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 48 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ctt Correios De Portugal's reported carbon emissions
In 2023, CTT Correios de Portugal reported total carbon emissions of approximately 82,350,400 kg CO2e. This figure includes 19,146,100 kg CO2e from Scope 1 emissions, which primarily arise from direct operations, and 63,204,300 kg CO2e from Scope 3 emissions, encompassing indirect emissions from the supply chain and employee commuting. Notably, Scope 2 emissions were reported as zero, indicating a potential shift towards renewable energy sources or changes in energy procurement. 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 baseline year. Additionally, the company targets 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. Overall, CTT Correios de Portugal is actively working towards significant emissions reductions, demonstrating a commitment to sustainability and climate responsibility in the logistics sector.
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Add to project| 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 | 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 |
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 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.
