the 70 students who have been admitted. For the kickoff, all students gathered ...
Published: 01 september 2022
Paf introduces lowered loss limit for young people
Paf has implemented a lower mandatory loss limit for young people. The reduction is implemented to strengthen the responsible gaming measures for all young people who play at Paf. Paf is the only international gaming company that has introduced an annual mandatory loss limit that applies to all onl...
Published: 03 oktober 2022
Paf won two awards at the EGR Nordics Awards
Paf was awarded the Safer Gambling Operator award and the award for the best Diversity & Inclusion model at the EGR Nordics Awards 2023. The EGR Nordics Awards celebrates the most successful and innovative gaming companies operating in the Nordic region. Paf was shortlisted in two categories at the...
Published: 27 februari 2023
Significant investment in responsible gaming
Paf has once again chosen to lower the mandatory loss limit. At the same time, Paf is introducing a new loss limit for young people aged 18–19. The measures are estimated to cost about 7 million euros annually. Paf is lowering the annual mandatory loss limit from 20,000 euros to 17,500 euros, which...
Published: 13 april 2023