Press releases pg. 7

The annual reduction of greenhouse gas emissions has been a tradition at the ČEZ Group for several years now, last year being no exception. The ČEZ Group succeeded in reducing emissions of greenhouse gases by 15% year-on-year, meaning a reduction of one-fifth in the past three years. Alongside its progressing decarbonisation, the company increased the generation of energy from renewable sources by more than 7% and accelerated the construction of public charging points for electric cars by 50%. The current Sustainable Development Report maps out the individual steps that ČEZ has taken on the road to clean energy. The report also defines ambitious targets for the future within Vision 2030 Clean Energy for Tomorrow, which was announced this year.

The Berlin company Forto, whose last round of $ 50 million funding was led by the CEZ Group's Inven Capital fund last autumn, has now achieved a valuation over $ 1.2 billion, becoming a so-called unicorn after five years of existence. The rapidly growing start-up in logistics has received $ 240 million from experienced global players such as Softbank, Citibank or G Squared, and current investors are increasing their investments in the company. Forto operates in Europe and Asia, has about 2,500 customers and over 500 employees. By 2025, Forto wants all transport to be climate neutral.

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.

While Porsche’s electric models break one speed record after another around the world, the brand’s dealerships are also preparing for a new era in individual transport. The branch network of the Porsche Inter Auto Group in the Czech Republic is no exception: it will build facilities for its electromobility future with the assistance of ČEZ ESCO. The contract includes the construction and servicing of charging infrastructure at all Porsche branches of the Porsche Inter Auto CZ network of dealerships. The first was the Porsche dealership at Prague – Prosek, where Turbo charging stands run with the backing of a special battery store with a capacity of 320 kW.