Public Profile

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.

47

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.

16

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.

100%

Cez's reported carbon emissions

In 2023, CEZ Group reported total Scope 1 emissions of approximately 15,954,322,000 kg CO2e globally, with specific emissions from the Czech Republic at about 14,169,842,000 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2040, using 2019 as the base year. For near-term targets, CEZ Group commits to reducing Scope 1 and 2 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. These targets align with the Science Based Targets initiative (SBTi) and reflect CEZ Group's commitment to sustainable practices in the electric utilities sector, which encompasses fossil, alternative, and nuclear energy.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201820192020202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Cez's primary industry is Electricity by nuclear, which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Cez is headquartered in CZ, which has a rank of very high, indicating very high grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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