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.
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.
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.
Ctt Correios De Portugal's score of 45 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, CTT Correios de Portugal reported total carbon emissions of approximately 823,504,000 kg CO2e. This figure includes 191,461,000 kg CO2e from Scope 1 emissions and 632,043,000 kg CO2e from Scope 3 emissions, with no data disclosed for Scope 2 emissions. CTT has set ambitious climate commitments, aiming to reduce its absolute Scope 1, 2, and 3 greenhouse gas emissions by 30% by 2025, using 2013 as the base year. Additionally, the company has committed to a further reduction of 55% by 2030 from a 2021 base year. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to well below 2°C. CTT's emissions reduction strategy includes a focus on improving efficiency in letter and parcel deliveries, with a target to reduce emissions per delivery by 20% by 2025. This comprehensive approach reflects CTT's commitment to sustainability and its role in addressing climate change within the logistics sector.
Access structured emissions data, company-specific emission factors, and source documents
2006 | 2007 | 2008 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 14,610,890 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 2 | 20,611,000 | 00,000,000 | 00,000,000 | 000.0 | 000,000 | 00,000 | 00,000 | - |
Scope 3 | 21,346,710 | 00,000,000 | 00,000,000 | 00,000.0 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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 committed to some 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.