Correos
Correos, officially known as Sociedad Estatal de Correos y Telégrafos, S.A., is Spain's national postal service, headquartered in Madrid. Established in 1716, it has evolved into a key player in the logistics and communications industry, serving both urban and rural areas across the country. With a diverse portfolio that includes mail delivery, parcel services, and logistics solutions, Correos stands out for its extensive network and commitment to innovation. The company has embraced digital transformation, enhancing its service offerings to meet the demands of a modern economy. Recognised for its reliability and efficiency, Correos holds a significant market position in Spain, continually adapting to the changing landscape of postal and logistics services. Its dedication to customer satisfaction and sustainability further solidifies its reputation as a leader in the industry.
DitchCarbon Score
How does Correos'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 Other 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
Correos's score of 16 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Correos's reported carbon emissions
In 2023, Correos reported total carbon emissions of approximately 123,561,000 kg CO2e, with emissions distributed across various scopes: 35,598,000 kg CO2e from Scope 1, 662,000 kg CO2e from Scope 2, and 123,561,000 kg CO2e from Scope 3. This represents a slight increase in total emissions compared to 2022, where they recorded about 119,496,000 kg CO2e in Scope 3 emissions, alongside 35,293,000 kg CO2e in Scope 1 and 774,000 kg CO2e in Scope 2. In 2021, Correos' total emissions were approximately 160,799,000 kg CO2e, with Scope 1 emissions at 37,887,000 kg CO2e, Scope 2 at 979,000 kg CO2e, and a significant 121,932,000 kg CO2e from Scope 3, primarily driven by purchased goods and services. Despite these figures, there are currently no specified reduction targets or climate pledges from Correos, indicating a potential area for improvement in their climate strategy. The company has not disclosed any specific initiatives aimed at reducing their carbon footprint, which is crucial in the context of global climate commitments.
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Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 37,887,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 979,000 | 000,000 | 000,000 |
| Scope 3 | 121,932,000 | 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.
Correos is not committed to any reduction initiatives 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.
