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CTT Correios de Portugal SA
CTT Correios de Portugal's GHG Emissions Data Preview
In 2024, CTT Correios de Portugal completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
CTT Correios de Portugal has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
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aVerified Sources Behind CTT Correios de Portugal’s Greenhouse Gas (GHG) Emissions Data
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Insights into CTT Correios de Portugal's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofCTT Correios de Portugal amounted to21,223.4metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of CTT Correios de Portugaldecreased by 8.45%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
CTT Correios de Portugal's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are CTT Correios de Portugal's Scope 1 emissions?
In 2024, the total Scope 1 emissions of CTT Correios de Portugal were 18,068.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year(2023), CTT Correios de Portugal's Scope 1 emissions decreased by 10.32%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are CTT Correios de Portugal's Scope 2 emissions?
In 2024, CTT Correios de Portugal reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method and 3,154.7 tCOâ‚‚e using the location-based method.a
Has CTT Correios de Portugal reduced its Scope 2 emissions over time?
Compared to the previous year(2023), CTT Correios de Portugal's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that CTT Correios de Portugal's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does CTT Correios de Portugal use for Scope 2 reporting?
In 2024, CTT Correios de Portugal reported its Scope 2 emissions using the market-based method and using the location-based method.a
CTT Correios de Portugal's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into CTT Correios de Portugal's Value Chain Emissions
In 2024, CTT Correios de Portugal reported 131,864.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of CTT Correios de Portugal includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
CTT Correios de Portugal's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are CTT Correios de Portugal's Scope 3 emissions?
In 2024, CTT Correios de Portugal reported total Scope 3 emissions of 131,864.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Approximately 94.69%of these emissions originated from upstream activities such as purchased goods and capital goods, while 5.31%came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), CTT Correios de Portugal's Scope 3 emissions increased by 16.78%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does CTT Correios de Portugal disclose?
In 2024, CTT Correios de Portugal reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of CTT Correios de Portugal's Scope 3 emissions?
In 2024, the largest contributors to CTT Correios de Portugal's Scope 3 emissions were:a
- Upstream Transportation and Distribution (Cat. 4): 91,853.6 tCOâ‚‚e(69.66%)
- Purchased Goods and Services (Cat. 1): 15,065.2 tCOâ‚‚e(11.42%)
- Capital Goods (Cat. 2): 6,748.7 tCOâ‚‚e(5.12%)
CTT Correios de Portugal's Scope 3 Emissions by Categories
Insights into CTT Correios de Portugal’s GHG Emissions Intensity Compared to Industry Peers
In 2024, CTT Correios de Portugal reported Scope 1 greenhouse gas (GHG) emissions of 18,068.7 tCOâ‚‚e and total revenues of USD 1,107 millions. This translates into an emissions intensity of 16.32 tCOâ‚‚e per millions USD.a
CTT Correios de Portugal's Scope 1 Emissions Intensity Compared to Peers
How does CTT Correios de Portugal's GHG emissions intensity compare to its peers?
In 2024, CTT Correios de Portugal reported a Scope 1 emissions intensity of 16.32 tCOâ‚‚e per millions USD. Compared to the peer group median of 46.54, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does CTT Correios de Portugal rank on GHG emissions intensity within its industry?
In 2024, CTT Correios de Portugal ranked 9 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
CTT Correios de Portugal is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into CTT Correios de Portugal's Total Carbon Footprint
In 2024, CTT Correios de Portugal reported a total carbon footprint of 153,087.9 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.49% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to CTT Correios de Portugal's total carbon footprint was Scope 3 emissions, accounting for 86.14% of the company's total carbon footprint, followed by Scope 1 emissions at 11.8%.a