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European Climate Pact
private sector

CTT - Correios de Portugal SA

Overview

Location

Portugal 

Sector

Transport manufacture, management and services

Organisation type
Business

Company Information

CTT - Correios de Portugal SA is a listed multi-service postal and financial operator with headquarters in Lisbon, Portugal. In 2021, it reported 13,000 employees and an annual revenue of 848 million Euro.

Our progress towards decarbonization

 

GHG Emissions

Our actions – the Pathway

  • CTT - Correios de Portugal SA has a target to reduce absolute scopes 1, 2 and 3 CO2e emissions 53% by 2030 from a base year of 2021. This is a year-on-year reduction rate of 5.9% over the next 9 years
  • Pledge: Have a short-medium term GHG emissions reduction target (scope 1+2) with a 2.1% year-on-year reduction at a minimum

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an internal price on carbon 
  • Have an initiative in place to drive GHG emission-reduction through a company policy or behavioral change
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

 

Energy

Our actions – the Pathway

  • Have a target to increase renewable energy consumption

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

North Star

  • CTT - Correios de Portugal SA have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

 

Buildings

Our actions – the Pathway

  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

Our actions – the Pathway

  • Have an ongoing and transparent dialogue with our value chain around climate-related issues

MRV: Pact MRV in place

Status date: Submitted (01/08/2022)

Data source: CDP Climate Change 2022