CEZ Second in Sustainability Ranking 2023
CEZ was awarded second place in the inaugural run of Sustainability Ranking organized by the magazine Ekonom, PwC, and the Confederation of Industry of the Czech Republic.
The Ekonom Sustainability Ranking is an independent assessment of companies based on a questionnaire about their sustainability strategy or project. The questionnaire covers all three pillars of ESG. The assessment is based on expert criteria and verification of the information provided by the company.
The jury appreciated that CEZ strategy is based on scientific methods and methodologies and uses understandable terminology. In particular, the jury appreciated the comprehensiveness of the data underlying the company’s ESG strategy and the format in which the data are available to the public. The linking of the company’s ESG goals to remuneration, which is still rarely seen in the Czech context, also deserves attention.