SBTi approved CEZ Group’s science-based targets

The SBTi has assessed CEZ Group's submission and has approved the targets. CEZ Group submitted two targets for review by the SBTi. These targets were assessed against the SBTi's quantitative and qualitative criteria and have been validated in accordance with the SBTi validation protocol. The two proposed targets were found to meet all criteria in terms of timeframe, emissions coverage, and ambition. The Science Based Targets initiative (SBTi) mobilizes companies to set science-based targets and boost their competitive advantage in the transition to the low-carbon economy. It is a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).