Press releases pg. 6

Floor coverings, durable coatings for kitchen appliances, and pharmaceuticals – that is just a small example of the broad range of applications for the products of SPOLCHEMIE, a Czech chemical company with a 165-year history, which relies on ecology, modernises its production processes, and reduces its carbon footprint. A newly concluded contract with ČEZ ESCO for the supply of emission-free electricity will help the company achieve “greener” production. From now through to the end of 2024, SPOLCHEMIE will purchase more than 900 GWh of electricity generated in Czech nuclear power plants. The interest in clean electricity among large companies is also growing in connection with meeting European climate commitments.

ČEZ Group and Komerční banka today announced their strategic partnership for sustainability. The country’s largest energy company and one of the largest Czech banks will work together to reduce their climate footprint as well as their customers’ emissions, thereby helping the Czech Republic on its way to meeting the 2030 European climate targets, a stricter version of which was put forward by the European Commission this summer. Both companies have ambitious plans in this area: Komerční banka wants to become carbon neutral by 2026 and ČEZ Group plans to reduce the use of coal to a minimum by 2030, replacing it with low-emission and renewable sources in power generation. The first step in the cooperation of the two companies is an innovative model for installing rooftop photovoltaic power plants at customers’ sites. Komerční banka has also begun purchasing electricity from renewable sources from ČEZ ESCO.

The ORLEN Unipetrol Group continues expanding the offer of its Benzina ORLEN network with electricity from fast-charging stations. They can recharge e-car batteries with zero-emission electricity in tens of minutes. In addition, Benzina ORLEN offers eco-friendly energy from ČEZ green stations in ten regions throughout the Czech Republic. Last year, drivers charged up with as much energy as would enable 40 trips around the world.

ČEZ has intensified its transition to future emission-free energy. This is in line with its strategy that primarily aims at transforming its production portfolio to low emissions by 2030, becoming carbon neutral by 2050, and offering the best energy solutions and customs experience in the market. Vision 2030, referred to as the Clean Energy of Tomorrow, confirms CEZ Group’s ambition to be a leader in sustainable development in the Czech Republic as well as in the entire Central Europe.