Orano signs a contract with the Czech electric utility ČEZ for the supply of uranium enrichment services pg. 1

Sustainibility and ESG
Environment and renewable resources
Foreign activities
Economics and financial news

Inven Capital backs clean mobility via British zero-emission intercity transport start-up Ember

*Ember runs pro-customer intercity electric bus service in Scotland and is building its own charging network connected primarily to renewable sources
*Their unique technological platform effectively optimizes routing, recharging, maintenance, and customer service
*Ember started in 2020 with 2 electric buses between Edinburgh and Dundee, now they service over 20 towns with 24 vehicles
*CEZ Group will strengthen its expertise in low-carbon public transportation
*Transport produces approx. 20% of the world's CO2 emissions, almost half of which is passenger transport by road
CEZ Group's investment fund Inven Capital is expanding its portfolio of investments with the British start-up Ember, that takes a complex approach to ensuring emission-free intercity transport service. They combine ecological vehicles, on the development of which they actively cooperate with manufacturers, with their own charging infrastructure powered primarily by renewable resources, and unique tech platform, which optimizes routes, charging and vehicle utilization. Ember is not only looking to grow the fleet of all-electric buses connecting the cities of Edinburgh, Perth, Glasgow and Dundee, but is also considering expanding to other areas. In the investment round co-led by Inven Capital, Ember raised 11 million GBP from investors for further development.

26. 3. 2024

Sustainibility and ESG
Environment and renewable resources
ČEZ ESCO

A unique Israeli cooling system in Hodonín saves 57 million cubic metres of water every year, reducing its consumption by 97%

* The Hodonín power plant stabilises year-round supply of electricity and heat
* This will be enabled by a new water-cooling method, using air in ventilator towers
* The currently employed flow-through cooling, using water from the river, had limited capacity, particularly in summer
* Biomass burning, which commenced in 2009, is now the main fuel
* The cross-border supply of heat to Holíč, Slovakia is unique European terms

After several months of testing, the brand-new cooling system at the Hodonín power plant has been transitioned into a one-year trial run. The advanced Israeli cooling-tower technology will cut cooling-water consumption by 97%, from 59 million cubic metres to less than 2 million per year. The ventilator cooling tower is broken up into 4 cells, each up to only 12.5 metres high, so that the facility does not disrupt the skyline. The Hodonín power plant is a low-emission ČEZ source that started to burn biomass in 2009.

20. 3. 2024

Sustainibility and ESG
Environment and renewable resources
Foreign activities

CEZ Group Improves ESG Rating from CDP: Now Has a B for Climate Change and B- for Water

CEZ Group has improved its ESG rating with CDP, one of the world's leading organisations focused on assessing public administration and companies from a sustainability perspective. In the key area of tackling climate change, CEZ has scored a B, an improvement of two ranks since 2021. CDP rates companies in terms of climate change, water security and preventing deforestation for around 750 investors from around the world.

27. 2. 2024

Sustainibility and ESG
Environment and renewable resources
Foreign activities

CEZ one of first companies in Czechia to comprehensively monitor the impact of its business on nature

CEZ Group has joined the approximately 1,000 companies around the world that will assess the impact of their business on the environment, landscape, ecosystems, and biodiversity in accordance with the recommendations and assessment criteria of the Task Force on Nature-related Financial Disclosures (TNFD). At the end of last year, the TNFD released a methodology for companies to financially assess not only their impacts on nature, but also the financial benefits of functional ecosystems for their business. Some investors and financial institutions already require companies to quantify their impacts, and such reporting is also included in the European legislation on sustainability (the CSRD). A list of all the initial supporters who have pledged reporting in accordance with the TNFD, as CEZ has done, was published at the current meeting of the World Economic Forum in Davos.

16. 1. 2024