See total ranking

CEZ Group

ČEZ Group is a publicly listed company headquartered in Prague, Czech Republic, with 69.78% shares owned by the government. In 2020, its revenue was USD 9.2 billion and installed capacity was 13 Gigawatts (GW). ČEZ Group is reducing its coal capacity and developing its nuclear and renewable sources. More ambitious targets are required to align with a 1.5°C pathway.

Ranking position
#24/50
Total score
37.1/100
Performance score
10.6/20
Narrative Score
ABCDE
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank (0-50)

Targets

#1 2.7 / 4 #16

Material Investment

#1 3.5 / 7 #10

Intangible Investment

#1 1.0 / 2 #1

Management

#1 1.2 / 4 #35

Policy Engagement

#1 0.2 / 1 #39

Business Model

#1 2.0 / 2 #1

Leading practices

Risks and opportunities

Trend

ČEZ receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. ČEZ Group’s emissions reduction rate is not aligned with its 1.5°C pathway as the projected annual decrease is 6%, while the company needs to decrease its emissions by at least 13% annually. In 2020, ČEZ Group invested only 4% of its growth CapEx in low-carbon electricity generation and plans to maintain this share at about 6% from 2021 to 2025. The company’s progress towards decarbonisation will also be limited by its long-term commitment to natural gas.

Progress towards the Paris Agreement

Just Transition Assessment

In this report, we present five key thematic findings showing how 180 companies can increase their ambition towards a transition to a low-carbon future that is just and equitable for the people and communities at risk of being affected by it.

See results for

  1. 2020

More about the company

Headquarters
Prague, Czech Republic
Group revenue (2020)
USD 9.2 billion
Ownership
Publicly listed, with 69.78% shares owned by government of Czech Republic
Installed capacity (2020)
12.9 GW
Website
https://www.cez.cz/en/home.html

This company is part of the SDG2000, the 2.000 most influential companies

See company profile