Sustainability in CEZ Group
We build energy that is reliable, affordable and friendly to people and the environment. We seek and offer the best technology solutions to help households be energy self-sufficient and efficient, businesses reduce their carbon footprint, and communities create smart, sustainable cities and municipalities. We believe that by working together we can create a new era of sustainable energy. We are CEZ - the Clean Energy of Tomorrow.
Daniel Beneš
Chief Executive Officer and Chairman of the Board of Directors of ČEZ, a. s.
Download our latest Annual Financial Report 2024
In line with our VISION 2030 strategy, we strive for a transition to a future emission-free energy and aim to achieve climate neutrality by 2040. Since 2019, we have reduced the installed capacity of coal-fired power plants by 2.4 GW. This new energy is associated with the need for flexibility. We are investing in gas capacities, preparing for hydrogen combustion, and increasing the installed capacity of electricity storage.
Thanks to a strategic partnership with Rolls Royce SMR, we are now participating in the development of small modular reactors. We also started negotiations with KHNP regarding the construction of new nuclear units in Dukovany, including the possibility of concluding binding options for the construction of more units in Temelín.
We invested a record CZK 18.2 billion in strengthening networks, digitization, and developing smart grids in 2024 to enable the transition of the Czech energy sector to zero emissions. Last year, ČEZ Distribuce connected a total of 647 MW of photovoltaic sources.
EPC (Energy Performance Contracting) projects saved our customers CZK 407 million, which represents 44,300 t of CO2e. The total guaranteed savings in all ČEZ ESCO projects to date reach over CZK 2 billion.
The award to the best companies on the Czech market is traditionally awarded by the Employers‘ Club according to the internationally recognized PwC methodology. We also score in other surveys, where high school and university students vote for us.
In 2024, we concluded a record-high 67 scholarship agreements with secondary school and university students. Education and development of young talents is one of the prerequisites for the successful transformation of the Czech energy sector.
The ČEZ Foundation doubled the money to CZK 8.3 million. In 2024, the ČEZ Foundation supported 2,041 projects with an amount of CZK 352.6 million.
ČEZ Prodej customer call and contact centers won a silver medal in the global Contact Center World competition, organized by the Canadian National Contact Point association.
Sustainalytics assessed our improvement by reducing our risk score. In the CSR Hub aggregated rating, we improved our score from 74% (2019) to 94% (2024). EcoVadis awarded us a gold medal for sustainability, a recognition given to only the top 5% of companies.
The recertification audit (reaudit) successfully verified the cybersecurity of our nuclear power plants according to ISO 27001. Cybersecurity is the topic of numerous workshops that we participate in and that increase the knowledge of all stakeholders.
CEZ Group has become a member of the prestigious World Business Council for Sustainable Development, which brings together more than 230 global companies. The organization can only be joined by direct invitation.
Both Czech nuclear power plants received international ISO 14001 certification for environmental management. We have also successfully renewed our certification of the anti bribery management system according to the ISO 37001 standard. Our management systems are also certified according to other standards.