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 15 is higher than 64% 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 2021, CEZ Vanzare S.A. reported total carbon emissions of approximately 18,702.2 kg CO2e for Scope 1, 1,293.4 kg CO2e for Scope 2, and 22,274.0 kg CO2e for Scope 3. This reflects a continued commitment to monitoring and managing their carbon footprint across all scopes of emissions. In 2020, the company recorded emissions of about 22,458.8 kg CO2e for Scope 1, 1,534.4 kg CO2e for Scope 2, and 18,583.0 kg CO2e for Scope 3, indicating a slight reduction in Scope 1 and Scope 2 emissions. The emissions intensity for electricity generated by CEZ Group has shown a decreasing trend, with values of 330.0 kg CO2e/MWh in 2020 and 290.0 kg CO2e/MWh in 2021. This demonstrates their efforts to enhance efficiency and reduce emissions per unit of electricity produced. Despite these reductions, CEZ Vanzare S.A. has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal reduction targets suggests a need for further commitment to climate action and transparency in their sustainability strategy. Overall, CEZ Vanzare S.A. is actively engaged in tracking its carbon emissions, with a focus on reducing its environmental impact, although more defined targets and initiatives would strengthen its climate commitments.
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| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Scope 1 | 26,802,633,000 | 00,000,000,000 | 00,000.0 | 00,000.0 |
| Scope 2 | 444,364,000 | 0,000,000,000 | 0,000.0 | 0,000.0 |
| Scope 3 | 18,322,716,000 | 00,000,000,000 | 00,000 | 00,000 |
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.
