Cez
Cez, a prominent player in the energy sector, is headquartered in the Czech Republic (CZ) and operates extensively across Central and Eastern Europe. Founded in 1992, the company has established itself as a leader in electricity generation, distribution, and trading, with a strong focus on renewable energy sources and sustainable practices. Cez offers a diverse range of services, including power generation from nuclear, coal, and renewable sources, as well as energy distribution and sales. Its commitment to innovation and sustainability sets it apart in a competitive market. Notably, Cez has made significant strides in expanding its renewable energy portfolio, positioning itself as a forward-thinking energy provider. With a robust market presence and a reputation for reliability, Cez continues to achieve notable milestones, contributing to the energy landscape in Europe while prioritising environmental responsibility.
DitchCarbon Score
How does Cez's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Nuclear Electricity industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Cez's score of 47 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Cez's reported carbon emissions
In 2023, CEZ Group reported significant carbon emissions, with Scope 1 emissions totalling approximately 14,169,842,000 kg CO2e globally. The company has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its value chain by 2040, using 2019 as the baseline year. For near-term targets, CEZ Group commits to reducing Scope 1 and 2 greenhouse gas emissions by 83% per megawatt-hour (MWh) by 2033, alongside a 58.8% reduction in absolute Scope 3 emissions from the use of sold products within the same timeframe. Long-term goals include a 97.3% reduction in Scope 1 and 2 emissions per MWh by 2040 and a 90% reduction in absolute Scope 3 emissions. In previous years, CEZ's emissions were substantial, with Scope 1 emissions reaching approximately 18,189,560,000 kg CO2e in 2022 and 18,987,560,000 kg CO2e in 2021. The company has demonstrated a commitment to sustainability through these targets, which align with the Science Based Targets initiative (SBTi) and aim to limit global warming to well below 2°C. CEZ Group's proactive approach to reducing its carbon footprint reflects its dedication to environmental responsibility and sustainable energy practices.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 444,364,000 | 000,000,000 | 000,000,000 | 00,000,000 | - | - |
| Scope 3 | - | 00,000,000,000 | 00,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cez is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
