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 18 is lower than 66% 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. currently does not have available emissions data for the most recent year, as indicated by the absence of specific figures. However, the company is aligned with Romania's national commitment to reduce total greenhouse gas emissions by approximately 50% compared to 1990 levels by the year 2030. This target encompasses all scopes of emissions and reflects Romania's contribution to the decarbonisation process within the EU. As of now, there are no specific reduction targets or achievements reported by Complexul Energetic Oltenia S.A. regarding their own emissions. The absence of cascaded data from a parent or related organization further indicates that the company is operating independently in this context. In summary, while specific emissions data is lacking, Complexul Energetic Oltenia S.A. is part of a broader national initiative aimed at significant emissions reductions by 2030, contributing to the overall climate commitments of Romania.
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.
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