Ctt Correios de Portugal, commonly known as CTT, is the leading postal and logistics service provider in Portugal, headquartered in Lisbon. Established in 1520, CTT has a rich history marked by significant milestones, including its transformation into a publicly traded company in 2013. Operating primarily in the postal services and logistics sectors, CTT offers a diverse range of services, including mail delivery, parcel services, and financial solutions. What sets CTT apart is its extensive network, which ensures reliable service across urban and rural areas, making it a vital component of the Portuguese economy. With a strong market position, CTT has been recognised for its commitment to innovation and customer service, continually adapting to the evolving needs of its clientele.
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 48 is higher than 87% 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 82.4 million tonnes CO2e. This figure includes about 19.1 million tonnes from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and approximately 63.2 million tonnes from Scope 3 emissions, which cover indirect emissions from the value chain, including employee commuting. 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 is targeting a 20% reduction in emissions per letter and parcel delivery within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are classified as consistent with efforts to limit global warming to well below 2°C. CTT's emissions data reflects a proactive approach to climate action, demonstrating a commitment to sustainability in the logistics and postal services sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2006 | 2007 | 2008 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 14,610,890 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 20,611,000 | 00,000,000 | 00,000,000 | 000,000 | 000,000 | 0,000 | 0,000 | - |
Scope 3 | 21,346,710 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.