CEZ Vanzare S.A.
CEZ Vanzare S.A., a prominent player in the Romanian energy sector, is headquartered in Bucharest, Romania. Established in 2005, the company has rapidly evolved to become a key provider of electricity and natural gas, serving both residential and commercial customers across the country. With a strong focus on sustainable energy solutions, CEZ Vanzare S.A. offers innovative products and services that distinguish it from competitors, including tailored energy management solutions and green energy options. The company has achieved significant milestones, including expanding its customer base and enhancing service delivery through digital transformation initiatives. Recognised for its commitment to customer satisfaction and environmental responsibility, CEZ Vanzare S.A. continues to solidify its market position as a leader in the energy industry, contributing to Romania's transition towards a more sustainable energy future.
DitchCarbon Score
How does CEZ Vanzare S.A.'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 Electricity Transmission 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 Vanzare S.A.'s score of 18 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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CEZ Vanzare S.A.'s reported carbon emissions
In 2020, CEZ Vanzare S.A. reported significant carbon emissions, totalling approximately 22,458,780,000 kg CO2e for Scope 1, 333,409,000 kg CO2e for Scope 2, and 17,377,703,000 kg CO2e for Scope 3 emissions. The Scope 3 emissions included about 14,864,921,000 kg CO2e from the use of sold products and approximately 2,479,467,000 kg CO2e from fuel and energy-related activities. Comparatively, in 2019, the company’s emissions were higher, with Scope 1 emissions at about 26,070,966,000 kg CO2e, Scope 2 at 356,198,000 kg CO2e, and Scope 3 at approximately 18,322,716,000 kg CO2e. This indicates a reduction in both Scope 1 and Scope 3 emissions from 2019 to 2020. CEZ Vanzare S.A. has committed to achieving a neutral carbon footprint in electricity generation by 2050, a long-term goal established in 2015. This commitment encompasses all scopes of emissions, reflecting the company's dedication to addressing climate change. The emissions data reported by CEZ Vanzare S.A. is cascaded from its parent company, CEZ Group, indicating a corporate family relationship that influences its sustainability reporting and climate commitments.
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| 2018 | 2019 | 2020 | |
|---|---|---|---|
| Scope 1 | - | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 444,364,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 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 Vanzare S.A. is not participating in any of the initiatives that 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.
