CEZ AS 2018 AR2
The report highlights CEZ Group's financial and operational performance for the fiscal year 2018, during which the company achieved a net income of CZK 10.5 billion and operating revenues of CZK 184.5 billion. CEZ Group continued its transition toward clean energy, with more than half of its generated electricity originating from zero-emission sources, and committed to achieving carbon-neutral electricity generation by 2050. The company expanded its smart energy solutions and comprehensive energy services (ESCO) through acquisitions in Czechia, Slovakia, and Germany, including the Elevion and Kofler Energies groups. Additionally, CEZ Group invested CZK 26.4 billion in capital expenditures, focusing on the modernization of distribution grids and environmental upgrades to conventional facilities to meet stricter emission limits.
Company: CEZ AS
Sector: Energy utilities
Country: Czech Republic
Year: 2018
Type: AR2
Pages: 374
Back to company
CEZ AS
Annual Report
The report highlights CEZ Group's financial and operational performance for the fiscal year 2018, during which the company achieved a net income of CZK 10.5 billion and operating revenues of CZK 184.5 billion. CEZ Group continued its transition toward clean energy, with more than half of its generated electricity originating from zero-emission sources, and committed to achieving carbon-neutral electricity generation by 2050. The company expanded its smart energy solutions and comprehensive energy services (ESCO) through acquisitions in Czechia, Slovakia, and Germany, including the Elevion and Kofler Energies groups. Additionally, CEZ Group invested CZK 26.4 billion in capital expenditures, focusing on the modernization of distribution grids and environmental upgrades to conventional facilities to meet stricter emission limits.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Apr 18, 2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Net Zero Target
Employees