CEZ Vanzare S.A. Sustainability Profile
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 4 is lower than 95% 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, with Scope 1 emissions totalling approximately 22,458,780,000 kg CO2e and Scope 2 emissions at about 1,534,381,000 kg CO2e. This data reflects a decrease from 2019, where Scope 1 emissions were around 26,070,966,000 kg CO2e and Scope 2 emissions were approximately 1,343,775,000 kg CO2e. Despite these figures, CEZ Vanzare S.A. has not disclosed any Scope 3 emissions data. The company has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future development in their sustainability strategy. The emissions data is cascaded from the parent company, CEZ Group, reflecting the broader corporate family's performance in carbon management. CEZ Vanzare S.A. operates as a current subsidiary within this structure, inheriting its emissions profile and climate commitments from the CEZ Group. Overall, while CEZ Vanzare S.A. has made strides in reducing its emissions, the absence of defined reduction targets suggests that further action may be necessary to align with industry standards and climate goals.
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| 2019 | 2020 | |
|---|---|---|
| Scope 1 | 26,070,966,000 | 00,000,000,000 |
| Scope 2 | 1,343,775,000 | 0,000,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is CEZ Vanzare S.A.'s Industry?
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CEZ Vanzare S.A.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
CEZ Vanzare S.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
