1 Basis of preparation

1.1 Reporting principles

Long-term value creation requires companies to steer both on the financial and non-financial aspects of business. Certain non-financial aspects contribute directly or indirectly to financial performance, and often have a greater impact over the medium to long term. At PostNL, we believe that an integrated approach towards performance management is key to ensuring the company creates stakeholder value in the long run.

EU directive on non-financial information and diversity

As a large listed company in the Netherlands, PostNL has to comply with the EU directive on non-financial and diversity information (2014/95/EU). PostNL is required to report about non-financial information in relation to environmental, social and personnel matters, in respect of human rights and combatting bribery and corruption. The mandatory disclosures include:

  • Policies and results thereof

  • Main risks and how these are managed

  • Performance indicators, to the extent that these elements exist within PostNL.

As of 2024, this directive will be replaced by a new, more comprehensive version, the Corporate Sustainability Reporting Directive (CSRD). Although the draft European Sustainability Reporting Standards (ESRSs) setting out the detailed disclosure requirements under the CSRD is not yet finalised, PostNL began preparing for the implementation in 2022. We have conducted our 2022 materiality assessment based on the principles of the CSRD, including the concept of double materiality. In 2023, we continue with a gap analysis and preparing our internal reporting towards CSRD compliance.

Integrated Reporting as guidance

The Integrated Reporting framework of the International Integrated Reporting Council (IIRC) provides guidance on how companies should communicate about value creation. PostNL used the guiding principles and main content elements of the framework as a basis for this Annual Report. PostNL aims to further develop its corporate reporting communication about long-term value creation.

Sustainability Reporting Standards referenced

PostNL has reported the non-financial information included in this GRI content index for the period 1 January 2022 to 31 December 2022 with reference to the Global Reporting Initiative (GRI) sustainability standards. The GRI standards provide relevant and clear requirements for sustainability reporting on economic, social and environmental aspects, while allowing for company-specific aspects to be reported. PostNL decided to report with reference to the Sustainability Reporting Standards due to the preparations it is making towards reporting based on the CSRD per 2024. By reporting with reference to the renewed standards the reporting scope of PostNL is similar to previous years.

In addition to the GRI requirements, we reference to supplemental reporting criteria specific to PostNL for reporting elements which are not covered by GRI. This includes specific reporting definitions as presented in the Appendix 'Glossary and definitions'download.

Aligning with Taskforce on Climate related Financial Disclosures (TCFD)

PostNL recognises that climate change events can have an impact on our company and business. For many years, PostNL has included the reduction of GHG emissions in its strategy. Since 2018, we externally disclose the alignment of our climate action approach to TCFD. We addressed all four TCFD reporting recommendation elements throughout this report on a relatively high level. PostNL published a TCFD report 2022 in which it discloses the relevant aspects of the TCFD recommendations in the context of its operations and value chain in more detail. The report can be found here.

Download spreadsheet

PostNL TCFD reporting recommendation

TCFD reporting recommendation

TCFD element

Link to disclosures

  • Governance

  • Board oversight

  • Role of management

  • Strategy

  • Risks and opportunities

  • Impact of risks and opportunities

  • Resilience of the organisation

  • Risk Management

  • Processes for identifying and assessing risks

  • Processes for managing risks

  • Integration into overall risk management

  • Targets

  • Metrics used to assess

  • GHG Emissions

  • Targets

Greenhouse Gas Protocol

PostNL uses the reporting criteria as defined by the Greenhouse Gas Protocol to report its greenhouse gas (GHG) emissions. The production of direct and indirect CO2 emissions represents the main GHG of PostNL. We also take other GHG emissions into account, such as CH4 and N2O, and report our climate change impact in CO2 equivalents.

Commitment to UN Global Compact

As a UN Global Compact signatory since 2012, PostNL reports its progress of implementing the ten UN Global Compact principles annually through an online submission. These are related to human rights, labour, environment and anti-corruption. The Appendix 'UN Global Compact reference table'download provides an overview of the ten principles, and references to the descriptions of progress on those principles, in this Annual Report.

OECD guidelines

In relation to our international activities, we endorse the guidelines for multinational enterprises on responsible business conduct published by the Organisation for Economic Co-operation and Development (OECD). These non-binding guidelines provide recommendations in a global context consistent with internationally recognised standards and laws.

Contributing to the SDGs

The Sustainable Development Goals are a call to action by the United Nations (UN) to make progress on 17 global challenges in relation to peace and prosperity for people and planet. While the goals are agreed at government level, the call to action also applies to businesses. The SDGs are interrelated and relevant for PostNL, as we have an impact on all 17, both through our own operations and/or indirectly through our value chain. We take action on all SDGs, and apply a focused approach at group level. This helps us improve the contribution on those SDGs closest to the business activities of our company.

Based on SDG impact analysis and dialogue with our stakeholders, we identified and focus on four main SDGs. We connected our contribution to these SDGs with the long-term value creation process as described in our value creation modeldownload. The most direct impact of our business operations related to SDG8 and SDG13. On SDG9 and SDG12 we look beyond our own operations and proactively engage with partners in our value chain to make progress.

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We distinguish our impact between doing good (improving our positive impact) and avoiding harm (mitigating negative impact). For each SDG, we mapped the relevant PostNL topics to the related SDG sub goals to provide insight into where our contribution to the SDGs is to do good and where to avoid harm. The SDGs and sub goals (or sub targets as defined by the UN) are described qualitatively. We link the SDGs to our strategy through our key material topics and other relevant topics from our Materiality matrixdownload. We defined performance indicators on all our key material topics.

SDG 8: Decent work and economic growth

PostNL goal

Provide decent work conditions for our people, contribute to e-commerce growth, grow profitably and maintain an accessible, reliable and affordable postal service.

Our approach

We provide direct and indirect employment to more than 50,000 people. The health, safety and well-being of people working with and for us is our first priority (SDG 8.8). Our efforts in safeguarding road safety contributes to good health and well-being (SDG3.6).

Safety also includes mental safety, which is why we focus on diversity and inclusion in our human resources policy. This is linked to reducing inequalities (SDG 10.2). We want to be a good employer with favourable working practices. This also includes fair compensation (SDG 8.5), helping our people to develop themselves (contributing to quality education (SDG 4.3 and 4.5)) and gender equality (SDG 5.5).

Our strategy is based on continuous growth. As a logistics and postal service provider, we contribute to the economic growth in both the regions and value chains we operate in (SDG 8.1). Alongside this growth, we want to remain relevant by becoming more effective across our business and accelerate digitalisation to support this. We also want to transform through innovation (linked to SDG 9.5) towards greater integration in the ecosystems we are part of (SDG 8.2).

SDG 9: Industry, innovation and infrastructure

PostNL goal

We need to provide accessible, reliable postal services in the Netherlands as the dedicated postal operator. At the same time, we are continually developing our parcels network to capture growth effectively. We want to maintain and strengthen our state-of-the-art networks, which requires innovation and collaboration with business partners to develop the right infrastructure.

Our approach

We continue to invest in our network infrastructure, digitalisation and sustainability to further improve our core logistics (SDG 9.4). At the same time, we drive innovation through digitalisation to become a logistics market player more integrated with the ecosystems we are part of. Collaboration with our value chain partners on innovation is crucial for our long-term success (SDG 9.5). Improving our services and processes through re-designs based on customer journeys is one example. Developing new ways of working based on technology is another, which can be seen in our small parcel sorting centre. This sorting centre is using technology through robotisation to develop new processes that benefit PostNL and our customers. We are dependent on technological developments and other business partners to design and implement new ways of working, such as the transition to an electric fleet. For example, using solar panels as an energy source for our sorting centres is one area in which innovation and infrastructure helps us make a positive impact on affordable and clean energy (linked to SDG 7.2). And our sustainable city logistics programme is helping us lower emissions while minimising traffic nuisance to improve accessibility in cities (linked to SDG 11.2).

SDG 12: Responsible production and consumption

PostNL goal

We want to reduce our ecological footprint by changing the way goods and resources are produced and consumed in collaboration with others within our value chain.

Our approach

We engage with partners in our value chain to promote more sustainable alternatives, such as smaller, more sustainable packaging. This includes a more efficient use of natural resources, and minimising pollution/waste to air, land and water, which relates to environmental aspects (linked to SDG 11.6) and health and well-being of people (linked to SDG 3.9). At the same time, we are becoming ever-more transparent about our direct and indirect environmental impact, and take actions to make our procurement practices compliant with legal requirements and our own policy. Waste management forms part of our certified environmental management system and is bound to (local) regulations. As well as reducing or treating our own waste in the best ways possible, we also engage with suppliers and customers about the topic, such as in relation to sustainable packaging. Our purchasing department aims to add two purchased goods per year that are made of circular resources. And in a bid to move closer to a circular economy, we are working with a number of e-tailersto collect and recycle e-waste.

SDG 13: Climate action

PostNL Goal

Improve our impact on climate change by implementing measures to reduce our GHG emissions across all of our operations.

Our approach

We designed our emission-reduction targets to contribute to limiting global warming in line with the Paris Agreement on climate change. These targets are set to reduce direct and indirect GHG emissions from our own operations and outsourced activities (SDG13.2). Beyond our own climate action, we want to stimulate our logistics partners to decarbonise their activities for us by raising awareness and promoting active engagement. We have established long-term Science-Based Targets (SBT), approved by the SBT Initiative, to reduce our environmental footprint and drive sustainable growth of the business. Climate change impact goes beyond sustainable logistics at PostNL. With our targets and experience, we play an active role in engagement with our value chain partners on both climate change mitigation and adaptation through dialogues and partnerships on different levels (SDG 17.6).

1.2 Reporting criteria

Explanation of reporting criteria used

The GRI standards provided a structured approach to prepare the non-financial information in this report. This includes universal disclosures and topic-specific disclosures. The universal disclosures consist of three key elements:

  1. Foundation: Defining report content & quality, requirements for preparing a report in line with reference to GRI

  2. General disclosures: Contextual information about PostNL, its strategy, stakeholder engagement, governance and reporting practices

  3. Management approach: Information on how PostNL manages its key material topics.

PostNL uses the topic-specific disclosures to describe the company’s impact related to each key material topic, expressed in key performance indicators. The GRI Content Index table in the Appendix 'GRI Content index'download provides references to sections with specific information in relation to the GRI requirements in this report.

In addition, PostNL has also taken into account two important elements in relation to value creation as described by the IIRC:

  • Strategic focus/future orientation: Information about the strategy and ability to create short-, medium-, and long-term value and the ability to the use of and effect on the relevant capitals;

  • Connectivity: Show a holistic picture of the combination, interrelatedness and dependencies between the factors that affect the organisation’s ability to create value over time.

Stakeholder engagement

As a listed company with a long and proud history in the Netherlands, we have an intricate stakeholder landscape. We engage with our stakeholders in different ways, on different levels and on different topics to better understand their interests and the way our activities affect their decision-making process. This helps us understand which topics are most material, and are of greatest significance to stakeholders. Understanding the expectations of stakeholders helps PostNL to allocate resources effectively on relevant topics while focusing on adding short-, medium-, and long-term value. In addition to our day-to-day contact with stakeholders, PostNL also engages through regular and topic-specific stakeholder dialogue. The following table details the topics of interest and the means of engagement with each stakeholder group.

Download spreadsheet

PostNL Stakeholder engagement

Stakeholder clusters

Stakeholder groups

Most relevant topics

Our engagement

Financial market

  1. Investors

  2. Capital providers

  3. Financial rating agencies

  4. Financial interest groups

  5. Sustainability benchmark agencies

  • Financial performance and position (a, b, c, d)

  • Return on capital investments

  • Short- and long-term value creation

  • ESG (a, b, d, e)

  • Meetings and conference calls with analysts and shareholders

  • Quarterly results and presentations


  1. Business customers

  2. Consumers

  3. Internal customers (intercompany)

  • Quality of services

  • Use of retail locations

  • Network capacity (a, c)

  • Accessible and reliable postal services

  • Convenient sending and receiving options

  • Sustainable delivery options

  • Daily contact about services

  • Bi-annual customer satisfaction survey

  • Customer events and knowledge sessions

  • Annual stakeholder dialogue

Our people

  1. Employees

  2. Trade unions

  3. Works councils

  • Safe and healthy work environment

  • Favourable working conditions

  • Development opportunities

  • Sustainable employability

  • Daily contact about day-to-day work

  • Regular team meetings and roundtable discussions

  • Regular contact with trade unions and works councils

  • Bi-annual employee engagement surveys

  • Annual satisfaction survey of delivery partners at Parcels

  • Annual stakeholder dialogue

Government bodies

  1. Policy makers (international, national and local)

  2. Regulators

  3. Politics

  • Regulatory environment (a,c)

  • Compliance with laws and regulations (b)

  • Market developments (a,c)

  • Roundtables and meetings with (local) governments

  • Meetings and formal communication with regulators

  • Annual stakeholder dialogue

Business partners

  1. Operational contract parties (e.g. delivery partners and employment agencies)

  2. Suppliers

  3. Retailers

  4. International postal companies

  5. Pension fund PostNL

  6. Branch organisations

  • Collaboration and tariffs (a, b, c, d, e)

  • Labour market and working conditions (a)

  • Procurement practices (b)

  • Business ethics(a -f)

  • Sector initiatives (f)

  • Ad hoc collaboration through projects

  • Tender processes

  • Periodic contract negotiations and supplier evaluations

  • Ad hoc engagement on ethical topics

  • Annual stakeholder dialogue

  • Stakeholder events (e.g. Green Postal day and IPC Drivers Challenge)


  1. Traditional media

  2. Social media

  • Business events

  • Opinions about PostNL

  • Periodic and ad hoc press releases

  • Interviews

  • Ad hoc engagement on social media

Opinion leaders and society

  1. NGOs

  2. Local communities and their representatives

  3. Academic and research institutions

  • Environmental issues (a, b, c)

  • Social and societal issues (a, b, c)

  • Specific topics (e.g. Diversity, data and analytics) (c)

  • Market trends (c)

  • Ad hoc communication about events

  • Collaboration on research projects

  • Annual discussion at shareholders' meeting with NGO representatives

  • Annual stakeholder dialogue

Other market players

  1. Traditional market players

  2. New market players

  • Access to networks

  • Policy influence

  • Market developments and events

  • Periodic branch and sector events

  • Planned and ad hoc engagement on access to networks

Materiality assessment

PostNL interacts with its stakeholders on a wide variety of relevant but different topics. We use a materiality assessment to identify the most relevant topics that impact PostNL or on which PostNL impacts society and its stakeholders. For the assessment in 2022, we expanded our methodology to incorporate more outside-in views of stakeholders in the process. We used different methods to obtain these views, including interviews.

Selecting the key material topics that drive our long-term value creation is required to bring focus to the Annual Report. This materiality concept is similar to financial reporting and is applied by evaluating the extent to which a topic impacts PostNL's business or through which PostNL impacts its environment, including stakeholders.

PostNL updated its approach towards the materiality assessment to respond to the evolved requirements of GRI and as a first step in preparation for the implementation of the Corporate Sustainability Reporting Directive (CSRD), which becomes applicable for PostNL as of 2024. Key changes in the approach include:

  • More focus on obtaining the views of external stakeholders

  • Applying an ESG lens (including customer) on defining material topics (excluding operational and financial topics)

  • Applying the so called "double materiality" principle, which adds the evaluation of outside-in (financial impact) of topics on PostNL in addition to the traditional inside-out impact PostNL has been reporting for years and which is required by GRI

  • Evaluating potential material topics in addition to actual material topics

  • Explicit identification of positive and negative impacts, including within PostNL's operations and its value chain.

For the objectivity of the assessment, PostNL gained the support of a professional external consultant to conduct the materiality assessment.

Identification of topics

Through the materiality assessment, PostNL selected, to the best of its knowledge, all relevant topics to include in this report. For each topic included in the non-financial disclosures, PostNL identified the topic boundaries where PostNL’s impacts occur in the value chain and how PostNL is involved in these impacts. An overview of these boundaries is provides in chapter "Our operating contextdownload"

The following sources and activities were used to prepare a longlist of topics as a first step in the assessment, and a shortlist of topics to be assessed on impact:

  • Desktop research, including:

    • Peer review

    • Market trends

    • Topics evaluated in prior years, through our Annual Reports

    • Interests of benchmarks and guidelines (such as DJSI, CDP, GRI)

    • Media search

  • Comparison of topics with draft European Sustainability Reporting Standards (ESRS) which will likely be approved as implementation requirements of the CSRD

  • Interviews with (senior) management representing certain stakeholder groups

  • Assessment of input collected

  • Validation of outcomes with project team.

Impact assessment and prioritisation of material topics

Based on the shortlist of topics from different inputs, an assessment was made to identify impact and prioritise topics based on the significance of impact. The following process steps were followed:

  1. Additional desktop research on several stakeholder groups to assess topic relevance

  2. External interviews with stakeholders to assess topic relevance, as well as outside-in and inside-out impact

  3. Employee workshop to assess topic relevance as well as outside-in and inside-out impact

  4. Internal workshop to assess inside-out impacts

  5. Internal workshop to assess outside-in impacts.

Validation and approval of list of key material topics

The final step in the process was the validation of the outcomes of the assessment and approval process of the final list of key material topics. In this step the following activities were conducted:

  1. Validation workshop with (senior) management members representing certain stakeholder groups

  2. External stakeholder panel

  3. Critical review by project team on potential biases in the process related to topics names, descriptions and scores

  4. Validation of the proposed list of key material topics in the Executive Committee, which includes approval of PostNL's Board of Management.

List of topics and relation to value creation

PostNL mapped its material topics to the four different domains of value creation. A summary of the stakeholder engagement and materiality assessment can be found in the 'Our operating context'download chapter. This includes the list of topics clustered by the different domains of value creation and a brief description of the topics.

These topics are the starting point of our value creation model, which can be found in the 'How we create value'download chapter.

In the chapter 'Our operating contextdownload", the list of key material topics is disclosed as outcome of the materiality assessment carried out at the end of 2022. The list represents topics relevant for further follow up during and for the reporting over 2023. For the disclosures on our strategy execution and performance evaluation 2022 in the Business Report, the key material topics identified in the Annual Report 2021 were applicable. An overview of these topics can be found per domain of value creation in the chapter 'Our strategydownload'.

1.3 Safeguarding report quality

Quality principles

PostNL applied high quality standards when preparing the non-financial information in this Annual Report. This means that the company ensures that the information this report provides is:

  • Accurate: Precise and with sufficient level of detail

  • Balanced: Reflects both positive and negative aspects of performance

  • Clear: Understandable and accessible for stakeholders

  • Comparable: Consistent and allows for comparability over time

  • Complete: Sufficient to assess impacts during the reporting period

  • Sustainable context: About impacts of sustainable development

  • Timely: Allow stakeholders to make informed decisions.

  • Verifiable: Auditable


PostNL has aligned the scope of reporting non-financial information with financial information. On certain areas the non-financial information scope differs from the financial reporting scope.

Acquisitions, divestments and mergers

We do not include information about joint ventures in the scope of non-financial information. New entities acquired during the reporting year will be included in the first reporting year in which the entity was part of PostNL for the entire year. When we divest entities during the year, or when we classify entities as discontinued in our financial reporting, we exclude the non-financial information from the performance data in the report. For material and available information we will report the relevant non-financial performance information separately in this chapter of the report. In the case of mergers, we evaluate appropriate scoping on a case-by-case basis.

Performance by parties in our value chain

The primary focus in our non-financial reporting is on our own direct operations. For certain information, we extend our reporting to the performance of relevant parties in our value chain. Examples include information about fatal accidents where delivery partners of PostNL may be involved, and the CO2 emissions and kilometres of our transport logistics partners, both in the Benelux and beyond, including truck, air and boat transport. We include all emissions for transport directly arranged by PostNL. This excludes first- and last-mile transport where PostNL is not involved in organising the logistics.

Significant estimates and judgements

PostNL strives to report the non-financial information as accurately and completely as possible. Due to inherent limitations in relation to the uncertainty of measurement equipment and/or availability of actual data, we use estimates, assumptions and judgements in our reporting. Estimates, assumptions and judgements are based on historical experience and other factors, including reasonable expectations under given circumstances.

For certain information, such as accidents, it is difficult to determine reasonable expectations. We partly depend on the reporting discipline of our people for accidents that occurred during the year. Despite all measures PostNL implemented, including an open safety culture, the inherent risk of incomplete accident reporting remains.

Significant estimates in emissions reporting

Emissions reporting provides inherent limitations to the accuracy of information. The main reason is the unavailability of data from contracted parties by PostNL about their factual transport kilometres, energy consumption and CO2 emissions. Actual emissions monitoring is not common and therefore conversion factors published by external institutes are used. PostNL used the following significant estimates to report its emissions:

Fuel consumption and kilometres of contracted partners

For contracted partners we calculate the fuel consumption using kilometres based on planning or actual route information from our operational systems and the average fuel consumption of our own fleet of comparable vehicles. In order to make conservative estimations, we assume all delivery partners use diesel vans in those cases where we have no insight into the vehicles used. In 2019, we started to register information of vehicles used by delivery partners to obtain better insights in the vehicle mix. For those networks where we have this mix available, we use it to estimate the fuel consumption per vehicle type. Contrary to our own fleet, we do not know the exact number of kilometres driven by delivery partners. Therefore, the calculation of these kilometres include estimations.

Kilometres transported by foot or bike and trucks

The kilometres covered by foot, bike or e-(cargo) bike consist of all kilometres made during deliveries. We use several sources to calculate the total kilometres covered. More than 90% of the kilometres are based on actual data. The remaining percentage is estimated based on available data.

The kilometres driven by our small and large trucks are based on actual data where available and processed through different systems. In situations where the actual data is not available or (automatic) processing of data leads to mismatches, we use (automatic) extrapolation of missing or implausible kilometre data based on average fuel consumption per kilometre.

Carbon emissions for international activities

For both road and air transport, PostNL calculates the tonne-kilometres carried based on the distance travelled (between the Netherlands and the hub of the destination) and the actual weight of the mail and parcels transported. For trucks, PostNL uses publicly available route planning information, and for air travel PostNL uses publicly available information (Great Circle Mapper) to calculate the great circle distance between airports. Carbon emissions are calculated based on publicly available emission factors per tonne-kilometre.

Energy consumption, CO2, NOx and PM10 emissions

We use standard publicly available Dutch conversion factors to convert activity data from buildings and vehicles to energy consumption in Terra Joules (TJ).

To calculate CO2 emissions of our total own operations and of outsourced operations to our delivery partners in the Benelux, we use different external sources in order to estimate the emissions as accurately as possible.

PostNL uses the tank-to-wheel (TTW) conversion factors from activity data to CO2 emissions published by the independent Dutch initiative tied to the government "CO2emissiefactoren.nl". The conversion factors are updated upfront and once a year. For this years reporting, we used the conversion factors published in 2021. This initiative manages a uniform list of factors commonly used and scientificly based for the Dutch context. The conversion factors of electricity use outside the Netherlands are not provided by CO2emissiefactoren.nl, so PostNL uses the factors published by the International Energy Agency (IEA), an autonomous body in the framework of the Organisation for Economic Co-operation and Development (OECD).

The emissions of NOx and PM10 are not directly related to the usage of combustion fuels, but depend mainly on the efficiency of the engines of vehicles. Because the actual emissions of NOx and PM10 are not measured, we use the maximum allowed emissions for the various European emission standards of vehicles we use (Euro 5 or Euro 6) in grams per kilometre. By using the maximum allowed emissions, PostNL reports the NOx and PM10 emissions conservatively.

Significant judgements

Customer satisfaction, employee engagement, brand reputation and delivery quality are indicators measured on sample basis. PostNL aims to report performance data that provides a representative view of the population from which the sample is taken. To achieve this representativeness, PostNL ensures the sample sizes are statistically sufficient and include all different sub populations to justify our assumption that the result of the measurement represents the view of the entire population for the indicators mentioned.

Note that the numbers presented in the non-financial statements and disclosures may not sum precisely to the totals provided, and percentages may not precisely reflect the absolute figures due to rounding.

Data revisions

Developments in business, reporting requirements and methodology improvements influence the way PostNL measures, calculates and reports its performance data. Whenever PostNL updates its reporting scope or reporting methods, we also revise prior years’ data to keep the performance data comparable over time.

In 2022 we made a data revision on carbon emissions regarding outsourced transport by air. PostNL has been using general conversion factors for the calculation of emissions from air transport published by DEFRA in the UK which was suitable when PostNL operated across Europe. However, for a number of years CE Delft has been gathering data about logistics in the Netherlands and has produced the STREAM (Study on Transport Emissions for All Modes) report 2020. This includes conversion factors for transportation of goods by air for departures from the Netherlands both for passenger and cargo aircraft. These emission factors are more accurate and suitable for PostNL to use.

We have the ambition to steer more proactively on carbon-efficient air transport, and have engaged with TU Delft and developed an internal model to gain the necessary insights. Over time, our aim is to use this model when purchasing air transport services and for reporting purposes. We aim to implement this model for internal steering purposes in 2023 and, depending on its success, also for internal and external reporting. Applying more accurate emission factors is an initial step towards improving data accuracy for internal and external reporting.

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PostNL Effect of data revision in comparative figures environmental value in kilotonnes CO2e
2018 - 2021

Year ended 31 December





Scope 3 GHG emissions


Outsourced transport by air before data revision





Outsourced transport by air after data revision





Reporting processes, systems and controls

PostNL uses formalised processes to record, validate and consolidate information in order to report non-financial performance data. PostNL integrated non-financials in the regular planning and control cycle, including budgeting, target setting and periodic performance monitoring. We collect and report non-financial performance data on selected key performance indicators on a monthly basis. Other indicators are reported biannually or annually depending on the nature of the indicators.

Similar to financial reporting, all reporting entities are responsible for their non-financial performance data and implement actions to steer on results. Although the majority of non-financial information is recorded in central PostNL systems, for several entities and indicators other systems are used. For our consolidation processes, we use an IT system covering both financial and non-financial data. For some performance indicators, such as employee engagement, the data is prepared and collected centrally. We strive to report non-financial performance data based on actuals as much as possible. We may use extrapolation of results of large entities to determine the performance of smaller entities. This reduces the administrative tasks for smaller entities. We only use this method in cases where the extrapolations are reasonably predictable. In our data coverage tabledownload we provide insights into the information reported based on extrapolation.

In order to ensure that the data reported by different entities is consistent and of high quality, PostNL developed company-wide reporting definitions for each performance indicator. In addition, we implemented formal quality controls related to the reported data in the system for both the data owners (first line) and control department (second line). This includes de-central and central analytical procedures to evaluate the accuracy and completeness of reported data, as well as seeking explanations for unexpected trends in performance. PostNL uses its controls in a company-wide financial and non-financial internal control framework.

Forward-looking information

Some statements in this Annual Report are 'forward-looking statements'. By their nature, 'forward-looking statements' involve risk and uncertainty because they relate to and depend on circumstances that occur in the future. These statements involve known and unknown risks, uncertainties and other factors that are beyond PostNL’s control and impossible to predict and may cause actual results to differ materially from any future results expressed or implied. They are based on current expectations, estimates, forecasts, analyses and projections about the industries in which PostNL operates and PostNL management’s beliefs and assumptions about future events.

Undue reliance cannot be placed on these 'forward-looking statements' by readers of this report. These statements only speak as of the date of this Annual Report and are neither predictions nor guarantees of future events or circumstances. PostNL does not undertake any obligation to release publicly any revisions to these statements to reflect events or circumstances after the date of this Annual Report or to reflect the occurrence of unanticipated events, except as may be required under applicable securities laws.

External assurance

In addition to the internal controls and internal audit, PostNL engaged KPMG as our independent external auditor for our non-financial statements to provide reasonable assurance on the non-financial information in this Annual Report.

The scope of KPMG’s assurance includes the non-financial information included in the following sections in the Annual Report: