Sociedad Estatal Correos Y Telegrafos Sa S.M.E. 2020 IR
The report highlights the Correos Group's performance and strategic progress during the challenging fiscal year 2020, marked by the COVID-19 pandemic. Despite a 12.9% decline in revenue due to a slump in traditional mail volumes, the group accelerated its diversification into e-commerce and parcel delivery services. Key achievements include the recruitment of 4,005 permanent employees, the expansion of the electric vehicle fleet to 1,279 eco-efficient vehicles, and the launch of a new Circular Economy Action Plan targeting zero waste by 2030. Additionally, the group successfully offset over 5,400 tonnes of CO2 through the Correos Compensa project and actively supported local communities through the Correos Market platform.
Company: Sociedad Estatal Correos Y Telegrafos Sa S.M.E.
Sector: Transport & logistics
Country: Spain
Year: 2020
Type: IR
Pages: 346
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Sociedad Estatal Correos Y Telegrafos Sa S.M.E.
Integrated Annual Report
The report highlights the Correos Group's performance and strategic progress during the challenging fiscal year 2020, marked by the COVID-19 pandemic. Despite a 12.9% decline in revenue due to a slump in traditional mail volumes, the group accelerated its diversification into e-commerce and parcel delivery services. Key achievements include the recruitment of 4,005 permanent employees, the expansion of the electric vehicle fleet to 1,279 eco-efficient vehicles, and the launch of a new Circular Economy Action Plan targeting zero waste by 2030. Additionally, the group successfully offset over 5,400 tonnes of CO2 through the Correos Compensa project and actively supported local communities through the Correos Market platform.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Renewable Energy
Women on Board
Workplace Fatalities
Net Zero Target
Employees