Complexul Energetic Oltenia S.A. Sustainability Profile
Complexul Energetic Oltenia S.A., commonly referred to as CEO, is a prominent player in Romania's energy sector, headquartered in Târgu Jiu, Gorj County. Established in 2012, the company emerged from the merger of several key entities, positioning itself as a leader in the production of electricity and thermal energy, primarily from coal and renewable sources. Operating mainly in the Oltenia region, CEO is dedicated to providing reliable energy solutions while adhering to environmental standards. The company’s core services include electricity generation, mining, and energy distribution, with a focus on transitioning towards sustainable practices. Notably, CEO has made significant strides in modernising its operations, enhancing efficiency, and reducing carbon emissions, solidifying its market position as a forward-thinking energy provider in Romania.
DitchCarbon Score
How does Complexul Energetic Oltenia 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
Complexul Energetic Oltenia S.A.'s score of 9 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Complexul Energetic Oltenia S.A.'s reported carbon emissions
Complexul Energetic Oltenia S.A., headquartered in Romania, currently does not have specific carbon emissions data available for the most recent year. However, the company is aligned with national climate commitments aimed at significant reductions in greenhouse gas emissions. Romania has set a target to reduce total greenhouse gas emissions across all sectors by approximately 50% compared to 1990 levels by the year 2030. This commitment reflects a broader effort to contribute to the decarbonisation process within the European Union. While no specific Scope 1, 2, or 3 emissions data is provided, the overarching national target indicates a strong commitment to climate action. Complexul Energetic Oltenia S.A. is expected to play a role in achieving these ambitious goals, although detailed reduction targets or achievements specific to the company have not been disclosed. The focus remains on aligning with Romania's strategic climate objectives as part of the EU's broader environmental initiatives.
How Carbon Intensive is Complexul Energetic Oltenia S.A.'s Industry?
How Carbon Intensive is Complexul Energetic Oltenia S.A.'s Location?
Complexul Energetic Oltenia 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.
Complexul Energetic Oltenia 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.
