CEZ as

CEZ as

Community score

-0.87 -55
Industry: Electric Utilities
Listing country: Czech Republic
Year added: 2022

ČEZ, a.s., also known as České Energetické Závody, is a prominent energy corporation in the Czech Republic, established in 1992 after state-owned energy operations were restructured. The headquarters of ČEZ is situated in Prague. Several business segments comprise the core of ČEZ's operations, such as Electricity Generation, which incorporates both conventional sources like coal and nuclear, and renewable sources like hydroelectric, wind, solar, and biomass. The company's involvement also spans Electricity Distribution, managing the power supply network to customers within the Czech Republic. Furthermore, ČEZ engages in the sale of electricity and heat to its consumers and operates within the coal mining sector to procure fuel for its power generation. ČEZ's presence in the market extends through various important brands, including ČEZ Prodej and ČEZ ESCO – tied to energy sales and services, and ČEZ Distribuce, associated with electrical power distribution. While the Czech Republic is the central market for ČEZ, the company's operations and investments are active across multiple countries in Central and Southeastern Europe. Its international reach includes Germany, Poland, Bulgaria, Romania, and Turkey, with further interests and projects extending beyond Europe. (Powered by AI)

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CEZ as

Energy production using electricity-generation sources (gas, nuclear, solar, hydro, wind) consistently has an impact on natural areas, ranging from killing animals to habitat destruction1. Wind, hydro, and solar power development degrades habitats...

Abdulmajeed V. February 29th, 2024
20 ratings
CEZ as

Generation of electricity from non-renewable sources, such as fossil fuels, results in emissions of carbon dioxide (CO2) and nitrogen oxides, which can cause global warming and air pollution1,2. In 2022, global energy-related GHG emissions totaled...

Toluwalope T. January 18th, 2024
22 ratings
CEZ as

Every year, the ILO estimates that 2.3 million people die due to work-related accidents or diseases around the world; this equates to almost 6,000 deaths every single day1. The utility business is among the risky sectors to work in, with a serious...

Toluwalope T. December 7th, 2023
46 ratings
CEZ as

To ensure strong institutions and the well-being of society, governments spend a considerable amount of the state's budget on public goods and services, which are funded through taxes paid by individuals and corporations1. Corporate taxes accounte...

Ramee B. November 27th, 2023
16 ratings
CEZ as

In 2022, 3.3 Bn people were employed globally1. Job creation is crucial for society, as well as for the economy2. Job creation also offers prospects for personal development and encourages social integration3. Increased employment leads to healthy...

Abdulmajeed V. January 17th, 2024
20 ratings
CEZ as

Discrimination makes it harder for minorities to meet basic financial requirements1. People are often discriminated against based on age, race, ethnicity, etc2. Increasing minority representation improves their economic and psychological health co...

Damola D. September 10th, 2023
30 ratings
CEZ as

Electricity has been reported to change the world, create jobs, impact medical care, and so on1. Energy poverty is defined "as having to pay above 10% of the households’ income" in basic energy needs2;p2.

In the Czech Republic, the average resid...

Rasheed S. September 1st, 2023
22 ratings
CEZ as

Every year, about 4 trillion (Tr) cubic meters (m3) of water is used worldwide1. Only 3% of the total available water on earth is freshwater, and only 0.5% is available for human consumption2. Prolonged water stress causes mass migration and natio...

Muhammad S. July 19th, 2023
26 ratings
CEZ as

Globally, ~2 billion (Bn) tonnes (t) of waste is produced annually & only 13.5% is recycled1. Nearly 400 million (Mn) t of hazardous waste is produced worldwide every year2. Around 40% of the global waste is not managed properly and gets discarded...

Rebecca L. July 18th, 2023
132 ratings
CEZ as

As per the ILO, gender balance is defined as 40-60% of either gender in any corporation1;pxii. Women's underrepresentation negatively affects their earning negotiations, hiring, etc., impacting their stand in society2. Equality is a ladder through...

Bolu F. July 4th, 2023
62 ratings

Most negative / positive SDG

+4.00
-3.90