CEZ Group Continues to Reduce Emissions, Water Consumption, and Waste Production

CEZ Group's 2021 Sustainability Report maps over 200 indicators in various areas, including environmental protection, social and employee issues, respect for human rights, and the fight against corruption. The report reveals significant reductions in greenhouse gas emissions, water consumption, and waste production. "The Sustainability Report is a key basis for rating agencies to assess our progress in ESG areas, so we have given it the utmost attention and care," says Kateína Bohuslavoví, Chief Sustainability Officer of CEZ Group.

Key Takeaways:

• CEZ Group reduced greenhouse gas emissions in all three categories defined by the GHG Protocol standards: Scope 1 emissions by 19% year-on-year, Scope 2 emissions by 57%, and Scope 3 emissions by more than 6 million tonnes.
• The total emission intensity per unit of electricity and heat produced dropped by 13%.
• CEZ Group achieved significant success in the ESG area over the past year, rising by two levels to AA in the rating of global analytical and investment company MSCI and improving in the US financial company S&P Global rating.
• CEZ was the first Czech company to obtain official validation for its climate targets from the expert organization SBTi.
• The company reduced SOx by 45%, NOx by 26%, and particulate matter by 37%.
• CEZ Group reduced waste production, water consumption, and energy consumption.
• The company made progress in the areas of Social (e.g., reduction of the number of workplace accidents) and Governance (e.g., meeting international standards for information and cyber security).
• CEZ Group's activities are classified according to the EU taxonomy for the first time, focusing on two of the six environmental objectives: climate change mitigation and adaptation.

Statistics:

• CEZ Group reduced greenhouse gas emissions in Scope 1 by 19% year-on-year.
• CEZ Group reduced greenhouse gas emissions in Scope 2 by 57%.
• CEZ Group reduced greenhouse gas emissions in Scope 3 by more than 6 million tonnes.
• The total emission intensity per unit of electricity and heat produced dropped by 13%.
• SOx emissions reduced by 45%.
• NOx emissions reduced by 26%.
• Particulate matter emissions reduced by 37%.
• CEZ Group reduced waste production.
• CEZ Group reduced water consumption.
• CEZ Group reduced energy consumption.

Sources:

• CEZ GROUP
• Global Reporting Initiative (GRI)
• Sustainability Accounting Standards Board (SASB)
• World Economic Forum (WEF)
• MSCI
• S&P Global
• SBTi
• EU taxonomy