Ctt Correios De Portugal Sustainability Profile
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 77 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
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, comprising 18,068,700 kg CO2e from Scope 1, 3,154,700 kg CO2e from Scope 2, and a significant 131,864,500 kg CO2e from Scope 3 emissions. In 2023, the total emissions were about 133,062,800 kg CO2e, with Scope 1 emissions at 20,148,900 kg CO2e, Scope 2 at 3,032,400 kg CO2e, and Scope 3 at 112,913,900 kg CO2e. CTT has set ambitious climate commitments, aiming for a 30% reduction in absolute emissions across all scopes by 2025, using 2013 as a baseline. This target aligns with the Science Based Targets initiative (SBTi) and is part of their broader commitment to achieve a net-zero carbon balance by 2030. Additionally, they are targeting a 55% reduction in absolute emissions by 2030 from a 2021 base year. The company has also committed to reducing Scope 1 emissions by 3% compared to 2022 by 2023 and aims for a 5% reduction by 2024. CTT's initiatives reflect a strong commitment to sustainability and carbon neutrality, contributing to the global effort to mitigate climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 16,433,500 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 133,300 | 000,000 | 000,000 | 000,000 | 0,000 | 0,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 36,356,300 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Ctt Correios De Portugal's Industry?
How Carbon Intensive is Ctt Correios De Portugal's Location?
Ctt Correios De Portugal's Scope 3 Categories Breakdown
Ctt Correios De Portugal's Scope 3 emissions, which increased by 17% last year and increased by approximately 263% since 2016, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 70% of Scope 3 emissions.
Top Scope 3 Categories
Ctt Correios De Portugal's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Ctt Correios De Portugal has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Ctt Correios De Portugal's sustainability data and climate commitments