Ctt Correios De Portugal
Ctt Correios de Portugal, commonly referred to as CTT, is the leading postal and logistics service provider in Portugal, headquartered in Lisbon. Established in 1520, CTT has a rich history that marks it as one of the oldest postal services in the world, evolving significantly over the centuries to meet modern demands. Operating primarily across Portugal, CTT offers a comprehensive range of services, including mail delivery, parcel logistics, and financial services. Its unique blend of traditional postal services and innovative digital solutions positions CTT as a key player in the industry. Notable achievements include the introduction of advanced tracking systems and a commitment to sustainability, enhancing customer experience and operational efficiency. With a strong market presence, CTT continues to adapt to the changing landscape of logistics and communication, ensuring reliable service for both individuals and businesses throughout the country.
DitchCarbon Score
How does Ctt Correios De Portugal's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Telecommunications Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Ctt Correios De Portugal's score of 73 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ctt Correios De Portugal's reported carbon emissions
In 2024, CTT Correios de Portugal reported total carbon emissions of approximately 149,933,200 kg CO2e. This figure includes 18,068,700 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 3,154,700 kg CO2e from Scope 2 emissions. The majority of their emissions, about 131,864,500 kg CO2e, fall under Scope 3, which encompasses various indirect emissions, including upstream transportation and distribution. CTT has set ambitious climate commitments, aiming for a 30% reduction in total emissions across all scopes by 2025, using 2013 as the baseline year. Additionally, they have committed to achieving a net-zero carbon balance by 2030. Specific targets include a 3% reduction in Scope 1 emissions by 2023 and a 5% reduction by 2024. Furthermore, they aim to mitigate Scope 1 and 2 emissions by 61% by 2030, relative to 2021 levels. These targets are aligned with the Science Based Targets initiative (SBTi), which has validated CTT's commitment to reduce absolute Scope 1, 2, and 3 greenhouse gas emissions by 55% by 2030 from a 2021 baseline. CTT's efforts reflect a strong commitment to sustainability and reducing their carbon footprint in the logistics and transportation sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 16,491,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 190,100 | 000,000 | 0,000 | 0,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 45,703,300 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Ctt Correios De Portugal is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
