Press releases pg. 3

CEZ Group's plans to achieve net-zero by 2040 have been validated by the globally recognised SBTi expert initiative. CEZ already received confirmation last year of its near-term climate goals set out in the Vision 2030 - Clean Energy for Tomorrow strategy. They now become the first Czech company with a confirmation that their long-term plan is sufficiently ambitious and in line with the Paris Agreement to limit global warming to 1.5°C. International verification of decarbonisation targets is increasingly being requested by banks, insurance companies and investment funds. This year, CEZ expects the emission intensity to decrease by 7% in comparison with last year.

The shuttle service providing a connection between the Budějovická (C) metro station and Brumlovka is 100% electric. Two SOR electric buses have been in operation since February 2016, and a third electric bus started operation in September of this year. The reliable emission-free vehicles have travelled more than 300,000 km in over 7 years, which is equivalent to circumnavigating the world eight times. These are the first free electric buses that have been put into normal operation in Prague’s public transport. Passengers appreciate their quiet and smooth ride and the possibility of connecting to Wi-Fi for free.

Eemshaven was the very first terminal for liquefied natural gas put into operation in Europe after the start of the war in Ukraine. The facility can process up to eight billion cubic metres of gas a year, of which up to three billion are destined for the Czech Republic, a volume equal to more than a third of the country’s annual consumption. The multinationals Shell and Engie also use the terminal besides CEZ. No Russian gas has ever arrived at the terminal, one of the specific conditions in the tender.

CEZ Group succeeded in the global Sustainable Company Awards 2023 competition run by Environmental Finance, a professional portal focused on providing comprehensive information, expert studies and educational materials related to sustainability. CEZ won in two categories: Sustainability reporting of the year and Sustainable business leader of the year.