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 2023, CTT Correios de Portugal has disclosed 7 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 6 absolute reduction targets and 1 intensity-based target target, 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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2024
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2024
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2024
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Employee Commuting (Cat. 7)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Package Delivered
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2025
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into CTT Correios de Portugal's Greenhouse Gas Emissions Pathways

As of 2023, CTT Correios de Portugal has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

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

As of 2023, 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.

CTT Correios de Portugal's most ambitious operational target is to reduce these emissions by 61% by 2030, compared to a baseline of 18,321.627 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.

Instead of reducing operational emissions, CTT Correios de Portugal has increased them, with 2023 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.

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

202120232024203005 k10 k15 k20 kCurrent (+5%)Target 2030 (-61%)

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

As of 2023, 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.

CTT Correios de Portugal's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 91,704.232 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021, by 55% by 2030.

As of 2023, CTT Correios de Portugal is lagging behind on its total carbon footprint reduction target, having achieved 18.55% of the planned reduction.

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

2021202320242030025 k50 k75 k100 kCurrent (-10%)Target 2030 (-55%)
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