Paf raises the bar on climate action
We are committed to reduce our climate impact in line with the Paris Agreement’s 1.5°C target. That is why we have set a science-based target, which is approved by the Science Based Target initiative (SBTi).
Our near-term targets state that we will reduce our scope 1 and scope 2 emissions by at least 46% by 2030, from a 2019 base year.
SBTi is a robust and scientific framework that provides climate targets and methodologies for companies around the world.
Kranmärkta (Eco-tap) offices
In autumn 2019 we chose to pursue Eco-tap labelling for our offices in Mariehamn and Stockholm.
This means that we no longer buy water that is served in plastic bottles. Instead, we only serve local tap water, directly from our own faucets. In autumn 2018, we also installed new water-saving nozzles for most of the faucets at the head office, which reduced our water consumption in 2019 by as much as 136 cubic metres of water.
We have identified how our environmental sustainability work contributes to the UN’s global sustainability goals, as well as to the local Åland development and the sustainability agenda’s strategic goals. This resulted in two different goals within the Åland sustainability agenda and three different global UN goals.
The Åland sustainability agenda
UN Global Development Goals
Climate-smart head office
During Paf’s 50th year of operation, its newly built head office was put into use. The starting point for the building and its design was to create a pleasant workplace and reduce Paf’s environmental footprint. Hence the head office is structured as a passive building, where renewable energy is used as far as possible.
Large parts of the slanted, bow-shaped exterior walls of the building are covered by a special sealing layer that reduce heating emissions, and 742 solar panels collect daylight in order to generate energy for use inside the building.
Inside the building there is motion detector-controlled LED lighting and water reducing nozzles, and on the parking lot 20 electric car chargers have been installed for the employees to use.
Big parts of the head office is built with glulam. This because it is;
- Renewable and domestic
- Strong and lightweight
- Clean and easy to work with
- Good for indoor environment
- Timber absorbs carbon dioxide
Annual climate audit
Paf’s annual climate audit is conducted by an external partner who calculates our carbon footprint according to the international standard GHG Protocol (the Greenhouse Gas Protocol). The audit helps us understand and identify how we can reduce our climate impact.
Paf’s climate impact in 2022 resulted in a total of 1 867 tons CO²e, an increase of 23.2% from 2021.
The reason for the increase is due to an increased number of business trips for our staff and increased use of our various gaming machines onboard, largely due to the easing of pandemic restrictions.
As in previous years, the largest climate impact is within Scope 3 (95.6%). Energy consumption in our offices (Scope 2) accounted for 3.4% and 1% was from our service vehicles (Scope 1).
Scope 1 / Direct emissions
Direct emissions of greenhouse gases from sources owned or controlled by Paf (e.g. service vehicles).
Scope 2 / Indirect emissions from purchased energy
Emissions from heating, cooling and production of electricity purchased by Paf.
Scope 3 / Indirect emissions from business activities
Indirect emissions caused by Paf’s activities such as business and customer travels, purchased technology, energy consumption from our physical games and cloud services.
We climate finance our impact on the environment based on the annual climate audit. We do this every year by supporting different established projects through our climate partner.
Read more about the climate projects we have been supporting over the last years bellow.
Bhadla Solar 2
Type of project: Solar energy
Certificate: Gold Standard
In 2022, we finance a portion of our climate impact by supporting the Bhadla Solar 2 solar energy project in India. The solar park is planned in the district of Rajasthan, close to the Pakistani border. The area is severely affected by pollution and high temperatures. Coal power still accounts for half of India’s energy consumption and the construction of solar parks improves air quality and generates labour. Bahdla Solar 2 together with other neighbouring power plants form one of the largest solar parks in the world.
Type of project: Rainforest restoration
Certificate: Gold Standard, FSC and UTZ
We also offset the Tropical Mix forestry project in Panama, Central America. The project plants new rainforest on land that has been deforested or abandoned and creates a home for 15 red-listed animal species. The project also generates 150 long-term jobs and has so far contributed to a CO2e reduction of almost 1.3 million tonnes.
Paf financed for 1,867 tonnes of CO₂e.
Type of project: Wind energy
Certificate: UN certified, Gold Standard and Verified Carbon Standard
During 2021 Paf supported the wind energy project Gujarat in India, to climate finance for our company’s climate impact. Wind energy is an optimal energy source due to it being renewable, which doesn’t exploit any resources. Wind energy is one significantly more clean power source than other alternatives, it doesn’t pollute its nearby environment. The electricity from the 111 generators provide an improved grid frequency and electricity availability for the region’s residents. This contributes to new possibilities for industries and economic activities within the area.
Paf climate financed 1,529 tonnes of CO2e.
Type of project: Wind energy
Certificate: Gold Standard VER
In 2020 we climate financed our company’s calculated climate impact by supporting the Barangay wind energy project in the Philippines. Fossil fuels account for more than 70% of the energy in the Philippines and Barangay is one of the first renewable energy projects in the country. The climate financing project expands wind energy in the Philippines and it also contributes to socio-economic benefits for the region’s residents.
Direct Air Capture
Type of project: Direct Air Capture
We also chose to climate finance an equal amount in a climate project that is underway in Iceland. The company Climeworks has developed a technology that sucks carbon dioxide out of the air and pushes it into the ground. The ground-breaking technology is called Direct Air Capture; it mixes the carbon dioxide with water in a geothermal plant as it is pumped deep into Iceland’s bedrock, where it is transformed into stone within a few years. It’s not an ordinary climate financing project, but we want to support their efforts and we will receive confirmation from the company when the carbon dioxide has been permanently removed from the atmosphere.
Paf climate financed 371 tonnes of CO2e.
Type of project: Solar energy
Certification: Gold Standard CDM
In 2019 we climate financed through supporting the Bhilwara solar project in India. The climate financing project expands the solar energy investment in India and it also contributes to socio-economic benefits for the region’s residents. The project is run by the Finnish energy company Fortum, which has taken a strong position on more sustainable energy production.
Paf climate financed 1,455 tonnes of CO₂e.
Type of project: Replanting and forest protection
Certificate: Gold Standard
We climate financed for our calculated climate impact in 2018 by supporting the Sodo & Humbo project in Ethiopia. The deforestation in Ethiopia has made the Ethiopian agricultural suffer from soil erosion, flooding and drought. The agriculture provides over 90% of the population with livelihood, so the deforestation is resulting in making the food security and income generation uncertain for one of the world’s poorest populations. Therefore the project’s aim is to reverse the deforestation trend in the country, which is being done by planting and protecting over one million trees.
Paf climate financed 1,897 tonnes of CO₂e.
Type of Project: Bioenergy
Certificate: CDM – Gold Standard
In 2017 we chose to financially support the Sri Balaji project, which is a biomass power plant in Andhra Pradesh in eastern India. The power plant uses renewable farm waste instead of coal, the most common source of power in the country. This saves approximately 29 000 tonnes CO2e each year. India’s current energy production is based almost entirely on fossil fuels, but by contributing fossil-free energy to the power network, the project helps mitigate local pollution.
Paf climate financed for 1761 tonnes of CO2e.