Sustainability in CEZ Group
As a leading European energy company, we are committed to setting an example and making the energy sector sustainable, greener and friendlier to our planet. We strive for more diversity, for closer cooperation with communities and to always offer the best technological and energy-saving solutions to our customers. We are CEZ – Clean Energy of Tomorrow.
Daniel Beneš
Chief Executive Officer and Chairman of the Board of Directors of ČEZ, a. s.
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CEZ Group's plans to achieve climate neutrality by 2040 have been endorsed by the globally recognized SBTi expert initiative. CEZ Group has received validation of its long-term goals to achieve climate neutrality by 2040, which are in line with the Paris Agreement to limit global warming to 1.5°C. It now becomes the first Czech company to have its ambition validated.
CEZ Group is among approximately 1,000 companies from around the world that will assess the impact of their business on the environment, landscape, ecosystems and biodiversity according to the recommendations and assessment criteria of the Task Force on Nature-related Financial Disclosures (TNFD).
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.
Dukovany and Temelín nuclear power plants increased generation by 1% year-on-year, achieving 31.02 TWh - the highest generation of emission-free energy in history.
Despite the energy crisis and natural gas shortage, CEZ Group decreased carbon intensity of heat and electricity generation by 1%.
PM by 23%, SO2 by 19%, NOx by 9%, and Hg by 37%.
CEZ Group and CEZ Foundation are generous corporate donors. Our financial donations reached CZK 368.2 million.
CEZ Group was awarded the title of TOP Large Responsible Company 2022.
97.6% of workforce is covered by Occupational Health and Safety Management Systems, and we met our annual target of zero fatalities in 2022.
CEZ Group is the first Czech company to launch a public online ESG library and data tool. The tool provides the most comprehensive data of all European utilities.
CEZ Group issued its first SDG Report and TCFD Report.
CEZ Group is the first Czech supporter of the CEO Water Mandate Initiative, committing to responsible water stewardship.