CEZ Group

CEZ Group, a leading electricity distribution and trade services provider headquartered in CZ, has reported its carbon emissions and outlined ambitious climate commitments.

Emissions Performance:

• 2024: CEZ Group's total emissions reached approximately 27.3 billion kg CO2e. This figure comprises Scope 1 emissions of about 15.5 billion kg CO2e, Scope 2 emissions of approximately 28,000 kg CO2e (market-based), and Scope 3 emissions totalling around 11.8 billion kg CO2e.
• 2023: Total emissions were approximately 40.8 billion kg CO2e. Scope 1 emissions amounted to about 16 billion kg CO2e, Scope 2 (market-based) to roughly 15.5 billion kg CO2e, and Scope 3 to approximately 13.5 billion kg CO2e.
• 2021: Total emissions were around 29.6 billion kg CO2e, with Scope 1 at approximately 19.0 billion kg CO2e, Scope 2 at about 26.7 million kg CO2e, and Scope 3 at roughly 10.5 billion kg CO2e.
• 2020: Total emissions were approximately 37.2 billion kg CO2e, consisting of Scope 1 at about 23.5 billion kg CO2e, Scope 2 at around 335.5 million kg CO2e, and Scope 3 at roughly 13.7 billion kg CO2e.
• 2019: Total emissions stood at approximately 45.3 billion kg CO2e, with Scope 1 emissions at about 26.7 billion kg CO2e, Scope 2 (location-based) at approximately 356.2 million kg CO2e, and Scope 3 at roughly 18.3 billion kg CO2e.
• 2009: Scope 1 emissions were reported as approximately 32.6 billion kg CO2e.

Climate Commitments and Reduction Targets:

CEZ Group is actively engaged in reducing its environmental impact. Key commitments include:

• Intensity Reduction: The company aims to reduce its emission intensity for electricity and heat generation. Specifically, it commits to lowering Scope 1 emission intensity from 0.38 tonnes CO2e/MWh in 2019 to 0.26 tonnes CO2e/MWh by the end of 2025 (a 31.6% reduction), and further to 0.16 tonnes CO2e/MWh by 31 December 2030 (representing a 57.9% reduction). A broader near-term target aims for a reduction of more than 50% in emission intensity by 2030 compared to the 2019 baseline. Long-term targets include a commitment to reduce Scope 1 and 2 GHG emissions by 97.3% per MWh by 2040 from a 2019 base year.
• Scope 3 Emissions: CEZ Group is committed to reducing absolute Scope 3 GHG emissions from the use of sold products (Category 11) by 90% by 2040.
• Coal Reduction: The company plans to decrease the share of coal in electricity production from 39% in 2019 to 25% by 2025 and to 12.5% by 2030.
• SO2 Emissions: CEZ Group aims to reduce SO2 emissions from 21 kilotonnes in 2019 to 6.5 kilotonnes by 2025 and 3 kilotonnes by 2030.
• Science-Based Targets: CEZ Group's climate targets are aligned with the Science Based Targets initiative (SBTi), with near-term targets validated in May 2022.

CEZ Group's emissions data is cascaded from its parent organisation, CEZ Group. The company also reports through initiatives like CDP, where data is sourced from CEZ, a. s. at cascade level 1.