CTT Correios de Portugal SA

Common Name
CTT Correios de Portugal
Country
Portugal
Sector
Industrials
Industry
Integrated Freight & Logistics
Employees
11,723
Ticker
CTT
Exchange
EURONEXT
Website
www.ctt.pt
Description
Ctt-Correios De Portugal, S.A. is a premier postal service company headquartered in Lisbon, Portugal. Its primary function is to provide comprehensive mail services, including the delivery of letters,...

CTT Correios de Portugal's Climate Target Data Preview

As of 2024, CTT Correios de Portugal has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into CTT Correios de Portugal ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind CTT Correios de Portugal’s Climate Targets Data

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a. CTT Correios de Portugal's Integrated Report 2024
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Insights into CTT Correios de Portugal's Greenhouse Gas Emissions Pathways

As of 2024, CTT Correios de Portugal has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does CTT Correios de Portugal have a target to reduce the emissions from its operations?

As of 2024, CTT Correios de Portugal has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

CTT Correios de Portugal's most ambitious operational target is to reduce these emissions by 67% by 2030, compared to a baseline of 19,682.68 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a

As of 2024, CTT Correios de Portugal is lagging behind on its operational emissions reduction target, having achieved 12.24% of the planned reduction. a

CTT Correios de Portugal's Operational (Scope 1+2) Emissions Pathway

202120242025203005 k10 k15 k20 kCurrent (-8%)Target 2030 (-67%)

Does CTT Correios de Portugal have a target to reduce its total carbon footprint?

As of 2024, CTT Correios de Portugal has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

CTT Correios de Portugal's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 131,867.37 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021, by 55% by 2030. a

Instead of reducing total carbon footprint, CTT Correios de Portugal has increased them, with 2024 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target. a

CTT Correios de Portugal's Carbon Footprint (Scope 1+2+3) Emissions Pathway

2021202420252030040 k80 k120 k160 kCurrent (+14%)Target 2025 (-5%)Target 2030 (-55%)
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