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.
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.
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.
Complexul Energetic Oltenia S.A.'s score of 15 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Complexul Energetic Oltenia S.A. currently does not have specific emissions data available for the most recent year. However, the company is part of Romania's broader commitment to reducing greenhouse gas emissions. By 2030, Romania aims to achieve a significant reduction of approximately 50% in total greenhouse gas emissions across all sectors compared to 1990 levels. This commitment reflects the country's dedication to the decarbonisation process within the European Union. While specific emissions figures for Complexul Energetic Oltenia S.A. are not provided, the company's initiatives align with national targets that encompass all scopes of emissions. The focus on substantial reductions indicates a proactive approach to addressing climate change and contributing to a sustainable energy future.
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.
Complexul Energetic Oltenia 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.