CEZ Group, a leading player in the distribution and trade services of electricity, is headquartered in the Czech Republic (CZ). Established in 1992, the company has grown to become a significant force in the energy sector, primarily operating across Central and Eastern Europe. CEZ Group focuses on the generation, distribution, and trading of electricity, offering innovative solutions that cater to both residential and commercial customers.
With a commitment to sustainability and efficiency, CEZ Group stands out through its investment in renewable energy sources and smart grid technologies. The company has achieved notable milestones, including substantial expansions in its operational regions and a strong market position as one of the largest energy providers in the region. CEZ Group continues to lead the way in transforming the energy landscape, ensuring reliable and sustainable electricity services for millions.
+39 vs industry average
CEZ Group’s score of 55 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity Distribution is among the most carbon-intensive industries
Industry performance
The Electricity Distribution industry has reduced its overall emissions by 19% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
CEZ Group's reported carbon emissions
CEZ Group, headquartered in CZ and operating in the electricity distribution and trade services sector, reported total combined emissions of approximately 27.3 billion kg CO2e for the year 2023. This figure encompasses Scope 1, 2, and 3 emissions.
In 2024, CEZ Group's total emissions were approximately 27.3 billion kg CO2e. Scope 1 emissions for this year amounted to about 15.5 billion kg CO2e, primarily from stationary combustion. Scope 2 emissions were negligible, recorded at approximately 28,000 kg CO2e (market-based). Scope 3 emissions were substantial, totalling about 11.8 billion kg CO2e, with the use of sold products and fuel and energy-related activities being significant contributors.
CEZ Group has established several climate commitments. Notably, they aim to reduce the emission intensity of electricity and heat generation (Scope 1) from 0.38 tonnes CO2e/MWh in 2019 to 0.16 tonnes CO2e/MWh by 2030, representing a reduction of over 50%. They also target a reduction in Scope 1 and 2 GHG emissions intensity by 83% per MWh by 2033, compared to the 2019 baseline. Furthermore, CEZ Group is committed to reducing absolute Scope 3 GHG emissions from the use of sold products by 90% by 2040.
The company's emissions data is cascaded from the parent organisation, CEZ Group. CEZ Group also reports its data to CDP and CA100+, with its parent organization being CEZ, a. s.
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CEZ Group’s Climate Goals (2030 & 2050)
8 goals2025
14% reduction in Scope 1
Snížíme podíl výroby elektřiny z uhlí z 39 % v roce 2019 na 25 % v roce 2025 a na 12,5 % v roce 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 8 climate goals
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Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
Inherited from CEZ, a. s.The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Inherited from CEZ, a. s.Emissions comparison with industry peers
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Common questions about CEZ Group’s sustainability data and climate commitments
Data year: 2024
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