CTT - Correios de Portugal SA is a Portuguese company that operates in the Mail Services sector. Established in 1520, CTT has a long history of providing postal services to the people of Portugal. The company has evolved over the years and has become a modern postal service provider, offering a range of services such as mail, parcels, and express delivery.

In recent years, CTT has been focusing on decarbonisation and reducing its carbon footprint. The company has set ambitious targets to reduce its greenhouse gas emissions and has implemented several initiatives to achieve these targets. CTT has recognised that climate change is a global challenge, and as a responsible corporate citizen, it has taken steps to reduce its impact on the environment.

One of the key initiatives that CTT has implemented to reduce its carbon footprint is the use of renewable energy. The company has invested in renewable energy sources such as solar and wind power to reduce its reliance on fossil fuels. CTT has set a goal to generate 50% of its energy from renewable sources by 2025. This will not only help the company reduce its greenhouse gas emissions but also reduce its energy costs.

CTT has also implemented a corporate energy strategy that focuses on energy efficiency and the use of green energy. The company has been working to reduce its energy consumption by implementing energy-saving measures such as LED lighting, energy-efficient equipment, and building insulation. CTT has also been working with its suppliers to ensure that they follow sustainable practices and use renewable energy sources.

Another initiative that CTT has implemented to reduce its carbon footprint is the use of Corporate Power Purchase Agreements (PPAs). PPAs are agreements between companies and renewable energy providers that allow companies to purchase renewable energy directly from the source. CTT has signed several PPAs with renewable energy providers, which has allowed the company to reduce its greenhouse gas emissions and support the development of renewable energy sources.

CTT has also been working to reduce its carbon footprint in its transportation operations. The company has been investing in electric vehicles and has set a goal to have 100% of its delivery fleet powered by electricity by 2030. CTT has also been working to optimise its delivery routes to reduce the distance travelled by its vehicles, which has resulted in a reduction in fuel consumption and greenhouse gas emissions.

In conclusion, CTT - Correios de Portugal SA is a company that operates in the Mail Services sector and has been focusing on decarbonisation and reducing its carbon footprint. The company has implemented several initiatives such as the use of renewable energy, corporate energy strategy, corporate PPAs, and electric vehicles to achieve its goals. CTT has recognised that climate change is a global challenge, and as a responsible corporate citizen, it has taken steps to reduce its impact on the environment. CTT's commitment to sustainability and decarbonisation is an example for other companies to follow.