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OrganisationsCEZ Group
CEZ Group logo

CEZ Group

Electricity DistributionCzechia
Last verified 10 days agocez.cz

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.

55
DitchCarbon score

+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

Very High

Electricity Distribution is among the most carbon-intensive industries

Industry performance

3.837
20182025

The Electricity Distribution industry has reduced its overall emissions by 19% since 2018

Emissions trajectory 2020 – 2027

00.0B00.0B00.0B00.0B0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

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 goals

2025

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.

On track14%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

7 of 15 categories disclosed
Use of Sold Products53%
Fuel & Energy Activities36%
Investments4%
Processing of Sold Products4%
Capital Goods2%
Downstream Transportation & Distribution1%
Purchased Goods & Services1%
Use of Sold Products53%
Fuel & Energy Activities36%
Investments4%
Processing of Sold Products4%
Capital Goods2%
Downstream Transportation & Distribution1%
Purchased Goods & Services1%

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2033 targetSee details
Not active
CDP

Carbon Disclosure Project

Inherited from CEZ, a. s.
Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

Inherited from CEZ, a. s.
See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
CEZ Group logoCEZ Group
CZElectricity Distribution
10 days ago
55
Iberdrola logoIberdrola
ESElectricity Distribution
2 days ago
94
View
Fortum logoFortum
FIElectricity from Other Sources
2 days ago
86
View
Engie logoEngie
FRGas Distribution
2 days ago
85
View
Rheinisch Westfalisches Elektrizitatswerk logoRheinisch Westfalisches Elektrizitatswerk
DEElectricity Distribution
2 days ago
77
View
Vattenfall logoVattenfall
SEElectricity Transmission
2 days ago
75
View
Enel logoEnel
ITElectricity Distribution
2 days ago
75
View

Frequently asked questions

Common questions about CEZ Group’s sustainability data and climate commitments

CEZ Group has set ambitious climate targets aiming to reduce its emission intensity of electricity and heat generation from approximately 0.38 tonnes CO₂e per MWh in 2019 to about 0.16 tonnes CO₂e per MWh by 2030, representing over a 50% reduction. Additionally, they plan to cut absolute Scope 3 emissions from sold products by roughly 90% by 2040, compared to 2019 levels. These targets align with the 1.5°C pathway, demonstrating their commitment to significant decarbonization and industry-leading climate action in the distribution and trade of electricity sector.

Data year: 2024

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