CEZ Group  
Sustainability Report
2022

2
Contents
	
Statutory Declaration	
4
1  	
Foreword	
7
1.1.	
Statement from the CEO	
7
1.2.	
Statement from the CSO	
10
2  	
Introduction	
13
2.1.	
CEZ Group Business Environment	
13
2.1.1.	
CEZ Group’s Mission and Vision	
13
2.1.2.	
Strategic VISION 2030—Clean Energy 
	
of Tomorrow	
13
2.1.3.	
ESG and Sustainable Development Social 
	
Objectives	
14
2.2.	
Stakeholder Engagement and Materiality Matrix	
15
2.2.1.	
Stakeholder Engagement	
15
2.2.2.	
Materiality Assessment	
15
2.2.3.	
Materiality Matrix	
16
3  	
Environmental	
19
3.1.	
Decarbonization	
21
3.1.1.	
Scope 1	
22
3.1.2.	
Scope 2	
24
3.1.3.	
Scope 3	
24
3.1.4.	
Emission Intensity Reduction	
25
3.1.5.	
Ozone-Depleting Substances	
26
3.2.	
Waste, Emissions and Pollution	
27
3.2.1.	
Emissions of Pollutants	
27
3.2.2.	
Air Pollution Monitoring	
29
3.2.3.	
Resources Used/Materials	
29
3.2.4.	
Waste and Natural Resources	
30
3.3.	
Water Protection, Landscape Conservation, 
and Environmental Management	
34
3.3.1.	
Water Management	
34
3.3.2.	
Biodiversity	
37
3.3.3.	
EMS - Environmental Management System	
39
3.4.	
Energy Transition	
41
3.4.1.	
Transition to Renewable Energy: Hydro, 
	
Wind and Solar	
42
3.4.2.	
Transition to Emission-Free Energy: Nuclear Power	
43
3.4.3.	
Transition to a Cleaner Energy: Gas	
43
3.5.	
Innovative Solutions	
44
3.5.1.	
ČEZ ESCO	
44
3.5.2.	
Smart Cities and Digitalization	
44
3.5.3.	
Research and Development	
45
3.5.4.	
Inven Capital	
45
3.5.5.	
Partnerships for Innovation	
46
3.5.6.	
E-mobility	
46
3.5.7.	
Energy Consumption and Reduction 
	
of Energy Intensity	
47
4  	
Social	
51
4.1.	
Community Relations	
53
4.1.1.	
Corporate Citizenship	
53
4.1.2.	
Human Rights	
55
4.2.	
CEZ Foundation	
56
4.2.1.	
Programs and Activities of CEZ Foundation in 2022 	
56
4.3.	
Human Capital	
57
4.3.1.	
Responsible Employer	
57
4.3.2.	
Employee Training and Development	
61
4.3.3.	
Security Personnel Trained in Human Rights 
	
Policies or Procedures	
65
4.3.4.	
Training of Suppliers and Contractors	
65
4.3.5.	
Requalification	
65
4.3.6.	
Health and Safety	
67
4.4.	
Customer Orientation	
73
4.4.1.	
Approach to Customers	
73
4.4.2.	
Net Promoter Score	
75
4.4.3.	
Digitalization	
76
4.4.4.	
Ombudsman	
76
CEZ Group      Sustainability Report 2022

3
5  	
Governance	
78
5.1.	
CEZ Group Corporate Governance	
80
5.1.1.	
Governance Bodies	
80
5.1.2.	
Sustainability Governance and ESG Management	
81
5.2.	
Climate-Related Risk Management and TCFD	
84
5.3.	
Diversity and Equal Opportunity	
86
5.3.1.	
Women in Leadership Positions	
87
5.3.2.	
Gender Pay Gap	
88
5.4.	
Business Conduct	
89
5.4.1.	
Code of Conduct and Ethics in CEZ Group	
89
5.4.2.	
Sustainable Supply Chain	
93
5.4.3.	
Tax Governance	
95
5.4.4.	
Cyber Security and Information Privacy	
96
5.5.	
Asset Management	
101
5.5.1.	
Renewable and Conventional Energy	
101
5.5.2.	
Nuclear Energy	
103
5.5.3.	
Distribution System	
104
6.	
EU Taxonomy KPI Report	
107
6.1.	
General Principles	
108
6.2.	
Contextual Information – Methodology 
	
and Implementation in CEZ Group	
109
6.3.	
Technical Screening of Economic Activities 
	
in 2022	
110
6.3.1.	
Renewable Energy	
110
6.3.2.	
Transitional Energy – Natural Gas and Nuclear	
111
6.3.3.	
Infrastructure Activities	
112
6.3.4.	
Energy Services and Other Eligible Activities	
113
6.3.5.	
Do No Significant Harm (DNSH) Adaptation	
114
6.3.6.	
Social Safeguards	
114
6.4.	
KPI Revenues	
115
6.4.1.	
KPI Revenue - Additional Information	
116
6.5.	
KPI CAPEXt	
117
6.5.1.	
KPI CAPEXt – Additional Information	
118
6.6.	
KPI OPEXt	
119
6.6.1.	
KPI OPEXt – Additional Information	
120
6.7.	
Noneligible Activities	
121
6.8.	
Disclosure According to Annex 12 
	
of Regulation 2021/2178	
122
7	
GRI Content Index a Non-Financial 
	
Data 2022                     	
125
7.1. 	
Selected Indicators	
126
7.2. 	
Other indicators	
135
7.3. 	
Biodiversity Indicators	
145
7.4. 	
GRI Content Index	
151
7.5. 	
SASB Index 	
155
7.6. 	
WEF Index	
156
7.7. 	
TCFD Index	
157
Abbreviations	
159
Independent Auditors’ Reports	
162
CEZ Group      Sustainability Report 2022      Contents

4
To the best of our knowledge, the Sustainability Report gives an 
accurate and fair overview of the non-financial data for 2022, 
sustainable business strategy, and targets set for the future 
development of CEZ Group.
Prague, May 29th, 2023
 
Statutory Declaration
Daniel Beneš
Chairman of the Board of Directors 
ČEZ, a. s.
Pavel Cyrani
Vice-Chairman of the Board of Directors
ČEZ, a. s.
Kateřina Bohuslavová
Chief Sustainability Officer
of CEZ Group
CEZ Group      Sustainability Report 2022

We are CEZ
We  are  Clean  Energy   
of  Tomorrow  for   
a  self-sufficient   
and  healthy  country

7
Dear stakeholders, 
I am pleased to present to you the 2022 Sustainability Report 
of CEZ Group. This Report was prepared based on data known 
as of May 15, 2023.  
 
Despite the unprecedented energy crisis following the Russian 
military invasion of Ukraine, we have worked hard to meet our 
sustainability goals and social commitments towards a more 
sustainable future. As a leading energy company, we recognize 
our responsibility towards the environment and society. We 
are committed to delivering sustainable solutions that balance 
economic, social, and environmental aspects. We believe 
that by operating sustainably, we can create value for all 
stakeholders and contribute to a better world.
 
Year 2022 brought on an unimaginable security risk and 
uncertainty in Europe. Although the war negatively affects 
European and other energy sectors and threatens European 
climate goals, we remain determined to reach our mid-term 
and long-term targets and commitments defined in the 
strategic VISION 2030. We have worked tirelessly to ensure 
a self-sufficient, stable, and secure energy supply for our 
customers.
 
The energy crisis exacerbated by the war led to an 
unprecedented growth in costs of generating electricity, which 
led to extreme energy prices in the market. In August 2022, 
the market price of electricity reached almost 1,000 € per 
MWh, a ten-fold year-on-year increase. This situation made 
it absolutely clear that security and stability of supply and 
increase in self-sufficiency must be a top priority. CEZ Group 
had to take immediate emergency measures to ensure energy 
security of Czechia. I am proud that together with the Czech 
government, we managed to secure a significant capacity 
at the liquefied natural gas (LNG) terminal in Eemshaven, 
the Netherlands, including the transport routes to Czechia. 
This was in June, only four months after the invasion started. 
ČEZ, a. s., can import up to three billion m3 of gas per year 
for five years, which amounts to one third of the Czech gas 
consumption. We have also made progress in preparing for 
construction of a steam-gas power plant in Czechia, securing 
a favorable statement from Environmental Impact Assessment. 
In the future, this plant will substitute the capacity of coal-fired 
plants in Mělník.
 
We are actively pursuing decarbonization through the 
reduction of our emission intensity. In 2022, CEZ Group’s 
emission intensity reached 0.29 tCO2e/MWh and decreased 
slightly year-on-year despite the energy crisis and the need to 
temporarily increase secure energy supplies. All our medium-
term targets for reducing coal-fired generation, including the 
ambition to reduce emission intensity below 0.26 tCO2e/MWh 
in 2025, are valid. We were the first energy company in Central 
and Eastern Europe to issue sustainability-linked bonds, which 
are linked to our decarbonization targets and demonstrate our 
commitment to sustainable financing. 
 
We are proud to have achieved record nuclear generation of 
31 TWh in 2022, which covered almost half of Czech demand 
and contributed to the solution of the energy crisis with 
minimal additional CO2 emissions. We also started a public 
tender for building a new nuclear unit in Dukovany, which we 
plan to put into pilot operation no later than 2036. We have 
secured new non-Russian suppliers of nuclear fuel for Temelín 
and Dukovany from 2024, and we accelerated the project 
for small modular reactors (SMRs). The first SMR could be 
launched in Temelín already in 2032.
 
We publicly announced our goal to reach climate neutrality by 
2040. While our near-term target has already been validated 
by the SBTi, this long-term goal is aligned with 1.5°C ambition, 
and we are awaiting its validation in 2023. We also signed 
the Memorandum of Cooperation in Climate Protection and 
Energy with the Czech Ministry of the Environment.
 
In 2022, we continued to invest in renewable energy, energy 
efficiency, and other sustainable solutions. We expanded 
our portfolio of wind and solar projects. ČEZ Distribuce 
connected 21,487 photovoltaics with installed capacity of 
188 MW, and ČEZ Prodej installed 4,102 roof photovoltaics in 
Czech households, which is a six-fold increase over the past 
two years. We also invested in energy storage, electric vehicle 
charging infrastructure, and smart grid technologies 
to improve the efficiency and reliability of our grid.
 
1 Foreword
1.1. Statement from the CEO
GRI 2-22
CEZ Group      Sustainability Report 2022

8
In 2022, CEZ Group joined the United Nations Global Compact. 
We also joined the Global Compact’s CEO Water Mandate as 
the first Czech corporation, committing to responsible use 
and protection of water sources. We are also committed to 
the United Nations Sustainable Development Goals (SDGs) 
and have aligned our sustainability strategy with them. In 
Environmental, our focus is on two goals: SDG 7 – Affordable 
and Clean Energy and SDG 13 – Climate Action. In Social, we 
support SDG 8 – Decent Work and Economic Growth and SDG 
10 – Reduced Inequalities. In Governance, we focus on SDG 
5 – Gender Equality and SDG 16 – Peace, Justice, and Strong 
Institutions. We believe that by contributing to these goals, we 
can create a positive impact on society and the environment.
 
In addition to our sustainability efforts, we are also committed 
to good corporate governance and responsible business 
practices. We have a zero-tolerance policy towards corruption 
and ensure that all our operations are conducted in an 
ethical and transparent manner. We prioritize the safety and 
wellbeing of our employees. In 2022, ČEZ, a. s., was given the 
First Degree of the Health Promoting Enterprise Award by 
the National Institute of Public Health. We signed the Pride 
Business Forum Memorandum with a commitment to be 
a safe, diverse, and inclusive employer. We are preparing to 
join Women’s Empowerment Principles to support equality of 
women in the workforce, on the market, and in communities.
 
We recognize that sustainability is a shared responsibility, 
and we are committed to working with all stakeholders to 
achieve our goals. We communicate with them openly and 
transparently. That is why we launched a new sustainability 
web, where we share our policies, commitments, targets, and 
progress in the Document Library. We also shared almost 
800 key indicators in an Interactive Data Tool. The data from 
this year’s Sustainability Report will bring that number to over 
a 1,000. 
 
Our efforts have been recognized by the ESG community. 
We have significantly improved ESG ratings of CEZ Group. 
We continue to actively communicate our progress and we 
are working hard on filling even the smallest gaps we have 
identified. We also strive to keep up with current scientific 
knowledge, and we implement a data-based approach to 
the governance of our sustainable agenda. To this end, all 
the Members of the Board are required to complete certified 
sustainability programs. In 2022, they all participated in 
executive sustainability education from Berkeley Law, Diligent 
Institute, and University of Economics and Business in Prague.
Finally, we understand that the journey to sustainable business 
never ends. That is why we continuously update our ESG 
program and define new ESG initiatives. In 2023, we will focus 
on implementing new European Sustainability Reporting 
Standards; we will map our supply chain in greater detail; we 
will define a new stakeholder dialogue management process; 
we will make our management of climate risks more granular; 
and we will focus on protecting biodiversity. We will continue to 
engage with our customers, suppliers, communities, and other 
stakeholders to understand their needs and expectations and 
incorporate their feedback into the sustainability strategy of 
CEZ Group.
Daniel Beneš
Chairman of the Board of Directors 
and Chief Executive Officer, 
ČEZ, a. s.
CEZ Group      Sustainability Report 2022      Statement from the CEO

10
Dear readers,
I am happy to present to you the CEZ Group 2022 Sustainability 
Report. Sustainable development and social responsibility are the 
basis of the current corporate strategy specified in VISION 2030—
Clean Energy of Tomorrow. We report CEZ Group's development 
and progress in sustainability in all three ESG areas: Environmental, 
Social, and Governance. The main events of the year have already 
been summarized by the CEO in the introductory chapter, so 
I will focus on defining the standards and procedures in the 
preparation of the entire Report.
 
The CEZ Group 2022 Sustainability Report is issued in line with 
Directive 2014/95/EU of the European Parliament and of the 
Council on Non-financial Reporting and its implementation into 
Czech legislation through an amendment to the Accounting Act. 
It presents the Group’s non-financial data from January 1, 2022, 
to December 31, 2022. The Sustainability Report is a consolidated 
non-financial report of CEZ Group; the list of fully consolidated 
entities is defined on page 103 of CEZ Group 2022 Annual 
Financial Report.
 
The Sustainability Report is prepared in line with globally 
recognized reporting frameworks to meet the highest 
transparency standards. We apply universal Global Reporting 
Initiative (GRI) Standards 2021, the Sustainability Accounting 
Standards Board’s (SASB) standard for electric utilities and power 
generators, and the World Economic Forum (WEF) metrics and 
disclosures. We report Greenhouse Gas (GHG) emissions in line 
with independently verified emissions under the EU Emissions 
Trading System (EU ETS) for a substantial part of Scope 1. We use 
GHG Protocol for the remaining part of Scope 1, Scope 2, and 
Scope 3. 
 
As a new participant in United Nations Global Compact (UNGC), 
we will file our Communication on Progress against the Ten 
Principles in 2023. We also support all 17 Sustainable Development 
Goals (SDGs), focusing in more depth on six selected as 
particularly relevant to our business: SDG 5, 7, 8, 10, 13, and 
16. While some references to the SDG framework are made 
throughout this Report, and the SDG index is included, we have 
published a separate SDG Report with more details.
 
As the first Czech supporter of the Task Force on Climate-related 
Financial Disclosures (TCFD), we include a section on climate 
risk management and a TCFD index. However, for more detailed 
information, please refer to our separate TCFD Report.
 
We report key performance indicators defined by the EU 
taxonomy. While last year’s report included high level data, this 
year we disclose more granular details including meeting technical 
criteria for sustainable activities.
 
This Report is prepared in the Czech and English languages. 
In case of discrepancies, the Czech version takes precedence. 
All financial data are reported in Czech Crowns (CZK).
 
Bureau Veritas (BV) has provided external reasonable assurance 
of the following three key performance indicators: 
	 Scope 1 GHG emissions 
	 Scope 2 GHG emissions
	 Scope 3 GHG emissions
Ernst & Young (EY) has provided external limited assurance of 
eleven selected key performance indicators based on the GRI 
Standards:
	 Employees (by gender, by employment contract)
	 Work-related injuries (number of fatalities, number of work-
related injuries)
	 Programs for upgrading employee skills and transition 
assistance programs
	 Diversity of governance bodies and employees (by gender, 
by age)
	 Average hours of training per year per employee
	 Energy consumption within the organization (fuel consumption 
from non-renewable/renewable sources; energy sold)
	 Water withdrawal (focus on surface water)
	 Water discharge (focus on surface water)
	 NOx, SOx, and particulate matter (PM)
	 Waste generated
	 Significant spills
We have increased the scope of audited operations, which include 
the whole CEZ Group, not just Czech entities.
 
1.2. Statement from the CSO
GRI 2-5
CEZ Group      Sustainability Report 2022

11
BV’s independent assurance statement is on page 166 of this 
Report, and EY’s independent assurance statement is on page 
163 of this Report. We are committed to the highest transparency, 
accuracy, and accountability standards.
 
The Report has a complementary website dedicated to 
sustainability and ethics. For the latest data and supporting 
documents, please consult our publicly available and free-of-charge 
Document Library and Interactive Data Tool. The Interactive 
Data Tool provides hundreds of indicators and allows to explore 
historical trends. It has also been tested for digital accessibility 
to provide easy access and include users with disabilities.
 
I strongly believe that this Report and our website demonstrate 
our highest commitment to transparency and full disclosure. I also 
hope that the exploration of our sustainability journey will be an 
enjoyable experience.
Kateřina Bohuslavová
Chief Sustainability Officer
and the Head of ESG Office
of CEZ Group
CEZ Group      Sustainability Report 2022      Statement from the CSO

Skupina ČEZ      Zpráva o udržitelném rozvoji 2022
12
Zero fatalities
97.6% of workforce 
is covered by 
Occupational 
Health and Safety 
Management Systems, 
and we met our annual 
target of zero fatalities 
in 2022.
Reporting on SDGs 
and TCFD
CEZ Group issued its 
first SDG Report and 
TCFD Report.
Largest interactive 
data tool in Europe
CEZ Group is the 
first Czech company 
to launch a public 
online ESG library and 
data tool. The tool 
provides the most 
comprehensive data of 
all European utilities.
Lowering carbon 
intensity
Despite the energy 
crisis and natural gas 
shortage, CEZ Group 
decreased carbon 
intensity of heat and 
electricity generation 
by 1%.
TOP Large Responsible 
Company 2022
CEZ Group was 
awarded the title of 
TOP Large Responsible 
Company 2022.
Annual polluting 
emissions decreased
PM by 23%, SO2 by 
19%, NOx by 9%, 
and Hg by 37%.
Climate-neutral by 
2040
CEZ Group committed 
to climate neutrality 
by 2040, and CEZ 
Group corporate GHG 
emissions reduction 
target for 2030 was 
validated by the SBTi. 
Responsible water 
stewardship
CEZ Group is the first 
Czech supporter of the 
CEO Water Mandate 
Initiative, committing 
to responsible water 
stewardship.
CZK 368.2 million in 
donations
CEZ Group and CEZ 
Foundation are generous 
corporate donors. 
Our financial donations 
reached CZK 368.2 
million. 
Record-high emission-
free energy generation
Dukovany and Temelín 
nuclear power plants 
increased generation 
by 1% year-on-year, 
achieving 31.02 TWh - 
the highest generation 
of emission-free 
energy in history.
CEZ Group      Sustainability Report 2022

13
2.1.1. CEZ Group’s Mission and Vision
CEZ Group’s mission is to provide safe, reliable, and positive 
energy to its customers and society. CEZ Group’s vision is 
to bring innovations for addressing energy needs and help 
improve the quality of life.
Our accelerated strategy VISION 2030—Clean Energy of 
Tomorrow defines strategic objectives for 2030 in line with 
the EU’s decarbonization vision. Our strategy sets specific 
ambitions in social responsibility and sustainable development 
to maximize shareholder value.
2.1.2. Strategic VISION 2030—Clean Energy 
of Tomorrow
The main strategic priorities of our accelerated strategy—
VISION 2030 are:
1.	 Transform our generation portfolio to a low-emission one 
and achieve carbon neutrality;
2.	Provide the most cost-effective energy solutions and the 
best customer experience in the market;
3.	Develop CEZ Group responsibly and sustainably following 
ESG principles.
The basic premise is to continuously adjust the structure and 
operations of CEZ Group to meet the demands of investors, 
creditors, employees, and communities and to maximize the 
growth of shareholder value.
The main strategic objectives and commitments defined under 
the individual strategic priorities, including the ESG targets, are:
I. Transform our generation portfolio to a low-emission one 
and achieve climate neutrality by 2040
Our comprehensive objective is to transform our generation 
portfolio to a low-emission one in line with the Paris 
Agreement, reduce emission intensity by more than 50% by 
2030, and achieve climate neutrality by 2040.
Nuclear facilities:
	 We will safely increase generation from existing nuclear sources 
to over 32 TWh and achieve a 60-year lifetime for nuclear units.
	 We are ready to build a new nuclear unit at Dukovany.
	 We will prepare for the construction of small modular 
reactors (SMRs) with a total capacity of over 1,000 MW. 
Our goal is to launch the pilot project by the end of 2032.
Renewables:
	 We will build 6 GW of renewables by 2030, of which 1.5 GW 
by 2025.
	 We will increase installed capacity for electricity storage by 
at least 300 MWe by 2030.
Traditional facilities:
	 We will decarbonize the heating industry and convert our 
coal sites to new activities after shifting away from coal.
	 We will build new gas-fired capacities that are ready to burn 
hydrogen.
	 We will reduce the share of electricity generated from coal 
to 25% by 2025 and 12.5% by 2030.
II. Provide the most cost-effective energy solutions and the 
best customer experience in the market
Distribution:
	 We will invest in smart grids and decentralization to further 
develop a stable and digital distribution grid, including the 
development of fiber optic networks.
Sales—Retail:
	 We will digitize 100% of key customer processes by 2025.
	 We will maintain the highest Net Promoter Score (NPS) 
of the major national electricity suppliers and grow our 
customer base by increasing service quality.
	 We will offer a product portfolio that enables residential 
customers to achieve energy savings and reduce emissions.
Sales—ESCO:
	 We will develop our role as a decarbonization leader—
enabling effective emission reductions and delivering 
energy savings to our clients in industry, municipalities, and 
government in line with the EU target of achieving 39–40% 
energy savings.
	 We will build the infrastructure for electromobility: we will 
quadruple the charging capacity, and we will operate at least 
800 charging stations by 2025.
New segments:
	 We will expand our activities into battery production, 
electromobility, and hydrogen generation.
2 Introduction 
2.1. CEZ Group Business Environment
GRI 2-6, 3-1, 3-2, 3-3 
CEZ Group      Sustainability Report 2022

14
III. Develop CEZ Group responsibly and sustainably following 
ESG principles
CEZ Group’s comprehensive goal in responsible and 
sustainable development is to be among the top 20% in ESG 
rating by 2023.
Selected targets in the environmental area:
	 We will reduce greenhouse gas emissions in line with the 
Paris Agreement well below 2°C from 0.38 tCO2e/MWh in 
2019 to 0.26 tCO2e/MWh in 2025 and 0.16 tCO2e/MWh in 
2030.
	 We will transform our generation portfolio to a low-emission 
one in line with the Paris Agreement by 2030 and we will 
achieve climate neutrality by 2040.
	 We will reduce the SO2 emissions from 21 kt in 2019 to 6.5 kt 
by 2025 and 3 kt by 2030.
	 We will reduce the NOx emissions from 23 kt in 2019 to 13 kt 
by 2025 and 7 kt by 2030.
Selected objectives in social relations:
	 We will continue to be a responsible corporate citizen, 
cultivating good relationships with communities.
	 We will maintain our position as the most attractive 
employer for future talent and current employees.
	 We will ensure a just transition for all employees affected by 
the coal exit through retraining, reskilling, or compensation.
	 We will maintain the highest Net Promoter Score (NPS) 
among major electricity suppliers.
	 We will digitize all key customer processes by 2025.
Selected objectives in corporate governance:
	 We will achieve 30% female representation in management.
	 We will increase the frequency of employee training in the 
Code of Conduct and train at least 95% of employees each 
year from 2022 on.
CEZ Group’s investment plan is fully in line with the target 
reduction of emission intensity to 0.16 tCO2e/MWh in 2030 and 
with achieving climate neutrality in 2040. Thus, investments in 
coal power plants and mines are limited to maintenance and to 
investments associated with the termination of their operation.
2.1.3. ESG and Sustainable Development Social 
Objectives
CEZ Group’s strategy fully reflects the principles of ESG 
(Environmental, Social, Governance) and sustainability. 
We place great emphasis on assessing and managing the 
environmental impact of our business, on internal and external 
stakeholders and society-wide interests, and on responsible 
and ethical corporate governance. We report our journey 
annually in the CEZ Group Sustainability Report in line with 
legal requirements, several international standards, and best 
practice.
ESG and sustainability are an integral part of CEZ Group’s 
management and corporate strategy. It is not one-off 
compliance with new requirements, but an approach to 
business as such. We integrate our sustainability strategy with 
our business core and corporate strategy on our way towards 
a more stable and safe future. We have made ESG an integral 
part of our everyday business; it is the premise defining our 
accelerated corporate strategy targets. 
As a leading European energy company, we are committed to 
setting an example and making the energy sector sustainable, 
greener, and friendlier to our planet. Simultaneously, we strive 
for more diversity, closer cooperation with communities, 
and the best technological and energy-saving solutions to 
our customers. Based on evidence-based and data-driven 
approach in line with the current scientific knowledge, we 
continuously adapt CEZ Group’s strategy to major trends in 
the energy sector. 
It is not possible to separate the costs and investments 
for meeting ESG requirements from current expenses and 
investments. However, CEZ Group expects the largest share of 
costs in the overall transformation of its generating portfolio 
towards a fully emission-free generation, where very ambitious 
goals were set in terms of decarbonization and overall carbon 
neutrality. CEZ Group is ready for a major transformation 
of the energy sector, with a clear plan for the gradual 
decarbonization of its generation portfolio. We are preparing 
for massive development and construction of renewable and 
low-carbon sources. We are developing e-mobility, modern 
distribution networks, energy savings, and optimal energy 
solutions for end-use customers.
In 2015, the United Nations adopted Agenda 2030 for 
Sustainable Development to address a range of urgent global 
challenges. The agenda sets 17 Sustainable Development 
Goals (SDGs) that provide a blueprint for a better and more 
sustainable future. In CEZ Group, we unequivocally endorse all 
of them. However, we selected six goals, two for each pillar of 
ESG, to focus on, and we aligned them to VISION 2030: 
Environmental: 
SDG 7
SDG 13
Affordable and Clean Energy 
Climate Action
Social: 
SDG 8
SDG 10
Decent Work and Economic Growth 
Reduced Inequalities
Governance
SDG 5
SDG 16
Gender Equality 
Peace, Justice and Strong Institution
Reaching global sustainable development goals and meeting 
the EU’s ambitious climate targets will not be easy; it is 
the challenge with costs for citizens, member states and 
businesses. CEZ Group will support reaching the goals by own 
operations and businesses as well as recognize the potential 
for significant business opportunities.
 
CEZ Group      Sustainability Report 2022      CEZ Group Business Environment

15
2.2.1. Stakeholder Engagement
The relationships of CEZ Group with its stakeholders are 
governed by our Community Relations Policy. The policy 
covers all business activities to ensure a proper stakeholder 
engagement. CEZ Group wants to maintain long-term, 
stable, and strong stakeholder relationships built on trust, 
recognition of commitments and legitimate interests, and 
open communication.
The purpose of stakeholder engagement is to fulfil VISION 
2030 and the goal of being a responsible corporate citizen, 
leaving no-one behind on the journey to Clean Energy of 
Tomorrow. To ensure a meaningful conversation with our 
stakeholders, we are committed to the following:
	 benefiting the communities in which we operate and 
creating shared sustainable social value,
	 assessing and embracing the legitimate interests of the 
stakeholders with whom we cooperate,
	 building trust with stakeholders to maintain long-term, 
stable, and strong relationships, and 
	 embracing stakeholder diversity. 
Through the above, we strive to uphold the reputation of 
CEZ Group as a responsible corporate citizen in all territories 
of our operations.
2.2.1.1. Stakeholder Groups
The Community Relations Policy lists 13 groups of stakeholders 
who were identified in the CEZ Group business value chain. 
They are listed below in alphabetical order:
	 Certification bodies
	 Customers
	 Educational institutions and research facilities
	 Employees
	 Insurance companies and banks
	 Local governments, local communities, and the public
	 Media
	 Non-profit organizations
	 Professional unions and associations
	 Public and regulatory authorities
	 Shareholders and investors
	 Suppliers and contractors
	 Trade unions
2.2.1.2. Principles of Stakeholder Engagement
The Community Relations Policy also outlines seven principles 
of stakeholder engagement:
	 Accountability: We act responsibly and build relationships 
based on ethics, integrity, sustainable development, and 
respect for human rights and communities affected by 
CEZ Group business activities.
	 Transparency: We act transparently in our relationships and 
financial and non-financial communications, sharing truthful, 
relevant, complete, transparent, and useful information.
	 Active perception: We train our employees to listen actively, 
promote two-way and effective communication, and 
engage in direct, smooth, constructive, diverse, inclusive, 
and cross-cultural dialogue.
	 Participation and engagement: We encourage stakeholder 
participation and engagement in all CEZ Group business 
activities, supporting voluntary consultation processes or 
similar avenues of information exchange, particularly in the 
planning, construction, operation, and decommissioning of 
CEZ Group power projects.
	 Consensus: We strive to reach consensus with stakeholders, 
especially local communities and populations, considering 
their views and expectations.
	 Cooperation: We encourage cooperation with stakeholders 
to contribute to the CEZ Group goals and values and to the 
achievement of the Sustainable Development Goals.
	 Continuous improvement: We continuously strive for 
improvement and regularly review our stakeholder 
engagement mechanisms to ensure that we respond to 
stakeholder needs most effectively.
2.2.2. Materiality Assessment
In 2019, a survey of material topics for CEZ Group stakeholders 
was conducted according to the international standard 
AA1000 SES (Stakeholder Engagement Standard). For the 
purposes of the survey, CEZ Group stakeholders were merged 
into two main groups:
	 Internal stakeholders (top and middle management of 
CEZ Group and subsidiaries, supervisory board)
	 External stakeholders (the 13 categories listed in 2.2.1.1.)
As a result of the survey, a materiality matrix was constructed, 
which showed the crucial topics and areas of interest of 
CEZ Group stakeholders. These are primarily focused on 
the environmental and social areas, indicating the current 
and future relevance of environmental protection, emissions 
2.2. Stakeholder Engagement and Materiality Matrix
GRI 2-29, 3-1, 3-2 / SDG 17
CEZ Group      Sustainability Report 2022

16
(decarbonization), and safe operation and facilities. In 
the social area, two topics are significant: CEZ Group as 
a responsible employer and CEZ Group’s collaboration with 
local communities.
However, when the survey was conducted, certain topics 
were not included for consideration because they only gained 
dominance later with current socioeconomic and political 
developments. It is possible to ascertain that the material 
topics are still relevant to CEZ Group stakeholders, but new 
areas are likely to gain importance soon in relation to the 
post-pandemic world, the impact of the war in Ukraine, climate 
change, and the increasing legal requirements in ESG.
To reassess our approach to stakeholder management, 
CEZ Group launched a special ESG Initiative of Stakeholder 
Engagement and Stakeholder Materiality Matrix in 2022. The 
initiative is designed to identify actual and potential negative 
and positive impacts across all our activities and business 
relationships in the entire value chain. To prioritize the impacts 
and determine material topics, we will communicate with 
representatives of our stakeholders, and we will involve experts 
to ensure that the whole process is in line with best practice 
and international standards. Newly identified topics include 
issues related to EU taxonomy, human rights due diligence, 
supply chain management, biodiversity, and nature-positive 
targets.
Environmental
2 	Energy efficiency
4 	Sustainable water use
5 	Land restoration
7 	Circular economy
 14 	Clean technologies and energy transformation
 15 	Smart cities	
 16 	Research and development
Fig. 1: Materiality Matrix
Social
9 	Responsible employer
 12 	Cooperation with local communities
Governance
8 	Supply chain
 10 	Diversity and equal opportunity
  11 	Ethics and transparency
 13 	Responsible business
Priority for Stakeholders
Priority for CEZ Group
Other
material
issues
-
+
+
 
 
 
 
 
 
 
 
 
 
 
 
 
 
    
 
 
 
 
 
 
Priority
issues
3
6
Environmental 
protection
Emissions
Safe operations
1
2.2.3. Materiality Matrix
CEZ Group      Sustainability Report 2022      Stakeholder Engagement and Materiality Matrix

17
CEZ Group’s Stakeholder Materiality Matrix identifies as the 
most material topics three key areas: (1) Safe Operations, 
(2) Environmental Protection, and (3) Emissions. Safety and 
Environmental Protection Policy currently addresses all 
three topics; the Policy is publicly available online in both 
Czech and English. CEZ Group also expects its suppliers 
to behave responsibly and sustainably; that is why safety 
and environmental protection are integral parts of supplier 
obligations defined in the Commitment to Ethical Conduct. 
The commitment is included in General Terms and Conditions 
and is legally binding. 
In addition, CEZ Group power and heating plants have 
been awarded national Safe Enterprise Certification. The 
Safe Enterprise programme is based not only on ISO 45001 
(formerly OHSAS 18001) and the ILO-OSH 2001 Manual, 
but also on the principles and rules applied by the Quality 
Management System (ISO 9001) and the Environmental 
Management System (ISO 14001) standards.  
The Safe Enterprise programme can make a significant 
contribution to the implementation of an integrated 
management system. The complete State Labour Inspection 
Office document is available online. For more information 
regarding the management of material topics, see Section 
4.3.6.1 for Safe Enterprise, Section 4.3.6.2 for Occupational 
Health and Safety (OHS), and Section 3.3.3 for Environmental 
Management System (EMS). 
CEZ Group uses in materiality assessment perspective of 
impact materiality in line with GRI 2021. We focus on providing 
information on our positive and negative impacts on the 
economy, environment and people. Financial materiality and 
economic value creation for shareholders is core perspective 
of our Annual financial reports and used in selected chapters 
such as EU Taxonomy KPI disclosure. We will further adjust 
and integrate our materiality assessment and reporting to 
fully align with double materiality concept, required by future 
European Sustainability Reporting Standards (ESRS).
CEZ Group      Sustainability Report 2022      Stakeholder Engagement and Materiality Matrix

We are developing  
emission-free  
renewable  and  nuclear 
sources  to  become  
climate  neutral

Environmental 
3

CEZ Group installed 
126 charging stations for 
e-vehicles, and our portfolio 
reached 515 stations 
making it the largest in 
Czechia.
ČEZ Distribuce equipped 
electricity grid support 
points with protective 
elements: 70% of support 
points are safe for birds.
In 2022, CEZ Group 
invested 65.3% of CAPEX 
into EU taxonomy-aligned 
sustainable activities.
CEZ Group corporate GHG 
emissions reduction target 
for 2030 was validated by 
SBTi. CEZ Group is preparing 
for validation of climate 
neutrality by 2040.
ČEZ, a. s., issued its first 
sustainability-linked bonds. 
It was the first issuance in 
the CEE region by an energy 
company with an investment 
rating.
Annual Polluting Emissions 
decreased: PM by 23%, SO2 
by 19%, NOx by 9%, and Hg 
by 37%.
CEZ Group reached the 
target for implementation 
of Environmental 
Management System on 
at least 97% of electricity 
generation capacity from 
fossil sources.
Dukovany and Temelin 
nuclear power plants 
increased production by 1% 
and achieved record-high 
production of 31.02 TWh 
of emission-free energy.
CEZ Group won public 
financing from the 
Modernisation Fund for 
the construction of 24 
photovoltaic power plants 
with 727.7 MWp installed 
capacity.
CEZ Group committed to 
climate neutrality by 2040.
Despite the energy crisis 
and natural gas shortage, 
CEZ Group decreased 
carbon intensity of heat and 
electricity generation by 1%.
CEZ Group Scope 1-3 
emissions were externally 
verified under reasonable 
assurance: selected and 
relevant Scope 3 categories 
for the first time.
CEZ Group      Sustainability Report 2022

21
The 2015 Paris Agreement on climate change represents 
a commitment to limit global warming to well below 2°C above 
pre-industrial levels and to pursue efforts to limit the increase 
to no more than 1.5°C. We fully support the commitment 
of the United Nations’ Paris Agreement on climate change. 
In 2021, we strengthened our commitment to becoming 
a climate-neutral company by incorporating our sustainability 
strategy into the corporate strategy and creating a unified 
accelerated strategy VISION 2030—Clean Energy of Tomorrow. 
In May 2022, we moved forward our goal to be climate neutral 
by a decade to 2040. This decision was motivated by three 
drivers: (1) the annual review of VISION 2030—Clean Energy of 
Tomorrow, (2) the launch of the REPowerEU plan, and (3) the 
proposal of the European Commission to set stricter goals 
within the Fit for 55 package.
In CEZ Group, the Board of Directors is responsible for the 
Environmental Protection and Safety Policy and the Energy 
Policy. Within the policies, our environmental protection is 
based on the Environmental Management System according 
to ISO 14001 and the Energy Management System according 
to ISO 50001.
CEZ Group reports its GHG emissions using the methodology 
of Greenhouse Gas Protocol: Corporate Accounting and 
Reporting Standard and 2006 IPCC Guidelines for National 
Greenhouse Gas Inventories. CEZ Group’s inventory Scope 1 
and 2 for reporting is given by financial control: this includes 
all companies in which ČEZ, a. s., has a financial interest of 
more than 50% or controls the company. In the methodology, 
emissions are defined in three scopes: Scope 1, 2, and 3. 
We report Scope 1 and Scope 2 emissions fully, whereas in 
Scope 3, we report only categories relevant to CEZ Group. 
In 2021, the sustainability strategy targets were set and 2019 
was set as base year to maintain trend tracking over the
three-year reporting horizon.
GHG emissions are measured directly in production 
(continuous monitoring) or calculated using emission 
factors (EF) — their sources are listed in the chart below. 
Non-CO2 GHGs are converted to CO2 equivalents using GWP 
coefficients from the IPCC Sixth Assessment Report for the 
100 year-time horizon. All GHGs covered by Kyoto Protocol 
are included (CO2, CH4, N2O, HFC, PFC, SF6, excluding NF3, 
which is not used within CEZ Group). Since 2021, we have 
obtained external assurance of our Scope 1 and Scope 2 GHG 
emissions, and since 2022, the Scope 3 categories relevant to 
CEZ Group have also been audited.
3.1. Decarbonization
GRI 3-3; SASB IF-EU-110a.3 / SDG 13
CEZ Group      Sustainability Report 2022

22
3.1.1. Scope 1
GRI 305-1; SASB IF-EU-110a.1
Scope 1 GHG emissions come from the burning of fossil fuels 
to generate electricity and heat (CO2, CH4, and N2O), fuels 
for vehicles we own or operate (CO2), fugitive coal mining 
emissions (CH4), biomass burning (CH4 and N2O), and minor 
leaks from cooling, air conditioning equipment and high-
voltage switches (HFC, PFC, and SF6). Scope 1 emissions are 
currently the most significant in the utility sector. Nevertheless, 
their importance will decrease with the transition to low 
emission energy sources. Exactly 96.83% of CO2 emissions 
from our energy production were within the sphere of the EU 
Emissions Trading System. 
Scope 1 Emissions
2020
2021
2022
Source of emission 
factor
Fuels from facility operations
tCO2
22,458,780
18,702,178
17,851,569
Laboratory analysis, 
NIR CZ2)
Emissions from non-generation diesel generators
tCO2e
1,014
224
106
NIR CZ2)
CH4 source emissions
tCO2e
75,2901)
80,9131)
75,885
IPCC3)
N2O source emissions
tCO2e
536,5441)
119,6931)
156,730
IPCC3)
Fugitive CH4 emissions from coal mining
tCO2e
335,5221)
26,7001)
15,564
Laboratory analysis 
/ IPCC3)
Fugitive CH4 emissions from landfill
tCO2e
11)
11)
13
IPCC3)
HFC, PFC and CH4 apart from facility operations
tCO2e
1,2521)
1,4031)
2,028
IPCC3)
- o/w leakages of ozone-depleting substances
tCO2e
5.881)
6.081)
0.00
IPCC3)
SF6
tCO2e
2,2721)
1,8351)
5,220
IPCC3)
Emissions from transport
tCO2e
57,640
54,613
53,997
EC4)
Total
tCO2e
23,468,3151)
18,987,5601)
18,161,112
Biomass from facility operations
tCO2e
1,534,381
1,293,425
1,063,632
Laboratory analysis, 
NIR CZ2)
1) Data recalculated and corrected using GWP coefficients from the IPCC Sixth Assessment Report for a 100-year time horizon.
2) National greenhouse gas inventory report, Czechia: CZE_NIR-2022-2020_UNFCCC_complete_ISBN.pdf (chmi.cz)
3) IPCC / TFI: IPCC / TFI : Intergovernmental Panel on Climate Change / The Task Force on National Greenhouse Gas Inventories
4) https://ec.europa.eu/jrc/en/jec (European Commission’s Joint Research Centre, EUCAR and Concawe)
Scope 1 Emissions (tCO2e) 
2020
2021
2022
0
5,000,000
10,000,000
15,000,000
20,000,000
25,000,000
30,000,000
23,468,315
18,987,560
18,161,112
-19%
-4%
CEZ Group      Sustainability Report 2022      Decarbonization

23
Scope 1 Emissions – By Countries
2020
2021
2022
Fuels from facility operations
tCO2
22,458,780
18,702,178
17,851,569
Czechia
tCO2
20,121,665
16,373,673
15,557,544
Slovakia
tCO2
27,036
30,633
25,672
Poland
tCO2
2,310,079
2,297,862
2,268,333
Romania
tCO2
0
10
11
Other countries*
tCO2
0
0
9
Emissions from non-generation diesel generators
tCO2e
1,014
224
106
Czechia
tCO2e
195
159
74
Slovakia
tCO2e
62
65
32
Poland
tCO2e
0
0
0
Romania
tCO2e
0
0
0
Other countries*
tCO2e
757
0
0
CH4 source emissions
tCO2e
75,2901)
80,9131)
75,885
Czechia
tCO2e
72,420
80,477
75,362
Slovakia
tCO2e
99
145
135
Poland
tCO2e
2,771
286
273
Romania
tCO2e
0
6
0
Other countries*
tCO2e
0
0
116
N2O source emissions
tCO2e
536,5441)
119,6931)
156,730
Czechia
tCO2e
285,891
80,567
98,845
Slovakia
tCO2e
595
900
832
Poland
tCO2e
250,058
38,175
56,377
Romania
tCO2e
0
51
0
Other countries*
tCO2e
0
0
677
Fugitive CH4 emissions from coal mining
tCO2e
335,5221)
26,7001)
15,564
Czechia
tCO2e
335,522
26,700
15,564
Slovakia
tCO2e
0
0
0
Poland
tCO2e
0
0
0
Romania
tCO2e
0
0
0
Other countries*
tCO2e
0
0
0
Fugitive CH4 emissions from landfilling
tCO2e
11)
11)
13
Czechia
tCO2e
1
1
13
Slovakia
tCO2e
0
0
0
Poland
tCO2e
0
0
0
Romania
tCO2e
0
0
0
Other countries*
tCO2e
0
0
0
HFC, PFC and CH4 apart from facility operations
tCO2e
1,2521)
1,4031)
2,028
Czechia
tCO2e
1,252
1,349
1,958
Slovakia
tCO2e
0
0
0
Poland
tCO2e
0
54
70
Romania
tCO2e
0
0
0
Other countries*
tCO2e
0
0
0
SF6
tCO2e
2,2721)
1,8351)
5,220
Czechia
tCO2e
2,272
1,835
5,220
Slovakia
tCO2e
0
0
0
Poland
tCO2e
0
0
0
Romania
tCO2e
0
0
0
Other countries*
tCO2e
0
0
0
Emissions from transport
tCO2e
57,640
54,613
53,997
Czechia
tCO2e
50,733
47,683
47,359
Slovakia
tCO2e
139
176
590
Poland
tCO2e
55
1,271
1,225
Romania
tCO2e
2,375
193
281
Other countries*
tCO2e
4,338
5,290
4,542
Total
tCO2e
 23,468,3151)
18,987,5601)
18,161,112
Biomass from facility operations
tCO2e
1, 534,381
1,293,425
1,063,632
Czechia
tCO2e
865,945
844,972
651,536
Slovakia
tCO2e
39,369
39,665
37,340
Poland
tCO2e
629,067
408,788
355,396
Romania
tCO2e
0
0
0
Other countries*
tCO2e
0
0
19,361
* Other countries include: Bulgaria, France, Germany, Austria, Hungary, Serbia, Netherlands, Italy
1) Data recalculated and corrected using GWP coefficients from the IPCC Sixth Assessment Report for a 100-year time horizon.
CEZ Group      Sustainability Report 2022      Decarbonization

24
3.1.2. Scope 2
GRI 305-2
Reported Scope 2 GHG emissions relate to losses in the 
distribution network. In accordance with the GHG Protocol 
and in order to minimize double counting of emissions 
between Scope 1 and Scope 2, CEZ Group treats the grid 
consumption as if it were supplied by its own facilities (when 
production in a given state exceeds the supply). We report 
emissions according to the location-based methodology. In 
2021, distribution was sold off in Bulgaria, where production 
in previous years had not exceeded supply, therefore GHG 
emissions were reported in Scope 2. Currently, CEZ Group 
operates electricity distribution systems whose losses, or 
related GHG emissions, are covered by its own generation and 
are therefore counted as Scope 1 emissions.
Scope 2 Emissions
2020
2021
2022
Source of EF
Total
tCO2e
333,409
142,698
0
Carbon Footprint1)
1) Carbon Footprint
Scope 2 Emissions (tCO2e) 
2020
2021
2022
0
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
0
333,409
142,698
-57%
-100%
3.1.3. Scope 3
GRI 305-3; SASB IF-EU-110a.2
Scope 3 includes all indirect greenhouse gas emissions resulting from the activities of CEZ Group, which are not included in 
Scope 1 and Scope 2. The GHG Protocol divides Scope 3 GHG emissions into 15 categories that cover indirect emissions in the 
value chain from upstream and downstream activities. Relevant categories for CEZ Group are:
	 Category 1: Purchased goods and services, 
	 Category 3: Energy and fuel-related activities not included in Scope 1 and 2, where emissions from purchased fuels for 
production (coal, natural gas, biomass, fuel oils) are included, excluding emissions from own coal extraction (included in Scope 1) 
and excluding emissions from the purchase of petrol and diesel for transport (included in Scope 1), emissions from distribution 
losses from the purchase of electricity for own consumption, e.g. for pumped storage plants or during power plant shutdowns, 
emissions from the generation of purchased electricity that is subsequently sold,
	 Category 11: Use of sold products (emissions from sales of natural gas, coal and electricity), 
	 Category 15: Investments. 
In 2022, the GWP coefficients were updated to the IPCC Sixth Assessment Report for a 100-year time horizon. Duplicities in categories 
3 and 11 were removed, data were recalculated and corrected. We will evaluate and calculate other relevant Scope 3 categories.
Scope 3 Emissions
2020
2021
2022
Source of EF
Category 1 – Purchased goods and services
tCO2e
48,6111)
40,428
29,977
GEMIS3)
Category 3 – Energy and fuel-related activities
tCO2e
1,825,3062)
1,265,0852)
539,640
GEMIS3) a EC4)
Category 11 – Use of sold products
tCO2e
11,832,281
9,211,727
11,265,875
IPCC5)
Category 15 – Investments*
tCO2e
N/A
N/A
427,283
Akenerji6)
Total
tCO2e
13,706,198
10,517,240
12,262,775
* Reported since 2022.
1) Data corrected.
2) Data recalculated and corrected using GWP coefficients from the IPCC Sixth Assessment Report for a 100-year time horizon.
3) GEMIS 
4) EC (European Commission’s Joint Research Centre, EUCAR and Concawe)
5) IPCC
6) Akenerji 
CEZ Group      Sustainability Report 2022      Decarbonization

25
3.1.4. Emission Intensity Reduction
GRI 3-3, 305-4, 305-5; SASB IF-EU-110a.3
In 2021, CEZ Group accelerated its sustainable strategy and 
fully integrated it into the corporate strategy VISION 2030—
Clean Energy of Tomorrow. We set ambitious targets to 
support the transition of the energy sector to low emission 
energy generation:
	 We will reduce CO2e emissions in line with the Paris 
Agreement well below 2°C by 2030.
	 We will reduce the emission intensity from 0.38 tCO2e/MWh 
in 2019 to 0.26 tCO2e/MWh in 2025 and to 0.16 tCO2e/MWh in 
2030.
	 We will reduce the share of coal-fired electricity generation 
from 39% in 2019 to 25% by 2025 and 12.5% by 2030.
Emission Intensity
2020
2021
2022
CO2e per generated electricity and heat
tCO2e/MWh
0.34
0.29
0.29
Emission intensity (tCO2e/MWh) 
0.00
0.05
0.10
0.15
0.20
0.25
0.30
0.35
0.40
2020
2021
2022
0.29
0.34
0.29
-13%
-0.8%
Our climate targets are aligned with the Science Based Targets initiative (SBTi). The SBTi validated our near-term targets in 
May 2022. We regularly monitor our progress towards these targets and create new initiatives in response to new legislation, 
stakeholders, and markets.  Our goal is to be a leader in the transition to clean energy in the CEE region. Together with other 
European energy groups, we registered our commitments to reduce greenhouse gas emissions under the Non-State Actor Zone 
for Climate Action (NAZCA), formed before the Paris Climate Conference in 2015.
In our accelerated strategy, we set the target to reduce emission intensity (Scope 1 and 2) by more than 50% compared to the 
base year 2019. To achieve the target, we use innovative technologies in our production; we will decarbonize and eventually phase 
out coal production of electricity and heat. We also plan to build a new unit in our nuclear plant in Dukovany and increase the 
share of renewable energy in our portfolio.
3.1.4.1. Avoided emissions
Avoided emissions are defined as emissions that are not emitted due to the generation of electricity or heat from non-emitting 
sources (nuclear or renewable) instead of fossil fuel sources. The use of non-emitting sources prevents the generation of 
greenhouse gas emissions that would otherwise be emitted by the mix of the existing portfolio of CEZ Group combustion sources. 
The calculation of the avoided emissions is based on the conversion of the amount of electricity generated by non-fossil or 
zero-emission sources into the emission parameters of fossil sources,  i.e., the amount of electricity from each category of non-fossil 
sources is multiplied by the emission factor for CEZ Group coal-fired power plants in a given year. By using non-fossil sources for 
electricity and heat generation, the following amounts of GHG emissions were avoided in CEZ Group between 2020 and 2022.
Avoided emissions (in tCO2e)
2020
2021
2022
Nuclear sources
  24,907,354 
  24,630,558 
   24,760,477 
Renewable energy sources
    3,448,715 
    2,605,076 
     2,014,019 
Biomass
       967,162 
       718,944 
        614,645 
The comparison of these values with the GHG emissions reported in Scope 1 shows that the use of non-fossil and non-emitting 
energy sources prevents the generation of more GHG emissions than the fossil-fired generation of electricity and heat emits.
In 2022, with an overall reduction in electricity and heat generation compared to 2021, we have reduced our emission intensity 
by 0.8%; coal generation remains at 2021 levels given the current geopolitical situation; natural gas generation has decreased by 
22% due to gas supply constraints; and renewable generation has decreased by 21%, mainly due to climatic conditions. Nuclear 
generation increased by almost 1% to 31.02 TWh.
CEZ Group      Sustainability Report 2022      Decarbonization

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3.1.4.2. Coal Decommissioning
To achieve the goal of our vision, we plan to decarbonize the generation portfolio via a gradual phase-out of coal-fired plants. We 
plan to completely stop using coal-fired plants by 2038 at the latest; however, an earlier date is very likely. CEZ Group has made 
medium and long-term commitments to coal decommissioning:
	 Reduce the share of coal-fired electricity generation to 25% by 2025 and 12.5% by 2030. 
	 Transform coal-fired locations into new lower-carbon or no-carbon fuels such as natural gas, biomass, and hydrogen. In 2022, 
the environmental impact assessment process was completed for the Mělník steam power plant, which is expected to replace 
coal-fired heat generation for the capital city, Prague, by 2030. The replacement of coal-fired heat generation is currently under 
consideration in Dětmarovice, Trmice and Prunéřov.
3.1.5. Ozone-Depleting Substances
GRI 2-27, 305-6
Ozone-Depleting Substances
2020
2021
2022
Production, import, export
tCFC-11e
0
0
0
Ozone-depleting substances (ODS) are chemicals that damage the ozone layer in the stratosphere. CEZ Group does not produce, 
import, or export these compounds. We avoid using ODS whenever possible; minor emissions from ODS come from leaks in 
cooling and air-conditioning equipment still used in CEZ Group. From 2022 onwards, emissions of these substances are counted 
under CO2e in Scope 1.
In 2022, ČEZ, a. s., incurred a fine of CZK 1 million, when the Czech Environmental Inspectorate concluded that, in violation 
of Article 13 of Regulation (EC) No 1005/2009 of the European Parliament and of the Council on substances that deplete the 
ozone layer, the fire protection systems containing halon 1301 installed at the Dukovany nuclear power plant had not been 
decommissioned before the expiry of the deadline set out in Annex VI of Commission Regulation (EU) No 744/2010 (i.e., by 
December 31, 2020). This was due to a delay in the delivery of a new fire protection system, which was to replace the existing 
system, and measures caused by the covid-19 pandemic situation. The halon extinguishing systems were decommissioned by 
November 21, 2022.
CEZ Group      Sustainability Report 2022      Decarbonization

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3.2.1. Emissions of Pollutants
GRI 3-3, 305-7; SASB IF-EU-120a.1 / SDG 3, SDG 12
In CEZ Group, regarding emissions of pollutants, as with 
decarbonization, the Board of Directors is responsible for the 
Environmental Protection and Safety Policy and the Energy 
Policy. Environmental protection is based on the Environmental 
Management System according to ISO 14001 and the Energy 
Management System according to ISO 50001.
The EMS focuses on establishing, monitoring, and improving 
all activities affecting the quality of the environment, human 
health, and safety. Within the EMS, we identify environmental 
risks, create conditions for their prevention and elimination, 
and report environmental performance. These processes are 
reviewed regularly in internal and third-party external audits. 
Stakeholders are also considered in the EMS, and their needs 
and expectations are evaluated and addressed. All employees 
receive regular EMS and environmental training at least once 
every two years.
The majority of our fossil-fuel electricity and heating plants have 
the EMS in place (see Section 3.3.3): 98% of installed capacity 
in 2022. We have achieved our target: 97% of installed capacity 
with the EMS in place by the end of 2022.
We closely monitor emissions to air from our sources according 
to current regulations for emission and air quality monitoring 
and the EMS system. Emissions are continuously measured 
in large combustion plants; in medium combustion plants (up 
to 50MW), periodic measurements are performed in line with 
legislation, or, if not available, emissions are calculated using 
emission factors. CEZ Group reduces the air pollutants using 
innovative technologies following best available techniques 
(BAT): 
	 SO2 emissions are reduced using limestone technologies: 
In large facilities, wet limestone washing of flue gas is used; 
in small facilities, a semi-dry method with absorption in 
the lime slurry is used. Emissions are further reduced by 
replacing fossil fuels with biomass in combustion units.
	 NOx emissions are reduced by primary measures in 
combustion processes or by reduction techniques with 
ammonia water or urea.
	 Particulate matter (PM) emissions are reduced in our 
facilities by electrostatic precipitators or fabric filters; their 
efficiency is over 99%.
	 Since 2020, we have been installing technologies to capture 
mercury (Hg) in all our coal-fired power plants and will 
complete installations by 20241). Since August 2021, we have 
been continuously monitoring mercury emissions in large 
combustion plants.
In our VISION 2030—Clean Energy of Tomorrow, we set targets 
for the reduction of emissions:
	 We will reduce NOx from 23 kt in 2019 to 13 kt in 2025 
and 7 kt in 2030
	 We will reduce SO2 from 21 kt in 2019 to 6.5 kt in 2025 
and 3 kt in 2030
We have reduced SO2 emissions by 70%, NOx emissions by 44%, 
and we are well on track to reach our target. The use of BAT 
technologies has led to a 60% reduction in particulate matter 
emissions since 2019.
3.2. Waste, Emissions and Pollution
1) Production sites that will stop heat production by 2030 are exempt from the installation.
CEZ Group      Sustainability Report 2022

28
Emissions and Specific Emissions of Air Pollutants
2020
2021
2022
Particulate matter (PM)
t
1,311
823
635
Particulate matter per electricity and heat generated
kg/MWh
0.019
0.013
0.010
Sulfur dioxide (SO2)
t
14,253
7,812
6,323
Sulfur dioxide per electricity and heat generated
kg/MWh
0.207
0.121
0.102
Nitrogen oxides (NOX)
t
19,365
14,306
12,964
Nitrogen oxides per electricity and heat generated
kg/MWh
0.281
0.222
0.209
Mercury (Hg)*
t
1.410
1.110
0.706
Lead (Pb)**
t
1.646
0.896
1.177
Persistent organic pollutants (POPs)***
kg
N/A
N/A
32
Volatile organic compounds (VOC)***
t
N/A
N/A
25
* Continuously measured since 2021, previously one-off measurements
** Determined by one-off measurements
*** Reported since 2022. Determined by one-off measurements
Particulate matter (in t) 
Nitrogen oxides (in t) 
Sulfur dioxide (in t) 
Mercury (in t) 
2020
2021
2022
0
200
400
600
800
1,000
1,200
1,400
1,600
1,311
823
635
2020
2021
2022
0
5,000
10,000
15,000
20,000
25,000
30,000
19,365
14,306
12,964
2020
2021
2022
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
14,253
7,812
6,323
0.0
0.2
0.4
0.6
0.8
1.0
1.2
1.4
1.6
2020
2021
2022
0.706
1.410
1.110
-37%
-26%
-45%
-21%
-23%
-9%
-19%
-37%
CEZ Group      Sustainability Report 2022      Waste, Emissions and Pollution

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Most of the monitored air pollutants emissions were reduced in 2022 compared to 2021. The amount of PM was reduced by 23%, 
SO2 by 19%, NOx by 9% and mercury by 37%. 
The amount of lead emissions increased in 2022 compared to 2021. The increase in lead emissions in 2022 (with the same fuel 
base and an increasing standard of flue gas purification, which is evident from the decreasing mercury emissions) is attributed to 
the high uncertainty in single measurements of pollutants at the level of micrograms per m3 of flue gas.
We monitor pollutants and take measures to prevent their emissions from open-cast coal mines. We take both active and passive 
measures to reduce particulate emissions. Active measures include scraping or fogging equipment, mine speed restrictions, soil 
stabilizers and process innovations. Passive measures include terrain protection bunds, forest belts and isolation walls around 
mines. We pay particular attention to the prevention of fires in our mining operations. Sites prone to spontaneous combustion 
are treated with heavy machinery to prevent the oxidation of coal-bearing areas and the development of fires. By agreement, we 
provide regular cleaning of roads and areas for the inhabitants of the villages near the mines.
3.2.2. Air Pollution Monitoring
SDG 11
Beyond the scope of legal obligations, CEZ Group has provided accredited monitoring of air quality near large combustion 
facilities since 1994. It measures pollution with NOx, SO2, and particulate matter of different sizes (PM10 and PM2.5). The data are 
delivered to the Czech Hydrometeorological Institute, which publishes them in the information system on air quality in Czechia. 
The results of air pollution monitoring in the vicinity of large combustion facilities are published on the CEZ Group website.
An independent accredited laboratory also monitors air and noise pollution in municipalities affected by the operations of 
CEZ Group’s lignite mines. Monitoring stations in these locations provide a continual measurement of particulate matter, especially 
PM10. The results of the measurements are shared with the affected municipalities and governmental agencies.
3.2.3. Resources Used/Materials
GRI 301-1
In CEZ Group, various fuels, such as natural gas, coal, lignite, uranium, and biomass fuels are used to produce electricity, heating and 
cooling. In 2022, 29% of fuel for energy production was brown thermal coal. In our two nuclear power plants, we used 71.32 tonnes of 
nuclear fuel to produce 31.02 TWh of emission-free electricity. Nuclear resources produced the largest amount of energy in CEZ Group. 
Sorbents for flue gas desulfurization at CEZ Group’s coal-fired power plants in Czechia are delivered under long-term purchase 
contracts. Sorbent deliveries amounted to 694 thousand tonnes in 2022.
Resources used in the production processes by weight/volume/energy content
Non-renewable materials – fuels
                      Total amount (kt), gas (mil m3)
                     Energy (PJ)
2020
2021
2022
2020
2021
2022
Hard coal
1,450
1,864
1,744
27
36
33
Lignite
12,195
12,434
12,469
136
143
143
Natural gas
850
696
541
29
24
19
Diesel, light fuel oil
3.37
3.07
2.63
0.14
0.13
0.11
Heavy fuel oil
2.24
2.36
2.94
0.09
0.10
0.13
Uranium
0.07
0.07
0.07
300
289
287
CEZ Group      Sustainability Report 2022      Waste, Emissions and Pollution

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Renewable materials – fuels
                      Total amount (kt), gas (mil m3)
                     Energy (PJ)
2020
2021
2022
2020
2021
2022
Solid biofuels
1,193
1,115
912
14.5
12.4
10.4
Liquid biofuels
0.22
0.23
0
0.008
0.008
0
Biogas
1.13
1.13
0
0.039
0.039
0
Non-renewable materials – other (kt)
2020
2021
2022
Limestone
807
720
757
Lime 
34
41
28 
Urea 
6.5
1.1
0.03
Ammonia water 
0.2
0.5
1.5
3.2.4. Waste and Natural Resources
GRI 3-3, 306-1, 306-2, 306-3, 306-4, 306-5; 
SASB IF-EU-150a.1 / SDG 12
CEZ Group is aware of the growing importance of waste 
management and protection of finite natural resources 
throughout all its operations. Thus, waste is seen as a resource, 
and principles of circular economy are applied throughout all 
steps of waste management.
Waste management is based on the Environmental 
Management System (EMS), which establishes a hierarchy of 
waste management methods from prevention, preparation 
for reuse, recycling, and energy recovery to disposal. Waste 
management is provided by professionally qualified personnel. 
Specific projects are introduced to reflect our policy and waste 
prevention.
Fig. 2: Waste Hierarchy Model
Circular economy is a sustainable model of production and 
consumption that extends the lifecycle value optimization of 
resources and products, reducing waste to a minimum. We have 
introduced the principles of circular economy into our corporate 
culture, strategy, and processes of our business activities. The 
Board of Directors is responsible for waste management and 
circular economy through the Environmental Protection and 
Safety Policy.
The waste management hierarchy is followed in all our 
activities. Waste is delivered to licensed waste treatment 
facilities. In 2022, 50% of waste was reused or recycled, 
and 50% was disposed of (of which 31% of waste was sent 
to a landfill). The reduction in the amount of waste and the 
waste recovery rate compared to the previous year is due to 
the fact that an additional part of the energy by-products 
was transferred to the product regime for further use 
rather than to the waste recovery regime. Most of our waste 
consists of construction and demolition waste originating 
from the demolition of obsolete structures, and sludges from 
wastewater treatment, waste metals, and municipal waste. 
ČEZ Recycling, a subsidiary of ČEZ, a. s., applies the principles 
of circular economy when taking back discarded photovoltaic 
panels. This will include batteries in the future. In 2022, 
ČEZ Recycling took back 5,011 photovoltaic panels, which 
is 72 tonnes.
Coal combustion products, and incineration and 
desulphurization products (5,098,691 t) are subjected to 
regular testing and certification as part of waste prevention; 
99.8% are further used as these products, thus avoiding waste 
generation. In 2022, end-of-life products (221 tonnes) were 
sorted and sent for recycling under the take-back scheme 
(batteries, accumulators, tires, fluorescent lamps, discarded 
electrical equipment), thereby prevented from becoming 
waste.
Data on waste and waste management are reported in 
accordance with Directive 98/2008 of the European 
Parliament and of the Council and Commission Decision 
2014/955/EU on the list of wastes by waste catalogue numbers 
and recovery/disposal codes, based on weighing by weight at 
the time of transfer of waste to the recovery/disposal facility. 
Data are based on company-wide data collection and waste 
management data from the companies to which the waste was 
transferred. The data do not include wastewater or mass from 
mining that is used for remediation and reclamation works. 
The GRI 306: Waste 2020 standard has been used for data 
reporting.
PREVENT
REDUCE
REUSE
RECYCLE
RECOVER
DISPOSE
CEZ Group      Sustainability Report 2022      Waste, Emissions and Pollution

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Waste Generated (t)
2020
2021
2022
Non-hazardous waste
64,344
59,235
47,738
Hazardous waste
3,035
2,994
1,733
Radioactive waste
313
337
428
Total waste generated
67,692
62,566
49,899
Hazardous Waste Diverted from Disposal (t)
2020
2021
2021 Onsite
2021 Offsite
2022
2022 Onsite
2022 Offsite
Preparation for reuse
N/A
188
0
188
1
0
1
Recycling
N/A
584
0
584
271
178
93
Other recovery options
N/A
603
0
603
65
0
65
Total hazardous waste diverted from disposal
N/A
1,375
0
1,375
337
178
159
Non-hazardous Waste Diverted from Disposal (t)
2020
2021
2021 Onsite
2021 Offsite
2022
2022 Onsite
2022 Offsite
Preparation for reuse
N/A
17,378
0
17,378
6,128
0
6,128
Recycling
N/A
14,532
0
14,532
17,152
0
17,152
Composting
N/A
20,556
17,005
3,551
15,727
14,882
845
Other recovery options
N/A
12,019
7,360
4,659
9,783
9,159
624
Total non-hazardous waste diverted from disposal
N/A
64,485
24,365
40,120
48,790
24,041
24,749
Total waste diverted from disposal
31,747
65,860
24,365
41,495
49,127
24,219
24,908
Note: CEZ Group facilities also use waste from other generators, the quantities of which are included in composting, other recovery. These are not included in the 
percentage of own waste recovery.
Hazardous Waste Directed to Disposal (t)
2020
2021
2021 Onsite
2021 Offsite
2022
2022 Onsite
2022 Offsite
Recovery including energy
N/A
154
0
154
296
0
296
Incineration
N/A
26
0
26
36
0
36
Landfill
N/A
589
0
589
193
0
193
Other disposal options
N/A
849
0
849
1,051
0
1,051
Total hazardous waste directed to disposal
N/A
1,618
0
1,618
1,576
0
1,576
Non-hazardous Waste Directed to Disposal (t)
2020
2021
2021 Onsite
2021 Offsite
2022
2022 Onsite
2022 Offsite
Recovery including energy
N/A
95
0
95
76
0
76
Incineration
N/A
14
0
14
117
0
117
Landfill
N/A
10,636
4,683
5,954
16,638
1,498
15,140
Other disposal options
N/A
8,370
3,851
4,520
6,158
2,888
3,271
Total non-hazardous waste directed to 
disposal
N/A
19,116
8,533
10,583
22,989
4,386
18,603
Total waste directed to disposal
35,632
21,071
8,871
12,201
24,993
4,814
20,179
Note: The onsite category also includes radioactive waste in the Dukovany repository of 428 tonnes in 2022. Due to rounding, some totals may not correspond with 
the sum of the separate figures.
Waste Produced per Electricity and Heat Generated (kg/MWh)
2020
2021
2022
Total weight of non-hazardous waste
0.93
0.92
0.77
Total weight of hazardous waste
0.04
0.05
0.03
In 2022, waste generation decreased from 0.92 kg/MWh of electricity and heat to 0.77 kg/MWh compared to 2021 in the 
non-hazardous category. Fluctuations in the production of non-hazardous waste are mainly caused by the transfer of wastes 
from power stations and other combustion plants from the waste regime to the CCPs category: mainly in the Polish power plant 
Skawina (approx. 11,000 t) and in the power plant Jindřichův Hradec Energy Center (approx. 2,600 t). In the hazardous category, 
waste production per MWh of electricity and heat generated decreased from 0.05 kg/MWh to 0.03 kg/MWh. Fluctuations in the 
production of hazardous waste are governed by investment activities (generation of hazardous waste during construction work 
and demolitions). Hazardous waste accounted for approximately 3.45% of all waste in 2022. Hazardous waste originated mainly 
from the maintenance and cleaning of plants, primarily from working with oil products.
CEZ Group      Sustainability Report 2022      Waste, Emissions and Pollution

32
Main Waste Streams (Accounting for the majority of other and hazardous waste from main production activities) 
Waste Streams
Waste Composition
Waste Production in 
2022 (t)
Annex III of the Basel Convention
Other waste /Waste from power 
stations and other combustion 
plants that is not recoverable
According to Regulation (EC) No. 1272/2008 of the European 
Parliament and of the Council, fly ash is not classified as 
a dangerous substance. The substance consists of glassy/
amorphous material and mineral phases. Its chemical 
composition is preferably analyzed as elemental and is given 
as the mass fraction of each equivalent oxide, e.g., SiO2, Al2O3, 
Fe2O3, CaO.
9,092
N/A
Other waste/Waste metals 
(including their alloys)
The composition depends on the material used in the 
technology. These are mainly iron and steel, clay, copper, cables, 
etc.
7,686
N/A
Other waste/Construction and 
demolition waste
Insulation, construction timber, waste plastics, mineral fiber, 
bricks, concrete, reinforced concrete from demolition and 
reconstruction of buildings, including excavated soil from 
construction work.
5,066
N/A
Other waste/Sewage treatment 
plant waste and sewage sludge
Sludge is a suspension of solid and colloid particles of organic 
and inorganic substances in water. Sludge contains organic 
substances, nitrogen and phosphorus compounds, heavy 
metals (Zn, Pb, Cu, Cr, Ni, Cd, Hg, As) in concentrations of 
1 to 1000 mg/kg dry weight; organic substances, inorganic 
compounds based on Si, Al, Ca, Mg, etc.
4,611
N/A
Hazardous waste/Engine, gear 
and lubricating waste oils and oil 
separator waste
Waste oils classified into individual categories in terms of 
their use for regeneration, reprocessing or energy recovery. 
481
H 3
Our employees recycle waste at our sites with the aim to separate usable components. Waste is collected in appropriate 
collection bins, the number and location of which is continuously optimized according to actual needs. In addition to the usable 
components of municipal waste – paper, plastics, glass, bio-waste – we also hand over used oil, metal materials and other usable 
waste for recycling. The system includes the take-back of electrical and electronic equipment and batteries. Electrical waste is 
handled by sheltered workshops employing the physically disabled.
In CEZ Group, we regenerate transformer oils. In 2022, the amount of regenerated transformer oil for reuse was 178 tonnes.
During decommissioning of coal-fired power plants, buildings that are no longer useful are demolished, generating large 
quantities of waste. We conduct pre-demolition waste screening for reusable and hazardous waste, and we manage demolition to 
maximize waste recovery. At the moment, the demolition of premises of the power plant Prunéřov is underway.
In connection with the disposal of unneeded assets and inventories at individual sites, disposal committees are established to 
maximize the use of unneeded assets and inventories within CEZ Group or to sell them externally so that the equipment can be 
used throughout its life cycle.
3.2.4.1. Radioactive Waste (RAW)
We manage radioactive waste at nuclear power plants in compliance with Act No. 263/2016 Coll., Atomic Energy Act. 
Liquid RAW (radioactive concentrate) from the Dukovany and Temelín nuclear power plants is immobilized in bitumen into 
a form complying with waste acceptance criteria for disposal. The main process equipment is a film rotor evaporator where the 
concentrate is mixed with bitumen and water is evaporated. The resulting product is filled into 200-liter drums. Solid waste is 
compacted or incinerated, melted and supercompacted abroad. 
In 2022, there were 36 tracked domestic shipments of radioactive waste from the Temelín nuclear power plant to the Dukovany 
nuclear power plant site, as well as 15 shipments of radioactive waste samples. There was also one international road transport 
of radioactive waste from Temelín to JAVYS EBO to reduce the volume by high pressure compaction, and one return transport 
of radioactive waste after treatment by high pressure compaction from JAVYS EBO to Dukovany. In addition, 3 international 
shipments of radioactive waste were carried out from Dukovany to the Studsvik Sweden AB incinerator for the purpose of 
reducing their volume by incineration, and one return shipment of radioactive waste after reducing the content by incineration 
from Cyclife Groupe EDF to ČEZ, a. s.
No incidents have been recorded in the RAW management, procedures for dealing with incidents and corrective measures are 
set up in management documentation in accordance with the Atomic Energy Act. Further information on radioactive waste 
management is provided in the Annual Report on the activities of the Radioactive Waste Repository Authority. 
CEZ Group      Sustainability Report 2022      Waste, Emissions and Pollution

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3.2.4.2. Coal Combustion Products (CCPs)
We manage the technological processes of coal and biomass 
combustion with the aim of utilizing combustion products 
in the construction industry. We use coal combustion 
products as construction materials, including fly ash, slag, 
and desulfurization products (FGD gypsum). Our target was 
to reuse at least 98% of the coal combustion products by the 
end of 2022, which we achieved with 99.86% of CCPs utilized. 
82.68% of the CCPs were used for landscaping and terrain 
shaping, and 17.18% of CCPs were sold for other uses in the 
construction industry. We sold a total of 362,455 tonnes of 
energy gypsum to produce plasterboards and cement.
3.2.4.3. Waste to Energy (WtE)
The utilization of waste following the circular economy 
principles brings new opportunities in the energy sector. 
CEZ Group has the technical, technological, and personal know-
how to make the most of these opportunities to help improve 
the environment and replace primary sources (especially coal).
A project of a waste-to-energy facility on the Mělník power 
plant premises is under preparation. The objective of the facility 
is to thermally utilize residual non-recyclable waste to generate 
heat and electricity, thus replacing up to 3,000 wagons of coal 
per year. As such, the WtE facility is an important component 
of circular economy in our industry.
3.2.4.4. Wastewater Management 
We handle wastewater following current regulations and 
EMS, i.e., wastewater is treated to fulfil the requirements 
before being discharged into surface water. Further, water is 
monitored for pollutants at the outlets; selected pollutants are 
monitored continuously. We regularly report the results of the 
monitoring to relevant authorities and river basin managers.
Wastewater from once-through cooling systems, representing 
most of the volume of wastewater discharged, is only altered in 
temperature. We handle discharged water so that it does not 
change the conditions in watercourses that are important for 
the life and development of biotic communities.
In 2022 compared to 2021, the total volume of wastewater 
discharged, including water for once-through cooling system, 
increased from 6.88 m3 to 7.91 m3/MWh. The volume of 
wastewater, excluding wastewater from once-through cooling 
system, increased from 0.69 m3 to 0.71 m3/MWh.
We reuse wastewater when possible; the reuse of wastewater 
increased by 32.8% year-on-year. Wastewater from the nuclear 
plant Temelín is reutilized in the hydroelectric power plant 
Kořensko, where 2,109 MWh were produced in 2022. 
Despite the measures taken to reduce consumption, water 
consumption increased by 6.11% year-on-year. The higher 
consumption of surface water was caused by an increase in 
condensing operation of sources to ensure electricity supply in 
times of its shortage caused by the European market situation.
3.2.4.5. Hazardous Substances
We have control systems to detect leaks of hazardous 
substances at our sites, which are regularly inspected. In 
preparation for potential accidents, emergency plans are set 
up, and sites are equipped with the means to deal with the 
accidents. Monitoring of the possible presence of hazardous 
substances in the groundwater and rock environment of the 
production sites is carried out. In addition, regular EMS audits 
check compliance with regulations to prevent environmental 
pollution.
3.2.4.6. Significant Spills
GRI 306-3:2016
For all production sites, we have a protocol declaring that 
the limits of hazardous chemicals specified in the Act on the 
Prevention of Major Accidents (Act No. 224/2015 Coll.) have not 
been exceeded.
In 2022, we recorded 14 releases of hazardous substances. In 
the Kamýk hydroelectric power plant, a technical fault caused 
a leak of approximately 1,200 liters of biodegradable hydraulic 
oil. The impact on the water quality and biota in the Vltava 
River was minimized by a timely intervention of the operating 
personnel, fire brigade, and remediation specialists. Most of 
the oil was captured in the interior of the power plant, with 
approximately 30 liters entering the watercourse. No mortality 
of fish or other aquatic animals was recorded at the site or 
downstream from the power plant.  
In ČEZ Distribuce, 227 liters spilled into the soil during 13 events. 
The most frequent leakage was the insulating oil from 
distribution transformers. In two cases, the primary cause of 
the incident was a tree falling into a power line, knocking down 
a distribution transformer to the ground and spilling oil. In one 
case, the event was caused by a vehicle striking a support pole. 
During the liquidation of the leaks, the initial intervention was 
carried out by ČEZ Distribuce employees, in some cases also in 
cooperation with the Czech Fire Rescue Service. Subsequent 
remediation work was immediately provided by a remediation 
company. 
CEZ Group      Sustainability Report 2022      Waste, Emissions and Pollution

34
CEZ Group is aware of the importance of environmental 
protection and conservation and support of biodiversity and 
ecosystems. The requirements of environmental management 
and sustainability in all stages of the life cycle of our activities 
are integral to the processes and activities of the company. 
CEZ Group uses safe and proven technologies with the aim of 
minimizing negative impacts of the Group’s activities, products, 
and services on the environment. CEZ Group requires suppliers 
and contractors to take the same approach to safety and 
environmental protection. We established these requirements in 
the CEZ Group supplier obligations outlined in the Commitment 
to Ethical Conduct, section 7: Environmental protection and 
sustainable development. CEZ Group’s dedication to the 
protection of the environment and associated responsibilities 
are expressed in the Safety and Environmental Protection Policy.
The Environmental Impact Assessment (EIA) process assesses the 
impact of new production and changes to existing production 
that could have a negative impact on the environment. In 2022, 
an EIA was carried out for the Mělník steam and gas power plant, 
which will replace coal-fired power plants by 2030. Ongoing 
monitoring is carried out both in the context of valid operating 
permits and in the context of corporate social responsibility (air 
monitoring near main emission sources). The results are reported 
to both the state administration and local authorities.
3.3.1. Water Management
GRI 3-3, 303-1, 303-2, 303-3, 303-4, 303-5; 
SASB IF-EU-140a.1, IF-EU-140a.2, IF-EU-140a.3 / SDG 6
Responsible water management and water conservation is 
essential for natural ecosystems and local communities as 
well as for our society. Water management is governed by the 
Environmental Safety and Protection Policy, which includes an 
Environmental Management System in accordance with ISO 14001. 
Within the framework of EMS in water management, as in other 
areas of environmental protection, we identify environmental risks 
and create conditions for their prevention and elimination. 
In 2022, CEZ Group joined the UN CEO Water Mandate and 
committed to responsible water stewardship and regular 
reporting on water management. By endorsing the UN 
CEO Water Mandate, CEZ Group agrees to continuously 
improve in six core areas of water stewardship practice: 
Direct Operations, Supply Chain & Watershed Management, 
Collective Action, Public Policy, Community Engagement and 
Transparency.
CEZ Group manages water systems in coal, CCGT, and 
nuclear power plants and utilizes energy potential of water 
for electricity generation in hydroelectric power plants. In 
the processes of water management and protection, CEZ 
Group follows relevant Czech legislation and decisions of 
water regulatory authorities. The impacts of operations of the 
production units are determined by the scope of valid permits 
for water abstraction and wastewater discharges issued by the 
local government. 
The permit conditions are set out using a combined approach 
based on:
	 indicators reflecting water status, 
	 environmental quality standards, taking into account the 
specification of best available techniques, 
considering the use of surface water affected by wastewater 
(e.g., for bathing or drinking water production) so that the 
abstraction or discharge of wastewater does not have 
a negative impact on water conditions.
In the case of surface water withdrawals, we participate in the 
management of watercourses by paying fees to river basin 
managers for the water withdrawn. 
Great consideration is given to water retention in the 
landscape in order to stabilize the level of groundwater and to 
the use of nature-based solutions. Examples include numerous 
polders in the areas of reclamation or the retention tanks at 
the Dukovany nuclear power plant, where the groundwater 
level is recharged from rainwater, which slowly percolates into 
the groundwater reservoirs.
In 2022, all surface water and groundwater abstraction permit 
conditions as well as wastewater and mine water discharge 
conditions were met, with the exception of two cases of 
exceeding the temperature of the discharged wastewater in the 
power plant with once-through cooling systems. The incidents 
occurred due to concurrent failures in the plant equipment 
while the heat supply had to be ensured. In the first case, the 
temperature was exceeded by a maximum of 2.2°C for 
6 minutes; in the second case, the temperature was exceeded 
by 0.3°C for 3 hours and 6 minutes. The operating staff took 
feasible steps to eliminate the faulty condition. No environmental 
impact was detected. A fine of CZK 10,000 was imposed by the 
competent authority responsible for monitoring compliance with 
environmental legislation for breach of a permit condition. 
3.3. Water Protection, Landscape Conservation, 
and Environmental Management
GRI 3-3, 413-1
CEZ Group      Sustainability Report 2022

35
Reports on compliance with the conditions of the integrated permits are published regularly through the relevant authorities.
CEZ Group reports data relevant to abstraction, accumulation (storage) and discharge. The report also includes office buildings 
in which water management is represented only by drinking water consumption and wastewater quantities, which are mainly 
transferred to third parties. The quantity of water consumed and discharged from production facilities is measured by meters 
whose accuracy is verified according to metrological rules. The quality of water is determined by analyses of water samples taken 
and analyzed by bodies holding a certificate of accreditation or a certificate of good laboratory practice relating to analytical 
testing of relevant parameters and to sampling of the required type of wastewater. 
3.3.1.1. Water Risk
CEZ Group’s conventional and nuclear power plants utilize surface water efficiently and economically. Water is used responsibly 
to minimize the impacts on its quality and quantity in all areas of operations. Before use, water is chemically and mechanically 
treated to reduce its possible contamination and to ensure the required water quality necessary for the utilization in a power 
plant operation. After use, a part of the used water is recycled in the plants to minimize the amount of surface water withdrawn. 
Groundwater is used in minimal quantities at CEZ Group. It is used for the production of drinking water, or in cases where the use 
of surface water is not suitable.
Several production units are located in water-scarce areas as defined by Aqueduct - Water Risk Atlas2). Water consumption in 
these areas is related to the operation of biogas plants, photovoltaic power plants and office buildings. From the total amount 
taken from suppliers in these areas (4.5 thousand m3, 0.0008% of CEZ Group total water withdrawal), approx. 9% was taken in 
areas with extreme water stress; the rest (91%) was taken in areas with high water stress.
Surface water is an indispensable resource in the generation of electricity for CEZ Group facilities and an indispensable cooling 
medium. Around three-quarters of the total surface water withdrawn is used for flow-through cooling. The water used in this way 
is returned to the watercourses immediately downstream of the abstraction point and comply with water quality requirements. 
Water from the cooling systems is also used to power water turbines when leaving power plants. Examples include hydroelectric 
power plants Mělník and Kořensko. Another example of harnessing the potential of water to generate electricity is the use of the 
wastewater discharge turbines in Ledvice and Prunéřov.
Withdrawals of surface water for CEZ Group’s operations do not significantly impact the water volume of the watercourses 
involved. Maximum surface water withdrawal of plants with circulation cooling ranges from 0.04 to 9.6% of the natural flow 
capacity (after correction of artificial regulations) at the abstraction point, and we can evaluate the withdrawal impacts as 
negligible or low3). A greater impact on the flow is represented by the maximum withdrawal of surface water for the Dukovany 
nuclear power plant. The surface water withdrawal is carried out from the Dalešice water reservoir and wastewater is discharged 
into the same reservoir. This reservoir is also used as a pumped storage hydro power plant. Last year, the maximum water 
withdrawal of the nuclear power plant was 38.7% of the flow through the reservoir, which is assessed as a very significant impact. 
In 2022, only about 22% of withdrawn surface water was used for technological purposes. There is no identified impact of surface 
water withdrawal on biodiversity in protected areas and on the presence of specially protected plant and animal species. CEZ Group 
assessment processes regarding impacts on biodiversity and our actions for biodiversity protection and restoration are described 
in section 3.3.2.
3.3.1.2. Water storage
Production sources withdraw surface and ground water and generally maintain small buffer reserves of both raw water and 
treated surface water for their own use – these are in the order of thousands of m3 at the most.
A specific case of water storage/reservoir storage is the reservoirs of pumped storage hydroelectric plants. A permanent water 
supply reserved for energy storage in times of surplus is maintained at the volume displayed in the following table.
Reservoir
Water storage thous. m3 (Ml)
Location
Homole
427
49°50'25.99"N, 14°25'04.05"E
Dalešice
16,150
49°08'21.32"N, 16°06'25.62"E
Dlouhé stráně
2,720
50°04'54.98"N, 17°10'22.72"E
2) The identification of water scarcity areas is based on the Global Reporting Initiative methodology, specifically GRI 303: WATER AND EFFLUENTS (2018). Water use 
areas were classified according to the methodology recommended by the Aqueduct Water Risk Atlas published by the World Resources Institute.
3) Methodology for Determining the Significance of Impacts, Ministry of Agriculture 2017, Czech Republic; Chapter 5.3.1.
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The retention of surface water and its storage in the reservoirs can generally be considered as an anthropogenic factor affecting 
water status and ecosystems by changing the morphology of watercourse channels. Simultaneously, however, reservoirs fulfil 
other essential complementary functions serving local communities. In order to protect against the effects of the increasingly 
significant climate change, reservoirs are used to buffer flood waves and to ensure minimum sanitary flows as laid down in the 
operational schedules approved by the local authorities. In times of drought, they provide the basic living conditions for aquatic 
plant and animal species in water streams. Some reservoirs are used not only by the local public for various sporting activities, 
including fishing, but also for shipping transportation.
3.3.1.3. Water Consumption and Recycling
Wastewater is recycled with the aim to reduce the consumption of surface water. CEZ Group reuses wastewater from cooling 
tower blowdown, sand filter and gypsum washing, seepage water, and drainage water if the quality of the wastewater is sufficient 
for new use. Rainwater is captured where possible. In 2022, we achieved to reuse wastewater and rainwater in a volume equivalent 
to approximately 7.7% of the total amount of surface water abstracted for technological purposes.
Water Withdrawn, Discharged and Consumed
2020
2021
2022
Total amount of water withdrawn
m3 thousand (ML)
592,478
525,431
578,996
Water withdrawn per electricity and heat generated
m3/MWh
8.61
8.15
9.32
Total amount of water discharged
m3 thousand (ML)
498,003
443,277
491,821
Amount of water discharged per electricity and heat generated
m3/MWh
7.24
6.88
7.91
Total water consumption
m3 thousand (ML)
94,475
82,154
87,175
Water consumption per electricity and heat generated
m3/MWh
1.37
1.27
1.40
3.3.1.4. Wastewater Management
Wastewater comes mostly from technological use, heat 
and electricity production, and sewage from sanitary and 
cooking facilities. Before its release into a watercourse, 
industrial wastewater is treated, and its quality and amount are 
monitored. Sewage wastewater is discharged into municipal 
sewage systems managed by water and sewage management 
companies, or it is treated in a company water treatment plant 
and returned to a watercourse. Wastewater that is or could 
be contaminated with oil is discharged through oil separators. 
Wastewater from once-through steam turbine cooling, rainfall, 
drainage, and other similar outlets which do not necessitate 
treatment are discharged directly to a watercourse. Neither 
priority nor priority hazardous substances as defined in the 
Water Framework Directive are discharged from CEZ Group 
facilities.
Wastewater discharges are subject to conditions set by 
relevant authorities. Groundwater protection requires that 
wastewater from electricity generation is only discharged into 
surface watercourses. Wastewater from flow-through cooling 
represents most of the volume of wastewater discharged, and 
conditions for its discharge are carefully maintained to ensure 
the safety of life and development of biotic communities. 
CEZ Group carries out regular monitoring of discharged 
wastewater at all outlets. For some indicators, continuous 
monitoring is provided. Our goal is to monitor the quality of 
wastewater and to respond promptly to any risk of quality 
deterioration. We regularly report the results of monitoring to 
relevant authorities.
Total amount of water withdrawn (ML)
2020
2021
2022
0
100,000
200,000
300,000
400,000
500,000
600,000
498,003
94,475
592,478
Total amount of water discharged
Total water consumption
443,277
82,154
525,431
491,821
87,175
578,996
CEZ Group      Sustainability Report 2022      Water Protection, Landscape Conservation, and Environmental Management
-11.3%
+10.2%

37
3.3.2. Biodiversity
GRI 3-3, 304-2, 413-2 / SDG 15
CEZ Group’s long-term strategic goals include reducing 
environmental impact, achieving global climate goals, 
protecting biodiversity, and meeting all emission and 
environmental requirements set by legislation and regulatory 
authorities. Assessment of relevant environmental impacts is 
an integral part of the operational processes of CEZ Group 
companies. As part of this commitment, we assess potential 
impacts on biodiversity within our value chain and are taking 
measures toward preventing and mitigating adverse effects.
3.3.2.1. Protection and Restoration of Biodiversity
CEZ Group Board of Directors has accepted the responsibility 
to protect biodiversity (see the Policy Matrix on pages 82-83) 
and approved a group-wide biodiversity initiative. The goal 
of the CEZ Group initiative is to prepare for reporting of 
Taskforce on Nature-related Financial Disclosures (TNFD) and 
Science Based Targets for Nature (SBTN) initiative and set up 
measurable goals to become a nature positive company. The 
primary challenge in promoting biodiversity in our industry is 
the reduction of the burning of fossil fuels and lignite mining 
and the recultivation of affected areas. In CEZ Group’s strategy 
VISION 2030—Clean Energy of Tomorrow, decarbonization is 
among our core environmental targets: the share of coal-fired 
electricity generation is set to drop to 12.5% by 2030.
CEZ Group’s biodiversity strategy includes this decarbonization 
target for reducing GHG emissions, reduction of pollutants, 
and reduction of lignite mining, as basic measures of 
protection and restoration of biodiversity. The strategy also 
involves restoration of areas affected by mining, where the 
biodiversity of natural habitats is promoted in the reclamation 
process. All investment interventions and changes in the 
operation of facilities that could impact biodiversity are subject 
to environmental impact assessments. In addition, biological 
monitoring is carried out before project implementation to 
provide a detailed mapping of the occurrence of all plant and 
animal species, especially protected ones. In case of their 
occurrence, environmental experts then relocate them to 
suitable habitats, for example, in reclaimed areas.
Some of CEZ Group’s sites are historically located near or 
within specially protected areas, in protected landscape areas, 
nature reserves, and in proximity to natural monuments. Some 
operations are located directly in nature protection areas 
of European importance or Bird Areas NATURA 2000. Any 
activities and operations at these sites with high biodiversity 
are subject to conditions and obligations set to protect 
species by competent nature conservation authorities.
An important part of CEZ Group’s biodiversity activities 
is the fight against invasive alien species in the regions in 
which we do business. Invasive alien species compete with 
native organisms for resources and habitats, and they cause 
ecosystem imbalance. 
The zebra mussel (Dreissena polymorpha) is an invasive 
alien species of mussel which has gradually colonized much 
of Europe’s aquatic environment. Like other invasive alien 
species, zebra mussel does not have a predator in the local 
environment of such a magnitude that it would reduce 
its population by natural means. Overpopulation causes 
technical problems in hydropower plants and other technical 
installations that use raw river water. In 2015, CEZ Group 
established cooperation with Palacký University in Olomouc to 
monitor, early predict and reduce the zebra mussel presence 
in water reservoirs where we operate our facilities.
3.3.2.2. Bird Protection
CEZ Group focuses on protecting birds from electrocution and 
preventing injuries and deaths of birds caused by their landing on 
power lines. Most commonly, plastic protectors are placed over 
insulators. Another method of bird protection is the installation 
of bracket structures to prevent the electrocution of birds 
landing on power lines. The bracket structures are equipped 
with bars for safe perching. This type of protection is used in the 
reconstruction or construction of new high-voltage lines.
In the distribution network of ČEZ Distribuce, 16,389 support 
points of high-voltage power lines were equipped with protective 
elements in 2022. ČEZ Distribuce owns and manages about 
475,000 high-voltage support points, of which 70% are now safe 
for birds. In 2022, CZK 48 million were spent on bird protection.
ČEZ Distribuce also monitors stork nests located on the 
distribution network installations. Every year, there are frequent 
cases of storks building their nests on support points of low-
voltage lines. The nests are removed and transferred to safer 
places in collaboration with regional authorities and the Czech 
Society for Ornithology. The support point is then fitted with 
a barrier to prevent the stork from returning. If nest removal is 
not possible, the wires around the nest are insulated to prevent 
storks’ injury or death by electrocution.
At the initiative of the Nature Conservation Agency of the Czech 
Republic (NCA CR), an inspection of hollow concrete power 
line poles was conducted by ČEZ Distribuce. The covering of 
the poles was checked and repaired to protect the critically 
endangered little owl (Athene noctua or owl of Minerva). The 
inspection of the columns was recommended by the NCA 
CR in areas critical for the nesting of the little owl. It is a highly 
endangered species, and its protection is a priority for species 
conservation, given the current critical status of its population in 
Central Europe.
In 2022, the success story of support for the nesting of the 
peregrine falcon (Falco peregrinus) continued at CEZ Group 
sites. Ten nesting pairs were recorded with 33 chicks hatching 
successfully. Since 2011, when the first falcon nesting box in 
Czechia was placed on the cooling tower of the Tušimice power 
plant, at least 147 chicks have been raised on high-rise power 
plant structures, chimneys, and cooling towers.
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3.3.2.3. Protected animal and plant species
In order to protect the environment and promote biodiversity, CEZ Group monitors species listed on the IUCN Red List of 
Threatened Species (2022) or otherwise protected, which live in their natural habitats in areas affected by operations.
IUCN Red List Species and National Conservation List Species with habitats in areas affected by CEZ Group operations
Total Number
Class
Critically endangered
31
Aves, Insecta, Plantae
Endangered
50
Aves, Insecta, Amphibia, Mollusca, Plantae
Vulnerable
99
Aves, Insecta, Amphibia, Reptilia, Mollusca, Crustacea, Rotifera, Fish, Mammalia, Plantae
Near threatened
100
Aves, Insecta, Amphibia, Reptilia, Mollusca, Arachnids, Mammalia, Plantae
Least concern
162
Aves, Insecta, Mammalia, Fish, Plantae
By conducting biological surveys in our localities, various species of animals and plants have been detected, and, in some cases, 
assessed as protected species. These species are often tied to specific conditions of a particular locality. CEZ Group tries to 
protect and support these particular areas to promote the existence of rare biotopes and the protected species of animals and 
plants associated with them.
An important area, where monitoring and protection of endangered plants and animal species is carried out, is the former 
Tušimice ash deposit area. The presence of endangered species of butterflies, birds, reptiles, and plants (Hipparchia semele, 
Sylvia nisoria, Lacerta viridis, Helichrysum arenarium) is a subject of protection in this area. The aim of protection is to stabilize and 
strengthen the populations of threatened species and to maintain or increase the potential of the area for permanently occurring 
species on the Red List of Threatened Species of the Czech Republic. As this is a valued area for many reasons, in 2022 a contract 
was prepared between ČEZ, a. s., and the Regional Authority of the Ústí nad Labem Region for the protection of the area under 
Act No. 114/1992 Coll., on Nature and Landscape Protection.
CEZ Group also cooperates with the irrigation system administrator Lesy ČR and, by diverting surface water through the area of 
the Hodonín power plant, it contributes to the protection of the unique and irreplaceable biotope of alluvial forests in Czechia 
threatened by previous complex water management measures. In addition, the diverted surface water subsidizes the Podluží 
spring, a source of drinking water for the local community.
During biological surveys at CEZ Group localities, the presence of some protected species of animals was detected, such as 
the Bombus lapidarius, Cicindela campestris, Hyles euphorbiae, Iphiclides podalirius, and Oriolus oriolus. In the case of plants, 
an example is the site of the Temelín nuclear power plant, where some species of plants included in the Red List of Threatened 
Species of the Czech Republic were detected. These include Filago arvensis, Centaurium erythraea and Vulpia myuros. The 
detected species are found within the grounds of the power plant, demonstrably due to the impact of construction work in the 
past. Soil manipulation and subsequent recultivation created areas with sparse vegetation cover or wet places where these plants 
thrive (mainly due to a low competitive pressure from the surroundings). 
Activities in localities always take into account conservation requirements of protected species of animals and plants.
3.3.2.4. Mine Reclamation
Technical and biological reclamation of areas affected by mining operations of CEZ Group continued in 2022. Restoration of 
landscape and establishment of ecological stability are essential for minimizing and eliminating of environmental impacts of 
lignite open-cast mining. The key objectives of reclamation are the creation of a new landscape with the restoration of all critical 
functions in the reclaimed areas and their integration into the surrounding landscape. Individual reclamation projects are prepared 
in accordance with the Comprehensive Remediation and Reclamation Plan.
The main activity of Severočeské doly is the mining of mineral resources, i.e., activities taking place below the surface. Biodiversity 
support is one of the main management priorities of Severočeské doly, as an important tool for nature and landscape 
conservation. Biodiversity protection and enhancement are subject to conditions set out in the mining permits under the 
Opening, Preparation, and Extraction Plans governing lignite mining in the Bílina and Nástup Tušimice mines. Protective measures 
are also introduced in the towns and villages affected by mining, such as creating noise barriers, walls, and forest belts that reduce 
adverse effects of mining activities. CEZ Group does not operate any other extensive subsurface activity.
In 2022, Severočeské doly completed landscape reclamation on an area of 170.16 ha and started new reclamation on an area of 
108.24 ha. Land acquisitions for mining were made on 34.36 ha of the Bílina mines and 25.11 ha of the Nástup Tušimice mines. 
Before the quarrying process, biological monitoring of the acquired lands is carried out. Its purpose is to map the occurrence 
of specially protected animal and plant species, which will be relocated to biotopes created in reclaimed areas. Monitoring is 
performed by professionals from Czech University of Life Sciences Prague.
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The reclamation process is regularly inspected by the Reclamation Department. Representatives of the state administration 
and representatives of the municipalities and towns in whose cadasters the reclamation work is carried out are also present on 
inspection day.
Summary table of individual types of reclamation, including percentages, as of December 31, 2022 (in ha)
Types and Areas of Reclaimed Land
In progress
Completed
Combined
Nástup Tušimice 
Mines
Bílina Mines
Nástup Tušimice 
Mines
Bílina Mines
Severočeské 
doly
%
Reclaimed land total
691.25
796.32
2,645.91
3,584.42
7,717.90
100 
Farmland
113.33
138.42
1,521.06
1,326.84
3,099.65
40.16 
Forest
552.47
499.35
918.83
1,641.56
3,612.21
46.80 
Water
4.64
19.39
54.13
155.94
234.10
3.03 
Other
20.81
139.16
151.89
460.08
771.94
10.01 
In 2022, land reclamation also continued in the vicinity of CEZ Group’s conventional power plants (landfills, tailings ponds, etc.), 
and 5.09 million tonnes of energy by-products certified for reclamation purposes were used. Energy by-products (EBPs) suitable 
for reclamation are mainly fly ash and its mixtures with slag and desulphurization products.
3.3.3. EMS - Environmental Management System
GRI 3-3 / SDG 9, SDG 12
CEZ Group considers environmental protection as an integral part of its management system. CEZ Group’s Environmental 
Management System (EMS) follows the requirements of the management system standard ISO 14001. As reported earlier, the 
Board of Directors is responsible for environmental protection and approves the Environmental Safety and Protection Policy. 
Within EMS, CEZ Group identifies environmental risks, creates conditions for their prevention and elimination, and reports on the 
environmental performance and impacts of its activities. All employees receive regular environmental training every two years.
The system of environmental management applies in the following CEZ Group locations:
	 Hydroelectric power plants: Lipno I, Lipno II, Hněvkovice, Kořensko, Orlík, Kamýk, Slapy, Štěchovice, Vrané, Dalešice, Mohelno, 
Dlouhé stráně
	 Nuclear power plants: Dukovany, Temelín
	 Conventional power plants and heating plants: Dvůr Králové, Trmice, Vítkovice, Ledvice, Tušimice, Prunéřov, Hodonín, Poříčí, 
Dětmarovice, Mělník, Skawina, Chorzów 
	 Combined cycle gas turbine power plant: Počerady
	 Non-production sites: AirPlus, AZ KLIMA, AZ KLIMA SK, Centrum výzkumu Řež, ČEZ Distribuce, ČEZ Energetické produkty, ČEZ 
Energetické služby, ČEZ ENERGOSERVIS, Domat Control System, e-Dome, ELIMER, ENESA, EP Rožnov, ESCO Servis, HA.EM 
OSTRAVA, High-tech Clima, Hormen, KART, MARTIA, Metrolog Sp., PRODECO, SD – Kolejová doprava, SPRAVBYTKOMFORT, ŠKODA 
JS, ŠKODA PRAHA, ÚJV Řež, Ústav aplikované mechaniky Brno.
Within each production site, environmental conditions are assessed and verified in relation to:
	 air quality
	 availability of natural resources
	 biodiversity
	 climate
	 existence of old environmental burdens
	 waste and hazardous substances management
	 water consumption and the impact of operations on surface and groundwater quality and water availability
The EMS includes a continually updated register of legal requirements that CEZ Group implements in its management 
documentation. Obligations established by applicable legislation, permits, and management documentation are monitored, and 
they are subject to annual internal audits at all locations. Likewise, external audits by an independent certification authority are 
performed. Registers of environmental aspects are kept for each site, and their significance in terms of environmental impacts 
are determined for each facility. EMS also includes monitoring of emissions and the evaluation of operational risks. Relevant 
environmental indicators are monitored in accordance with legal requirements and legitimate stakeholder requests. The scope 
and methods of monitoring and measurement are included in work documentation and methodologies.
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Environmental performance is assessed in the environmental 
profile, which is established for all generation facilities, 
and which contains an evaluation of measurable indicators 
monitored in individual environmental areas. The following 
environmental performance indicators are identified for 
electricity and heat supply and generation:
	 air emissions production
	 amount of surface and groundwater withdrawn
	 amount of drinking water withdrawn
	 amount of water for circulation and flow-through cooling
	 wastewater production
	 amount of waste produced
	 amount of sorted recoverable waste
	 energy by-products (EBPs) production
	 amount of recovered EBPs
	 amount of EBPs disposed of as waste
Annually, as part of the EMS review, the Board of Directors is 
informed about the environmental profile of the generation 
portfolio; we assess both environmental performance 
indicators listed above, and environmental targets achieved. 
CEZ Group tracks both absolute quantities and particular 
quantities relative to the volume of electricity and heat 
generated. Monitoring and measurement records and 
environmental impact records are also subject to review as part 
of internal and external audits.
CEZ Group informs its stakeholders about the environmental 
performance and results of monitored environmental 
indicators in Annual Reports and Sustainability Reports. 
Additional information is publicly available through integrated 
permit assessment reports (IPPC) and the Integrated Pollution 
Register (IRZ). In EU countries, the results are available in the 
E-PRTR (European Pollutant Release and Transfer Register) 
at European Industrial Emissions Portal (EIEP). The results of 
measurements and monitoring are transmitted to the public 
administration via the Information System for the Fulfillment of 
Reporting Obligations (ISPOP).
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CEZ Group recognizes the need to address climate change. 
It is the primary reason for a transition from an energy sector 
dominated by fossil fuels to one based on emission-free 
energy sources. A transformation of the energy sector offers 
opportunities for sustainable economic development, energy 
security, improved health, job creation, and other societal 
benefits. Emission-free generation is only one part of the energy 
transition. Another key factor is the application of technologies 
to improve energy efficiency.
In CEZ Group, the strategy of the energy transition is outlined in 
VISION 2030—Clean Energy of Tomorrow, which was published 
in May 2021. The three strategic priorities of VISION 2030 are: 
(1) the transformation of the generation portfolio to low carbon 
and the achievement of climate neutrality by 2040 (initially, the 
target was to achieve carbon neutrality by 2050), (2) the most 
cost-effective energy solutions and best customer experience 
in the market, and (3) the development of CEZ Group 
responsibly and sustainably following ESG principles.
The Science Based Targets initiative (SBTi), which provides 
expert assessment of climate goals for companies globally, has 
verified that CEZ Group’s near-term targets meet the conditions 
of the Paris Agreement.
CEZ Group’s decarbonization strategy includes efficient 
management of existing coal-fired power plants located near 
coal basins and the transformation of the heating industry. 
The share of electricity generated from coal will be reduced 
from 39% in 2019 to 25% by 2025 and 12.5% by 2030. In 
accordance with emission reduction plans, CEZ Group plans 
to reduce the operation of selected coal-fired power plants, 
and no new coal-fired power plants will be built. In the heating 
sector, CEZ Group plans to phase out coal by 2030.
Instead, CEZ Group will focus on increasing the capacity of 
existing emission-free renewable sources and building new 
ones – mainly photovoltaic power plants. CEZ Group plans to 
increase the installed capacity of new renewable energy sources 
by 1.5 GW by 2025 and by 6 GW by 2030. New installations 
will be built on sites of existing conventional power plants, 
brownfields, former mine dumps, built-up areas, and low-quality 
land. The car park in the Dukovany nuclear power plant is an 
excellent example of repurposing our own premises for the 
installation of a solar power plant. There are 322 parking spaces 
roofed with 2,600 double-sided photovoltaic panels generating 
approximately 850 MWh of emission-free electricity annually.
Nuclear power plants will remain part of a climate-neutral and 
stable portfolio. CEZ Group takes measures to increase their 
efficiency to ensure stable and reliable operation. In 2022, 
CEZ Group signed a Memorandum of Understanding with the 
South Bohemian Region for the Establishment of the South 
Bohemia Nuclear Park, which aims to accelerate preparation 
and introduction of small modular reactors.
In CEZ Group, energy transition combines a comprehensive 
sustainable approach to the energy sector with the specific 
needs of individual customers. We gradually increase interest 
in emission-free electricity generation from renewable sources 
directly at consumption points. We build self-managing smart 
distribution networks; we support digitalization and automation 
of energy solutions; we reduce energy loss and improve energy 
efficiency.
Further, CEZ Group is active in cooperation with government 
institutions. CEZ Group signed a Memorandum on Cooperation 
in Climate Protection with the Czech Ministry of the Environment 
in 2022. CEZ Group also develop projects supported by public 
financing from the State Environmental Fund of the Czech 
Republic. In the first round of the RES+ call No. 2/2021, 17 PV 
projects with a total installed capacity of 173 MWp were 
supported. In the second round of the call. No. 2/2022 24 PV 
projects with a total installed capacity of 727.7 MWp were 
supported.
Our goal is to develop clean technologies in transport 
and e-mobility. We install an increasing number of electric 
car charging stations to enable low-emission modes of 
transportation. In 2022, CEZ Group built 126 charging stations 
for electric vehicles in Czechia. It was the highest number 
so far in one year; the year before, the company put 115 stations 
into operation. By the end of 2022, CEZ Group operated 
515 charging stations with a total capacity of more than 34 MW, 
which is approximately a 40% of total stations on the market. 
In 2022, drivers charged their cars 265 thousand times at 
CEZ Group stations, an increase of 25% compared to 2021. 
According to the National Action Plan for Clean Mobility, 
19-35,000 charging points should be available by 2030. 
CEZ Group signed a memorandum launching the first phase of 
a pilot project to operate 10 hydrogen buses in Central Bohemian 
Region. A filling station for 100% green hydrogen will be installed 
as the first in Czechia. The electricity for hydrogen production will 
be supplied by the hydro power plant portfolio of CEZ Group.
3.4. Energy Transition
SDG 7
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In Slovakia, CEZ Group is a 49% owner of the company JESS 
(Jadrova energeticka spoločnosť Slovenska), active in nuclear 
energy. JESS also develops RES projects by installing solar 
power plants and using the electricity to produce green 
hydrogen for transport in Slovakia.
3.4.1. Transition to Renewable Energy: Hydro, Wind 
and Solar
One of the strategic priorities of VISION 2030—Clean Energy 
of Tomorrow is to transform the generation portfolio to a low-
emission one and achieve climate neutrality by 2040. The share 
of coal in production is steadily decreasing; currently, more than 
60% of the total generation of CEZ Group consists of emission-
free sources, including nuclear.
3.4.1.1. Hydroelectric Power Plants
In line with VISION 2030—Clean Energy of Tomorrow, CEZ Group 
increases operation efficiency and production volume at existing 
emission-free hydropower plants. Storage and pumped-storage 
hydroelectric power plants ensure dynamic functions of the 
electricity system, and the power plants serve as an essential 
backup for the system. In Czechia, CEZ Group has approximately 
a two-third share in the utilized hydraulic energy potential. We 
operate hydroelectric power plants in the Vltava River Cascade 
and pumped-storage power plants in Dalešice, Štěchovice, 
and Dlouhé Stráně. We also operate small-scale run-of-river 
hydroelectric power plants on several rivers in the country.
In 2022, CEZ Group’s modernized hydroelectric power plants 
retained stable level of production of emission-free electricity 
set in past 4 years. All CEZ Group hydroelectric power plants in 
Czechia generated more than 2.1 TWh of electricity.
Comprehensive modernization of CEZ Group hydroelectric 
power plants has been an essential part of maintaining 
a stable source of power and stability of the grid. It is the 
largest project of its kind in the history of the Czech hydropower 
industry, and it has spanned the past 15 years at the cost of more 
than CZK 3 billion. In this project, 38 units of 22 hydropower 
plants have been modernized, and the total capacity of the 
upgraded units is now 1,425 MW. The modernization has taken 
advantage of the latest science and technology, which enables 
the plants to improve energy efficiency by 5%. Under stable 
hydrological conditions, the upgraded units will produce tens of 
GWh more of emission-free electricity from water annually, thus 
contributing to sustainable management of a valuable resource. For 
example, Slapy power plant will save 80 million liters of water per 
year while producing the same amount of emission-free electricity. 
As part of the modernization, a 60-ton turbine block was installed 
in 2022. The completed modernization of Slapy power plant is 
another step towards an increased energy and resource efficiency.
Another positive environmental aspect of the modernization 
is the reduction of the volume of the oil fill in the hydraulic 
control of the units. An increase in the pressure in the control 
hydraulics causes a significant reduction in the volume of the 
oil fill. The power consumption of the pumps is reduced as 
well. For example, Kamýk power plant reduced the volume of 
the operating oil charge in the turbine control by 86% from the 
original 8,500 liters to today’s 1,200 liters.
The modernization of hydropower plants includes the installation 
of online diagnostics, which enable the monitoring of up to 
ten technical parameters. So far, online diagnostics have been 
installed on 18 units. The diagnostics continuously measure 
the operating conditions of turbomachinery, generators, and 
transformers. They contribute to improved operational safety, 
optimized maintenance costs, and lifetime management.
3.4.1.2. Wind Parks
CEZ Group is active in the wind energy sector in Czechia and 
abroad. The first modern wind power plants were launched 
in 2009. These units are located near Věžnice in the Vysočina 
region and near Janov in the Pardubice region. Their installed 
capacity is approximately 4 MW each.
In 2022, CEZ Group operated wind farms in Czechia and other 
countries with a total installed capacity of around 142 MW. 
In Germany, CEZ Group companies operate 53 turbines in 
10 onshore wind farms with a total installed capacity of 
133.5 MW. Wind power plants in Germany generated 255 GWh 
of emission-free electricity in 2022, 228 GWh in 2021, and 
292 GWh in 2020. Wind power plants in Turkey have an installed 
capacity of 28.2 MW. By the end of 2022, almost 70% of 
CEZ Group’s portfolio in the wind power sector in Western 
Europe was in the development phase. In France, CEZ Group 
develops a portfolio of 15 onshore wind farm projects 
with an installed capacity of up to 207 MW, with the first 
completed project in Aschères (12 MW, 4 turbines) to be fully 
commissioned in March 2023. In Germany, CEZ Group co-
develops in cooperation with local developers 12 wind projects 
with a potential installed capacity of up to 193.5 MW. The most 
advanced project – Datteln wind park (11.4 MW, 2 turbines) is 
expected to be commissioned by the end of 2023. 
3.4.1.3. Photovoltaic Power Plants
CEZ Group currently operates photovoltaic power plants in 
Czechia with a total capacity of 126 MW, covering the demand of 
about 40,000 Czech households annually. At the same time, 
CEZ Group is preparing a series of large-scale emission-free 
projects of new solar sources. These will have a capacity of 
thousands of MW, gradually replacing the phased-out coal-fired 
power plants and contributing to emission reduction. In line with 
VISION 2030—Clean Energy of Tomorrow, CEZ Group plans to 
increase new renewable energy sources, including photovoltaics, 
by 1.5 GW of installed capacity by 2025 and by 6 GW by 2030.
In November 2022, CEZ Group started the installation of the 
biggest photovoltaic power plant in Prague city center on the 
roof of Prague Congress Centre. The power plant covers an area 
of 7,000 m2 with 2,080 solar panels. This project is expected to 
provide annual energy savings of CZK 5.5 million. 
CEZ Group also installed photovoltaic panels on the premises 
of ČEPRO (joint-stock company with 100% state participation). 
This power plant consists of 1,300 panels and has a total installed 
capacity of 516 kWp. 
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Another important photovoltaic power plant was installed on the 
roof of a Billa warehouse in Modletice near Prague, which annually 
contributes to an emission reduction of 471 tonnes. 
At the very end of 2021, CEZ Group completed the acquisition 
of the German Belectric Group, a global leader in photovoltaic 
power plant design. Belectric is active in Germany, France, UK, 
Italy and Israel and constructed the Tramm Göthen photovoltaic 
power plant with an installed capacity of 172 MWp.
To test the properties and application of various types of panels, 
CEZ Group has established a new experimental photovoltaic 
power plant in Ledvice. New technologies and solutions are 
tested, such as double-glass and double-face panels (which allow 
illumination from both sides), half-cut solar panels for increased 
performance and durability, and PERC panels (which are effective 
in partial shade or dust accumulation). There are also panels 
tested for agrivoltaics (agrophotovoltaics) – these are vertically 
positioned panels suitable for combining clean electricity 
generation with agriculture. This cutting-edge technology creates 
a solution for sustainable farming systems. CEZ Group is testing 
and evaluating the properties and suitability of various types of 
panels intended for use in the upcoming development of large 
solar parks. Additionally, CEZ Group is currently testing floating 
solar power plant technology in the pumped-storage power 
station Štěchovice. In the pilot stage, the installed capacity is 
87.36 kWp. Overall, the upper reservoir could house solar panels 
with a capacity of up to 2.5 MWp.
3.4.2. Transition to Emission-Free Energy: Nuclear 
Power
Nuclear power plants are a part of a climate-neutral and 
stable portfolio. CEZ Group takes measures to increase their 
efficiency to ensure stable and reliable operation, such as 
renewal of equipment, and modernization. Between 2020 and 
2021, separators in Temelín nuclear power plant were replaced, 
increasing the output to 2×1086 MW and saving thousands of 
tonnes of CO2 emissions every year. 
Thanks to excellent maintenance and efficient management, 
the two nuclear power plants, Dukovany and Temelín, reached 
the highest daily production in history in December 2022, 
producing 1,639,647 MWh. In total, they produced 31.02 TWh of 
emission-free electricity in 2022, which is an increase of 0.94% 
year-on-year and also the highest ever annual production.
Since the launch of the T30T program in 2017, we aim to 
consistently achieve production of at least 30 TWh by nuclear 
power plants per year while maintaining safe and stable operation. 
In the coming years, we plan to increase nuclear emission-free 
production by another 2 TWh in some years (depending on the 
maintenance outage schedule) and aim for a 60-year lifetime.
We have gradually modernized and upgraded both nuclear 
power plants and managed to safely increase the output of both 
key nuclear sources without any emissions or land acquisitions 
otherwise necessary for the construction of new power plants. 
Currently, the Dukovany and Temelín plants supply emission-free 
power to the grid, covering more than 40% of the Czechia’s total 
annual consumption.
Another key element of the plan to strengthen Czechia’s energy 
security and self-sufficiency is the upcoming construction 
of a new nuclear unit in Dukovany. A tender for a contractor 
was announced at the beginning of 2022, and at the end of 
the same year, ČEZ, a. s., received a total of 3 bids for the 
completion of the nuclear unit at Dukovany. The bids are under 
evaluation. At the same time, preparations for the construction 
of a small modular reactor (SMR) accelerated. The most 
significant activities include the start geological surveys of the 
site and include the signing of a Memorandum of Understanding 
among ČEZ, a. s., the South Bohemian Region and ÚJV Řež, 
which established the South Bohemian Nuclear Park.
3.4.3. Transition to a Cleaner Energy: Gas
Natural gas plays an important role in the energy transition by 
allowing a gradual coal phase-out. A quarter of the total CO2 
emissions in Czechia is generated by heat production, which 
historically relied heavily on coal. The transformation of CEZ 
Group’s heating plants is one of the key areas to achieving our 
environmental commitments and targeted emission reduction, 
leading to low-emission production that we delineated in our 
strategy VISION 2030—Clean Energy of Tomorrow. By 2030, all 
district heating facilities owned by CEZ Group (incl. the largest 
source of district heating in Czechia, the Mělník facility) will 
produce heat only from low-emission sources.
3.4.3.1. Heating Sector Transformation
CEZ Group plans to invest an estimated CZK 30 to 40 billion 
in transforming heating sites into low-emission ones in the 
coming years, including Mělník facility as the significant 
part of the transformation. The first step in the planned 
transformation was the shutdown of Mělník III (2021), the 
largest coal-fired power plant unit of Mělník facility. Its closure 
transformed the site into a pure cogeneration plant, resulting 
in both higher energy efficiency and emission reduction. At the 
same time, preparations are underway for the construction 
of high efficiency combined cycle gas turbine (CCGT) plants, 
where we aim for EU taxonomy-alignment. The site is expected 
to use other low-emission technologies in the future, such as 
biomass boilers, heat pumps, and waste-to-energy facilities. 
These will gradually replace the cogeneration plants Mělník 
II and Mělník I. The Mělník II lignite unit will operate partly 
as a backup source until its shut-down. The existing coal 
storage yard of the Mělník III facility will be converted into 
a photovoltaic plant. These planned environmental measures 
will not affect the quality of heat supply to customers.
As coal-fired power plants are being phased out, buildings 
that are no longer useful will be demolished, generating large 
quantities of waste. CEZ Group is conducting pre-demolition 
waste screening to identify recoverable and hazardous 
waste before demolition starts, and the demolitions will be 
performed to maximize material recovery.
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3.5.1. ČEZ ESCO
ČEZ ESCO and its subsidiaries offer sustainable products and 
services that help customers reduce their carbon footprint and 
increase energy efficiency. CEZ ESCO fully aligns itself with 
the VISION 2030—Clean Energy of Tomorrow goals and helps 
customers reduce CO2 emissions and realize energy savings. 
One of the products offered is Emission-free electricity, which 
assures customers that electricity comes only from CEZ 
Group's nuclear power plants. Another product is Photovoltaics 
for 1 CZK, which allows customers to purchase a photovoltaic 
power plant without an initial investment, thus supporting 
clean energy production. ČEZ ESCO covers all costs, and the 
customer pays only for the green electricity consumed.
In 2022, ČEZ ESCO started to offer a modernization service of 
public lighting and a comprehensive electric vehicle charging 
solution for the corporate and public sectors and development 
projects. It is also developing new products to address the impacts 
associated with the energy crisis. CEZ ESCO is committed to 
reducing emissions, implementing a decarbonization strategy 
for its subsidiary EP Rožnov, and leading decarbonization teams 
for clients such as Liberty Ostrava and US Steel. It also educates 
clients on self-sufficiency and innovative technologies and is part 
of the Alliance for an Emission-Free Future, which emphasizes 
the importance of transitioning to a zero- or low-emission 
economy while remaining competitive. We are also developing new 
opportunities in the areas of green steam, heat pumps, innovative 
cogeneration combined with hydrogen, batteries or CPC (Carbon 
Performance Contract) projects.
The core of ČEZ ESCO’s business is the implementation of 
ecological and energy-saving technologies, which improve energy 
efficiency. Notable achievements in 2022 are listed below:
	 Modernization of one of the largest hospitals in Czechia – 
Thomayer Hospital in Prague: The largest energy-saving project 
in Czechia saves the hospital up to CZK 7 million annually in 
operating costs and reduces CO2 emissions by 2,500 tonnes.
	 Construction of the largest rooftop photovoltaic power plant 
in Prague for the Prague Congress Centre: Installation of 
2,080 solar modules, which saves more than CZK 5.5 million 
annually and contributes to the generation of clean energy.
	 32 active Energy Performance Contracting (EPC) projects: 
EPCs provide energy services with guaranteed financial 
savings. Customers saved CZK 304 million and the equivalent 
of 45,400 tonnes of CO2 emissions.
3.5.2. Smart Cities and Digitalization
ČEZ ESCO is developing the Smart City concept to help 
the public sector manage energy efficiently using modern 
technologies and renewable resources. The Smart City concept 
saves public budgets and improves the environment. ČEZ ESCO 
and its subsidiaries provide comprehensive services for Smart 
City projects, including preliminary studies, implementation, 
operation and servicing of green technologies. The company 
also offers various financing options and assists customers with 
subsidy processing.
ČEZ ENERGO has created a new communication and control 
infrastructure to provide Frequency Reserve Restoration (FRR) 
infrastructure and dispatching services for ČEZ ESCO and its 
customers. And ČEZ Energo’s 109 CHP units are certified for 
the FRR project, which is now in the implementation phase. 
As a flexibility aggregator, ČEZ ESCO, in cooperation with 
CEZ Group's trading unit, also provides communication between 
the support service provider and the transmission system 
operator ČEPS. 
In VISION 2030—Clean Energy of Tomorrow, CEZ Group 
commits to large-scale digitalization of distribution networks. 
The company wants to deliver the best customer experience in 
the market and bring all key customer processes online by 2025.
The CEZ Group digitalization program follows the National 
Action Plan for Smart Grids and requirements of the State 
Energy Policy. The digitalization program and its solutions will 
benefit renewables, energy storage, e-mobility, and new related 
services. The program focuses on two primary areas:
	 transforming distribution networks into smart automated 
networks,
	 transforming and digitalizing internal processes.
Modernizing CEZ Group distribution will require massive 
investments; smart digital electricity grids and fiber-optic 
networks account for most of them. For example, the company 
develops optical infrastructure to simplify remote control of 
stations and fault detection. Smart elements enable automation, 
which is key to remotely controlled components and distribution 
system monitoring. Eventually, such smartification significantly 
reduces the failure rate and increases the reliability of the power 
supply.
3.5. Innovative Solutions
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ČEZ Distribuce, a distribution system operator, spent 
CZK 14.6 billion on network modernization in 2022 (9% 
increase year-on-year). Between 2023-2025, ČEZ Distribuce 
plans to invest more than CZK 15 billion annually to ensure 
a high-quality and stable electricity supply. In the short 
term, the company wants to start implementing systems 
for metering, control, and management of nodal and loop 
distribution stations. ČEZ Distribuce envisions becoming 
a leader in digitalization and thus contributing to the 
decarbonization of the Czech energy industry.
3.5.3. Research and Development
GRI 201-4
Our research and development (R&D) covers many areas, 
including renewables and low carbon and sustainable 
solutions. R&D projects focus on nuclear energy, emission 
reduction, renewables, materials, reliability and durability of 
components and systems, hydrogen technologies, energy 
storage, smart grids, IT solutions and digitalization, energy-
saving technologies, and clean mobility. R&D outcomes are 
used across CEZ Group to improve the ecological, safety, and 
economic parameters of our operations and business lines. 
Many CEZ Group entities are members of various technology 
platforms and professional partnerships. We closely cooperate 
with technical universities.
In CEZ Group, R&D is mainly performed by the Research Centre 
Řež (RCŘ) and the ÚJV Řež. The RCŘ is a research organization 
focused on research, development, and innovation in the 
energy sector. The main research infrastructure consists 
of two nuclear research reactors and a set of laboratories 
and experimental facilities, including hot cells, experimental 
loops, and facilities for nuclear fusion research. The ÚJV 
Řež focuses on services and research for operators and 
manufacturers of energy equipment (especially nuclear power 
plants), on radioactive waste treatment, and on diagnostic 
radiopharmaceuticals for positron emission tomography. The 
ÚJV Řež is active in the development of hydrogen technologies 
for energy and transport. Both organizations are involved in 
many international research projects and activities, such as the 
EU Framework Programmes, the International Atomic Energy 
Agency, and the OECD/Nuclear Energy Agency.
In 2022, total R&D operating expenditures reached CZK 982.1 
million (3% increase year-on-year), of which subsidies formed 
44%. Details about specific projects, results, and memberships 
are available in the CEZ Group 2022 Annual Financial Report.
3.5.4. Inven Capital 
Inven Capital is a venture capital fund investing in climate tech and 
renewable energy start-ups. Backed by ČEZ, a. s., and European 
Investment Bank, Inven Capital has become one of the largest 
climate tech funds in Europe. So far, Inven Capital has invested 
in 15 start-ups and the British Environmental Technologies Fund 
2. Inven Capital exited four of these. Inven looks for start-ups 
in Europe and Israel, a country with an extensive start-up 
community. The companies Inven invests in are fast accelerating 
businesses with a potential to create great impact or enable other 
businesses to be impactful. 
All start-ups funded by Inven Capital engage in sustainable 
development and strive to be driving forces in their industries. 
They either change the way existing industries operate or create 
new hi-tech products. Inven portfolio companies have launched 
green projects related to hydrogen technology, solar energy, 
energy efficiency and savings, e-mobility, etc. Some of them are 
regularly included in the Global Cleantech 100 survey conducted 
by the consultancy Cleantech Group.
Being part of CEZ Group, start-ups can draw on extensive 
expertise in the energy sector, technology synergies, and client 
base. At the same time, the know-how and innovation of start-ups 
brings a huge added value to CEZ Group.
In addition to financial factors, Inven Capital regards sustainability 
as an essential part of its investment strategy. Inven Capital is 
a member of Leaders for Climate Action (LFCA), an international 
initiative that fights global climate change by decarbonizing its 
member companies. As an LFCA member, Inven Capital commits 
to including a sustainability clause in new investment contracts.
In 2021, Inven Capital joined VentureESG, a community of 
European venture capital funds, striving to consolidate ESG 
principles for sustainable investments. During 2022, Inven Capital 
developed its own ESG framework and an evaluation tool to 
assess and monitor its portfolio companies throughout the whole 
investment process. Inven Capital continuously supports portfolio 
companies in developing and applying ESG best practices.
Inven Capital itself operates in an eco-friendly manner. In 2021, 
the company became the first holder of a carbon-neutral 
business certificate in CEZ Group. 
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3.5.5. Partnerships for Innovation
We have a strong commitment to supporting innovation 
through partnerships, initiatives, and our VISION 2030—
Clean Energy of Tomorrow policies. At the same time, we are 
dedicated to fulfilling our commitment to sustainability by 
addressing its strategic priorities in the field of innovation and 
making a long-term positive impact for our customers. We are 
building an open innovation ecosystem in CEZ Group as well as 
outside: our goal is to develop and provide modern, efficient, 
and useful solutions for customers in B2B and B2C segments. 
Decarbonization, cost savings and digitalization of processes 
are our long-term focus areas in our development plans. These 
development plans are in synergy with our partners. We have 
professional partnerships with companies within CEZ Group 
(ČEZ ESCO, ČEZ Prodej, Inven Capital, and others) as well as 
outside. We can share innovative know-how to create new 
products and services with high added value. 
We seek memberships in professional associations, societies, 
and platforms connecting experts on innovations. Examples of 
our involvement include professional relationships with Electric 
Power Research Institute, vgbe energy e.V., and Sustainable 
Nuclear Energy Technology Platform. 
We are active or co-founding members of platforms that bring 
together entities from the energy, hydrogen, automotive, and 
research sectors to support e-mobility development, such as 
the E-mobility Platform or the platform of the National Action 
Plan for Clean Mobility. 
We also draw innovative inspiration from outside the energy 
sector. For instance, we participate in the Innovation Roadshow 
and are founding members of the I2US cooperation platform. 
Together with other Czech and international innovation leaders, 
we share our experience and use the knowledge gained 
for our innovations. This helps us benchmark our activities, 
share lessoned learned, and it has a positive impact on our 
effectiveness.
3.5.6. E-mobility
SDG 9, SDG 11
Our primary mission in e-mobility is to co-develop and support 
sustainable transport ecosystem in Czechia. Our vision is that 
end-product is easy to use and enables the end user to travel 
sustainably and conveniently. We are trying to achieve this 
through our presence in all parts of the e-mobility value chain 
where the end user meets any form of energy interface: 
(1) public charging infrastructure; (2) e-mobility service provider, 
and (3) supplier and operator of the private, home or office, 
charging infrastructure. 
3.5.6.1. Public charging infrastructure development
Public charging infrastructure is a major contribution of 
CEZ Group to the sustainable transport development. We are 
the largest charging point operator (CPO) in Czechia with over 
515 public charging stations (over 1,500 charging points), most 
of which are DC (direct current) or HPC (high power charging) 
chargers. In 2022 alone, we have installed 126 charging stations 
and opened six charging hubs with 12 or more charging points. 
We develop the network in line with our strategy to primarily 
enable and support intercity travel in electric vehicles, and we are 
focused on high performance charging hubs. By 2025, we plan to 
have 800 charging stations with over 60 MW of installed capacity. 
This strategy directly supports Czechia in delivering the 
obligations set by Alternative Fuels Infrastructure Regulation 
(AFIR). Besides supporting regulatory targets, our strategy also:
	 Provides a stabilization factor to renewable power production 
as the demand for fast charging in charging hubs (i.e., day 
hours) strongly coincides with the solar power production 
(as suggested by evidence from more developed e-mobility 
markets) 
	 Responds to customer demand for fast charging based on the 
evidence from our existing chargers (75% of charging sessions 
are ultrafast in locations with a choice of available charging 
speeds) 
Our infrastructure activities contribute to development of 
a sustainable transport system and sustainable economy in four 
major areas. First, we enable zero-tailpipe emissions in individual 
travel and freight transport by high-powered charging hubs 
strategically located to allow smooth transportation. Second, 
we implement sustainable technologies in real life situations, 
such as charging hubs using photovoltaics as a source of energy 
combined with battery storage, to support high-powered 
charging. Third, we increase efficiency of the electricity grid 
through the use of smart energy management solutions often 
combined with photovoltaics with battery storage. Fourth, we 
supply completely emission-free electricity in all public chargers 
we operate, either directly from local renewable generation or 
through purchase of guarantees of origin. 
However, we are severely impacted by a low utilization rate 
of our charging infrastructure in Czechia. This is a result of 
a combination of a highly efficient network we have built with 
a very low adoption of battery electric vehicles (BEV) in the local 
market: only 2% of new car registrations are BEVs, as opposed 
to a 9% average in the EU. We see the low BEV adoption as the 
most significant threat to a further development of high-quality 
infrastructure for sustainable transport. 
3.5.6.2. E-mobility charging services
By building the public charging infrastructure, we make the 
sustainable and climate-friendly mobility available even for 
people without the possibility to charge at home or at work. 
As our public charging network is robust and supplied by 100% 
renewable energy, we support the penetration of EVs and 
contribute to faster transition towards BEVs.
We fully support interoperability to make charging of electric 
vehicles a flawless experience. Connectivity is key in delivering 
this experience, since it provides significant benefits for urban 
e-mobility solutions and long-distance travelling, it leads 
to customer satisfaction with sustainable charging services 
provided. 
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Our FUTUR/E/GO charging service is fully interconnected (roamed) with other CPOs in Czechia, with clearly defined steps towards 
future provision of our services abroad as well.
Our strategy is to offer a product with a single identity, which is driven by 100% sustainable energy and leads to an extraordinary 
customer experience, helping us achieve the TOP 3 rating in e-mobility provider (EMP) services in Czechia. The single identity of 
our product helps our customers simplify the charging of their EVs by an all-in-one charging service.
We focus on easy-to-use charging services and make the use of EVs easy for our customers in their everyday life. We contribute to 
an increasing quality of life in cities by lowering air pollution and noise, while reducing the total carbon footprint of transportation. 
3.5.6.3. E-mobility partnerships and initiatives
We cooperate with a wide variety of stakeholders. The most notable example of this cooperation is our wide support of 
interoperability. We provide open access to our physical charging infrastructure to other EMPs on a non-discriminatory basis, 
enabling smooth charging experience for local, inter-city and cross-border travel independent of drivers’ e-mobility service provider. 
We are a proud founding member of the E-mobility platform, an association of major representatives of the e-mobility ecosystem 
in Czechia. The mission of the platform is to open and moderate public discussion on e-mobility-related topics including but not 
limited to vehicle affordability, availability of charging services, support of education, innovation, and research. The ultimate goal of 
the platform mission is to help create a favorable environment for the development of a sustainable transport ecosystem.
We are also an actively participating signatory of the Memorandum on Cooperation in the Development of Electromobility in 
Czechia. The memorandum defines main areas of cooperation among the relevant governmental ministries, state owned companies 
responsible for road and railway infrastructure development, and companies invested in the development of charging infrastructure 
and production of electric vehicles.
3.5.7. Energy Consumption and Reduction of Energy Intensity
GRI 3-3, 302-1, 302-3; SASB IF-EU-000.D / SDG 7
Energy consumption within CEZ Group includes all energy consumption, including primary energy (chemically bound in fuels) used 
to produce noble forms of energy (electricity and district heat). 
The total energy consumption4) corresponds to the difference between the energy input and the energy output:
A)	ENERGY INPUT	
	
	
                                          B) ENERGY OUTPUT
             energy consumption from non-renewable (fossil) 
fuels (coal, natural gas, liquid fuels)
             energy consumption from renewable fuels 
(biomass, biogas, liquid biofuels)
             heat produced in steam generators 
from nuclear fuel
             energy production from non-fuel sources 
(wind, water, photovoltaics)
             purchase of energy (electricity, heat) 
for own consumption
The most significant item of total energy consumption is the energy chemically bound in fuels used to generate electricity 
and heating. In addition, the total energy consumption includes own consumption of electricity for electricity production, 
consumption of electricity for heat supply for heating purposes, consumption of electricity for other purposes (buildings, lighting, 
etc.), own consumption and losses of process heat, and own consumption of district heating (heating, hot water, etc.).
The energy intensity indicator for electricity and heating production in CEZ Group is expressed as the ratio of energy consumed 
from renewable fuels, non-renewable fuels (including nuclear fuel) to energy sold (electricity, heat, cold, process steam).
+
-
+
+
+
+
             sale of energy (electricity, heating, cooling, 
process steam)
4) Fuel consumption in energy units (usually in TJ) is determined by as the product of the quantity of individual fuels (kg, t, m3) determined by verified meters and the 
calorific value of fuels determined by laboratory analysis of fuels in accredited laboratories or declared by the supplier (natural gas or liquid fuels).
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Energy balance (energy consumption from fuel per energy supplied)
Unit
2020
2021
2022
A) Energy consumption in fuel for electricity and heat production
TJ
578,439
535,991
523,519
o/w non-renewable fuels
TJ
563,471
523,583
513,851
o/w renewable fuels
TJ
14,967
12,408
9,668
B) Energy generated from nonfuel sources
TJ
10,320
7,351
6,936
C) Energy supplied
TJ
208,903
199,166
194,061
o/w electricity
TJ
184,921
172,773
170,543
o/w heating
TJ
23,982
26,393
23,465
o/w cooling*
TJ
N/A
N/A
53
o/w steam*
TJ
N/A
N/A
0
Total energy consumption, including primary energy for electricity and 
heat production (A+B-C)
TJ
379,855
344,176
336,393
Energy intensity indicator (A/C)
2.769
2.691
2.698
* Indicator reported since 2022.
Resource share of the energy mix in 2022
%
Nuclear
56.7
Hydro
3.9
Photovoltaic
0.3
Wind
0.5
Coal
32.7
Natural gas
4.5
Biomass
1.4
Biogas
0.0
Our energy-saving commitments, which are described in the CEZ Group Energy Policy and approved by the Board of Directors, 
set the framework for energy management and efficiency. Fulfilling these commitments will also help us achieve our target to 
reduce our GHG emission intensity (from 0.38 tCO2e/MWh in 2019 to 0.16 tCO2e/MWh in 2030).
Since 2015, the Energy Management System (EnMS) has been a key tool for energy savings in CEZ Group. EnMS fully aligns with 
the Environmental Management System (EMS), and together they help fulfill our environmental policy. In particular, EnMS aims to:
	 improve energy efficiency,
	 optimize operations,
	 reduce greenhouse gas emissions.
EnMS follows the ISO 50001 standard and is set up at most of our sites. Alternatively, regular audits are carried out. Regular 
internal and external EnMS audits check that energy management requirements are met. Every year, the EnMS – its conditions and 
targets - is subject to a second review by the management and in case of a significant change (e.g., new technologies and inputs), 
the EnMS conditions or targets are reviewed.
We have targets and action plans for energy savings at sites with EnMS and regularly monitor energy flows critical to overall 
energy efficiency. We review our energy consumption annually and evaluate progress against energy targets and action plans. 
In 2022, while CEZ Group’s total energy consumption decreased by 2% compared to 2021, the energy intensity ratio increased. 
This was due to more energy-intensive condensing production of heat sources in the winter months, when gas supplies were 
limited, and electricity demand was high. Condensing production also led to an increase in water consumption for cooling.
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Employees at sites with an implemented EnMS receive training 
(in person or online) at least once every two years. Employees 
learn about energy consumption indicators in office buildings 
and different technologies, including energy efficiency 
indicators, and find out how to approach them responsibly. 
Our suppliers performing site-specific activities also attend 
EnMS training. In their case, the training primarily focuses on 
becoming familiar with energy management requirements.
In line with the Czech National Energy Efficiency Action Plan, 
we implement energy efficiency initiatives with our customers. 
We install modern technologies, smart products, and systems 
that intelligently manage energy consumption. 
We also raise customer awareness of energy savings through 
information campaigns.
Major energy-saving projects we implemented for our 
customers in 2022 are listed below:
	 high-efficiency cogeneration of electricity and heat,
	 heat pumps in residential buildings,
	 energy services with guaranteed financial savings,
	 energy-efficient lighting in non-residential buildings,
	 energy-efficient outdoor lighting in industrial premises.
In the next few years, we will focus primarily on digital 
transformation and decentralized energy generation. We see 
digitalization as a driver for lower energy consumption, and 
we have set a target to cover 80% of consumption with smart 
meters by 2030.
CEZ Group      Sustainability Report 2022      Innovative Solutions

We are a partner   
for  our  customers,   
we  solve  their   
energy  needs,   
and  we  bring   
innovations

Social 
4

Collective agreements in 
CEZ Group cover 78% of our 
workforce.
97.6% of workforce is 
covered by Occupational 
Health and Safety 
Management Systems; in 
2022, we met our annual 
target of zero fatalities.
CEZ Group operates 
9 information centers for 
interactive excursions and 
activities, welcoming over 
200,000 visitors in 2022.
CEZ Group offers successful 
ReakTour, virtual excursions 
into nuclear power plants. 
More than 85,000 students 
visited our facilities virtually.
ČEZ Prodej was awarded the 
title of the most trustworthy 
energy supplier for the sixth 
time in a row.
CEZ Group was awarded 
the title of TOP Large 
Responsible Company 2022.
CEZ Group and CEZ 
Foundation are generous 
corporate donors. Our 
financial donations reached 
CZK 368.2 million. 
CEZ Group secured the 
capacity of 3 billion m3 of 
natural gas through LNG 
terminal in Eemshaven 
in Netherlands (third of 
national annual demand). 
That provided increased 
safety, security, and reliability 
of supply for Czechia.
During 2022, ČEZ Distribuce 
connected 21,487 of 
photovoltaic power 
plants and received from 
customers record-high 
70,212 requests for 
connection of micro-
generators (the number 
of requests quadrupled 
compared to 2021). 
CEZ Foundation together 
with employees financially 
helped Ukraine with CZK 
14.6 million. CEZ Group 
provided equipment for 
the renewal of energy 
infrastructure.
CEZ was given the Health 
Promoting Enterprise 
Award from the National 
Institute of Public Health.
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53
4.1.1. Corporate Citizenship
CEZ Group recognizes its social, environmental, and financial 
responsibilities linked to its operations and business activities 
in the European market. Our goal is to be a responsible 
corporate citizen and a good neighbor who is actively and 
consistently involved in the support and development of 
community life. CEZ Group supports projects in various areas, 
including (but not limited to) social care, education, culture, 
sports, environmental protection, improvement of local 
infrastructure, and healthcare. We have a significant economic 
(direct and indirect) impact on the development of local 
communities and regions in Czechia. We are a major employer 
and create employment opportunities in the supply chain.
4.1.1.1. Communication
CEZ Group promotes transparent and open communication 
about its current activities and operations, the state of the 
distribution grid, and investments with an impact on local 
communities. Throughout the year, meetings are organized 
between CEZ Group representatives and members of local 
governments, NGOs, municipalities, and local communities to 
provide comprehensive information and to deal with issues 
from community grievance mechanisms.
CEZ Group management also regularly communicates 
with employees and informs them about the activities, 
developments, and direction of the company. Employees have 
access to information online, in newsletters, via online interviews 
with company management, in the company magazine, and 
through other channels.
CEZ Group management also openly communicates with trade 
unions about their intentions, the Group’s financial results, and 
other matters concerning the employees. Major CEZ Group 
companies have collective agreements, which regulate relations 
between employees and the employer.
4.1.1.2. Donations
CEZ Group, together with CEZ Foundation, is one of the 
largest corporate donors in Czechia. Their comprehensive 
approach to donation activities is regularly recognized by 
an independent jury (TOP Responsible Company, Donors 
Forum ranking). In 2022, financial donations by CEZ Group 
companies reached a total of CZK 368.2 million, of which 
CZK 252.9 million were donated to CEZ Foundation, and 
CZK 115.3 million were donated directly. In addition to direct 
financial donations, CEZ Group supports municipalities, local 
communities, and non-profit organizations through 
non-financial contributions.
Employees are also involved in corporate donation, 
recommending to whom the aid should be directed and making 
financial donations themselves. Two employee fundraisers were 
held in 2022: within a week after the Russian invasion of Ukraine, 
ČEZ, a. s., organized a large fundraiser among employees. The 
donated sum (CZK 7.3 million) was subsequently doubled by 
CEZ Foundation to a total of CZK 14.6 million. The donation was 
distributed to respected non-profit organizations carrying out 
humanitarian aid directly in Ukraine or taking care of refugees 
coming to Czechia (e. g., the Czech Red Cross, UNICEF, Medicines 
Sans Frontiers, Czech Federation of Food Banks, and others).  
CEZ Foundation also launched a Crisis Grant Ukraine aimed 
at addressing the impacts of the refugee wave on local 
communities and economies: it was used to cover operating 
costs – for example, accommodation, meals, and material 
assistance – of non-profit organizations, municipalities and cities 
that granted asylum to Ukrainian refugees. Within two weeks, 
115 applicants expended an amount exceeding CZK 5 million.
CEZ Foundation also has a special grant for CEZ employees 
engaging in local community organizations and activities that 
address local needs: each employee can apply once every two 
years for an amount of up to CZK 30,000 (from January 1, 2023, 
this amount was increased to CZK 50,000) for their organization.
The traditional Autumn fundraiser campaign Granting Wishes, 
among CEZ employees raised more than CZK 3.4 million for 
people in difficult life situations: mainly people with some sort of 
disability, incurable disease, physical or mental handicap. Again, 
CEZ Foundation doubled the sum raised by employees to a total 
of CZK 7.5 million. In 2022, the fundraising campaign Granting 
Wishes ran for the sixteenth time, and the total sum raised in 
the campaign and emergency donations since its establishment 
reached over CZK 70 million.
CEZ Foundation also runs a popular mobile app called EPP – Help 
by Movement, which works at the same time as a sports tracker 
and a charity app. The general public is motivated to be physically 
active (the options include activities for all age groups and for 
the handicapped) and is also directly involved in the choice of 
projects which should be financially supported. In more than seven 
years of the app’s existence, it has gained over 600,000 users. In 
2022, the app distributed CZK 26.6 million among 356 non-profit 
organizations.
4.1. Community Relations
GRI 3-3, 203-1, 203-2, 413-1, 413-2 / SDG 17
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4.1.1.3. Volunteering
The corporate volunteering program Time for a Good Cause 
is announced annually in all regions of Czechia. The collective 
agreement guarantees that each employee can use two 
workdays of paid leave per year to volunteer. In the 15 years since 
the launch of the volunteering program, over 8,600 employees 
participated in 1,187 events. Volunteering activities can be carried 
out both individually and in a larger group. The company also 
supports team building in the form of a volunteering activity. 
All non-profit organizations involved in the volunteering program 
receive a contribution from CEZ Group to cover the expenses of 
providing working tools and refreshments for the volunteers. 
Overview of areas supported in the volunteering program in 2022 with 
respective numbers of volunteers
Environment, ecology, and animals
540
Social and health
210
Regional and community development, cultural heritage
93
Children and the youth
66
Elderly
16
Education and research
6
Employees of the Severočeské doly Group are involved in the 
Corporate Volunteering project, in which the company helps 
selected communities affected by the mining operations at 
the Bílina and Tušimice mines. In 2022, a total of 22 employees 
participated in 3 corporate volunteering events in the area.
4.1.1.4. Charitable Activities
Various events and activities have a long-standing presence in 
CEZ Group’s philanthropic endeavors. These include employee 
grants, breakfasts, and sheltered workshop markets organized 
for employees, and recycling of clothes and mobile phones to 
support the employment of people with disabilities.
Employee grants are intended to support NGOs in which 
our employees are directly involved in their spare time. In the 
past eleven years, 1,032 projects were supported with a total 
amount of CZK 30.3 million.
Breakfasts for employees and Easter and Christmas markets 
include the sale of products, food and refreshments prepared 
by people with disabilities and in sheltered workshops. In 2022, 
the total amount raised at these events was over CZK 1 million. 
Since 2017, a charity collection of clothes, shoes, and 
accessories called Wardrobe Draft is regularly organized by 
CEZ Group at several locations in Czechia. In 2022, employees 
donated almost 2,249 kg of clothing and footwear which was 
then distributed to regional charities and clothes banks. Since 
2017, the total amount collected is over 11,226 kg of clothing. 
A regular collection of old, unused, or dysfunctional mobile 
phones among employees took place  in cooperation with the 
Remobil initiative. It supports the employment of people with 
disabilities and promotes recycling, reuse, and the protection of 
the environment. In 2022, employees donated 447 devices. In the 
past three years, almost 1,500 devices were collected, equivalent 
to saving 2,359 kg of CO2 and over 44,000 liters of water. 
A number CEZ Group companies organized a variety of charity 
collections of material aid (clothes, shoes, toiletries, baby 
food, household equipment and utensils, small appliances, 
learning aids for children, laptops and more) to support 
refugees from Ukraine. Several CEZ Group companies helped 
with accommodation and household equipment for refugees 
affected by the Russian invasion of Ukraine.
We donated about 30 items of important energy equipment 
no longer used in CEZ Group to Ukraine. The equipment for 
the renewal of energy infrastructure was donated by the 
Temelín nuclear power plant, the Prunéřov and Dětmarovice 
power plants, the Energotrans Mělník heating plant, and 
ČEZ Distribuce.
We support medical facilities (ČEZ Distribuce provided 
equipment for a box in a Burn ICU Recovery Room of the 
Královské Vinohrady University Hospital), community eco 
projects (Belectric Israel – a garden created for new Israeli 
residents from Ethiopia). Our colleagues at ÚJV Řež provide 
a conference center for events organized by local communities 
and municipalities.
4.1.1.5. Information Centers
CEZ Group operates nine information centers offering a wide 
range of excursions and interactive activities. The turnout in 
2022 was more than 200,000 visitors. One of the most exciting 
parts of the excursions is a close-up view of power plant 
technologies. In 2022, a brand new special virtual tour through 
the Dukovany nuclear power plant via virtual reality (VR) 
goggles was launched in the ReakTour project. It is the second 
VR tour. The VR headsets allow visitors to enter the most 
guarded areas of the Czech nuclear power plants including 
the nuclear reactor itself.
Thanks to their high popularity, our online excursions called 
Virtually at the Power Plant continued in 2022 as well. The 
tours are available free of charge via MS Teams for both 
schools as a supplement to science lessons and the public 
interested in energy topics. The project was started in 2020, 
when our information centers were closed most of the time 
due to strict pandemic restrictions. As the popularity of the 
project exceeded initial expectations – by December 2022, 
more than 85,000 pupils and secondary-school students took 
part – CEZ Group continues to offer it to schools. Participants 
take a virtual walk inside each of the Czech nuclear power 
plants and the inner structures of hydroelectric, wind and 
photovoltaic power plants. In 2022, a new type of excursion 
focusing on electricity distribution was added to the program. 
Subsequent online tours are planned for the following 
academic year, too.
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55
4.1.1.6. Awards
In 2022, CEZ Group’s companies were recognized for their 
sustainable business, corporate responsibility, and employee 
management in the following competitions:
	 Sodexo Employer of the Year 2022 (in the category Large 
Company with more than 5,000 employees): first place for 
the parent company ČEZ, a. s.
	 Sodexo Employer of the Decade 2022 (in the category Large 
Company with more than 5,000 employees): fourth place for 
the parent company ČEZ, a. s.
	 TOP Responsible Company 2022 (in the category Large 
Company and the category Reporting): Leader for the parent 
company ČEZ, a. s.; organized by Business for Society
	 CEZ Group also succeeded in the TOP Employer 2022 survey 
conducted among university students. The Group ranked first 
in three categories: (1) The Energy, Gas, and Petrochemical 
Sector category, (2) the Technician Award, and (3) the Clear 
Choice category
	 Most Trustworthy Energy Supplier 2022 in the Most Trustworthy 
Brands CZ Award (the company holds the title since 2016)
	 Donors Summit 2022 organized by Donor Forum: first place 
for CEZ Foundation in the category Annual Report and 
second place for CEZ Foundation in the category Employee 
Fundraiser Czech Republic 
	 National Award for Social Responsibility and Sustainable 
Development 2022: third place for ČEZ, a. s., in the category 
of Private Sector
	 Czech TOP 100, third place in the Top 100 Most Important Czech 
Companies 2021 for ČEZ, a. s. (awards took place in 2022)
	 Czech 100 Best Award 2022, first place for ČEZ, a. s.
	 TOP 10 Large Companies (ESG rating of companies compared 
as part of SDGs Awards, awarded by the Association of Social 
Responsibility and the University of Economics in Prague)
	 Health Promoting Enterprise (award for companies promoting 
health at the workplace and caring for the health of their 
employees above and beyond the law, awarded by the 
National Institute of Public Health)
4.1.2. Human Rights
GRI 2-27, 3-3, 406-1, 408-1, 409-1, 411-1
CEZ Group is committed to respecting and upholding human 
rights in all its operations and business activities. CEZ Group 
adheres to all relevant legal requirements and obligations 
and strictly prohibits any form of malpractice, corporal 
punishment, discrimination, human trafficking, slavery, forced 
labor, and child labor within its operations and supply chain. 
CEZ Group’s commitment to corporate responsibility and 
ethical conduct reflects the national legislation, EU regulations, 
international treaties, and regulatory rules currently in force 
and effect. In addition, recommendations and procedures from 
expert organizations and best practices are incorporated into 
the corporate culture and behavior.
The same respect for human rights is required in the supply 
chain – CEZ Group suppliers are obliged to maintain the same 
level of integrity as CEZ Group requires of its own companies 
and employees, including in relation to third parties. CEZ Group 
suppliers are required to sign and abide by the Commitment 
to Ethical Conduct, which includes principles of behavior 
regarding human rights, labor practices, protection of people 
and the environment, anti-corruption, and money laundering. 
CEZ Group reserves the right to monitor and verify that the 
supplier follows the rules stipulated in the Commitment. To this 
end, we regularly perform audits in our supply chain as part of 
our compliance management system. 
CEZ Group participates in the UN Global Compact initiative 
and follows and respects the Universal Declaration of Human 
Rights, the United Nations Convention on the Rights of the 
Child, and the core conventions of the International Labour 
Organisation (ILO). CEZ Group’s first Communication of 
Progress for the UN Global Compact will be submitted in 2023.
CEZ Group creates conditions that enable everyone to develop 
their full potential. We respect and value differences among 
people whatever their age, sex, gender, race, ethnicity, physical 
ability, medical capacity, sexual orientation, education, social 
status, religion, political affiliation, trade union membership and 
other differences. We reject discrimination of any kind. This 
principle is defined in our Diversity and Inclusion Policy. 
Historically, Czechia has never been a colonial power and has 
never conquered or settled in areas inhabited by indigenous 
peoples. While no official definition of the term indigenous 
exists, we recognize the United Nations approach, which is 
based on the fundamental criterion of self-identification. 
This approach also considers several other factors, such as 
a strong link to territories and surrounding natural resources; 
distinct social, economic, or political system; distinct language, 
culture, and beliefs; and non-dominance in society. Because 
CEZ Group does not operate in territories with indigenous 
population, we do not have an Indigenous Peoples Policy. 
However, we recognize the rights of autochthonous ethnicities, 
such as Kaszubi, Mazurzy, Warmiacy, and Silesians.
Any violation of human rights can and should be reported 
through a publicly available  whistleblowing hotline. For more 
details on whistleblowing, see Section 5.4.1.9.
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4.2. CEZ Foundation
SDG 17
CEZ Foundation was established in 2002 as one of the first 
corporate foundations in Czechia and celebrated its 20th 
anniversary in 2022. The foundation has been active all over 
the country and has made 15,320 contributions totaling 
CZK 3.3 billion over the course of its operations. 
In 2022, the foundation supported 1,556 public benefit 
projects with CZK 221.32 million in programs that responded 
to the current needs of society. The projects included regular 
grant programs, special aid to people affected by the war in 
Ukraine, and other activities.
4.2.1. Programs and Activities of CEZ Foundation 
in 2022
	 Support for Regions focused on projects of public benefit 
and activities that contribute to the improvement of the 
quality of life in communities in the whole country.
	 Orange Playground supported the construction and 
renovation of playgrounds, multi-purpose and sports 
grounds.
	 Orange Crosswalks increased pedestrian safety by providing 
illumination of pedestrian crossings.
	 Trees supported the planting of trees, noise and dust walls, 
windbreaks, and the renewal of tree avenues while improving 
the environment in towns and cities.
	 Nonprofits focused on the development and 
professionalization of nonprofit organizations providing 
direct care services in the social sector.
	 Orange Classroom helped to improve the quality of teaching 
of technical and science subjects by providing teaching aids 
and equipment to educational institutions.
	 Employee Grants supported non-profit organizations in 
which employees of CEZ Group volunteer.
	 Granting Wishes (a joint charity event of CEZ Group 
employees and CEZ Foundation) distributed financial 
contributions for people in difficult life situations nominated 
for help by the employees. CEZ Foundation doubled the 
amount raised.
	 Orange Bike involved the public in charity rides organized 
during cultural, social, and sporting events for the benefit 
of local non-profit organizations.
	 The mobile phone application EPP Pomáhej pohybem 
(Help by Movement) recorded its users’ movements 
and generated points to support projects of non-profit 
organizations, schools, and municipalities. 
	 Crisis Aid offered rapid financial support to those who 
helped people fleeing the war in Ukraine (e.g., operating 
costs related to refugee accommodation, food, and material 
assistance) and to communities affected by a natural 
disasters.
	 Employees Helping – Ukraine was an extraordinary employee 
fundraiser launched to help areas affected by the war 
in Ukraine. CEZ Foundation doubled the sum raised by 
employees and distributed it among respected non-profit 
organizations that either work directly in Ukraine or are 
involved in helping refugees.
	 In 2022, grant procedure Pomocná ruka zaměstnancům 
(Helping Hand for Employees) was announced for the first 
time. It supports employees who have found themselves in 
a difficult life situation as a result of a work-related accident 
arising from their employment in CEZ Group.
Information on all CEZ Foundation activities is published on the 
CEZ Foundation website and in the CEZ Foundation Annual 
Report.
CEZ Group      Sustainability Report 2022

57
4.3.1. Responsible Employer
GRI 2-7, 2-30, 3-3, 401-1, 401-2, 401-3, 405-1, G4-EU15
The energy sector has always been dependent on a highly 
qualified workforce. Given the current ESG impacts, the 
entire energy industry is undergoing an unprecedented 
transformation that underscores the need for human capital 
development and talent management. Without competent 
and committed employees, we cannot provide a stable and 
secure supply and innovative solutions to our customers. Our 
employees are paramount to our success.
To fulfil our vision, we create working conditions that foster 
employee loyalty and high satisfaction and attract suitable 
candidates with the right skills. In practice, we promote 
equal opportunities, stimulate fair treatment and open 
communication, encourage diversity, offer workplace flexibility, 
and enable a better work-life balance. We apply the basic 
principles of CEZ Group’s social policy both in Czechia and 
abroad. To demonstrate our commitment, we have embedded 
our approach into the collective agreements, policies (e.g., 
diversity and inclusion), and internal guidelines. For example, 
in CEZ Group we signed collective agreements valid until 2027, 
which is quite exceptional given the country and energy sector 
standard. In this way, we provide employees with long-term 
reassurance about their rights, remuneration, and benefits.
As part of our efforts to advance corporate responsibility 
and remain an employer of choice, we also support the 
employment of people with disabilities and parents returning 
from parental leave. In addition, we actively work with the 
needs of employees in different age groups. In line with 
European law (GDPR), we do not record employees’ race and 
ethnicity. Ultimately, we want to create an environment where 
every employee can develop their full potential and grow 
professionally.
We provide competitive remuneration with respect to gender 
neutrality and the principle of equal pay for equal or equivalent 
work. Depending on the performance of the company, team, 
and individuals, we adjust salaries accordingly each year. 
Moreover, we offer our employees a wide range of financial 
and non-financial benefits and incentives related to:
	 welfare (e.g., 37.5-hour workweek, 5-week vacation, life 
insurance, pension scheme, loans and leases, meal allowance, 
life anniversary reward)
	 healthcare (e.g., sick days, above-standard health 
examinations, health days, online healthcare service, mental 
health helpline)
	 social care (e.g., retirement severance pay, social assistance)
	 other care (e.g., cafeteria benefit account, childcare, summer day 
camps, employee events, pay for retraining, pensioners’ clubs)
In addition to mandatory social security levies, most 
CEZ Group companies contribute to voluntary pension schemes 
of their employees (this obligation is usually part of collective 
agreements). The condition for the employer's contribution (usually 
3% of the employee's assessment base for pension insurance and 
social security; the maximum contribution is limited) is a minimum 
regular contribution from the employee's own resources. Over 60% 
of CEZ Group employees participate in voluntary pension schemes.
As far as benefits are concerned, we constantly map the market 
and try to reflect the needs of our employees. At the same time, 
we work with partners who provide other interesting products, 
goods, or services to our employees. In the wake of covid-19, we 
expect that healthcare for employees and their dependents may 
play a more important role in the future.
CEZ Group has confirmed its reputation as the most desirable 
employer among university students. For the fourth time in a row, 
CEZ Group became the absolute winner of the TOP Employers 
survey completed by almost 12,000 Czech university students. 
In addition to the prestigious award, the company dominated two 
additional categories.
CEZ Group also succeeded in the Sodexo Employer of the 
Year 2022 competition, which uses PwC methodology focused 
on human resources indicators. CEZ Group won the main prize 
in the category of large companies (over 5,000 employees) in 
Czechia and regionally in Prague. CEZ Group also won first place 
as the most desired company among students in Prague and in 
Moravian-Silesian Region (category renewed after a two-year 
break caused by covid-19).
CEZ Group also regularly verifies the employer’s attractivity and 
the level of corporate culture through feedback from its current 
employees. The employee survey was conducted in 2021 by 
an external survey agency Ipsos, and employee engagement 
and NPS for recommending CEZ Group as an employer were 
assessed. Based on the results, CEZ Group is among the top 
25% of large companies (with 500+ employees) in Czechia.
4.3. Human Capital
SDG 8
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In the employee satisfaction survey, we continuously measure the value of the Engagement Index, which is an internationally used 
methodology for mapping employee engagement. The index considers the level of employee satisfaction within 3 fundamental areas: 
	 Loyalty, reflecting the pride in working for the company, the plan to stay in the company and the willingness to recommend the 
company (i.e., Net Promoter Score). 
	 Consistency, reflecting support for the company’s strategy and plans and appreciation of the company culture. 
	 Enthusiasm, reflecting the overall job satisfaction, motivation to work and a sense of fulfilment. 
The Engagement Index is an average of the percentage of employee satisfaction in these 3 areas. We track the development 
of the Index over time and compare it with other companies and the current market situation. This enables us to detect any 
shortcomings early on and to react to them adequately or to consciously reinforce our strengths.
At the end of 2022, 28,727 employees worked for CEZ Group (a year-on-year increase of 2.4%). Of this total, 83% of employees 
were from Czechia, 21% were women, and 29% had a university degree.
Diversity of Employees
2020*
2021
2022
Headcount
32,555
28,043
28,727
By gender
Women
6,972
5,751
6,049
Men
25,583
22,292
22,678
By region
Czechia
22,565
22,729
23,929
Germany
3,598
3,862
3,171
Poland
877
873
890
Other countries**
5,515
579
737
By age
18-29 years
4,402
3,920
3,511
30-49 years
15,901
13,375
13,932
50 years and over
12,252
10,748
11,284
By education
Primary
1,239
1,273
1,240
Secondary
21,480
18,843
19,068
University
9,836
7,927
8,419
By employment contract
Fixed term
Women
929
899
861
Men
1,661
1,959
1,729
Indefinite term
Women
6,043
4,834
5,188
Men
23,922
20,203
20,949
N/A***
N/A
148
N/A
By employment contract****
Fixed term
Czechia
2,029
2,022
2,298
Abroad
Total
561
833
292
Germany
N/A
N/A
169
Poland
N/A
N/A
82
Other countries**
N/A
N/A
41
Indefinite term
Czechia
20,546
20,696
21,631
Abroad
Total
9,419
4,344
4,506
Germany
N/A
N/A
3,002
Poland
N/A
N/A
808
Other countries**
N/A
N/A
696
N/A***
N/A
148
N/A
By employment type
Full-time
Women
6,633
5,343
5,633
Men
25,231
21,811
22,329
Part-time
Women
340
388
432
Men
351
353
333
N/A***
N/A
148
N/A
By employment type†
Full-time
Czechia
N/A
N/A
23,558
Germany
N/A
N/A
2,833
Poland
N/A
N/A
875
Other countries**
N/A
N/A
696
Part-time
Czechia
N/A
N/A
371
Germany
N/A
N/A
338
Poland
N/A
N/A
15
Other countries**
N/A
N/A
41
* Due to unification of methodology, the number of employees for 2020 increased by 20 persons compared to the originally published figures.
** For more details on other countries, see the relevant CEZ Group Annual Reports.
*** N/A = Persons receiving pension in Elevion GmbH, En.plus GmbH, and Hermos AG.
**** Detailed breakdown for abroad reported for the first time in 2022.
† Detailed breakdown by region reported to the first time in 2022.
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While we saw a slight decline in the share of women in governing bodies in 2021, their share increased to 15% in 2022 (3 p.p. 
increase year-on-year). Our long-term goal is to have 30% of women in management positions. More information on our diversity 
and inclusion policy is in Section 5.3. of this report. The section also describes concrete steps we have taken to address this issue.
Diversity of Governing Bodies
2020*
2021
2022
Total number
613
556
525
By gender
Women
86
68
79
Men
527
488
446
By age
18-29 years
5
2
0
30-49 years
327
285
261
50 years and over
281
269
264
* 2020 data were recalculated and corrected.
Diversity of Managerial Positions
2020
2021
2022
Total number
3,443
3,038
4,066
By gender
Women
552
410
488
Men
2,891
2,628
3,578
By age*
18-29 years
N/A
68
136
30-49 years
N/A
1,690
2,157
50 years and over
N/A
1,280
1,773
Note: All employees who have at least 1 subordinate are considered managers.
* Indicator monitored since 2021.
In 2022, 2,889 new colleagues joined our Group, of which about 28% were women. In Czechia, the interest in working for the 
parent company ČEZ, a. s., grew for the fourth consecutive year. In total, 414 new employees were hired by ČEZ, a. s., of which 
about one third were employees under 29 years of age.
New Employee Hires
2020
2021
2022
Total number
3,466
2,935
2,889
By gender
Women
1,005
846
800
Men
2,461
2,089
2,089
By age
18-29 years
1,166
1,138
973
30-49 years
1,547
1,336
1,366
50 years and over
753
461
550
By region*
Czechia
2,056
1,991
2,198
Abroad
Total
1,410
944
691
Germany
N/A
N/A
364
Poland
N/A
N/A
127
Other countries**
N/A
N/A
200
* Detailed breakdown for abroad reported for the first time in 2022.
** For more details on other countries, see the CEZ Group 2022 Annual Financial Report.
Diversity of Employees by Gender
Diversity of Employees by Age
Diversity of Employees by Education 
%
  Women
21.1
  Men
78.9
%
  18–29 years
12.2
  30–49 years
48.5
  50 years and more
39.3
%
  Primary
4.3
  Secondary
66.4
  University
29.3
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Employee Turnover
2020
2021
2022
Total number
3,225
2,883
2,748
By gender
Women
1,207
721
739
Men
2,018
2,162
2,009
By age
18-29 years
627
647
579
30-49 years
1,237
1,122
1,103
50 years and over
1,361
1,114
1,066
By region*
Czechia
1,984
1,939
2,172
Abroad
Total
1,241
944
576
Germany
N/A
N/A
347
Poland
N/A
N/A
110
Other countries**
N/A
N/A
119
* Detailed breakdown for abroad reported for the first time in 2022.
** For more details on other countries, see the CEZ Group 2022 Annual Financial Report.
Parental Leave
2020
2021
2022
Employees on parental leave
Women
598
602
573
Men
9
30
25
Employees who returned after parental 
leave
Women
81
75
106
Men
8
24
37
Note: For more details on other countries, see the CEZ Group 2022 Annual Financial Report.
Persons with disabilities accounted for approximately 2% of CEZ Group employees in 2022, and their total number reached 569.
In Czechia, some companies with more than 25 employees failed to meet the legal requirement to employ persons with disabilities 
(at least 4% of the total workforce). However, these companies complied with their duty by:
	 purchasing products and services from companies employing persons with disabilities or self-employed persons with disabilities 
(total compensation of CZK 147,421,006)
	 paying a levy to the state budget (total levy of CZK 9,867,051)
Persons with disabilities
2020
2021
2022
Total number*
N/A
557
569
By gender**
Women
N/A
N/A
124
Men
N/A
N/A
445
By age**
18-29 years
N/A
N/A
21
30-49 years
N/A
N/A
180
50 years and over
N/A
N/A
368
* Indicator monitored since 2021.
** Detailed breakdown by gender and age reported for the first time in 2022.
New Employee Hires by Gender
New Employee Hires by Age
New Employee Hires by Region
%
  Women
27.7
  Men
72.3
%
  18–29 years
33.7
  30–49 years
47.3
  50 years and more
19
%
  Czechia
76.1
  Germany
12.6
  Poland
4.4
  Other countries 
6.9
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CEZ Group fully respects and upholds fundamental labor 
rights, such as freedom of assembly and right to collective 
bargaining, which are guaranteed by our Code of Conduct, 
international treaties, and Czech Law. We are proud to have 
outstanding relationships with dozens of trade unions active 
across CEZ Group. The management communicates with 
them openly and continuously about its intentions and results. 
Union representation within large companies of CEZ Group 
in Czechia is around 32%, and over 50% in Poland. In 2022, 
there were 171 trade unions in CEZ Group and the collective 
bargaining agreements covered 22,419 (78%) of our employees. 
More information on trade union relations in CEZ Group is 
available in the CEZ Group 2022 Annual Financial Report.
The European Works Council (EWC) has been operating in 
CEZ Group since 2007. EWC had 21 members at the end of 2022: 
14 from Czechia, 2 from Poland, 4 from Germany and 1 member 
from Slovakia. Two meetings were held in Prague in 2022. 
The meetings focused on the CEZ Group’s strategy, financial 
performance, foreign market presence, conventional energy 
production, development of renewable energy sources, and 
new nuclear sources in Czechia.
To maintain good management-employee relations, some of 
the CEZ Group companies also cooperate with representatives 
of employees affiliated to the trade unions federation. The 
management of these companies, for example, participates 
in meetings of the executive committee of the trade unions 
federation.
We strive to be perceived by the public as one of the most 
attractive employers and as a company that can deliver new, 
exciting, and innovative solutions. Therefore, we want to ensure we 
have enough suitable candidates with the required competencies, 
keep up with the market, and develop customer relationships.
Our recruitment strategy relies heavily on personal contact and 
the transfer of experience directly from our industry experts. 
This approach mainly targets pupils and students from primary 
schools to universities. 
To maintain our competitive advantage and to benefit from the 
experience of our colleagues, we have created a database of 
educational podcasts and videos available on the CEZ Group 
Virtual World website. Together with the svetenergie.cz web 
portal, Facebook, Instagram and LinkedIn profiles, and other 
channels, we create an online space for active contact with 
students and job seekers.
4.3.2. Employee Training and Development
GRI 3-3, 404-1, 404-2, 404-3
We consider training and development as an investment in the 
future. The key factor in CEZ Group’s success has always been 
the professional performance of our employees. Training and 
development contribute to the permanent and systematic 
development of employees of CEZ Group companies, which is 
necessary for the long-term safe and effective performance of 
their current and potential work activities, and boost of productivity.
Training and development are also a way to develop company 
culture. Expectations of the management are defined by internal 
regulatory documentation. Rules and procedures are defined by 
working documentation.
The continuous evolution of the business determines the need 
for new technical and professional knowledge and skills. In this 
context, the central pillars of our training and development 
strategy are: 
	 mandatory trainings – legal requirements for employee 
training and professional expertise for every position
	 programs that promote a culture of knowledge and 
experience-sharing to ensure safety, employee productivity 
boost, and intergenerational renewal in the long-term 
	 reskilling programs, aimed at acquiring new skills to fill 
positions or roles different from previous ones
	 upskilling initiatives to optimize performance to meet new 
requirements
	 lifelong learning to ensure constant updating and 
competitiveness of our employees and to achieve principles 
of being a learning organization
Our strategic training and development management needs 
include strategic objectives, analysis of needs, evaluation, and 
progress/performance tracking (to boost productivity). We use 
these inputs to analyze development needs, which help us set 
development priorities: 
	 Strategic targets and priorities (VISION 2030—Clean Energy 
of Tomorrow) for CEZ Group and subsidiaries
	 Employee engagement survey results
	 Results of regular evaluation of employees’ performance
	 Legal requirements
	 The business unit’s needs
	 Development diagnostics results
We have established a systematic approach to meet legal 
requirements for employee training and professional expertise, 
with safety as our top priority. Every employee has an individual 
mandatory training plan for the given position. 
Besides mandatory legal training, we offer a wide range 
of optional activities that employees can use for their 
professional and personal development. Employee training and 
development is available in three categories: for managers, for 
teams, and for individuals. Our goal is to cover every part of the 
talent management process. 
Based on the results of employee evaluation or development 
diagnostics, employees pursue their individual development 
goals and plans. In individual cases, employees can study when 
they need to expand their knowledge (e.g., an MBA degree), 
broaden professional qualifications (e.g., secondary school, 
university), or upgrade skills for their future position or career 
path.
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Mandatory training for all CEZ Group employees includes topics linked to:
	 legal requirements (e.g., occupational safety, fire protection, information and cyber security, GDPR)
	 ISO certification (e.g., environmental protection, energy management)
	 internal directives (e.g., Code of Conduct, anti-corruption)
New hires receive initial mandatory training on their first day of employment and then, like existing employees, periodically 
after 12-36 months, depending on their workplace conditions. Subsequently, employees receive additional mandatory training 
depending on the qualification requirements for the specific position and activities the employee performs. Examples of such 
training include working at heights, working with electrical equipment or welding.
In our VISION 2030—Clean Energy of Tomorrow, we set a goal to increase the frequency of employee training in the Code of 
Conduct. Starting in 2022, our target is that at least 95% of employees receive annual training in business conduct and ethics. 
We achieved this goal in 2022.
As regards optional training, the development system consists of the following programs:
	 personal – aimed at personal and professional skills
	 customized – one-off or long-term; for teams or individuals
	 corporate – for selected employee groups, e.g., talents, successors, women, graduates
	 leadership – aimed at managers to develop a desirable corporate culture
Each program and training has particular educational goals set in accordance with the strategic priorities and needs of a specific 
target group.
As part of the on-boarding adaptation process, new employees participate in a one-day training course called Welcome to CEZ 
Group. Participants learn essential information about basic processes and become better acquainted with CEZ Group’s strategy and 
its operation. New employees then follow an adaptation plan agreed with their manager, which focuses on the training needed for 
their job (e.g., job-specific training, soft or hard skills). 
New managers participate in the New Manager program, which consists of at least two courses focused on strategic management 
and the labor legal minimum and training of key management competencies.
In the case of leadership programs, we pay particular attention to managers starting in a new position. We support managers in their 
new roles and increase awareness of their rights and responsibilities following the career change. In line with our long-term commitment 
to have 30% of women in management positions, we promote specific programs focused on women’s leadership development.
Other strategically important development activities include:
	 retraining and reskilling of employees affected by coal exit
	 diversity and inclusion topics and work-life balance
	 graduate and trainee programs.
Employees Receiving Regular Performance and Career Development Reviews (%)
2020
2021
2022
By gender
Women
100
100
81
Men
100
100
73
By employee category
Managers
100
100
88
Rank-and-file
100
100
71
The reason for the year-on-year decline in the percentage of employees receiving regular performance and career development 
reviews is due to stricter methodologies (both of rating agencies and in-house) and a move towards more comprehensive and 
systematic data collection and verification.
The regular review is an opportunity for discussion between the manager and the employee about training and personal 
development for the next period. The discussion can result in a development plan and goals to be achieved.
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When planning employee training and development, we mostly 
apply the 70:20:10 model. We strive to provide learning content 
in a form that matches preferred learning styles while following 
one of the main trends – making it available here and now or 
anytime and anywhere.
Model
Form of Training/
Development
Activities
70
On-the-job training
completing more challenging tasks
participation in projects
learning from mistakes
deputizing/rotation
20
Self-development
evaluation interview/working with 
feedback
sharing solutions to difficult tasks with 
others
collaboration
coaching/mentoring
10
Formal education
face-to-face courses/e-courses
workshops
seminars/conferences
literature
In 2022, the total time spent on training was 1,208,901 hours, 
while the average training time per CEZ Group employee 
was 42.1 hours (34% higher than in 2021 due to the growing 
demand for training activities, especially face-to-face, which 
were severely curtailed during the covid-19 pandemic). Another 
significant factor was the Nuclear Energy Division Training 
Project called Zácviky, which has been included as a standard 
training activity since 2022.
Training Hours per Year
2020
2021
2022
Total number
664,615
879,870
1,208,721
Average hours of training per 
employee
37.71)
31.4
42.1
1) Indicator includes ČEZ, a. s., and selected subsidiaries.
Training Expenditures
2020
2021
2022
Total expenditures* (in mil. CZK)
N/A
111.2
169.3
Average expenditures per 
employee* (in CZK)
N/A
3,965
5,894
* Indicator monitored since 2021.
Evaluation of training and measurement of effectiveness is one 
of key priorities. Training activities include structured requests 
for feedback, which is conducted after training events to 
monitor and evaluate the effectiveness, success and the need 
for potential improvement.
Other tools we use for evaluating the effectiveness of 
education include managerial feedback (the manager 
evaluates effectiveness of selected courses completed by 
subordinates), 360° feedback, development centers, evaluation 
of individual development plans and diagnostics in the case of 
long-term development programs, and regular retrospective 
evaluation workshops with management. Based on feedback, 
we adjust or supplement the offer of educational activities and 
prepare the content of follow-up activities. 
For several years now, we have had a stable ratio of about 
one-fifth of employees eligible to retire within ten years. Given 
the nature of the energy industry, we know that ten years is 
not a long time, especially for technical positions. Therefore, 
we need to manage the generational turnover of staff carefully 
with an emphasis on knowledge management – talent 
programs, succession planning, communities of practice, etc.
When retiring, the date of retirement is usually agreed several 
months in advance. The aim is to ensure that a new employee 
is recruited well in advance and that ideally there is an overlap 
of several months between the retiring employee and the new 
employee.
Through the knowledge management system, we ensure that 
critical expertise and experience are retained. To eliminate 
the loss of employee know-how, the know-how is transferred 
between several employees. By creating opportunities for 
effective sharing of knowledge, experience and best practices, 
and by creating knowledge bases (such as handbooks and 
knowledge portals,), we strive to manage generational change 
smoothly. 
In the past 4 years, we have significantly increased the number 
of professional communities. The key element for the work 
of these expert groups is the professional recognition of 
employees who participate in the work of the communities. 
These professional communities deal with our key expert 
topics. A significant part is the sharing of lessons learnt and 
actions taken in problems specific to our business. Such 
activities strengthen our professional relationship with 
suppliers, regulatory bodies, other operators, schools, and 
professionals.
 
In terms of talent recruitment, we are proud of our World of 
Energy education program, which has a 30-year-long history 
of supporting technical education. We help all generations to 
understand energy and physics and, as a result, lead excited 
students and would-be engineers to their dream careers. As 
part of the World of Energy program, we established a club to 
bring together physics, chemistry and other science teachers 
and inspire them to teach their subjects more enjoyably. 
Currently, the club has more than 800 teachers.
We also address generational turnover and long-term 
recruitment demands by promoting technical education 
either in close cooperation or in partnership with schools 
and universities. We organize various events (e.g., programs, 
internships) for pupils, students, and teachers. We hold the 
Summer University for students at technical universities so that 
they can learn more about working in a nuclear power plant 
and possibly receive a scholarship and start their career at 
CEZ Group. We especially encourage women to participate. 
In 2022, women made up almost 17% of attendees.
In 2022, we organized the first Trading Camp focused on 
energy and other commodities trading.
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In addition to dedicated programs and internships, we cooperate with students on their theses (bachelor, diploma, dissertation) 
with the subsequent possibility of prospective employment in the company.
We also keep pupils at primary and secondary schools in mind. Since 2015, we have been hosting the I Know Why competition. 
Based on the notion of children teaching children, we give the pupils the opportunity to showcase physics in practice in short 
videos and win valuable prizes for themselves and their schools. We give a dedicated prize to the best girls-only team.
Since 2022, we have organized two runs of the Green Energy Tour for secondary school students, during which they get to know 
CEZ Group from different perspectives. We also organize regular events such as:
	 Nuclear Diploma
	 Distribution Diploma
	 Energy Diploma
	 ESCO Diploma
	 CEZ Experience
We run an educational web portal, World of Energy, which serves as a source of information on energy for children from 
kindergartens to students at universities. Some CEZ Group employees lecture at various universities and colleges.
Early recruitment and training of new colleagues are, in some cases, critical for the successful management of generational 
change. For example, training of nuclear power plant operators takes more than two years from the time an employee is hired. 
This may not seem like a long time, but the key factor is that only about 16% of applicants pass the final selection process for this 
position. In recent years, fresh university graduates have been the most valuable source of new operators, accounting for over 
80% of all new operators.
In some cases, internal recruitment takes precedence. Key positions are identified in cooperation with management at all levels 
of the company. As part of talent management and succession planning, employees with managerial potential are identified 
based on feedback and receive individual training (their development program focuses on personal skills and economic and legal 
knowledge).
Employees Eligible to Retire in the Next 10 Years
2020
2021
2022
Total number
7,252
6,304
6,513
By job position
Managers
816
749
797
Rank-and-file
6,436
5,555
5,716
By region*
Czechia
5,530
5,581
5,766
Abroad
Total
1,722
723
747
Germany
N/A
N/A
401
Poland
N/A
N/A
242
Other countries**
N/A
N/A
104
* Detailed breakdown for abroad reported for the first time in 2022.
** For more details on other countries, see the CEZ Group 2022 Annual Financial Report.
4.3.2.1. New Learning Management System (LMS)
In 2022, a new learning management system was developed and implemented. The LMS SAP SuccessFactors, branded internally 
as Profík (The Professional), was launched at the beginning of 2023. It replaces an outdated and, in many aspects, obsolete LMS 
and other peripheral applications related to educational process.
The goal is to manage all learning and development activities and also external workers (supplier entities) in one solution, which is 
planned to be extended to other SAP SuccessFactors HXM modules in the future.
We expect to extend the amount of blended learning and to provide educational content to a broader target group to further 
support the principle of a learning organization. 
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4.3.3. Security Personnel Trained in Human Rights 
Policies or Procedures
GRI 410-1
All workers providing physical security at CEZ Group premises 
receive several mandatory training courses (periodically recurring) 
in ESG and human rights, which are documented. A code of 
conduct of companies providing physical security is included in 
the documentation of physical security at CEZ Group premises. 
Contracted security services have designated ESG contact points 
or have established IMS/ESG Compliance Coordinators. 
The training of security personnel providing physical security 
for CEZ Group facilities (including both nuclear power plants) is 
carried out on several levels. The general part of the training on 
ethical conduct is included in the initial e-learning training and 
explains to the workers, among other things, where to find all 
the necessary information, including contacts to reach in case 
of need.
At nuclear power plants, security workers undergo the IMAGE 
training module, which primarily focuses on ethical and 
professional conduct during checks carried out as part of 
the physical security. The mandatory training emphasizes the 
elimination of any discriminatory behavior and the use of force 
in the performance of security services. All security guards at 
nuclear power plants undergo the training once a year. 
Verification of compliance with ethical conduct by personnel 
providing physical security for CEZ Group facilities is subject to 
a compliance audit.
4.3.4. Training of Suppliers and Contractors
The scope of our training programs also includes training of 
suppliers/sub-suppliers and contractors/subcontractors.
Workers in our supply chain always receive training focused 
on safety issues at our facilities (e.g., health and safety, 
environmental management system, nuclear safety). Their 
training in information and cyber security is equally important. 
The training is available online (e-learning) or in person, and it is 
taken mostly by blue-collar workers and engineers. 
The majority of training courses end with a final test. 
Psychological tests are prerequisites for certain jobs or entry to 
specific zones (e.g., nuclear power plants). 
Occupational safety training of workers in our supply chain is 
a key element for improving safety at CEZ Group’s workplaces. 
Therefore, occupational safety training is also mandatory for 
managers and supervisors of suppliers; once a year in nuclear 
power plants or once in two years in conventional power plants.
4.3.5. Requalification
In VISION 2030—Clean Energy of Tomorrow, we pledged to 
be a responsible employer. The implementation of our ESG 
strategy requires us to address the implications for employees 
affected by coal exit. We will provide reassignment, retraining, 
reskilling or compensation to all employees impacted by coal 
exit.
4.3.5.1. Transition, Retraining, Reskilling, Compensation
GRI 404-2
In line with our VISION 2030—Clean Energy of Tomorrow, we 
will phase out coal gradually, although the current situation in 
Ukraine introduces a number of new variables into the process. 
The current energy crisis is reflected in the operational design 
of individual sites. The required availability of individual coal 
sources will also have implications for employees. We expect to 
maintain higher employment for a longer period than originally 
planned. The changing conditions place high demands on the 
flexibility of HR tools and measures. 
As a result of the ongoing military conflict in Ukraine, gas 
supplies from Russia are threatened, and the activities to meet 
the objectives of VISION 2030—Clean Energy of Tomorrow 
have significantly intensified in the area of renewable energy 
development – the construction of 1.5 GW of RES by 2025 and 
6 GW of RES by 2030. 
As of October 1, 2022, the Renewable and Traditional Energy 
Division established the Renewable Sources business unit. The 
establishment was necessary due to the unit’s indispensable 
role, especially in the technical specification of projects, 
building the RES operational control room and setting up the 
maintenance of the newly constructed RES.
The organizational unit consists of 72 positions, which will be 
filled gradually. It will be staffed by, among others, existing 
employees from coal sites with high potential, able to draw on 
their previous work experience and committed to learning new 
skills.
Organizational entities across segments are involved in 
meeting the objective of preparing and implementing 
renewable energy sources. Cross-segment integration 
enhances the professional quality of project preparation from 
the development phase (opportunities research and project 
preparation until the building permits are granted) to the 
operation and maintenance phase.
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The renewable projects development is provided by 
ČEZ Obnovitelné zdroje. The following implementation phase 
(i.e., detailed design, construction, and commissioning) is 
the responsibility of the Technical Department of Renewable 
& Conventional Power Division. The actual operation and 
maintenance of the newly constructed renewable energy sources 
will be provided by the newly established Renewable Sources 
business unit. The fulfilment of the set objectives will gradually 
require increased staff capacities in all participating units.
The phase-out and the associated closure or transformation 
of our production facilities will cause numerous social impacts. 
We aim to ensure that the organizational changes lead to a fair 
transition for all affected employees.
We publicly commit to provide reassignment, retraining, 
reskilling, or compensation to all employees affected by coal 
exit. To be as transparent as possible, we established a parity 
working group in 2021 to address coal site decommissioning. 
This platform brings together management and employee 
representatives, i.e., trade union leaders from the affected 
locations, on a regular quarterly basis. The activities of the 
parity group continued in 2022.
As part of the parity working group, we discuss the future 
concept of workplaces in terms of existing and new assets, the 
status of subsidy programs, and the impacts of changes on 
staff. Employers’ and workers’ representatives discuss specific 
plans for the future of the workers affected by the coal exit 
based on the following priorities:
	 maintain the necessary employment at the affected locations 
until their closure
	 employ existing staff in jobs created by the transformation 
of the sites, both during construction and in subsequent 
operations
	 employ existing employees within the CEZ Group’s internal 
labor market
	 provide an above-standard social compensation program for 
redundant employees
To meet these priorities, we apply the following:
	 measures are set out in the collective agreement (above-
standard severance pay)
	 specific motivation elements (bonuses, target bonuses)
	 employee retraining
	 specific tools in the recruitment and selection process 
(applications supporting the internal labor market and internal 
career days, mobility support)
	 an outplacement program
	 cooperation with local institutions in the region
In 2022, we focused on two priorities in particular. The first 
priority were workshops for managers, which we organized at 
the Dvůr Králové nad Labem heat plant and the Dětmarovice 
power plant. Their aim was to introduce managers to new skills 
and techniques aimed at coping with the uncertainty at the 
time of closure. 
The second priority is closely related to strengthening the 
competitiveness of employees from coal sites on the internal 
and external labour market. CEZ Group will offer employees 
from coal-exit sites the opportunity to take vocational 
courses to learn new skills during their current employment. 
Employees interested in a new position in the Group will have 
the opportunity to take courses that provide qualifications 
currently used in one of the CEZ Group entities. 
Depending on the nature of the organizational change, we 
discuss and inform the trade union representatives of the 
details of the changes and the time required to implement 
them.
When deciding on contract termination, we consider the 
employee’s performance, qualifications, and retraining 
opportunities. We use natural departures, such as retirement, 
and retrain employees for positions vacated by employees 
who retired. At the same time, we seek employment for 
our employees within CEZ Group. Finally, we also offer 
outplacement services (e.g., workshops, individual follow-up 
consultations, Helpline) to help affected employees find new 
jobs.
Upon termination of employment for organizational 
reasons, we proceed fully in accordance with the collective 
agreement. We provide severance pay of up to ten times 
the average monthly earnings depending on the length of 
employment. In this respect, we go well beyond the severance 
pay specified in the Labor Code. In the case of termination 
agreements, we increase the severance pay according to the 
number of months remaining until the employee becomes 
eligible for a retirement pension. When both severance 
payments are combined, we compensate up to 19 times the 
employee’s average monthly earnings.
All affected employees may apply for a retraining course in 
accordance with the applicable collective agreement. The 
objective is to encourage new career paths for employees. 
This way, employees broaden or deepen their professional 
qualifications and skills needed to find a new job in the labor 
market, with the costs of up to CZK 40,000 covered by 
the employer. Employees must apply for retraining before 
termination of employment. If the retraining occurs during 
employment, the employee may take time off work with wage 
compensation equal to average earnings. 
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4.3.6. Health and Safety
4.3.6.1. Occupational Health and Safety Management System
GRI 3-3, 403-1, 403-2, 403-8; SASB IF-EU-320a.1
These are the main principles of the Safety and Environmental 
Protection Policy adopted by the Board of Directors of ČEZ, a. s.
	 We put safety, protection of life and health above other 
interests.
	 We consider safety and environmental protection to be an 
integral part of our management system.
	 Safety and environmental protection are an integral part of 
the mindset, behavior and work habits of all employees and 
suppliers. 
	 In our activities, we place great emphasis on environmental 
protection, including pollution prevention.
	 Compliance with mandatory obligations is a natural part of 
our activities. 
	 We constantly improve our environmental management and 
occupational health and safety management systems.
	 We require the same approach to safety and environmental 
protection from our suppliers.
The Policy is the key document of the Occupational Health 
and Safety (OHS) Management System and Environmental 
Management System and is supplemented by related internal 
documents.
The OHS management system is implemented in CEZ Group 
companies in accordance with:
	 national legislation
	 the ISO 45001 standard or
	 the Safe Enterprise national program (follows the ISO 45001 
standard, the principles set out in the National Manual for the 
Implementation of OHS Management System and the ILO 
OSH-2001 manual, and also meets the requirements of the EU 
Strategic Framework on OHS)
The Safe Enterprise program was introduced by the State 
Labor Inspection Office, which also conducts inspections and 
issues certificates for companies that have met the program’s 
requirements.
In CEZ Group, OHS is among the five basic principles (see 
Section 5.4.1.1) and therefore has a major role in the overall 
company management. 
Safety is placed at the top of the CEZ Group’s strategic 
priorities. The main safety priorities and principles are: 
	 continuous compliance with the Safety and Environmental 
Protection Policy
	 meeting the requirements for improving the safety of nuclear 
power plant operations
	 long-term improvement of safety in the non-nuclear activities 
of CEZ Group
Safety and health protection are included in our annual 
performance indicators. Frequency of fatalities as a result of 
work-related injury and work-related injuries are part of our 
management KPI. 
Safety Topic of the Year is annually declared in accordance 
with the Group’s rules and objectives. Individual CEZ Group 
companies announce their Safety Topic of the Year which is 
linked to their key performance indicators and priorities and is 
based on their safety risk assessment.
We regularly prepare a safety status report for the Board of 
Directors. Based on the report, we implement measures and 
projects to improve the safety at CEZ Group. 
We continuously review our safety weaknesses and strengths, 
revise emergency plans, and train emergency teams, 
employees, and other concerned parties.
We ensure compliance with relevant legislation: designated 
departments carry out annual internal audits and risk analyses 
of the OHS system and regularly communicate safety 
performance indicators to stakeholders. Based on the audit 
findings, changes in legislation, and periodic risk assessments, 
we take preventive measures and update safety guidelines and 
procedures. We also improve working standards.
All CEZ Group companies have an OHS management system 
in place that follows the requirements of the relevant national 
legislation. Based on the number of employees and the 
severity of the assessed OHS risks, selected companies 
have implemented and certified their management system 
according to ISO 45001 or the Safe Enterprise national 
program (certificate is issued by the State Labor Inspection 
Office following an audit). Both nuclear power plants are 
holders of the Safe Enterprise certificate.
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We consider an OHS management system to be implemented 
if it meets the requirements of national legislation. In 2022, 
we achieved the following employee coverage by the OHS 
management system:
Number of employees
28,727
o/w number of employees covered by the OHS 
management system
28,039 (97.61%)
o/w number of employees covered by the OHS 
management system that has been internally audited
23,096 (80.40%)
o/w number of employees covered by the OHS 
management system that has been audited or certified 
by an external party 
16,312 (56.78%)
Note: Figures are reported only for employees and based on information 
provided by CEZ Group companies. No employees have been excluded from 
reporting. Changes in the portfolio of fully consolidated CEZ Group companies 
affect year-to-year variations in the coverage of the OHS management system, 
especially as regards the system audited or certified by an external party.
Certification standards used:
	 ISO 45001:2018, certification by accredited certification bodies
	 Safe Enterprise 2017 national program, certificate is issued by 
the State Labor Inspection Office following an audit.
We keep a register of OHS risks and continuously evaluate 
all potential dangers. To identify potential hazards, we use all 
possible sources of information, including consultations with 
employees. In the case of work accidents, we perform an ad-hoc 
OHS risk analysis and put the findings into practice. Risks are 
identified by professionally competent persons with legally 
required qualifications.
Individual workplaces are classified into categories that reflect 
the overall strain level (according to national legislation, factors 
that affect the quality of working conditions in terms of health are 
assessed). Working with ionizing radiation is one kind of strain.
Identification of OHS events stems from: (1) notifications from 
employees or other persons located in CEZ Group facilities or 
in the vicinity of CEZ Group installations or facilities, 
(2) information about events from dispatching control, or (3) 
monitoring of technological parameters. 
As part of incident management, we have established 
a procedure for reporting injuries and created tools for unified 
record keeping. When necessary, the parties involved are 
informed through an emergency notification. Following national 
legislation, we report work-related injuries to the Police and 
the Labor Inspection Office.
Once a work-related incident has been reported, we must 
establish the cause, circumstances, and other aspects of the 
incident. Representatives of trade unions are invited without 
undue delay to help investigate the incident. In addition, other 
experts (inspection technicians, forensic experts, other managers, 
etc.) are invited to help investigate the cause of the incident.
To determine compensation for damages, we must assess 
the degree of incident fault of the person affected. We 
proceed in accordance with the law (Act No. 262/2006 Coll.). 
The record of assessment and investigation is part of the 
documents submitted to the insurance company which insured 
the employer against liability. 
We identify and monitor near misses. We understand that 
there is a potential to gain more input to improve the OHS 
management system. We want our employees to be aware of 
dangerous situations and how to prevent them. At the same 
time, we want them to be able to identify dangerous situations 
and report them to a manager or register them through 
a dedicated application.
We are preparing an intensive awareness campaign for 2023 
and the development of new IT system features to facilitate 
the recording of near misses. The campaign is designed 
as an educative comics and will be supplemented by articles, 
regular analyses of near misses/injuries, interviews with OHS 
experts, and followed by quizzes, tests, and contests.
4.3.6.2. Occupational Health and Safety
GRI 403-3, 403-4, 403-5, 403-6
In terms of OHS training, new employees complete 
a mandatory induction training on their first day at work, 
existing employees every 2 years, and managers every 
3 years. During the training, employees learn about the 
OHS management system, the duties of employees and the 
employer, other conditions for ensuring OHS and practical 
examples of accidents resulting in work-related injuries. 
All employees are trained in first aid. 
In the case of suppliers’ workers, our OHS training follows 
the training that must be legally provided by their employer. 
In nuclear power plants, suppliers’ workers are trained in 
OHS prior to being allowed to enter the nuclear power plant 
or being appointed to the role of work supervisor/preparer. 
To extend entry to the facility or appointment to the role of 
work supervisor, they are periodically trained once a year. 
During the training, they learn about the specifics of working 
in nuclear power plants, expected behavior, OHS workplace 
conditions, and the work management system. In conventional 
and hydroelectric power plants, suppliers’ workers are trained 
for the role of responsible persons and work managers before 
starting work and every two years thereafter.
The OHS training rules and the training framework are defined 
in the training programs by the OHS experts. Training courses 
are delivered by internal employees with the appropriate 
expertise (e.g., they are professionally qualified in OHS). For 
non-Czech speakers, we ensure that the training is interpreted 
or available in different language versions. The training is 
provided free of charge to both internal employees and 
suppliers’ workers.
We collect feedback from the training (content, practical use 
of the knowledge acquired, trainers, overall organization) and 
use the results for continuous improvement.
Every employee receives occupational medical examination, 
the extent and frequency of which depends on the nature of 
work and legal requirements.
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We use a network of contracted providers of occupational 
health services throughout Czechia. The quality of services is 
set out in the contract. We monitor and evaluate the quality of 
services based on feedback from employees. For key providers, 
we have been successful in improving the quality of services. 
The occupational medical examinations result in a doctor’s 
report containing a decision on the employee's fitness or 
unfitness for work, which the employer is legally compelled to 
determine. We do not collect confidential information about 
the employee’s health condition.
Employees working in shifts are enrolled in the Premium 
Health Care Program. As part of the program, they undergo 
above-standard medical examinations focused on the 
prevention of diseases of civilization, and at the same time they 
receive a health care allowance in the form of an additional 
contribution to the Cafeteria benefit account intended for 
their health care (spas, wellness, vacations, sports activities, or 
can be used for the purchase of medicine, etc.). The employer 
bears the full cost of this program. Employees receive the 
results of the above-standard medical examinations exclusively 
for their own use. We only receive an annual statistics report 
from the providers to evaluate the effectiveness of the 
program without the personal data of the employees.
For medical examinations, employee personal data is provided 
to the healthcare facility via a secure data zone in the 
healthcare facility. No sensitive medical examination data is 
disclosed to us. 
Employees may need vaccinations due to increased risks 
arising from their work activities, e.g., against tick-borne 
encephalitis, rabies, and hepatitis. All employees are also 
offered vaccination against seasonal influenza, and vaccination 
against covid-19 continues to be provided on site if there 
is sufficient interest among employees. All vaccinations are 
voluntary and free of charge for employees. The company 
covers the cost and, where possible, provides on-site 
vaccinations. Employees can receive medical examinations and 
vaccinations during their working hours. To schedule a medical 
examination quickly, employees can use an online form on the 
intranet.
Employees can use a special hotline for information about 
covid-19. They can also contact an anonymous psychological 
helpline that was set up during the first covid wave in 2020 
and remains in operation. Online presentations on health 
promotion, first aid, mental wellbeing, anti-stress techniques, 
and healthy lifestyle are available on the intranet.
Health Days are very popular events among the employees. 
They take place both face-to-face and online and are 
organized in cooperation with Oborová zdravotní pojišťovna 
(Union Health Insurance Company) as part of prevention 
programs. During Health Days, we offer employees birthmark 
checks, physiotherapy consultations, massages by blind 
masseurs, eyesight tests, body composition measurements, 
and other health-related services. We also provide webinars on 
healthy nutrition and lifestyle. 
For CEZ Group employees and their family members, we offer 
unlimited free access to health care via www.ulekare.cz, which 
provides an online medical counseling service and doctor 
appointments. This service is accessible via the website or in 
a mobile app. 
All employees can take two paid sick days annually. 
Except for mandatory legal medical examinations, all other 
medical benefits are voluntary for employees. The decision 
whether an employee takes advantage of the benefits does 
not have any impact on the employee’s future career and is not 
considered an advantage/disadvantage in their job.
Worker participation, consultation, and communication on 
occupational health and safety is ensured through monitoring, 
measurement, and evaluation processes. Employees evaluate 
or are evaluated, provide feedback, contribute to the 
improvement of processes or activities, or confirm they are 
competent to achieve specified results.
The most used methods are: 
	 monitoring (reporting)
	 measurement (controls)
	 self-evaluation
	 benchmarking
	 internal independent evaluation
	 external evaluation
These activities result in outputs called non-conformance or 
suggestions for improvement.
Employees and suppliers can make suggestions on OHS issues 
via the Staff Inquiry Box or during OHS training.
Trade unions are involved in the discussion of OHS topics, 
relevant internal documents of CEZ Group companies relating 
to OHS, and they participate in debates on OHS issues and 
workplace incident investigations. Trade unions also participate 
in regular OHS inspections at all CEZ Group workplaces. 
The inspections are performed by inspection committees 
composed of employees of CEZ Group companies at their 
respective workplaces or facilities. The inspection results are 
presented to the facility management and discussed with an 
appointed trade union representative.
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4.3.6.3. Work-related Injuries and Ill Health
GRI 403-9, 403-10; SASB IF-EU-320a.1
We monitor relevant indicators and rates of work-related injuries. Based on the results, we update the methodology for recording 
workplace accidents of employees and workers who are not employees but whose work and/or workplace is controlled by the 
organization, i.e., mainly suppliers (hereinafter referred to as workers who are not employees) to improve OHS.
In case of work-related injuries, the OHS Department conducts an on-site investigation. Upon completion of the investigation, 
corrective actions are taken, and their effectiveness is subsequently monitored.
To enable better comparisons, we introduced the reporting of the Lost Time Injury Frequency Rate (LTIFR). We issued an internal 
methodology for data collection and reporting of this parameter including software support and held workshops for data 
collection and reporting staff.
We monitor workplaces and activities with a high incidence or high risk of specific injuries and illnesses. Primarily, we focus on 
positions with risk factors related to vibration, noise, radiation, and dust.
In 2022, we recorded the following statistics for work-related injuries:
Work-related Injuries
2020
2021
2022
Hours worked*
Employees
N/A
44,940,976
44,601,279
Fatalities
Employees
number
3
1
0
rate**
N/A
0.02
0.00
Workers who are not 
employees
number
0
1
0
High-consequence 
injuries***
Employees
number
N/A
N/A
7
rate**
N/A
N/A
0.16
Workers who are not 
employees
number
N/A
N/A
5
Reported injuries
Employees****
number
N/A
N/A
580
rate**
N/A
N/A
13.00
Workers who are not 
employees
number
81
25
60
Injuries with absences 
of 1 day or more***
Employees
number
N/A
N/A
134
rate** (LTIFR)
N/A
2.891)
3.00
Injuries with absences of 
more than 3 calendar days
Employees
number
147
130
130
* Indicator monitored as of 2021.
** Frequency calculated per 1,000,000 hours worked.
*** Indicator monitored as of 2022.
**** In 2020 and 2021, work-related injuries with absences of more than 3 calendar days were monitored.
1) The indicator for 2021 was calculated on a pilot basis based on the number of reported injuries with absences of more than 3 days.
In 2022, there were no fatalities, which is our annual target. We continue to improve our measures to prevent serious workplace 
accidents and injuries to meet this target in the long term.
Main Types of Work-related Injuries
2020
2021
2022
Employees
Fall on a flat surface, road accident, 
fall from a height, slipping, cargo 
handling
Electricity, fall on a flat surface, leg 
and arm injuries, tripping, slipping
Leg/arm injuries, bruises, lacerations, 
cuts, sprains, falls, electricity, tripping, 
burns
Workers who are not 
employees 
Fall on a flat surface, fall from a height, 
cargo handling
Electricity, sprained ankle, laceration 
on head, falls
Leg/arm injuries, bruises, cuts, sprains, 
electricity, falls
Work-related Ill Health
2020
2021
2022
Fatalities because of ill health
Employees
0
0
0
Workers who are not employees 
0
0
0
Reported cases of ill health
Employees
0
0
0
Workers who are not employees 
0
0
0
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4.3.6.4. Nuclear Safety and Emergency Preparedness
GRI G4-DMA; SASB IF-EU-540a.1, IF-EU-540a.2
We operate two nuclear power plants, Dukovany and Temelín, 
which are the basis of our generation portfolio. Since nuclear 
safety is one of the most strictly regulated and internationally 
monitored areas, we:
	 keep track of the environmental and human health impacts of 
nuclear operations
	 handle radioactive waste safely using the latest technologies 
in its treatment and processing
	 improve our safety systems and implement best practices and 
recommendations of nuclear authorities
Both nuclear power plants meet international requirements for 
safe operation and are subject to periodic safety reviews and 
regular international reviews by the nuclear authorities.
Both nuclear power plants are holders of the Safe Enterprise 
certificate, issued by the State Labor Inspection Office 
following an audit.
In terms of emergency preparedness, nuclear power plants 
follow the Internal Emergency Plan for Nuclear Power Plants 
approved by the State Office for Nuclear Safety (SONS). 
Additionally, both nuclear power plants adhere to the External 
Emergency Plan for the Emergency Planning Zone, drafted by 
the regional Fire Rescue Service (FRS) in cooperation with the 
power plants and other organizations.
Each nuclear power plant has its own Emergency Control 
Center, which includes an Emergency Response Team and 
a Technical Support Center to ensure round-the-clock 
technical stand-by in the event of an emergency.
We test emergency preparedness annually using unannounced 
exercises, and we apply various exercise scenarios such as 
technology failure, radiation accident, and environmental 
accident. We engage all persons present on the premises 
during the exercises, including suppliers and their workers. We 
cooperate with public authorities (SONS, Czech Fire Rescue 
Service, regional and municipal authorities) and international 
organizations during the exercises.
Regarding fire protection, each plant has its own Corporate 
Fire Brigade unit (CFB), which is part of the Czech Integrated 
Rescue System. If necessary, CFB units may operate off-site 
under the regional emergency plan. The most important focus 
of CFBs is prevention.
In 2022, 22 emergency exercises and rehearsals of the use of 
alternative and mobile means took place at both nuclear power 
plants and followed the approved scenarios. The emergency 
exercises and rehearsals occurred as planned, with all state 
pandemic measures against covid-19 observed.
As part of nuclear safety, we monitor the impact of nuclear 
operations on the environment and human health. Long-
term environmental monitoring programs for nuclear power 
plants have confirmed that we operate without negative 
environmental impacts.
We also apply the ALARA (As Low As Reasonably Achievable) 
principle, which means that exposure or radioactive 
contamination of employees should be kept as low as possible. 
The value of the collective effective dose is consistently below 
the median of the World Association of Nuclear Operators.
Every two years, CEZ Group provides the population in nuclear 
power plant zones with basic information on what to do in the 
event of a radiation accident.
Firefighter Callouts from Nuclear Power Plants in Cooperation with the 
Integrated Rescue System
2020
2021
2022
Total number
56
77
84
Fires at Nuclear Power Plants
2020
2021
2022
Total number
1
0
0
Crisis Communication
In crisis communications, the management proceeds 
according to applicable legislation, crisis commutation 
plans, and emergency plans. In CEZ Group, the main crisis 
communication roles are assigned to the Communication 
and Marketing Department and the Fire Protection and Crisis 
Preparedness Department.
The Communication and Marketing Department ensures:
	 contact with the media
	 internal communication
	 communication with local and public authorities and external 
bodies of the Integrated Rescue System (Czech Fire Rescue 
Service, Czech Police, Medical Rescue Services)
The Head of the Communication and Marketing Department 
is a member of the CEZ Crisis Management Board (CMB) and 
regularly reports to CMB.
In the case of an incident at a nuclear facility, the nuclear 
power plant emergency committee (NPPEC) is activated, 
including its designated spokesperson, who handles 
communication between CEZ Group and external crisis 
management units. Before the activation of NPPEC, the shift 
engineer is responsible for early warning of the population in 
emergency planning zones and informing local authorities and 
state administration bodies. Upon its activation, NPPEC takes 
over and carries out these activities.
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Communication of nuclear emergencies follows:
	 Crisis Management Directive
	 Crisis Communication Guidelines
	 Emergency Response Instructions
All means of nuclear crisis communication (e.g., guidelines, 
instructions, plans, databases) are subject to regular quarterly 
reviews, and technologies used are tested continuously, at 
least once a week.
As for power and heating plants of the Renewable and 
Conventional Energy Division, Emergency Preparedness Plans 
have an annual review period.
We distribute an emergency manual to residents of emergency 
planning zones of nuclear power plants. We want to ensure 
that residents have basic information in case of emergencies.
As for distribution network emergencies, customers are most 
concerned about outage management. Customers want to 
know our procedures, and they are especially interested in the 
estimated time of the renewal of electricity supply.
The Distribution Grid Emergency Handbook provides more 
details related to our crisis management. The Handbook serves 
as a guide for Emergency Response Teams and municipalities. 
The Handbook also includes the necessary crisis hotlines, 
information on our emergency procedures, and tips on how 
to prepare for and what to do in case of an outage. The public 
version of the Handbook is available on our website.
Before planned outages and during distribution network 
emergencies, we inform our stakeholders through various 
communication channels (e.g., spokespersons, websites, 
hotlines, the online portal bezstavy.cz, SMS/email notification 
service). We see digitalization as an important aspect of crisis 
communication and informing the public about planned 
outages.
4.3.6.5. Conventional Power Plants Safety
All our power and heating plants from the Renewable and 
Conventional Energy Division (i.e., coal, gas, hydro) have an 
emergency plan required by law. In the emergency plan, 
the plant’s preparedness for accidents and emergencies is 
described. The emergency plan is followed by an Emergency 
Preparedness Plan (EPP), which sets out the procedures for 
communicating and dealing with an emergency in a specific 
location.
Pursuant to the Fire Protection Act, the Renewable and 
Conventional Energy Division has established a corporate fire 
brigade unit (CFB), which operates at stations in designated 
plants. The CFB unit is an essential part of the Integrated 
Rescue System (IRS) of Czechia. The CFB unit’s organization, 
competence, and ability to act are organized, methodically 
managed, and controlled by the Czech Fire Rescue Service 
(FRS).
The CFB unit training takes place in accordance with legal 
requirements. The professional competence of all employees 
assigned to the CFB unit is assessed every five years by the 
Commission of the Ministry of Internal Affairs of the FRS.
All power and heating plants conduct at least one emergency 
exercise each year to review the safety procedures in the EPP 
and the activities of the Emergency Response Team (ERT) 
and power and heating plant personnel. Further, emergency 
exercises test the cooperation with external entities (e.g., the 
FRS, Czech Police, Medical Rescue Services, and relevant state 
and municipal authorities). The situations simulated in the 
emergency exercises include fire, explosions, presence of toxic 
or flammable gases, technological malfunctions, the rescue 
of people, leakage of hazardous substances, and breach of 
physical security.
Every two years, conventional power and heating plant 
employees take an e-learning course on emergency 
preparedness, while ERT members receive regular in-class 
training every year.
Firefighter Callouts from Conventional Power and Heating Plants in 
Cooperation with the Integrated Rescue System
2020
2021
2022
Total number
29
18
22
Note: Data include power and heating plants from the Renewable and 
Conventional Energy Division of ČEZ, a. s.
Fires at Conventional Power and Heating Plants
2020
2021
2022
Total number
3
1
4
Note: Data include power and heating plants from the Renewable and 
Conventional Energy Division of ČEZ, a. s.
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4.4. Customer Orientation
GRI 3-3, 416-2
4.4.1. Approach to Customers
CEZ Group serves customers responsibly and provides 
comprehensive energy advice and services that can be 
customized to customers’ needs. We offer energy solutions 
to various individuals and institutions: residential customers, 
industrial companies, small and medium-sized businesses, 
municipalities, public and private organizations, hospitals, 
schools, sports arenas, and companies managing buildings 
and premises of all types. Our energy solutions reduce energy 
consumption and improve our customers’ quality of life by using 
advanced technology for electricity and heat generation, lighting 
comfort, and mobility.
CEZ Group actively supports market cultivation and education 
in the fight against unfair practices of door-to-door sellers 
of electricity and gas. We support stricter legislation, and 
we help customers fight unfair practices. We evaluate all our 
sales and marketing practices on the market to meet the 
highest standards, and we have been perceived as the most 
trustworthy brand on the market for many years. We have also 
set benchmarks for ensuring that contracts and terms and 
conditions are as transparent and fair to customers as possible. 
Our commercial and contractual conditions are transparent and 
unambiguous. Our employees receive regular training to offer the 
most appropriate and customized solutions to our customers 
while maintaining the highest level of service.
CEZ Group invests billions of Czech crowns into distribution 
system facilities to ensure a safe and reliable electricity supply. In 
case of an emergency, new advanced elements allow us to locate 
the point of failure faster and restore supply sooner. The reliability 
of the electricity supply and the speed of its restoration in case of 
failure are key indicators of our customers’ satisfaction.
In mid-2021, ČEZ Distribuce launched the Cooperating Partners 
program, which establishes cooperation between inspection 
technicians and energy companies. The program aims to help 
customers simplify and speed up the entire administration of 
inspection reports and reduce the error rate in these reports. 
Inspection technicians have access to the Distribution Portal to 
verify the technical data of the point of consumption and can 
confirm inspection reports online. The interest in the program is 
significant; ČEZ Distribuce currently cooperates with more than 
500 inspection technicians.
4.4.1.1. Access to Basic Services and Programmes for 
Vulnerable Customers
GRI G4-EU4, G4-EU12; SASB IF-EU-000.C, IF-EU-240a.1, 
IF-EU-240a.2, IF-EU-240a.3, IF-EU-240a.4 / SDG 7, SDG 10
ČEZ Distribuce is the largest electricity distribution system operator 
in Czechia. It operates on almost two thirds of the country’s territory, 
inhabited by about 61.5% of the population (population density of 
about 124 persons/km2). The following table shows the length of 
above ground and underground lines of the distribution system.
Above and Underground Lines (km)
2020
2021
2022
Length of above and underground lines
166,686
167,628
168,533
o/w high voltage
10,000
10,002
9,998
o/w medium-voltage
51,134
51,295
51,462
o/w low voltage
105,552
106,331
107,073
Regarding connection to the distribution network, ČEZ Distribuce 
responds to the requests of individual applicants and proposes 
customized solutions for the connection of individual consumers and 
power generation plants. Due to the situation on the energy market 
in 2022 and the subsidy policy introduced by the Czech government 
(the Modernization Fund), we expect an increasing number of 
requests for connection of power generation plants (mainly stand-
alone photovoltaic power plants). Thanks to the Modernization Fund 
(at least CZK 300 billion), ČEZ Distribuce will help increase the energy 
security and self-sufficiency of its customers.
Number of Requests for Connection
2020
2021
2022
Requests for connection to energy supply
N/A
144,688
130,478
Requests for connection of power 
generation plants and micro-generators
6,649
16,191
70,212
The massive boost of renewable energy sources and especially 
photovoltaics brings along greater demands on the capacity of 
the network and related investments. As of December 31, 2022, 
ČEZ Distribuce registers requests for connection of generation 
plants with a capacity of approximately 13.8 GW, of which 57% is 
already met by signed Future Connection Agreements.
We see the following as important areas for further development 
with the potential to connect new customers:
	 industrial areas around motorways
	 urban zones
	 areas planned for the construction of an e-car battery factory
	 popular tourist locations
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74
To develop the distribution system and ensure access to basic services, we also cooperate with state and local governments. Responsibility 
for the cooperation lies with a specialized department of ČEZ Distribuce, Public Sector Care, consisting of 11 representatives. In total, 
there are 4,063 municipalities (incl. city districts) in the distribution territory of ČEZ Distribuce, and each representative of the specialized 
department attends on average 120 meetings per year with representatives of state and local governments.
ČEZ Distribuce takes great care to ensure that the quality of the supplied electricity complies with binding standards. To evaluate the quality, 
ČEZ Distribuce performs permanent measurements at system nodes and temporary measurements at selected points of the system.
As a result of the deregulated EU electricity market, ČEZ Distribuce disconnects and reconnects customers based on requests from 
the energy selling companies. The disconnection and reconnection of customers is governed by the applicable legislation and the 
General Terms and Conditions:
	 Decree No. 540/2005 Coll., Decree on the quality of electricity supply and related services in the electricity sector
Disconnection is a measure of last resort; prior, the customer is contacted repeatedly, and possible alternative solutions are suggested 
(e.g., payment plans).
Accessibility of Services
Indicator
Unit
2020
2021
2022
Average retail electric rate for:
CZK/kWh
N/A
(1) residential
(1) 1.98
(1) 3.02
(2) commercial
(2) 1.82
(2) 2.99
(3) industrial customers
(3) N/A
(3) N/A
Typical monthly electric bill for residential customers for: 
CZK
N/A
 
(1) 500 kWh
(1) 2,650
(1) 3,550
(2) 1 000 kWh 
(2) 3,760
(2) 5,070
of electricity delivered per month
 
Number of residential customer electric disconnections for non-payment
Number
8,884
7,282
4,231
   of which disconnections: 
Number
 
(1) 0-2 days
(1) 1,748
(1) 1,300
(1) 1,384
(2) 3-7 days
(2) 3,590
(2) 1,766 
(2) 1,503
(3) 8-30 days 
(3) 2,859
(3) 2,426 
(3) 982
(4) 31-365 days 
(4)    687
(4) 1,790
(4) 362
(5) more than 1 year
(5) 0
(5) 0
(5) 0
Percentage of residential customers reconnected within 30 days, 
ČEZ Distribuce
%
92
75
91
Based on VISION 2030—Clean Energy of Tomorrow, we aim to provide the best energy solutions and the highest quality customer 
experience. In our business, we do not forget vulnerable customers, such as people with disabilities and the elderly.
Our product portfolio offers a new electricity and gas tariff for people with disabilities. This tariff comes with a better price and enables 
priority check-in at customer care centers and on the hotline. To sign up for this product, the customer or a person from the same 
household must present a Disabled Person’s Pass. In March 2021, we launched a special hotline facilitating communication for the elderly 
and the hearing impaired. Any customer with disabilities can stay in contact with our front office via the hotline with text call conversion.
We come up with efficient solutions to protect the most vulnerable households from energy poverty. This is a significant issue for 
people with disabilities and the retired, both with low disposable income. We provide them with discounted tariffs once they meet the 
contractual conditions. 
Geopolitical events in the European region triggered by Russian aggression towards Ukraine resulted in market uncertainty. This was 
the main cause of price increases of electricity and gas for households in all European countries. CEZ Group initiated a set of corrective 
measures to mitigate these negative impacts.
Measures with immediate effect were individual payment plans for households struggling with standard payment schedule, repayment 
arrangements, and payment installments. A reduction of interest or waivers of delayed payments were applied in individual cases. 
ČEZ Prodej also established cooperation with civic counselling centers providing assistance and financial advisory service to clients free 
of charge. 
Additionally, in 2022 we started our own activities aimed at customer education in energy savings and better energy management in 
their households. These activities included a campaign encouraging customers to do self-meter readings on a regular basis. 
CEZ Group      Sustainability Report 2022      Customer Orientation

75
A major activity was the online tool www.setrim.cz focused on 
raising awareness of energy savings. The project is an interactive 
microsite, where users can get tailor-made measures based on 
their household parameters. Each measure provides the users 
with the annual financial savings effect. More than a million 
users (a tenth of the Czech population) visited the site in 2022. 
Further, all major Czech media houses promoted the online 
tool and its data. In 2023, we will launch the CEZ Academy, 
a series of webinars and courses for the public on energy saving 
opportunities.
For the second time, CEZ Group joined the nationwide campaign 
Gracious Summer II, which allows debtors to avoid foreclosures 
if they have them with public institutions and companies with 
a majority state share. For citizens with utility debts, CEZ Group 
launched a dedicated website with detailed instructions on how 
to proceed. For many years now, ČEZ Prodej has not enforced 
small amounts owed in court or by foreclosures due to the 
excessive burden on debtors.
ČEZ Prodej was active in consumer protection against unfair 
practices in the energy market in 2022. Efforts were mainly 
applied to uncovering illegal practices on the market and 
cultivating the market. ČEZ Prodej informs about such practices 
on a dedicated website (www.cez.cz/cs/nedejte-se), where 
consumers can find advice how to defend themselves. 
ČEZ Prodej has a Code of Ethics, which defines transparent and 
fair conditions for dealing with customers and business partners. 
Employees are trained in these principles and conditions. The 
Code is based on the model code of ethics of the Energy 
Regulatory Authority and defines a set of rules and procedures 
for ethical and professional conduct towards the customer. The 
aim is to increase customer awareness and protection and to 
improve the level of service provided. 
4.4.1.2. Implementation of Government measures to reduce 
impact of high energy prices on customers
In 2022, extreme price hikes in gas and electricity prices occurred 
as a result of the unstable geopolitical situation and disruption 
of energy supplies in Europe. In reaction, the Czech government 
introduced several measures to protect households and other 
customers from the impact of these price hikes, e.g., price caps 
to regulate increasing energy costs of households, a savings 
tariff, and a waiver of fees for renewable resources from the price 
of electricity. 
CEZ Group has supported all governmental activities, 
implemented measures on time and communicated the effects 
clearly in several communication campaigns, in contact centers 
and via an online platform MůjČEZ, as well as special websites. 
4.4.2. Net Promoter Score
Credibility is a key parameter of customer experience, and 
CEZ Group focuses intensively on strengthening it. The 
pro-customer orientation is reflected in VISION 2030—Clean 
Energy of Tomorrow, where CEZ Group sets the goal to 
maintain the highest Net Promoter Score among large energy 
suppliers.
In 2022, CEZ Group was named the most trusted energy 
supplier for the sixth consecutive year. CEZ Group topped the 
Most Trusted Brand ranking in the energy supplier category. 
In the poll, 4,000 respondents rated 700 brands in various 
areas and categories. CEZ Group confirmed its position as 
a company with a long-term focus on customer experience, 
its improvement, and fostering trust.
4.4.2.1. Customer Experience (CX)
The energy industry is one of the more complex industries, 
and it can present a challenge to our customers, who have 
encountered its processes only a few times in their lives. In 
customer experience, we have long been concerned about 
the necessity of the high level of effort a customer puts into 
resolving their request. Therefore, our goal in CEZ Group is to 
make the experience as pleasant and as simple as possible. 
The ultimate objective is a satisfied customer – a customer 
whose requests and needs are resolved quickly and without 
complications in a simple and easy-to-understand way. In the 
complex area of energy and technology, the customer is our 
priority.
Customer satisfaction is measured via a CX parameter that 
is based on CSAT (customer satisfaction score) and CES 
(customer effort score) methodology. The parameter is 
a composite index consisting of 3 components: satisfaction 
with request fulfilment, satisfaction with staff, and effort 
needed to get request fulfilled. Only the best mark is counted 
on a 5-point-scale from very satisfied to very unsatisfied.
We want to keep the CX parameter above 85% in the long term 
and make significant progress in CX efforts by 2023 so that 
our customers can always handle their requests quickly and 
smoothly.
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76
4.4.3. Digitalization
SDG 9
Strategic priorities of CEZ Group include continuous 
modernization and digitalization of distribution network and 
digitalization of key customer services. The priorities were 
announced in VISION 2030—Clean Energy of Tomorrow, and the 
transformation of the distribution network includes three targets 
for 2030:
	 the use of smart meters (the goal is 80% of power 
consumption to be covered by smart meters). The smart meter 
rollout on low-voltage smart meters rollout will commence in 
2024. We will cover all customers with consumption over 
6 MWh by July 2027.
	 remotely measured transformer stations (the goal is 80% of 
transformer stations to be measured remotely). 20% of stations 
have been covered by 2022.
	 installation of optic fiber networks (the goal is 11,000 km). 
At present, 4,200 km have been installed. 
Our goals were based on and are assessed by benchmarking with 
other European peer distribution companies.
The aim of the digital transformation of the distribution network 
is the development of a smart automated grid with increased 
reliability. The development of the smart grid includes verification 
projects focused on metering, communication, network 
automation, and improvements in operational safety and supply 
reliability. Successfully verified concepts will become a part of 
implementation projects across the distribution grid. Our first 
priority is efficient network management and subsequent cost 
reduction. The new smart grid will enable new connections of 
decentralized generation. It will also allow the utilization of the 
capacity of fiber optic networks for telecommunication services.
The second strategic priority is the transformation and 
digitalization of key customer services. Implemented ICT projects 
have both short-term and long-term impacts. Project goals will 
ensure long-term sustainability of existing solutions and develop 
new services. Our aim is to streamline not only internal processes 
but primarily services for customers and partners.
The target is 100% of key customer processes to be digital by 
2025. We plan major projects – transition to SAP HANA and GIS 
Utility network. We want to apply new procedures and modern IT 
services to support the achievement of the company’s ambitious 
goals (e.g., 80% interactions with customers as digital-only, 
increasing customer satisfaction).
Our company invests systemically into digitalization. We focus on 
new digital channels and simplify customer journeys. An example 
is the implementation of a mobile application. We regularly 
evaluate customer experience against benchmarks and focus 
on monitoring digital interaction with customers. In 2022, we 
fully digitized the process of requests for customer connection 
including digital signature. Based on this, we set ambitious 
goals for the adoption of digital channels. In this way, we create 
a professional relationship with the customer and meet the goals 
of the digitization strategy.
ČEZ Prodej is also digitizing internal and customer processes. 
Following a large increase in customer orders of rooftop 
photovoltaics, we created an application that enables a fast, 
flexible and efficient creation of installation offers, incl. tracking 
of current availability of components. We offer flexible and 
tailor-made solutions with precise information on the expected 
availability. 
We adapted our website to current customer needs and now 
offer support for specific life situations (see 4.4.1 Approach to 
Customers). We are also developing a brand new mobile app for 
customers to be launched in 2023.
4.4.4. Ombudsman
CEZ Group established the Office of the Ombudsman in 
October 2009 as one of the first energy companies in Europe 
and the first one in Czechia. The ombudsman reports directly 
to the Board of Directors and is completely independent 
of CEZ Group subsidiaries. The ombudsman’s tasks include 
investigations of customer claims, assessments of customer 
suggestions for improvement of services provided by CEZ Group, 
and proposals of systemic changes to individual CEZ Group 
companies. As an independent body, the ombudsman also 
considers each case based on the customer’s individual 
circumstances and potential hardship. Since the establishment 
of the ombudsman office, 9,502 claims have been processed.
In 2022, the CEZ Group ombudsman received 902 notifications 
from customers: 889 submissions and 13 suggestions for 
improvement. The ombudsman assessed 74 complaints as 
legitimate. In 39 cases, the customers’ claims were recognized 
as legitimate by concerned companies from CEZ Group. 
In 35 cases, the ombudsman applied a specific approach for 
the customer’s benefit, namely exercising the right to apply 
for an exception in the case of a customer in a difficult life 
situation even if the claim is not justified.
CEZ Group      Sustainability Report 2022      Customer Orientation

We are a stable   
and  reliable   
supplier,  and   
we  provide   
safe  energy

78
Governance 
5

CEZ Group signed 
Pride Business Forum 
Memorandum.
ČEZ, a. s., conducted over 
1,000 compliance checks 
as part of due diligence 
for the Code of Conduct. 
ČEZ, a. s., received the Silver 
Certificate for Strategy 
in Diversity from Business 
for Society, the largest 
platform for sustainable 
business in Czechia.
Each member of the Board 
of Directors received 
ESG-related certifications 
from Berkeley, Diligent 
Institute, and Prague 
University of Economics 
and Business.
European Investment 
Bank provided a loan for 
modernization of electricity 
distribution grid and uptake 
of new connection of 
renewables.
CEZ Group had zero 
incidents of corruption.
CEZ Group issued the first 
TCFD Report and 
a stand-alone SDG Report.
CEZ Group expects to pay 
over CZK 100 billion in 
dividends, income taxes 
and levies on revenues from 
generation to the Czech 
state.
CEO Water Mandate – 
CEZ Group is the first 
Czech company to support 
the CEO Water Mandate 
Initiative, committing to 
sound and sustainable water 
management.
ČEZ, a. s., started public 
procurement for project 
development of new nuclear 
unit in Dukovany nuclear 
power plant.
CEZ Group is the first Czech 
company to launch a public 
online ESG library and data 
tool, which provides the 
most comprehensive data 
of all European utilities.
Temelín nuclear power plant 
was successfully inspected 
by the National Office for 
Cyber and Information 
Security.
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80
5.1. CEZ Group Corporate Governance
5.1.1. Governance Bodies
GRI 2-14, 2-16 / SDG 16
ČEZ, a. s., uses a two-tier system of governance: the Supervisory Board supervises the Board of Directors, who are responsible for 
the day-to-day management of the company. The following chart describes the flow of information among the governance bodies.
Fig. 3.: Flow of Information among the Governance Bodies
The Supervisory Board periodically reviews performance of the Board of Directors and approves remuneration based on evaluation of KPIs, 
including environmental and climate-related KPIs. Each Member of the Board of Directors has a specific KPI linked to ESG incorporated among 
the top 5 KPIs, which are assessed annually. The Supervisory Board also sets and evaluates performance indicators related to the variable 
remuneration of the Members of the Board of Directors. Thus, the Supervisory Board also fulfills its role of the Remuneration Committee. 
The Board of Directors shares joint responsibility for sustainability matters and oversees the area of ESG including climate-related issues. 
The Board of Directors of ČEZ, a. s., approves CEZ Group’s Sustainability Strategy as well as CEZ Group’s Sustainability Report.  On 
a monthly basis, the Chief Executive Officer (CEO) and the Chairman of the Board of Directors informs the Supervisory Board about ESG 
agenda, which includes climate-related risks. The Board of Directors and Board committees are informed specifically about climate-related 
risks at least quarterly, and the Board of Directors is informed periodically about the environmental profile of the generation portfolio. 
Annually, as part of the Environmental Management System review, the Board of Directors is informed about the environmental profile of 
the generation portfolio. We assess both environmental performance indicators and environmental targets achieved. CEZ Group tracks 
both absolute quantities and quantities relative to the volume of electricity and heat generated. Monitoring and measurement records 
and environmental and climate impact records are also subject to review as part of internal and external audits and reported to the Audit 
Committee. 
CEZ Group reports EU taxonomy key performance indicators in line with Taxonomy Regulation 2020/852 and associated delegated 
acts. We report the eligibility and alignment of economic activities and major investments contributing to climate change mitigation 
goal. We report Operating Revenues, CAPEXt and OPEXt KPIs.
CEZ Group governance bodies are described in detail in the CEZ Group 2022 Annual Financial Report (pp. 30-51).
BOARD OF DIRECTORS
Risk Committee
Shareholder’s Meeting
Supervisory Board
Audit Committee
ESG Strategic Steering
Committee
Internal and External 
Audit
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81
5.1.1.1. Independence of Governance Bodies
ČEZ, a. s., adheres to the Best Practice 2021 of the Warsaw 
Stock Exchange (GPW), which defines the principles of 
corporate governance for GPW-listed companies. According 
to Article 2.3., the Supervisory Board is deemed independent 
if at least two members of the Supervisory Board meet 
the independence criteria and have no real and significant 
relationships with shareholders holding at least 5% of the total 
votes in the company.
All members of the Supervisory Board sign an Affidavit on 
compliance listing the criteria for independence of a member 
of the Supervisory Board. The content of the Affidavit is in line 
with Commission Recommendation 2005/162/EC of February 
15, 2005. They either confirm their complete independence 
or indicate why they cannot be deemed independent. As 
of December 31, 2022, six out of eleven members of the 
Supervisory Board were independent, including Radim Jirout, 
the Chairman of the Supervisory Board. Four members were 
not independent because they were employees of ČEZ, a. s. 
One member was an employee of the majority shareholder. 
The Supervisory Board submits a report to the annual 
Shareholders’ Meeting, which includes information on their 
independence.
For the current composition of the Supervisory Board, see our 
website, CEZ Group Corporate Governance | Sustainability in 
CEZ Group. 
5.1.2. Sustainability Governance and ESG 
Management
GRI 2-9, 2-12, 2-13, 2-17, 2-18, 2-19, 2-20
CEZ Group is committed to transparent and effective 
sustainability and ESG governance. In July 2021, we established 
an ESG Office led by the Chief Sustainability Officer (CSO), 
Kateřina Bohuslavová. The CSO reports directly to the CEO, 
Daniel Beneš. They are both sustainability leaders in CEZ 
Group. ESG Office is responsible for everyday sustainability 
agenda, non-financial reporting, coordination of ESG 
initiatives, and management of ESG working groups.
Fig. 4: ESG Management Model
ESG management uses the centralized-coordination-
decentralized-implementation model.
ESG Strategic Steering Committee
Board of Directors, CSO, 
selected top management
ESG Executive Steering Committee
CSO, division representatives, managers of ESG Initiatives 
and ESG Working Groups
ESG 
Initiatives
ESG 
Working Groups
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82
Board Level Oversight
Sustainable 
Strategy 
Oversight
Pillar Oversight
Policy
Policy Oversight
CEO
E
Chief of 
Renewable and 
Traditional Energy 
Division
Emissions & Waste
Chief of the Renewable and Traditional Energy Division, Chief of the Nuclear Energy Division
Water Stress & Water Use
Chief of the Renewable and Traditional Energy Division, Chief of the Nuclear Energy Division
Climate-Related Issues
Chief of the Renewable and Traditional Energy Division, Chief of the Nuclear Energy Division, 
CEO
Climate-Related Issues: Suppliers
Chief of the Renewable and Traditional Energy Division, Chief of the Administration Division*
Environmental Risks
Chief of the Finance Division
Biodiversity
Chief of the Renewable and Traditional Energy Division
Site Closure
Chief of the Sales and Strategy Division
Renewable Energy
Chief of the Renewable and Traditional Energy Division
S
Chief of the 
Administration 
Division
Community Engagement
CEO
Health & Safety
CEO
Human Capital
Chief of the Administration Division
Human Rights
Chief of the Administration Division
Diversity
Chief of the Administration Division
Customer Engagement
Chief of the Sales and Strategy Division
Purchasing Practices
Chief of the Administration Division*
G 
CEO
Public Engagement (lobbying)
CEO
Remuneration, Clawback & Malus
Chief of the Administration Division
Business Ethics
CEO
Whistleblower
CEO
Bribery and Anti-Corruption
CEO, Chief of the Administration Division*
Anti-Corruption: Suppliers
Chief of the Administration Division*
Anti-Money Laundering
Chief of the Finance Division
Cybersecurity
CEO
Business Travel
Chief of the Administration Division
* The policy falls under the responsibility of the CEO of ČEZ, a. s.; the policy is supervised by the Director of the Administration Division.
5.1.2.1. ESG Strategic Steering Committee (SSC)
The SSC is the highest level of ESG management. The rights 
and responsibilities of the SSC are set out in the ESG Strategic 
Steering Committee Charter. The SSC determines CEZ 
Group’s sustainability strategy and monitors the progress of 
ESG initiatives and working groups. The SSC also monitors 
the fulfilment of targets set in VISION 2030—Clean Energy of 
Tomorrow. The ESG Sponsor and the Chairman of the SSC is 
the CEO and Chairman of the Board of Directors, Daniel Beneš. 
The ESG Executive Sponsor and the Vice-Chairwoman of the 
SSC is the CSO, Kateřina Bohuslavová. Other members of the 
SSC are the members of the Board of Directors, the Strategy 
Director, the Communication and Marketing Director, the Legal 
Affairs Director, and the Audit and Compliance Director.
5.1.2.2. ESG Executive Steering Committee (ESC)
The ESC is the managerial and operational level of governance 
and coordination of the ESG agenda. The Chairwoman of 
the ESC is the CSO, Kateřina Bohuslavová. Its members are 
representatives of all Divisions and key departments in terms of 
ESG management.
5.1.2.3. ESG Initiatives
ESG Initiatives are projects led by teams managed within one 
division to implement ESG objectives approved by the SSC 
across CEZ Group. The ESG Initiatives are headed by managers 
appointed by the Initiative sponsors.
5.1.2.4. ESG Working Groups
ESG Working Groups are cross-divisional management teams 
that implement ESG objectives approved by the SSC across 
CEZ Group. The ESG Working Groups are headed by leaders 
appointed by the Chairperson of the ESC.
5.1.2.5. ESG Education
CEZ Group is committed to the highest quality of sustainable 
management. Each member of the Board of Directors, the 
CSO, and other top management have received ESG-related 
certifications. The programs are offered by higher education 
institutions in the United States of America and Czechia:
	 Berkeley Law: ESG: Navigating the Board’s Role
	 Berkeley Law: Sustainable Capitalism & ESG
	 Diligent Institute: Diligent Climate Leadership Certification
	 Prague University of Economics and Business: Academy of 
Corporate Sustainability Management
5.1.2.6. Policy Matrix
CEZ Group developed a policy matrix to strengthen the 
managerial responsibility for ESG issues. The matrix illustrates 
both board-level oversight and executive managerial 
responsibility for each area. Responsibilities are linked to 
designated positions regardless of the individuals holding them. 
Currently, we are systematically reviewing all policies under the 
Policy Matrix ESG Initiative, which will expand the matrix with 
specific measures and targets.
CEZ Group      Sustainability Report 2022      CEZ Group Corporate Governance

83
Managerial Oversight
Policy
Division
Manager
Coordination (ESG 
Office)
ESG 
Oversight
Emissions & Waste
Renewable and Traditional Energy
Head of Generation and Operation
ESG specialist for 
environmental
CSO
Nuclear Energy
Head of Safety
Water Stress & Water Use
Renewable and Traditional Energy
Head of Generation and Operation
Nuclear Energy
Head of Safety
Climate-Related Issues
Renewable and Traditional Energy
Head of Generation and Operation
Nuclear Energy
Head of Safety
Climate-Related Issues: Suppliers
Renewable and Traditional Energy
Head of Technical Management
CEO
Head of Procurement for Generation
Environmental Risks
Finance
Head of Risk Management
Biodiversity
Renewable and Traditional Energy
Chairman of the BoD of Severočeské doly
Site Closure
Sales and Strategy
Strategy Director
Renewable Energy
Renewable and Traditional Energy
CEO of ČEZ Obnovitelné zdroje
Community Engagement
CEO
Head of Public Affairs
ESG specialist 
for social
Health & Safety
CEO
Head of Management System
Human Capital
Administration
Head of HR
Human Rights
Administration
Head of HR
Diversity
Administration
Manager of Diversity and Inclusion
Customer Engagement
Sales and Strategy
CEO ČEZ Prodej
Purchasing Practices
CEO
Head of Procurement
Public Engagement (lobbying)
CEO
Head of Public Affairs
ESG specialist 
for governance
Remuneration, Clawback & Malus
Administration
Head of HR
Business Ethics
CEO
Head of Audit and Compliance
Whistleblower
CEO
Head of Audit and Compliance
Bribery and Anti-Corruption
CEO
Head of Procurement for Generation
CEO
Head of Procurement
CEO
Head of Audit and Compliance
Anti-Corruption: Suppliers
CEO
Head of Procurement for Generation
CEO
Head of Procurement
Anti-Money Laundering
Finance
Head of Accounting
Cybersecurity
CEO
Head of CEZ Group Security
Business Travel
Administration
Head of HR
5.1.2.7. Remuneration Policy
The Remuneration Policy clearly and transparently defines all 
fixed and variable remuneration components of the Board of 
Directors and Supervisory Board members. Remuneration is 
based on the Say-on-Pay principle: shareholders can comment 
on the remuneration policy through voting at the Shareholders’ 
Meeting. The Remuneration Policy specifies any bonuses, other 
benefits, maluses, a clawback provision, conditions for office 
termination, severance pay, and a non-competition clause. It also 
defines key financial and non-financial performance indicators. 
Each year, the Board of Directors submits a public Remuneration 
Report of ČEZ, a. s., to the Shareholders’ Meeting for approval.
The Supervisory Board defines and evaluates performance 
indicators related to any variable component of remuneration of 
members of the Board of Directors. Each Member of the Board 
of Directors has a specific KPI linked to ESG incorporated among 
the top 5 KPIs, which are assessed annually. All Board members 
individually have a unified ESG task with a weight of at least 15% 
for 2023. This task requires reaching a target level of international 
ESG rating of ČEZ, a. s., fulfilling our public commitments, 
implementing ESG initiatives, and taking measures in line with 
the accelerated strategy of VISION 2030. Thus, the Supervisory 
Board also fulfills its role of the Remuneration Committee.
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CEZ Group recognizes that climate change poses severe 
risks to business and society. In general, climate risk exposure 
is medium to high in the energy industry. Our strategy 
centers around reducing our company’s risk exposure and 
strengthening our management processes.  We are working 
diligently to responsibly close gaps associated with climate-
related risk.
We are committed to both climate change mitigation and 
adaptation. To operate sustainably, ethically, and transparently, 
we must address climate-related risks and opportunities within 
our strategy. To avoid any blind spots, we cooperated with 
an independent third-party consultancy – S&P Global. This 
cooperation ensured a robust assessment of both physical and 
transition risks. 
We incorporate double materiality: The risk management 
department monitors (1) the impact of climate-related physical 
risks (i.e., floods, fires, earthquakes, landslides, lightning strikes, 
storms, and tornados) on our facilities; and (2) the effects of our 
business on the environment and the climate. The effects are 
categorized as follows:
	 Critical: material and irreversible impact on the environment 
and climate
	 High: material impact with a long-term return to the original 
state
	 Medium: impact with a mid-term return to the original state
	 Low: immaterial impact with a low-cost short-term return to 
the original state
We recognize that climate-related risks are overarching, as 
they can trigger other types of risks (reputational, operational, 
financial). They can also jeopardize stakeholder relationships. 
We monitor regulations related to climate at the national and EU 
level to adapt to transition risks. We monitor non-governmental 
organizations and initiatives, as they tend to be ahead of 
regulation. This helps to predict trends and minimize transition 
risks.
We have published a separate TCFD Report. The report is based 
on the TCFD recommendations and follows the recommended 
structure. We disclose Governance, Strategy, Risk Management, 
and Metrics and Targets based on the TCFD guidelines. In line 
with best practice, we use scenario analysis and results of state-
of-the-art climate modelling based on science and available 
scientific consensus about climate change. We review the latest 
scientific evidence and evaluate climate scenarios to build our 
strategic resilience in the short, middle, and long terms.
For full disclosure of our GHG emissions, see p. 22.
For risk management in general, see the CEZ Group 2022 
Annual Financial Report (pp. 58-60).
5.2. Climate-Related Risk Management and TCFD 
GRI 3-3, 201-2; SASB IF-EU-110a.3 / SDG 13
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TCFD and Climate-related Milestones
2004
  CEZ Group introduces CO2 emissions reporting in the 
Annual Report.
2007
  CEZ Group publishes the first Corporate Social 
Responsibility Report with a chapter dedicated to 
climate change.
2015
  CEZ Group makes a commitment to generate electricity 
without CO2 emissions by 2050.
2017
  CEZ Group integrates climate change assessment as 
part of the Environmental Impact Assessment (EIA) 
documentation for new large-scale projects.
2018
  CEZ Group generates more than a half of electricity 
from zero-emission sources.
2020
  Permanent phase-out of the Prunéřov I coal-fired 
power plant (440 MW).
  CEZ Group reports all GHG emissions from Scopes 1, 2 
and 3 in the Sustainability Report.
2021
  CEZ Group adopts accelerated decarbonization 
strategy VISION 2030—Clean Energy of Tomorrow 
and makes ESG an integral part of everyday business.
  CEZ Group sets ambitious targets to increase our 
renewable energy capacity.
  CEZ Group joins the Business Ambition for 1.5°C 
campaign.
  CEZ Group establishes a dedicated ESG Office run by 
the Chief Sustainability Officer in July and establishes 
ESG Strategic Steering Committee and ESG Executive 
Steering Committee.
  CEZ Group launches a system of ESG education for all 
Members of the Board and selected top management 
and links ESG key performance indicators to 
remuneration.
  CEZ Group assigns responsibility for climate-related 
risks at the Board and executive levels.
  CEZ Group becomes an official TCFD supporter 
in November.
  The coal site Energotrans III (500 MW) in Mělník closes 
its production.
2022
  CEZ Group issues first sustainability-linked bonds with 
commitment to reach GHG emission intensity target 
0.26 tCO2e/MWh in 2025.
  The SBTi validates our near-term 2030 target in line 
with well below 2°C.
  The Sustainability Report includes a dedicated chapter 
for climate-related disclosures aligned with the TCFD.
  CEZ Group and the Ministry of the Environment sign 
a Memorandum on Cooperation in Climate Protection, 
the Energy Sector, and Certain Related Areas.
  CEZ Group commits to net-zero climate neutrality by 
2040 and submits this target for the SBTi validation. 
Validation date is set for June 2023.
 
2023
  CEZ Group publishes a detailed stand-alone TCFD 
Report.
  CEZ Group launches a ESG Climate-related Risk 
Management Initiative to develop this agenda further.
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In CEZ Group, we perceive diversity as a principle that enables 
people to fulfil their potential irrespective of individual 
differences. We believe that providing equal opportunities 
and promoting diversity and inclusion is a natural way of doing 
business innovatively and sustainably. We treat people equally 
in dignity and rights. We reject discrimination of any kind. All our 
actions and activities are regularly monitored, evaluated, and 
transparently communicated.
CEZ Group has had a long history of promoting diversity. In 
2014, we were one of the first signatories of the European 
Diversity Charter in Czechia. Following the Diversity Charter, we 
are committed to maintaining a workplace environment open 
to all, irrespective of their gender, race, skin color, nationality, 
ethnicity, religion, disability, age, sexual orientation, gender 
identity, political affiliation, cultural background, or trade union 
membership.
We are also actively committed to implementing Sustainable 
Development Goal 5, which aims to achieve gender equality and 
empower all women and girls. We support equal opportunities 
for women and their full and effective participation in decision-
making at all levels of private and public life. 
In May 2021, the Board of Directors approved CEZ 
Group’s strategy VISION 2030—Clean Energy of Tomorrow. 
The strategy reflects our ESG ambitions and goals: regarding 
diversity, we have set a long-term goal of achieving a 30% share 
of women in management.
Subsequently, the Board of Directors adopted a Diversity and 
Inclusion Policy, binding for all CEZ Group companies. The 
policy declares a culture of diversity, inclusion, respect, trust, 
equal opportunities, and workplace dignity. The policy outlines 
a comprehensive approach to the company’s diversity goals. 
It integrates diversity and inclusion into the company’s activities, 
encompassing recruitment, management and remuneration, 
development of employee potential, and work-life balance. The 
policy protects vulnerable groups of employees and provides 
them with opportunities. It includes measures to improve 
employment conditions for employees over 50, employees with 
disabilities, parents of young children, LGBTQ+, and informal 
caregivers.
The Diversity and Inclusion policy has been reflected in collective 
agreements with trade unions. One of the outcomes is the 
adjustment of the rights of registered partners to the level of 
married couples above and beyond the scope of Czech law, 
promoting equality of LGBTQ+ at the workplace. Registered 
partners are now able to take paid or unpaid leave in the same 
cases as spouses: to get married, to accompany their partner 
to a medical facility, to attend a birth, and to take parental 
leave. Another practical outcome focuses on employees with 
disabilities. Their personal benefits account is increased by 
CZK 3,000, and they can take up to two days of paid leave to 
claim their PWD (person with a disability) status. The collective 
agreement also includes the principle of non-discrimination and 
equal pay.
The company’s supportive approach to employees who are also 
informal caregivers has been recognized through a project called 
I Care, and I Work. In this project, employees can participate in 
webinars on health, social and financial issues, discussing topics 
relevant to their experience as informal caregivers. They can also 
take advantage of individual counselling. Employees in difficult 
life situations can use anonymous chats for support.
We offer employees who retired the benefit of joining Senior 
Clubs. They can also benefit from the CEZ Group Seniors 
Endowment Fund. The fund organizes cultural events or seniors’ 
meetings.
In April 2022, we joined the Pride Business Forum Memorandum 
and committed to creating an open environment for LGBTQ+ 
employees. We raise awareness among our employees through 
public discussion with LGBTQ+ ambassadors. We also offer 
a free-of-charge helpline S Barvou Ven specializing in consultancy 
in sexual orientation, gender identity and coming-out. 
5.3. Diversity and Equal Opportunity
GRI 3-3, 405-1 / SDG 5, SDG 10
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In the event of unethical or illegal behavior contrary to the Code 
of Conduct, employees can use the Whistleblowing Hotline to 
report the incident. In 2022, there were zero harassment and 
discrimination incidents reported; one case reported in the 
previous year was investigated and closed with the conclusion 
that it was not a case of harassment or discrimination. 
In May, we offered a series of lectures, discussions, and online 
events to celebrate the Month of Diversity. 
In October, we organized training for HR business partners 
focused on the employment and treatment of people with 
disabilities.
We created specialized interactive guidelines summarizing all 
relevant information fostering an inclusive workplace, and we 
communicate topics and support given to our employees on our 
internal website. We actively promote diversity and an inclusive 
workplace though our living library Energy of Stories – sharing 
testimonials of our D&I ambassadors. 
In December, we issued a guideline summarizing options of 
flexibility at work to support work-life balance and wellbeing of 
our employees. 
In 2022, our employees spent 9,600 hours on diversity and 
inclusion training.
In 2022, the company’s efforts in diversity and inclusion were 
awarded a Silver Certificate – Strategy in Diversity by Business 
for Society, the largest platform for sustainable business in 
Czechia. The diversity index is assessed by DISA – Diversity 
and Inclusion Strategic Assessment methodology and reflects 
collective innovative best practice of sustainable companies 
within the Diversity Charter.
In 2023, our activities to promote diversity and inclusion will 
include various plans and public commitments. We will launch 
diversity and inclusion awareness training for all employees in 
ČEZ, a. s., and selected subsidiaries. Further, we plan to launch 
an educational campaign focusing on unconscious bias. We will 
continue to support our employees in establishing Employee 
Resource Groups (ERGs), gathering especially LGBTQ+ or 
parents.
5.3.1. Women in Leadership Positions
The energy industry has a long history of being predominantly 
male. Achieving gender equity thus requires a strong and 
proactive effort. This includes focusing on inclusive corporate 
culture, recruitment practices and processes, career 
development, leadership training, mentoring, retention and 
engagement efforts, and compensation parity.
CEZ Group supports women at work and their career 
advancement in multiple ways. Women empowerment in CEZ 
Group stands on three pillars: our goals are to attract, retain and 
advance women. 
In VISION 2030—Clean Energy of Tomorrow, we have set a long-term 
goal of achieving a 30% share of women in management. In line with 
our principle of equal opportunity, gender-neutral job advertising is 
implemented, and the principle of balanced gender representation 
is incorporated into the recruitment process. Whenever practically 
applicable, both men and women are represented and balanced 
equally during recruitment on both sides: in the candidates’ pool for 
a position and the evaluation committee in all rounds of the selection 
procedure. We aim to encourage women to start a career in the 
energy industry. Having a balanced gender representation in the 
recruitment process gives a fair chance to all suitable candidates. In 
2023, we will also launch a recruitment campaign to attract women 
to work in the energy sector. 
We offer flexible working hours, company kindergartens, and day 
camps for children. In 2022, a group of employees participated 
in the Working Mum program empowering them in combining 
their professional and parental role. We maintain contact with 
employees on parental leave and offer them support when they 
return to work. They can keep in touch with the company through 
special website access and company magazine. They can also 
take advantage of workshops and courses while on parental leave 
and after return to work. To ease their adaptation, parents have 
the option of self-study online courses starting 6 months prior to 
their return to the workplace. All employees on parental leave will 
be able to retain full access to the internal website.
In addition to existing activities, CEZ Group launched new 
programs for women to develop their managerial skills. Women 
in Focus is a development program for women in management 
positions and focuses on their personal and professional growth. 
The program is based on workshops with inspiring mentors 
and role models and enables women to share their experience. 
Women Hub is a program for women from CEZ Group who have 
the skills, ambition, and energy to lead people and are currently 
working as specialists or experts. In the autumn, the Women 
Network initiative was launched. The aim of the initiative is to 
gradually connect female managers at all management levels 
in CEZ Group. It is an opportunity for networking, inspiration, 
support and mutual sharing. All development activities for 
women, which aim to support and promote opportunities 
for professional growth, are under the purview of Michaela 
Chaloupková, a member of the Board of Directors and Director of 
the Administration Division.
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5.3.2. Gender Pay Gap
GRI 405-2 
In CEZ Group, we understand that fair wage and competitive 
compensation is essential for attracting and retaining talented 
people. Our key objective is to recognize and encourage high 
performance, professional development, and behavior that 
match our strategy and values. We determine remuneration 
respecting non-discrimination, objective and gender-neutral 
criteria. We respect and strive to comply with the principle of 
equal pay and equal working conditions for equal or equivalent 
work.
The principles of equal pay form an integral part of the Diversity 
and Inclusion Policy, and they were incorporated into collective 
agreements and internal documentation concerning reward 
practice. In 2022, a new rule was introduced, ensuring that 
the salary of employees returning form parental leave is in 
accordance with the principles of equal pay. 
A gender pay gap analysis was repeatedly conducted to identify 
and eliminate any inequalities. The last analysis was concluded 
in December 2022, and the results will serve as a basis for 
monitoring of progress and effectiveness of actions taken after 
the previous analysis. The results of the analysis address any 
currently existing pay gap and serve as inputs for development 
plans and budget preparation in the affected departments. 
Contractual salary adjustments will be supported by training 
and diversity guidance to empower managers to provide fair 
distribution of salary increase and eliminate inequalities. 
The company received certification by the Ministry of Labor and 
Social Affairs for its participation in the project 22% to Equality. 
In the project, an analysis of fair remuneration was conducted by 
LOGIB – an international analytical tool for equal pay of men and 
women.
Diversity of Governing Bodies by Gender
Diversity of Managerial Positions by Gender
Diversity of Governing Bodies by Age 
Diversity of Managerial Positions by Age 
%
  Women
15
  Men
85
%
  Women
12
  Men
88
%
  18–29 years
0
  30–49 years
49.7
  50 years and more 
50.3
%
  18–29 years
3.3
  30–49 years
53.1
  50 years and more 
43.6
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5.4. Business Conduct
SDG 8, SDG 16
5.4.1. Code of Conduct and Ethics in CEZ Group
GRI 2-23, 2-24, 2-27, 3-3, 205-1, 205-2, 409-1
We are aware of our role in society and the responsibility this 
role inevitably entails. Our management emphasizes ethical 
principles in all employee and supply chain conduct. Through 
sound business ethics and relations, we build trust with both 
shareholders and stakeholders.
5.4.1.1. Company Values
CEZ Group’s values are the basis of the corporate culture on 
which we have grown over the years. The values represent 
shared beliefs and desired conduct expected of all our 
employees. Embedded in key governing policies, these values 
are naturally integrated into the company. As a result, the 
values positively influence the internal atmosphere, external 
perception, customer satisfaction, and business results of 
CEZ Group.
The following principles represent our corporate values:
	
	 		 	
Safety
	
	 		 	
Performance
	
	 		 	
Innovation
	
	 		 	
Expertise
	
	 		 	
Collaboration
We encourage employees to put the principles at the forefront 
of their daily working lives. In doing so, employees create 
synergies inherent to CEZ Group and help implement our 
strategy and vision. Accordingly, we set the right values and 
principles to develop an appropriate work environment and 
build a strong team.
5.4.1.2. CEZ Group Code of Conduct
CEZ Group management promotes ethical values in all 
business activities and conduct. Management clearly states 
its objective in two primary documents: the Code of Conduct 
Policy (Code of Conduct) and the Compliance Management 
System Policy.
The Code of Conduct sets forth ethical rules for employees 
and members of CEZ Group’s statutory bodies. The 
Compliance Management System Policy sets out the 
responsibilities, conditions, and tools for ensuring compliance 
with legal obligations and ethical standards in CEZ Group. 
Details of practical measures (e.g., training, prevention of 
conflicts of interest, whistleblowing, investigations) are part 
of the subsequent internal guidelines.
The Board of Directors of ČEZ, a. s., accepts full responsibility 
for compliance with the adopted ethical standards. This 
responsibility includes, among other things, the creation 
of appropriate conditions, adequate resources, effective 
governance structures, and control mechanisms.
First published in 2015, the Code of Conduct exists in two 
publicly available versions. The basic version, the Decalogue, 
summarizes the most important principles regarding 
stakeholder relations. The unabridged version, the Alphabet, 
supplements the Decalogue with rules for observing the Code 
of Conduct. Both documents undergo regular reviews to 
reflect legislative demands and best practices.
The Code of Conduct is binding for all employees. New 
employees must review the Code upon hiring. Since 2022, 
subsequent training takes place annually (previously once 
every two years), with a target of at least 95% of staff 
participating. In 2022, 97.4% of employees of CEZ Group 
companies, whose training is provided by the Human 
Resources Development Department of ČEZ, a. s., received 
training on the Code of Conduct.
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5.4.1.3. Compliance Management System
Approved in 2019, the Compliance Management System 
(CMS) Policy covers the topics of corporate ethics, bribery 
and corruption prevention, criminal risks, competition rules, 
etc. Given its broad scope, the CMS Policy creates a unified 
and effective tool for managing risks of non-compliance and 
rules of conduct. One of the fundamental pillars of our CMS 
is the regular and continuous risk assessment of compliance-
related risks, both across CEZ Group’s business functions 
and the main businesses. The current CMS built on the CMS 
Policy is designed in accordance with legislative requirements 
and meets the best practices embedded in the following 
international compliance standards:
	 ISO 37001:2016 – Anti-Corruption Management System
	 ISO 37301:2021 – Compliance Management Systems
To assist in the practical management of CMS objectives, the 
Board of Directors established an advisory body, the Corporate 
Compliance Committee. Having a delegated authority over 
corporate compliance, the Committee evaluates current and 
potential compliance risks and assesses their impacts and 
management. In addition, the Committee regularly reports 
to the Board of Directors on its activities, main events, 
performance, and the results of CMS, which the Board 
approves.
Our CMS undergoes a regular independent external evaluation. 
The latest Deloitte’s findings concluded that the CMS 
was at the level of ISO standard 37301:2021 – Compliance 
management systems – Requirements with guidance for use. 
Moreover, the audit company reaffirmed that CMS included 
vital compliance elements – prevention, detection, and 
response.
5.4.1.4. Suppliers and Business Partners
Our ethical rules include cooperation with suppliers and 
business partners. The rules translate specific requirements 
into the Commitment to Ethical Conduct (Supplier Code of 
Conduct), which forms a part of contracts with suppliers and 
is publicly available on the company’s website. We monitor 
compliance with the rules set out in the Commitment to Ethical 
Conduct through compliance checks. Naturally, a breach of the 
rules may lead to the termination of the business relationship.
To reduce the risk of corruption, conflicts of interest and/
or non-compliance with international sanction laws and 
regulations, regular due diligence of business partners plays 
a key role in the third-party verification system (compliance 
checks). Due diligence is a mandatory part of procurement, 
acquisitions, and also divestment processes for potentially 
high-risk business cases. More than 1,000 cases were subject to 
compliance checks in 2022.
In addition to ethical rules, we take account of the 
supplier’s overall responsible approach and sustainability 
activities. The aim is to support the suppliers in strengthening 
responsible behavior towards the environment and governance.
5.4.1.5. Anti-bribery and Anti-corruption
GRI 3-3, 205-3
Since 2021, our anti-bribery management system (ABMS) has 
been certified according to ISO 37001:2016 in the Procurement 
and Compliance departments. We were the first company 
listed on the Prague Stock Exchange and the first energy 
company in Central Europe to meet the international standard.
In 2022, we successfully completed the first surveillance audit 
as part of the certification. It was reconfirmed that ČEZ, a. s., 
has set up and maintains a comprehensive and effective ABMS 
in accordance with the requirements of the standard.
The ISO certification is another step in our efforts to 
contribute to an ethical and transparent environment. 
Certification crowns the long-term development of a robust 
compliance management system based on zero tolerance 
for corruption. Furthermore, the internationally recognized 
certificate provides all stakeholders with a guarantee that we 
continuously take systemic measures to uphold ethical and 
lawful conduct. For example, we use the four-eyes principle, 
segregation of duties, limits on the value of gifts, third-party 
due diligence, a ban on facilitating payments, and rules for 
negotiating brokerage contracts. 
No confirmed case of bribery or corruption was registered in 
CEZ Group in 2022.
5.4.1.6. Political Engagement
GRI 3-3, 415-1
CEZ Group upholds the highest standards of transparency 
and fully abides by its Code of Conduct. We maintain a strictly 
apolitical position: we do not engage in public politics, do 
not exert any political influence, do not provide any political 
contributions, and do not support any political parties, 
political events, and initiatives with political agenda. We do 
not provide any gifts, donations, or financial contributions to 
political parties, political movements, or political organizations, 
foundations, associations, or other political legal entities or 
political individuals. We do not grant any donations to trade 
unions or organizations promoting union interests. 
We do not support or give donations to the authorities, local 
administrations, and religious groups. We do not provide any 
financial contributions to organizations or persons in situations 
that might lead to a conflict of interest or an unfair gain or 
advantage.
CEZ Group promotes its interests in the European Union 
through the Public Affairs Office in Brussels, which has 
three employees. We are registered in the EU Transparency 
Register as ČEZ 429600710582-32. We abide by the rules of 
lobbying – a standard means of advocacy in a democratic legal 
environment.  
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We have zero tolerance for corruption and fraud. Our anti-
bribery policy and anti-corruption management system is 
certified by ISO 37001:2016. We are the first company listed on 
the Prague Stock Exchange and the first energy company in 
Central Europe to meet this international standard.
We consider regulatory, legislative, and public administration 
bodies as our stakeholders. Our cooperation with authorities is 
based on correctness, transparency, and mutual respect.
Any civic or political engagement of our employees must not 
harm CEZ Group’s reputation. Our employees must refrain 
from any conflicts of interest or activities that conflict with 
their work and activities performed for CEZ Group.
We require our suppliers to abide by the legally binding 
Commitment to Ethical Standards, which prohibits bribery and 
corruption and demands the highest possible level of propriety 
and transparency when dealing with public authorities or 
politically exposed persons.
Information about beneficial owners and control structure 
can be found in CEZ Group 2022 Annual Financial Report on 
page 66.
5.4.1.7. Discrimination and Human Rights
GRI 3-3, 406-1, 408-1, 409-1
Direct or indirect discrimination and harassment have no place 
in our company culture. The non-discrimination principles 
are set out in the Code of Conduct and the Ethical Conduct 
Policy. Practical anti-discrimination measures, procedures, 
and guidelines are in place to ensure compliance with 
these principles. The principles aim to create a culture of 
cooperation based on diversity, mutual respect, and protection 
of vulnerable groups.
In 2022, the investigation of one case of suspected 
discriminatory behavior in our Polish subsidiary was completed 
with a negative outcome.
We strongly advocate diversity, equal opportunities, and 
a respectful working environment. We create desirable 
conditions for employees to develop their full potential and 
career growth. When it comes to new hires, education, 
expertise, qualifications, and skills are the deciding factors for 
hiring a candidate.
We have absolute respect for human rights and clearly 
declare our stance in the Code of Conduct. We operate only 
in countries with a strong human rights legal framework. Each 
country in which we operate is a signatory of International 
Labor Organization conventions, and the respect for human 
rights is a norm in CEZ Group.  We reject forced or compulsory 
labor and prohibit child labor in both own operations and 
suppliers. As a UN Global Compact participant, we duly 
subscribe to its principles related to human rights, labor, 
environment, and anti-corruption.
In 2022, we registered one supplier from China with 
a significant risk for incidents of forced or compulsory labor. 
An on-site inspection is planned in 2023.
As an employer, we strive to maintain social peace. We 
recognize the importance of the right to freedom of 
association and collective bargaining, occupational health and 
safety, and fair and satisfactory working conditions. Therefore, 
we monitor employee satisfaction and meet their needs. At the 
same time, we only work with suppliers who also subscribe to 
these principles.
5.4.1.8. Training and Communication
GRI 205-2
Training and communication are two key elements of our CMS, 
designed to ensure that all our employees are aware of and 
comply with the principles and rules set out by our internal 
policies. Training on ethics and anti-bribery rules is mandatory 
for all employees during on-boarding and at least once a year. 
The 45-minute training session on preventing corruption and 
conflicts of interest reflects the complexity of this topic. In 
addition, individuals in relevant positions are regularly trained 
in policies and procedures to address other topics, e.g., 
anti-money laundering and regulatory compliance.
Reinforcing the right values among employees is important 
to protect the company’s reputation. To maintain the highest 
level of integrity, business ethics and anti-corruption training 
takes place annually starting in 2022. Our target is to have 
a minimum of 95% of employees complete the course each 
year.
Internal policies, including the Anti-Corruption and CMS Policy, 
as well as the CEZ Group Code of Conduct, are available on 
our corporate website and on the employee portal.
In addition, the Audit and Compliance Department 
communicates compliance-related issues in the company 
magazine and on the intranet, based on an annual 
communication plan. The Audit and Compliance Department 
uses these communication channels to promote awareness, 
prevent unethical conduct, introduce key compliance topics, 
and explain their importance to the entire CEZ Group.
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5.4.1.9. Whistleblowing Hotline
GRI 2-25, 2-26
The Whistleblowing Hotline is one of many detection 
mechanisms we have put in place to reduce the risk of 
unethical or illegal conduct.
The Whistleblowing Hotline is an effective communication 
channel available to employees and third parties to report 
violations of the Code of Conduct or concerns about suspected 
misconduct. The Hotline is designed, in line with the requirements 
of the EU Whistleblowing Directive, to ensure the anonymity of 
all whistleblowers (i.e., employees, customers, business partners, 
or third parties/public) and to protect them from sanctions, 
discrimination, and other retaliation. The Whistleblowing Hotline 
is available 24/7 through various channels, which are described 
in our Code of Conduct: queries can be submitted through 
CEZ Group corporate website, on the intranet, by email 
(compliance@cez.cz), or by phone (+420 211 042 561).
Upon receipt of a report through the Hotline, the Audit 
and Compliance Department carries out an objective and 
independent investigation. Based on the relevant findings, we 
take corrective action. The Audit and Compliance Department 
reviews dozens of notifications each year.
Employees learn about the Hotline during mandatory training 
(initial and regular), in articles on the intranet, and in the 
company newsletter.
5.4.1.10. Anti-competitive Behavior
GRI 206-1
Competition creates a healthy economic environment and 
promotes sustainable growth. Being the largest energy 
group in Czechia, compliance with the rules of competition 
protection (pursuant to the Act on the Protection of 
Competition No. 143/2001 Coll. and Articles 101-109 of the 
Treaty on the Functioning of the European Union) is central to 
our business conduct. Therefore, preventing violations of these 
rules is a priority on the CMS agenda.
In practice, all employees must behave properly in business 
relations and safeguard the company’s reputation as a fair 
market player. Employees must not only avoid anti-competitive 
behavior but also prevent it. This also refers to compliance 
with the unbundling rules. To act appropriately, employees 
learn about this topic and requirements in ethics training and 
through internal communication channels. 
The Competition Compliance Unit of the Legal Services 
Department of ČEZ, a. s., provides regular training for 
responsible employees focusing on specific risks of 
anti-competitive behavior of CEZ Group companies and 
consultancy on a continuously growing number of relevant 
business plans in terms of compliance with competition 
law. The Unit has also prepared a competition compliance 
e-learning module for a broad group of employees involved 
in relevant transactions that will be implemented in 2023.
In 2022, no illicit anti-competitive behavior or other violation 
of the rules of competition protection occurred on the part of 
CEZ Group. One competition law litigation is currently pending 
between a CEZ Group company (Severočeské doly) and the 
Office for the Protection of Competition.
CEZ Group contracts are subject to mandatory legal review 
aimed, among other things, at compliance with the rules of 
competition protection (e.g., prohibition of bid rigging). Any 
findings lead to adequate measures.
5.4.1.11. Audits and Precautionary Approach
GRI 2-23, 3-3
Regular and systematic internal audits and compliance checks 
are performed to verify compliance with all the above-
specified rules. They assure the governing bodies that the 
management and control systems are operational and that 
significant risks are covered.
Internal audits are performed by the Internal Audit Department 
of ČEZ, a. s., whose independence and efficiency come under 
the scrutiny of the Audit Committee of ČEZ, a. s. 
The Internal Audit Department of ČEZ, a. s., regularly 
undergoes a comprehensive external quality assessment 
to evaluate compliance with international internal auditing 
standards and the Code of Ethics for internal auditors issued 
by the Institute of Internal Auditors. The assessment repeatedly 
confirms full compliance of our internal audit activities with the 
standards and the Code of Ethics and the high efficiency of 
the Internal Audit Department of ČEZ, a. s. 
The Internal Audit Department of ČEZ, a. s., systematically 
checks all key processes, segments, and risks of CEZ Group. 
The Board of Directors and the Audit Committee regularly 
receive a summary of the audit results and corrective actions 
taken.
In 2022, 34 audit investigations were performed: 12 in 
ČEZ, a. s., and 22 in its subsidiaries (including 4 audits 
of foreign holdings).
In addition to internal audits, we apply a precautionary 
approach. We do not pursue activities with uncertain or 
potentially hazardous effects. We take a precautionary 
approach at four levels:
	 verification of selected information provided by a new 
employee/applicant (pre-employment screening)
	 business entity screening before a potential acquisition of 
a company (due diligence)
	 vetting suppliers before entering a contractual relationship
	 compliance audit of selected suppliers during the business 
relationship
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5.4.2. Sustainable Supply Chain
Sustainability can no longer be just a private matter for 
individual companies. More than ever, sustainability must 
become a focal point for the whole value chain. Taking care 
of inputs needs to receive the same attention as taking 
care of impacts of internal processes and outputs. Having 
responsibility for a critical infrastructure, we focus intensely 
on maintaining a highly reliable and sustainable supply chain. 
CEZ Group has focused on evolving its policies and processes 
to ensure responsible procurement and purchasing, with 
particular attention to higher-risk aspects of the supply 
chain. We see the supply chain as a very important topic and, 
through our group-wide supply chain initiative, we strive to 
have the same quality of ESG data and information for the 
supply chain as for our own operations in the future.
5.4.2.1. Procurement and Selection Criteria
GRI 2-6, 3-3, 308-1, 414-1
Every year, we hold thousands of tenders for investment and 
maintenance projects, technical engineering works, supply 
materials and spare parts. From the procurement perspective, 
we categorize suppliers into four main groups: fuel, capital 
expenditure, services, and materials.
Our procurement and tendering processes are mainly 
centralized. The Purchasing Department takes care of the 
processes and provides related services in full for 23 
CEZ Group companies.
Depending on their nature, tenders are either public (subject 
to Public Procurement Act No. 134/2016 Coll.) or non-public 
(subject to internal policies). Tenders follow applicable law 
and internal directives. Implementing tenders transparently 
while ensuring impartiality, efficiency, and optimal contract 
conditions is the main goal of purchasing departments.
By law, we inform about public tenders in the Public 
Procurement Bulletin and the National Electronic Tool (NEN), 
which are online tools enabling an unrestricted access 
of participants to information about tenders. Once the 
procurement process ends, we publish the result of the public 
tender there. As regards non-public tenders, we directly invite 
suppliers based on pre-defined rules. Afterwards, the whole 
process runs through an online CEZ Group supplier portal.
As part of the tender, we review many parameters (e.g., 
financial stability, ISO credentials, participant’s business in 
high-risk countries, and the effects of international sanctions) 
including reputational risks, risks related to law violations, 
and others. We enter into relationships only with suppliers 
willing to honor obligations specified in the Commitment to 
Ethical Conduct. Depending on the nature and purpose of 
the procurement, we consider the principles of social and 
environmental responsibility and benefits of innovation when 
setting conditions, evaluating tenders, and selecting suppliers.
We take a responsible approach to the procurement process 
and impose various social requirements on suppliers. The most 
common aspects are:
	 employment opportunities (e.g., education support, gaining 
experience and upskilling)
	 human and labor rights (e.g., prohibition of forced, child and 
illegal labor)
	 social inclusion (e.g., support for social enterprises, 
employment of vulnerable groups)
	 decent working conditions (e.g., equal pay, work-life balance, 
health and safety conditions at work, valid employment 
contracts)
	 local sourcing (e.g., support for SMEs, meeting financial 
commitments on time)
	 ethical purchasing (e.g., Fair Trade products, evaluation of 
offers not only according to the lowest price, fair relations in 
the supply chain)
For certain social aspects (e.g., illegal work), the supplier 
is contractually obliged to exercise due diligence and 
take all measures to prevent such cases, including with its 
subcontractors.
Some of our procurements are awarded under the reserved 
procurement regime. In these cases, only contractors 
employing at least 50% of their workforce with disabilities in 
sheltered workplaces may submit bids.
At the same time, we take a responsible approach to public 
tenders in terms of environmental protection, sustainable 
development, the life cycle of supplies, and the impacts on 
biodiversity. Good examples are the use of recycled packaging, 
green cleaning requirements, reduced energy consumption, 
and other environmentally friendly solutions. For relevant 
public tenders, we require bidders to provide a certificate of 
compliance with environmental criteria.
In the case of selected public tenders, the requirements 
of responsible procurement are directly reflected in the 
evaluation of the tenderers' bids. In any case, the supplier 
requirements are always included in the framework 
agreements or business contracts. The agreed terms 
and conditions entitle us to monitor compliance with the 
requirements and to terminate the framework agreement or 
contract if we find that the supplier has not complied with 
them.
The same applies to difficult and complex tenders for nuclear 
power plants. In these cases, the selection criteria are subject 
to specific technical, legal, security, and environmental 
requirements (e.g., uranium mining and processing).
If third parties feel that a tender lacks transparency and equal 
treatment, they can submit a complaint either to the tender 
organizer, via the Whistleblowing Hotline, or Office for the 
Protection of Competition as an independent authority in case 
of public tenders.
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Due to the importance of purchase-related activities for 
CEZ Group’s operations, the Internal Audit Department of 
ČEZ, a. s., focuses on them in its regular audits. The audits 
examine both the functionality of the purchasing processes 
and efficiency of the control mechanisms, emphasizing, 
among other things, anti-corruption measures. These audits 
review purchases for ČEZ, a. s., as well as purchases of the 
CEZ Group companies to which the Purchasing Department 
of ČEZ, a. s., provides its services, and purchases that the 
CEZ Group companies conduct on their own.
Our supply chains consist of both external companies and 
CEZ Group subsidiaries. In accordance with legal regulations, 
we have a long-term preference for local suppliers (mainly 
from Czechia or Europe) and keep supply chains as short as 
possible for several reasons: communication, environmental 
impact, local economic development, and costs.
While in 2021 the main topic in the procurement was 
implementation of the principles for responsible procurement 
in tendering procedures, in 2022 the focus of tendering 
(both public and non-public) was, for obvious reasons, on the 
consistent implementation of international sanctions against 
Russia and Belarus in connection with the Russian aggression 
in Ukraine.
5.4.2.2. Verification Process
GRI 2-6, 308-2, 414-2
Material business cases in CEZ Group require third-party 
compliance checks. These compliance checks identify and 
mitigate the Group’s risks of becoming involved in unwanted 
business relations, reputational damage, financial loss, or 
criminal liability.
In practice, we use three types of internally conducted 
compliance checks, which differ in their scopes. 
A responsibility of the Compliance Department, compliance 
checks are based on the information from publicly available 
sources (e.g., commercial databases, sanction lists, the 
Internet). Compliance checks result in a third-party risk rating 
and, if necessary, proposals for further action. Depending on 
the type of compliance check, the outcome is valid for 6 or 12 
months. More than 900 reviews take place annually.
For potentially high-risk business cases, a third-party due 
diligence is carried out by external experts.
Our suppliers and business partners are required to maintain 
the same level of business ethics and integrity that we ask 
of our own companies and their employees. Our standard 
supplier contracts include a commitment that suppliers 
will abide by the ethical rules and principles set out in the 
Commitment to Ethical Conduct (Supplier Code of Conduct). 
We reserve the right to monitor compliance with the 
Commitment by requesting information using a questionnaire 
and conducting on-site inspections.
We express our expectations to suppliers and identify priorities 
for supplier approach to sustainable development. We reserve 
the right to verify the fulfillment of contract conditions at any 
time, and suppliers must provide necessary cooperation. We 
actively exercise this right and perform audits either remotely 
(i.e., questionnaires, substantiated evidence) or onsite. We 
apply seven auditing principles of ISO 19011 (Guidelines for 
auditing management systems).
We monitor supplier activities in terms of environmental 
protection and social aspects. All our sites with an ISO 14001 
certification (Environmental Management System - EMS) 
maintain registers of supplier environmental factors. When 
conducting EMS inspections, we check these aspects 
primarily. In 2022, we did not identify any suppliers whose 
activities had significant adverse out-of-compliance 
environmental or social impacts.
Supply Chain Impacts (suppliers with significant actual or potential 
adverse impacts)
2020
2021
2022
Environmental
Number of 
suppliers
0
2
0
Nature of 
impacts
N/A
Water 
discharge 
above 
authorized 
limits
N/A
Social
Number of 
suppliers
1
0
0
Nature of 
impacts
Payment 
below the 
minimum 
wage
N/A
N/A
From verification perspective, suppliers of nuclear power 
plants represent a specific category. Suppliers need to factor 
in the requirements of the Atomic Energy Act No. 263/2016 Coll., 
and the decrees of the State Office for Nuclear Safety. 
Suppliers of nuclear safety-relevant items and services 
undergo initial and repeated audits, and we continuously 
monitor the quality of their work.
Suppliers’ human resources management is also subject to 
verification in line with the Atomic Energy Act. As per the 
Act, suppliers must carry out their activities using their own 
qualified and experienced staff. Moreover, only supplier 
personnel with confidential security clearance can enter 
nuclear power plant vital zones. Therefore, suppliers must pay 
attention to staff turnover, which helps us manage quality 
control and safety performance.
We concentrate on key human resources issues during 
suppliers’ audits and during the actual onsite activities by 
suppliers’ workers. We actively communicate our concerns at 
regular meetings with suppliers, clarifying our requirements 
and expectations and agreeing on remediation actions where 
warranted.
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5.4.3. Tax Governance
GRI 3-3, 207-1, 207-2, 207-3, 207-4
We strive to be a responsible and trustworthy corporate 
citizen. Cultivating good community relationships is the 
basis for a long-term sustainable development. Responsible 
and transparent tax governance is a way to honor our 
commitments to society.
The principles that we follow are summarized here:
	 We ensure compliance with tax regulations in every country 
where we operate, paying all taxes due within reasonable 
interpretations of applicable laws. 
	 We understand that the taxes that we pay in each country 
of operation contribute to sustainable public expenditure, 
strengthen our position of a responsible corporate citizen, 
and create social value for all our stakeholders. 
	 Our relationship with tax authorities is based on mutual 
respect, cooperation, and professionalism. We manage tax 
risks in line with the structure and location of our activities 
within the management of CEZ Group’s business risks.
	 We do not use artificial or unclear structures to reduce 
taxes, and we do not conduct transactions solely to erode 
the tax basis.
	 We do not transfer profits to tax havens.
	 We follow best practice within each jurisdiction, considering 
our specific needs and circumstances.
5.4.3.1. Approach to Tax
CEZ Group is a multinational corporation comprised of over 
200 entities operating in many countries, primarily in Central 
Europe. Despite the differences in tax laws of individual 
countries, CEZ Group’s tax principles and management closely 
follow the underlying rules of the Code of Conduct: ethics, 
integrity, responsibility, and transparency.
The Group’s approach to tax management is embedded in 
internal policies and guidelines, which describe a general 
framework and details of responsibilities related to tax agenda.
Domiciled in Czechia, CEZ Group does not apply 
a consolidated corporate income tax because Czech tax laws 
disallow consolidated tax returns. From a tax perspective, 
CEZ Group companies are separate entities and independent 
taxpayers. Hence, the companies pay taxes locally according to 
valid legislation in each country of operation. The overview of 
total income tax paid forms a part of the consolidated Annual 
Financial Report, which is independently audited and is publicly 
available on our website.
The main responsibility for tax governance and strategy lies 
with Chief Financial Officer (CFO), who is also a member of the 
Board of Directors and the Head of the Finance Division. The 
CFO consequently delegates tax daily operational authority 
to the Tax Department. The domain of the Tax Department 
is especially tax administration, tax advisory and opinions, 
preparation of tax returns, and tax assessment of contracts. 
Analyses and reports of the Tax Department to the Board of 
Directors lend support to business investment decisions. The 
Supervisory Board and the Audit Committee check whether 
the Board of Directors exercised its powers in compliance 
with legislation, principles, and good practices. In 2022, the 
tax area was reviewed by the CEZ Group internal audit which 
expressed no reservations in its final statement. The processes 
in the Tax Department are also reviewed annually by the Risk 
Management Department.
The Tax Department’s agenda also includes communication 
with tax authorities. Typically, Czech companies come under 
the Tax Authority according to their place of operation. Due to 
its size, ČEZ, a. s., comes under the Specialized Tax Authority, 
which handles tax matters of large companies.
5.4.3.2. Tax Integrity, Transfer-pricing, and Grievance 
Mechanism
CEZ Group fully meets tax standards and regulations in all 
conduct and countries where it operates. CEZ Group’s tax 
governance and risk management are subject to internal 
processes and aligned with a responsible, credible, and 
sustainable approach. The Group does not adopt any tax 
mechanisms or business structures to alleviate its tax burden 
deliberately, nor does it participate, directly or indirectly, in tax 
avoidance schemes or use of tax havens. Taxation issues are 
not the primary driver of the Group’s business decisions.
Internal transfer pricing guidelines stipulate tasks, 
responsibilities, and procedures for transfer pricing in 
CEZ Group. Applying an arm’s length principle, the Group 
transfer pricing fulfills the market standard, local tax 
legislation, and the concepts of the OECD Guidelines.
To mitigate transfer pricing risks and avoid disputes, 
CEZ Group employs an advance pricing agreement (APA) for 
the companies situated in Czechia. APA represents a formal 
agreement with tax authorities to determine and use transfer 
prices with related parties for a certain period.
The Whistleblowing Hotline serves as a tool for raising 
concerns or suspicions about illicit tax conduct. The Hotline 
offers various means to submit a concern (via Intranet/
Internet, email, or phone) and ensures whistleblowers’ 
anonymity to protect them from retaliation. The Audit and 
Compliance Department investigates all reports independently 
and takes remedial measures.
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5.4.3.3. Tax Payments
In 2022, the CEZ Group’s current corporate income tax 
amounted to CZK 20.2 billion, of which CZK 20.0 billion in 
Czechia and CZK 0.2 billion abroad, of which CZK 12 million 
in Slovakia, CZK 40 million in Germany, CZK 5 million in Italy, 
CZK 52 million in Poland, CZK 18 million in Hungary, CZK 1 million 
in Romania, CZK 28 million in Israel, CZK 28 million in Malta. 
 
ČEZ, a. s., regularly ranks among the largest corporate income 
taxpayers in Czechia. The Czech corporate income tax rate 
enacted for 2022 was 19%. 
 
In the wake of the energy crisis in Europe in 2022, nation 
states took special measures to reduce the impact of high 
commodity prices on end customers. In Czechia, windfall taxes 
were introduced: a levy on surplus revenues from generation 
from December 2022 to the end of 2023 and a levy on 
unexpected profits, which amounts to additional 60% above 
the normal income tax on the portion of profits gained in excess 
of the average profits earned by CEZ Group in 2018-2021. 
For December 2022, CEZ Group paid over CZK 1 billion as 
a levy on surplus revenues from generation.  
 
For 2023, CEZ Group expects to pay CZK 30-40 billion to the 
Czech state due to the windfall taxes and levies. In addition, 
the regular corporate income tax, which is 19%, will amount to 
CZK 26-30 billion in 2023, including balance due on advanced 
tax payments for 2022.
 
In total, CEZ Group expects to pay more than CZK 100 billion 
to the Czech state in dividends, income taxes, and levies on 
revenues from generation. Total government budget revenues 
of Czechia in 2023 are estimated at CZK 1,928 billion, i.e., 
CEZ Group companies will pay more than 5% of all planned 
revenues to the state budget.
 
Every year, CEZ Group companies rank among the best tax 
entities based on the amount of corporate income tax paid, 
as per announcement by the Financial Administration. In 2022, 
ČEZ Distribuce ranked 6th, having paid 1,510 million in corporate 
income tax. ČEZ Prodej ranked 17th, having paid CZK 840 million 
in corporate income tax. 
 
Apart from the corporate income tax, ČEZ, a. s., also declared 
CZK 2.0 billion in health and social insurance (13.5% increase year-
on-year) as a mandatory contribution of the company to health 
and social systems organized by the Czech government. In 
addition, ČEZ, a. s., collected CZK 732.9 million in employment 
taxes (2.5% increase year-on-year). ČEZ, a. s., collects employment 
taxes from employees on behalf of the Czech government.
 
CEZ Group provides a wide range of extra welfare benefits, 
including nontaxable contributions to employee pension 
savings and life insurance. In 2022, ČEZ, a. s., contributed 
CZK 95.1 million to employee pension savings and life insurance 
(0.7% decrease year-on-year).
 
At the end of 2022, no legal tax disputes concerning 
CEZ Group were pending.
5.4.4. Cyber Security and Information Privacy
GRI 3-3, 418-1
Information security is one of the major aspects of our 
operations. We go to great lengths to meet the highest 
security standards and manage the risks involved.
5.4.4.1. Data Protection Officer
In CEZ Group, we pay special attention to processing and 
protecting personal data and respecting the privacy of our 
employees, customers, and business partners. Therefore, 
we duly reflect the provisions of the relevant personal data 
protection legislation in our internal directives, namely:
	 Regulation (EU) 2016/679 of the European Parliament and 
the Council (GDPR)
	 Personal Data Processing Act No. 110/2019 Coll.
We constantly monitor and adjust processes and measures 
to adapt to the current legislative developments and 
interpretative trends, mainly those of the courts, supervisory 
authorities, and the European Data Protection Board. 
Specifically, this means that we consistently ensure that 
the processing of personal data is always lawful, fair, and as 
transparent as possible towards the data subjects concerned. 
We only collect, store, and process personal data for 
a strictly necessary period of time, in limited quantities, in 
accordance with a clearly defined purpose, and on the basis 
of a predefined legal title. The data subjects are always duly 
informed of the processing method, of their rights, and of the 
principles and measures for the protection of personal data 
before and at any time during the processing of personal data.
Given CEZ Group’s strategic goal to digitize 100% of key 
customer processes by 2025, we see compliance with strict 
data protection standards as an imperative.
Pursuant to Article 37 of the GDPR, CEZ Group has appointed 
a Data Protection Officer who provides services to the 
members of the concern of CEZ Group and other selected 
companies. 
The Data Protection Officer (DPO) is an independent 
monitoring and advisory body. The DPO serves as a contact 
point for personal data subjects who are in contact with 
CEZ Group companies. The personal data subjects are mainly 
employees, customers, and business partners. Data subjects 
send requests to the DPO to exercise their rights electronically, 
by mail, or via data mailbox.
In 2022, data subjects submitted 231 requests to exercise 
rights. All requests were processed on time, 16 were rejected 
for lack of merit, and 32 were subsequently found not to be 
an exercise of rights within the scope of the GDPR and were 
forwarded to the relevant administrators for resolution. 
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Other tasks of the DPO and his office are, in particular:
	 to protect the rights and interests of data subjects
	 to monitor compliance of personal data processing with 
the GDPR
	 to cooperate with specialized departments of the concern 
members in dealing with security incidents and personal 
data breaches
The DPO’s duties also include communicating with supervisory 
authorities and raising employee awareness of personal data 
processing, e.g., through training, e-learning, or newsletters.
In 2021, the DPO reported to the supervisory authority 
one case of a completed serial external attack on our call 
centers to gain access to customers’ online accounts. Law 
enforcement agencies have not closed the case yet, and we 
are waiting for the outcome of the investigation.
In performing his activities, the DPO received a total of three 
complaints from the supervisory authority in 2022. Two 
complaints related to the failure to provide call recordings in 
accordance with Article 15 of the GDPR, and one complaint 
related to the incorrect setting of a cookiebot. The DPO 
ensured that corrective actions were implemented for all three 
issues within the specified deadline. In none of these cases 
did the supervisory authority initiate an inspection. In 2022, no 
financial sanctions were incurred by CEZ Group companies in 
connection with possible personal data protection breaches.
Beyond the scope of his duties, the DPO is a member of 
important associations active in the field of law and personal 
data protection. In particular, the Association for Personal Data 
Protection, the Association of Industry and Transport, and the 
Union of Corporate Lawyers, where he exchanges experience 
and information, deepening his professional knowledge and 
creating important partnerships.
5.4.4.2. Cyber Security
SASB IF-EU-550a.1
CEZ Group takes the security of our computer systems very 
seriously. We are a leader in important infrastructure, and it is 
crucial that we protect ourselves from any potential 
dangers. Therefore, in 2017 the Board of Directors approved 
an Information and Cyber Security Policy, setting goals to 
achieve the objective. The policy is publicly available on the 
website of ČEZ, a. s. The Chief Security Officer is responsible 
for compliance with the policy.
The Chief Security Officer became the President of the Czech 
Association of Critical Infrastructure (AKI CR) in 2022. AKI CR, 
established in 2019, is an association of the most important 
owners and operators of critical information infrastructure 
in Czechia, especially in the energy, telecommunications, 
water, petrochemical, and transport sectors. AKI CR helps its 
members cooperate with government agencies on critical 
information infrastructure and during emergencies. The goal 
of cooperation is to ensure that important infrastructure is 
protected from current and future threats.
We manage critical information infrastructure and information 
systems of essential services in line with the Cyber Security Act 
No. 181/2014 Coll. We check compliance with the Act annually 
by an internal audit. We also responsibly secure the computer 
systems used for nuclear safety management pursuant to the 
Atomic Act No. 263/2016 Coll. In 2022, we dealt with two non-
conformities under the Cyber Security Act, both of which 
were administrative issues. We consider a risk management 
approach, enhanced protection of systems, and promotion of 
cyber security culture to be priorities of our cyber security strategy. 
We have not experienced any incidents of non-compliance with 
cyber security standards or regulations.
In 2022, important developments in cyber security included: 
(1) We improved Integrated Security Operations Center. 
(2) International inspectors checked how well we were 
managing information security at our nuclear power plants. 
(3) There was an inspection at one of our nuclear power plants 
of how well we follow the Cyber Security Act. (4) We worked 
on making changes to follow new European laws about cyber 
security more easily.
Security Operations Center (SOC)
The team of the Security Operations Center (SOC) looks 
after CEZ Group physical safety, information security, and 
cyber security. The SOC works hard to detect any potential 
threats or incidents and prevent them. We work closely with 
national security forces like the National Cyber and Information 
Security Agency, Military Intelligence, and the Czech Police. 
Our efforts are paying off – by reducing the risk of threats and 
eliminating attacks, we prevent economic losses. In 2023, we 
plan to expand by establishing a corporate Computer Security 
Incident Response Team (CSIRT), which will help us deal with 
major cyber threats. Our goal is to become listed in the Forum 
of Incident Response and Security Teams to demonstrate our 
commitments to cyber security.
ISO/IEC 27001
In September 2022, our nuclear power plants went through 
an annual check-up called an audit of the information security 
management system. As per the EN ISO/IEC 27001:2017 
standard, the audit assessed the setup of our computer 
systems, compliance with laws and regulations, 
and information security awareness among employees. 
The audit valued highly that nuclear facilities only allow 
contractors to maintain and configure security control systems 
using exclusively the nuclear operator’s computers.
We passed the audit successfully and retained our 
international certification which is valid until October 2024. 
This makes us one of the first nuclear power plants in the world 
to get this certification. You can see our certificate on the 
company website.
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NÚKIB inspection
In September 2022, the Temelín nuclear power plant went 
through a planned inspection by the National Office for Cyber 
and Information Security (NÚKIB) to assess compliance with 
Act No. 181/2014 Coll., related to cyber security. The inspectors 
found that our Information Security Management System 
(ISMS) was working properly, but they found two administrative 
issues to be corrected. They assessed positively the promotion 
of cyber security culture and security awareness programs. 
We take all audit and inspection findings very seriously. Any 
new information from these inspections is incorporated into 
our risk management plan so we can take appropriate actions 
to maintain online safety and security.
NIS2
At the end of 2022, the EU Directive NIS2 on measures to 
ensure a high common level of network and information 
systems security came into force. This directive significantly 
expands the range of obliged entities and the scope of 
cybersecurity obligations for existing regulated companies in 
EU member states. The directive also increases penalties for 
breaches (2% of worldwide turnover or EUR 10 million).
The directive expands the number of obliged entities within 
CEZ Group: about 40 more CEZ Group companies in Czechia 
and many others abroad. To meet these requirements, we are 
launching a program for NIS2 implementation in CEZ Group. 
This program will help all our companies understand how to 
follow the new rules and make sure they are safe from cyber 
threats.
The program will include a deeper review of the CEZ Group’s 
cyber strategy taking into account new cyber regulatory 
requirements and current cyber threats. The results of key 
phases and risks of the program will be regularly presented to 
the Board of Directors. While waiting for the NIS2 transposition 
into the Czech legal system, NÚKIB created a working group 
with representatives of the cyber community. The CEZ Group’s 
Chief Information Security Officer is a member of this working 
group.
ISMS in CEZ Group
CEZ Group wants to make sure that our information and 
technology systems are safe from cyber-attacks. We follow 
laws, international standards, and recommendations to keep 
our products and services reliable for customers and partners. 
Four important aspects apply to all CEZ Group employees and 
service providers: training people who work with technology, 
managing and developing systems, managing risks well, and 
using good security measures. We take information and cyber 
security seriously by following a plan-do-check-act principle. 
Our goal is to balance the cost of protecting assets with their 
worth. To do this, we made an Information and Cyber Security 
Action Plan that addresses all aspects related to information 
security in a comprehensive way throughout our organization. 
By following this plan, we can keep our business secure 
while reducing risks from potential threats or breaches. The 
plan indicates yearly targets based on five considerations: 
current level of safety of ICT (Information and Communication 
Technologies)/ICS (Industrial Control System); business 
requirements; regulation compliance; audit assessment 
regarding regulation compliance; industry best-practices used 
by peers.
Vulnerability management and security testing
We regularly test all our assets to make sure there are no weak 
spots in the system. If we find any issues, we remove them by 
patching or modifying the application source code. Before 
making changes to our live systems, we always test them in 
a separate environment first. Our application development 
follows strict rules based on Secure Software Development Life 
Cycle principles.
Every year, we prepare a report summarizing the security of 
our company and any risks identified by audits or other checks. 
The report includes details about compliance with industry 
standards and is submitted to the CEZ Group Protection 
Committee for further discussion. 
The report contains four types of information: (1) status of 
implementation of security requirements according to the 
Information and Cyber Security Action Plan in CEZ Group; 
(2) main changes made in the past year; (3) current 
performance of measured indicators; and (4) evaluation 
and recommendations for further development of information 
and cyber security.
The Information and Cybersecurity User’s Manual is an essential 
document for all CEZ Group employees. It contains principles 
of information and computer systems safety, outlines rules for 
users and their application in daily work. The manual explains 
complicated cybersecurity issues and translates them into 
real-life situations. 
CEZ Group has set up the CEZ Group Protection Committee 
that advises the CEO of ČEZ, a. s. This committee discusses 
the following topics in particular: (1) how to protect CEZ Group;
(2) what threats there are and how to deal with them; (3) which 
security measures are most important and when they should 
be done; (4) which big projects need special attention; 
(5) important documents (plans, reports, etc.); (6) why it is 
important to follow security rules; and (7) whether everything 
works well based on regular checks.
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The committee has three main objectives: (1) carrying out tasks related to information and cyber security; (2) sharing knowledge 
about current updates in information and cyber security in CEZ Group; and (3) determining how best to conduct information and 
cyber security practices within CEZ Group.
The committee chooses experts to form groups focused on specific protection-related topics. An expert working group on cyber 
security was established to address issues related to cyber security. The group’s main goals are: (1) identifying and assessing risks 
associated with information; (2) managing current levels of information and cyber security measures within CEZ Group; and 
(3) making recommendations for improving information and cyber security in accordance with recognized standards (such as the 
Cyber Security Act or ISO 27002). 
The Chief Security Officer keeps the CEO informed about information and cyber security in CEZ Group. The Chief Security Officer 
prepares a report with current information once a year or during emergencies. The Chief Security Officer also creates plans for 
maintenance of safety from cyber-attacks. The Director of Audit and Compliance is responsible for an independent assessment 
of information and cyber security in ČEZ, a. s., and other companies in CEZ Group, and reporting to the Board of Directors. 
Security awareness/phishing
In 2022, we had 2,637 incidents related to information or cyber security – a significant increase (38%) compared to the previous 
year caused by the application of new Data Loss Prevention rules. We also ensure that cyber is an integral part of our investment 
projects. 
It is essential for our employees to understand safe internet use, and training sessions are provided every two years. Our goal is to 
train employees to spot suspicious and malicious emails and use phones and websites without any risk. To test their attention, we 
sometimes send fake phishing emails. In 2022, about 16,000 employees received these emails with an average 4% click-through 
rate. There was less than 1% of high-risk users after the tests were completed. The Cyber Security Department continues to 
send out fake phishing emails and also provides special training sessions for certain groups of employees such as purchasing 
specialists, security managers, and top managers in CEZ Group companies. The Security Awareness Development Plan defines 
the content and target groups of online safety training  required by information and cyber security regulations.
The Security Awareness Development Plan
Level
Content
Target group
1
Basics of information and cyber security
All CEZ Group employees
2
Advanced basics of information and cyber security
CEZ Group employees using technological management information systems
CEZ Group employees providing service to critical information infrastructure 
elements
3
Expert cyber security training
Administrators of technological management information systems
Employees in the role of responsible professional engineers or responsible 
project engineers
Persons in roles of security officers, including members of cyber security 
management committees
4
Expert cyber security training
Training
Information and cybersecurity department staff
Internal trainers
5
Security - information and cyber security
Contractor employees performing activities at nuclear power plants in 
the role of work leaders
Contractors performing activities at nuclear power plants
6
Online testing and training - phishing
All CEZ Group employees
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Some of our employees are experts who belong to 
Information Systems Audit and Control Association (ISACA) 
or ISACA Czech Republic Chapter (CRC). This group is a part 
of an international organization that helps professionals with 
managing, auditing, controlling, and securing information 
systems. The local chapter has over 300 members from 
different parts of business and government administration.
Security of supplier relationships
We ensure that CEZ Group’s requirements for information 
and cyber security are met when we outsource deliveries. 
We take security very seriously and make sure all third-party 
suppliers follow our strict security rules. In case of a breach, 
we handle the situation accordingly in all seriousness. 
Fostering good relationships with our suppliers helps to 
maintain security in all processes. In our business, we follow 
legal requirements of Act No. 181/2014 Coll., Section 3 (c), (d), 
(f) & (g) and Cybersecurity Ordinance Section 8 - Supplier 
Management obligations on third party/supplier cybersecurity 
management.
We follow several important documents when selecting 
suppliers. These documents include contracts for ensuring 
information and cyber security, instructions for suppliers, 
and a questionnaire to assess risks involved in working with 
a supplier. The questionnaire is applicable for contracts 
related to Act No. 181/2014 Coll., on cyber security. A cyber 
security contract must include four criteria: First, we need to 
know what security requirements are necessary for standard 
systems and technologies. Second, we list the requirements 
for maintenance contracts from both suppliers and service 
providers. Third, we need to know what kind of security 
requirements consultants or advisors should meet. Finally, 
if deliveries fall under Act No. 181/2014 Coll., then there are 
specific security requirements that must be met.
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Asset lifecycle management is a key element in ensuring safe 
and reliable operations at our production and distribution 
sites. In practice, this means that we are consistent in all 
activities related to the asset lifecycle, i.e., from the acquisition 
of assets through their operation to their decommissioning 
and disposal. This is based on techno-economic studies, risk 
analyses, asset maintenance, cost optimization, and supply 
chain capacity. The purpose of asset management at CEZ 
Group is not only the sustainable and efficient use of operating 
resources, but also their renewal and the development of 
long-term value.
5.5.1. Renewable and Conventional Energy
The basic pillar for asset lifecycle management in the Renewable 
and Traditional Energy Division is CEZ Group’s strategy, VISION 
2030—Clean Energy of Tomorrow, which aims to:
	 reduce coal-fired power generation: we will reduce the 
share of coal-fired electricity generation to 25% by 2025 
and 12.5% by 2030, while phasing out heat production from 
coal by 2023
	 increase production from clean sources: we will build 6 GW 
of renewables by 2030
According to this strategy, further objectives and plans are 
developed into site concepts (strategic site assignments). 
The individual site concepts are based on the main risks and 
opportunities of the sites, the condition of key equipment, 
consideration of the availability of main inputs (fuel, water, 
etc.), personnel resources, legislation, and CEZ Group 
commitments and technical know-how. The site concepts 
divide specific sub-tasks and KPIs (key performance indicators) 
into annual and medium-term planning periods (5 years), 
including resource allocation, setting technical and economic 
indicators, priority setting, and assigning responsibility for 
task performance. We use the Design-To-Value methodology 
for the preparation of major projects. In general, the process 
fulfilling the PDCA (Plan-Do-Check-Act) cycle can be 
summarized as follows:
5.5. Asset Management
GRI 3-3
Fig. 5: PDCA Cycle – Asset Management – Renewable and Conventional 
Energy
Strategic
assignment
Resource
allocation
Risk analysis
Risk & opportunity
matrix
Performance
assessment
Group strategy
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An advisory body, the Resource Portfolio Management 
Commission, assists with the implementation of the site 
concepts. In particular, the Commission discusses:
	 implementation of the long-term site concepts and the 
related medium-term plans
	 annual site plans and evaluation of their ongoing execution
	 the status of projects in the medium term, evaluation of 
deviations and proposals for corrective measures
	 the main risks and opportunities associated with asset 
management arising from external and internal incentives
	 the length and nature of planned outages and relevant 
recommendations
CEZ Group’s asset and risk management system for Renewable 
and Traditional Energy is conceptually based on ISO 55000 and 
ISO 31000 standards.
From a risk management perspective, unified principles are 
set for all areas of the asset lifecycle. We have a continuous 
process of early identification of risks in place, their recording, 
expert determination of the size of risks including proposals for 
their mitigation (reduction, acceptance, monitoring, etc.).
The identification of risks focuses especially on:
	 compliance with the Safety and Environmental Policy
	 acceptability of operational risks to the public and the 
environment
	 reliable and efficient generation of power and heat
	 the development of renewable energy sources
	 meeting CEZ Group’s ESG objectives, including taxonomy
	 business continuity management risks
All risks and opportunities are recorded in the Risk and 
Opportunity Register, which is used in the development of site 
concepts and subsequent annual and medium-term plans. If 
necessary, the risk overview is the basis for escalation to the 
management of ČEZ, a. s. Risk management is also reflected 
in the scope of routine maintenance and categorization 
of equipment, evaluation of specific activities, approach 
to spare parts management, and application of technical 
standards. Similarly, the identification of opportunities and their 
subsequent development is approached.
The asset and risk management system must consider a series 
of factors in terms of meeting the VISION 2030—Clean Energy 
of Tomorrow objectives and preparing site concepts. In the 
context of reducing coal-fired power generation, it is primarily 
a matter of appropriate timing, both in terms of achieving 
climate targets and ensuring security of energy supply in 
Czechia. This goes hand in hand with the replacement of coal-
fired sources with emission-free ones (primarily photovoltaic), 
the conversion of plant sites to new activities and the 
development of new systems and technologies (e.g., battery 
systems, hydrogen technologies or heat storage). 
The process of coal extraction is also tightly linked to the site 
concepts. Severočeské doly, part of CEZ Group, plans mining 
and subsequent reclamation within the operating horizon of its 
coal assets.
In the heating sector, we are preparing for the transition to 
low-emission heating from an asset and risk management 
perspective. In practice, this will mainly mean highly efficient 
combined heat and power units using biomass, municipal 
waste and natural gas.
A practical example of asset management and the 
transformation to emission-free generation is the Prunéřov I 
power plant, which was shut down in 2020 after 53 years of 
operation. In 2022, we started the demolition of the completely 
decommissioned power plant which will be completed in 2023. 
The result will be a cleaned-up area for further commercial use. 
In general, when decommissioning, we prefer the maximum 
possible use of dismantled components, both within and 
outside CEZ Group, and recycling of recoverable raw materials.
We are also involved in Europe-wide activities related to 
the transition to low-emission and zero-emission energy 
production. We are members of the vgbe organization 
(formerly VGB), which is a global technical association for 
power and heat generation companies, and we participate 
in the project Re-purposing Coal Power Plants during Energy 
Transition. The project mapped more than 70% of the total 
installed capacity of coal-fired power plants in Europe, 
assessed the state of their infrastructure and identified 
sustainable technologies suitable for the transformation of 
coal sites. The result was a proposal of solution concepts, 
according to which future pilot projects can be prepared. Our 
coal-fired operations have all the prerequisites to successfully 
undergo the transformation to low-emission and emission-free 
energy industry, both in the area of power generation and heat 
supply.
In terms of continuous professional development in the field 
of energy asset management and risk assessment, we have 
a system in place to obtain the necessary and up-to-date 
information. These include membership in various technical 
working groups (vgbe, EPRI – Electric Power Research 
Institute, and IERE – International Electric Research Exchange), 
participation in conferences and educational events, 
cooperation between the professional departments of 
CEZ Group, and other.
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5.5.2. Nuclear Energy
The CEZ Group’s strategy, VISION 2030—Clean Energy of Tomorrow, is fundamentally reflected in the life cycle management of 
our nuclear assets. In the strategy, we commit to:
	 safely increasing generation from existing nuclear sources to over 32 TWh and achieving a 60-year lifetime for nuclear units
	 building a new nuclear unit at Dukovany
	 preparing for the construction of small modular reactors (SMRs) with a total capacity of over 1,000 MW after 2040, with the aim 
of implementing the first modular reactor by 2032
The guiding principle is to manage assets and risks with safety and reliability in mind and to ensure that everything is done in 
accordance with the internal Nuclear Power Plant Safety Policy.
CEZ Group’s strategic visions for nuclear power are further reflected in long-term site concepts and medium-term site plans. 
With the help of site concepts, we determine the way nuclear power plants are operated, set expectations over the horizon 
(and beyond) of expected operation and during asset decommissioning, and look at the potential for further site development. 
The main input for the development of the concepts is the risk and opportunity register of the site, the condition of important 
facilities, the restrictive conditions (water, discharges, etc.), and the applicable legislative framework.
Key areas of asset lifecycle management in our nuclear operations include:
	 setting rules for the care of nuclear power plant equipment to ensure a high level of reliability
	 planning for the long-term economically sustainable use of nuclear power plants
	 securing the finances necessary for the long-term economically sustainable, safe, and reliable operation of nuclear power 
plants
	 monitoring the situation, searching for causes, performing analyses, and continuous improvement
The entire asset management process is summarized in the following diagram of the annual PDCA cycle (Plan-Do-Check-Act): 
  Medium-term plan 
for nuclear unit
  Business plan
  Annual assignment
  KPI
  Techno-economic study 
of long-term operation
P
  Change acceptation
  Financial resource 
reallocation
  Definition of rules
A
  Nuclear unit status report
  Management guarantor
status report
  Safety culture status report
  Safety improvement plan
D
  Controling
  Assignment review
  Assessment
  Economic assessment analysis
C
Risk 
assessment
Continuous
improvement
Self-assessment
of processes
Feedback
Fig. 6: PDCA cycle – Asset Management – Nuclear Energy
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As part of asset care, we improve maintenance processes 
in cooperation with internal departments and suppliers. 
Regular meetings are held to evaluate activities (ongoing and 
planned) and improve processes. Part of the process includes 
monitoring foreign nuclear operators and comparing their 
maintenance approaches. The aim is to ensure stable and 
high-quality maintenance of assets to secure high reliability in 
the long term.
When planning the economically sustainable use of nuclear 
power plants, we fulfill our role and proceed with due care 
and diligence. We coordinate activities in the operation of 
production facilities and look for and assess the potential 
for site utilization. To support good decision-making, we use 
techno-economic tools that provide a comprehensive view 
of the situation and search for optimal solutions, because the 
cheapest way does not always mean the best way.
Optimal and efficient allocation of resources is one of the basic 
premises for continuous improvement of safety and reliability 
in nuclear operations. The goal of long-term economically 
sustainable, safe, and reliable operation is thus reflected 
in realistic business plans and annual budgets. Economic 
management tools such as NPV (Net Present Value) are an 
integral part of management decision-making.
Asset lifecycle management places demanding requirements 
on our suppliers. We only work with suppliers who meet the 
rigorous requirements for the supply of materials, products, 
and services for nuclear power plants. To qualify for supply to 
nuclear power plants, a supplier must pass the relevant audit. 
All audit records are part of the qualified supplier database.
In terms of asset and risk management, strategic planning 
is very important for nuclear power plants. Therefore, we 
monitor current and future market and regulatory conditions 
for the assets in the nuclear power industry. Along with this, we 
evaluate possible scenarios for operation and development at 
the level of the main asset groups.
Improvement is not a destination, but a never-ending journey. 
In managing assets and risks within the Nuclear Energy 
Division, we strive for continuous improvement in all processes 
and activities in line with global best practices. We use various 
tools such as benchmarking, performance indicators, and 
efficiency checks.
Thanks to employees with extensive experience in various 
fields from outside CEZ Group, we manage to maintain 
a high level of know-how in asset and risk management. 
We are mindful of the need for early transfer of knowledge 
and experience, and we reflect this in our staff training and 
development requirements, including basic staff training.
5.5.3. Distribution System
As the largest distribution system operator in Czechia, we have 
long been committed to the safe and reliable operation of the 
distribution system. The distribution system operated by our 
company ČEZ Distribuce includes power lines and stations 
covering high, medium, and low voltage levels. In total, we 
supply and manage nearly 3.8 million consumption points.
According to the Energy Act (Act No. 458/2000 Coll.), one of 
the basic obligations of the distribution system operator is to 
plan the renewal and development of the distribution system. 
In addition to the traditional development, the distribution 
system needs to be transformed for what is now-called New 
Energy (PV and wind power plants, e-mobility, etc.), which 
is fully reflected in the CEZ Group's strategy, VISION 2030—
Clean Energy of Tomorrow and especially in this particular 
commitment:
	 invest in smart grids and decentralization to further develop 
a stable and digital distribution grid
In managing ČEZ Distribuce assets, we follow a systematic 
approach and coordinate activities and procedures in order to 
achieve optimal performance, assess the associated risks and 
costs over the asset life cycle, and achieve the highest possible 
efficiency.
The investment plan, which is approved by the management of 
ČEZ Distribuce, is the underlying basis for planning the renewal 
and development of distribution system assets. The investment 
plan is built upon the company’s strategy, which focuses on:
	 asset renewal (according to key parameters – condition, age, 
failure rate, extent, safety, etc.)
	 asset development including smart technology deployment
The investment plan is broken down into the mid-term plan in 
detail (by region, type of asset, etc.) and implemented step by 
step.
Asset renewal is based on the requirements of the expert 
departments. The internal tool FMEA is used to manage and 
assess the condition and importance of the assets. Evaluation 
includes criteria such as supply interruptions and continuity of 
supply, voltage quality, distribution losses, OPEX (maintenance, 
malfunctions), connection capacity, asset condition, 
reinforcement of the distribution system due to decentralized 
generation, and risk elimination.
We invest in asset development based on strategic decisions 
preceded by thorough condition analyses including calculation 
studies. In the calculations, we consider scenarios for the 
development of electricity consumption and generation. As 
a result, the analyses comprehensively assess future conditions 
and constraints of power supply in the required quantity, 
quality, location, and time.
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A specific group of investments in asset development are 
smart technology investments. These include the installation 
of remote intelligent control elements, elements for U/Q 
management, fiber optic infrastructure, etc.
The following chart shows the volume of investments (in 
millions of CZK) in the renewal, construction, and development 
of the distribution system in the last 3 years.
We are aware that environmental trends and related 
legislation have an impact on our distribution system asset 
management. For example, in the past, Directive 2009/125/
EC and the subsequent European Commission Regulation 
548/2014 set out the eco-design requirements for 
transformers. Since 2015, ČEZ Distribuce has only purchased 
transformers (approximately 2,200 per year) that comply with 
the mentioned regulation. We are currently monitoring and 
preparing for the introduction of the EU directive to ban the 
use of SF6 gas, which is environmentally harmful. We have 
participated in a Europe-wide questionnaire study, which 
has led the European Commission to propose a regulation 
to phase out the use of SF6 in electrical equipment (vote to 
take place in 2023). For this reason, we are taking steps to 
prepare early tenders for SF6-free technology standards 
and are monitoring the market situation. In the technical 
specifications for the respective tenders, we have included 
information on whether the bidder can also provide an 
alternative to SF6, and in the framework agreements we 
reserve the right to change the contract performance.
Volume of Investments (mil. CZK)
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
2020
2021
2022
15,033
12,428
13,238
CEZ Group      Sustainability Report 2022      Asset Management

We track 
and  disclose  data   
to  help  our   
stakeholders   
navigate  the  ESG   
landscape

EU Taxonomy 
KPI Report
6

108
CEZ Group reports our EU taxonomy key performance 
indicators in line with the Taxonomy Regulation and associated 
delegated acts. CEZ Group follows the Commission Notice from 
December 2022 and discloses full taxonomy KPIs for year 2022 
(year N).
For the 2022 fiscal year, we report on two environmental 
objectives: climate change mitigation (CCM) and climate 
change adaptation (CCA). As our activities in the energy sector 
and energy services are primarily oriented towards substantial 
contribution to mitigation, we do not disclose standalone CCA 
disclosure. We do not perform material activity with contribution 
to adaptation and the list of CCA eligible activities would mirror 
CCM eligibility disclosure without any additional value.
Our approach follows the principles of materiality and 
transparency. We aim to provide comprehensive information 
about all relevant business operations including noneligible 
activities. Some activities within CEZ Group are currently outside 
the scope of taxonomy classification and could be reconsidered 
as the classification and activity definitions changes over 
time (e.g., trading of renewable certificates, components 
manufacturing and energy servicing activities, etc.).
6.1. General Principles
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6.2. Contextual Information – Methodology 
and Implementation in CEZ Group
CEZ Group has established an internal ESG reporting and 
assessment process led by the ESG Reporting Office. For 
assessment and interpretation, we have established a taxonomy 
taskforce with experts within CEZ Group. We have developed 
an internal reporting solution for collecting non-financial data 
with a dedicated taxonomy module. This allows us controlled 
collection, quality control, standardization, and assessment 
of compliance with EU taxonomy requirements at the level of 
subsidiary and economic activity. The process of assessment 
was performed by data collection for each business activity 
within fully consolidated subsidiaries. 
CEZ Group discloses eligibility and alignment of own economic 
activities in line with legal requirements. For assessment, the 
existing technical screening criteria as of January 1, 2023 are 
applied, meaning both natural gas and nuclear energy criteria 
are used. The adopted changes in taxonomy classification in 
2022 allowed us to include natural gas and nuclear energy 
activities as eligible activities. This change had a significant 
impact on our key performance indicators (KPIs) since nuclear 
energy is a large part of our generation portfolio. Natural 
gas facilities are significant in our generation portfolio and 
investment plan.
KPI disclosures include material activities. Eligible activities 
with low materiality are grouped under – Energy Services and 
Other Activities. Each activity included in our report (material or 
nonmaterial) has been assessed against EU taxonomy technical 
screening criteria.
Technical screening criteria consist of Substantial Contribution 
Criteria for climate change mitigation objective and Do No 
Significant Harm criteria for other five environmental objectives. 
The alignment is assessed on the level of a single economic 
activity or projects of a given company. The assessment of 
climate risks and social safeguards has a group-level importance 
and is managed on CEZ Group level. 
Given the level of uncertainty in some definitions and 
interpretations of each screening criterion, our assessment is 
based on the best-effort-basis. The final assessment is based 
on our current understanding of the criteria and in-house ESG 
expertise. Our assessment is complemented by consultations 
with regulatory authorities, green bond SPOs from ESG rating 
agencies in 2021 and 2022, and with sectoral guidelines issued 
within the same timeline for various activities and sectors in 
EU. Additionally, the Commission draft notice published in 
December 2022 provided additional clarity and supported our 
assumptions and confirmed our approach as appropriate.
If more activities are present and reported by subsidiaries, we 
report each financial value for a single activity based on business 
lines, technology, or projects. In some instances, CEZ Group 
uses pro rata coefficients based on objective operational and 
technological data. No values are double counted, and quality 
control is performed against audited company financial values. 
KPI disclosure uses only Group data without the use of 
any external services or third-party estimates, in line with 
requirements for a nonfinancial company. The taxonomy 
disclosure follows international accounting standards (IFRS) used 
for Consolidated Financial Statements in the Annual Report, 
which are assessed by an independent auditor.
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6.3. Technical Screening of Economic Activities in 2022
6.3.1. Renewable Energy
Photovoltaic power plants – 4.1	
Aligned
Development and operation of power plants in Czechia, 
Germany, France, Italy, and Israel
Technology complies with threshold 100 gCO2e/kWh by 
default. 
Projects and locations use measures such as ISO 14001, 
consider feasibility of circularity aspects of components on 
project level (such as durability or long lifespan of component). 
All projects ensure end-of-life waste management in line with 
applicable EU legislation. All projects comply with EIA regulation 
incl. biodiversity assessments whenever required.
Hydropower – 4.5	
Aligned
Operation of existing power plants in Czechia
Technology complies with threshold 100 gCO2e/kWh by default 
according to current scientific consensus. All hydropower 
plants have power density higher than 5 MW/m2 based on 
installed capacity and average reservoir area (on facility 
and/or cascade level). 
All plants are operated under valid licenses and permits 
from water authority (River Basin Management Authority) 
and implement all defined and required measures for water 
protection, improving good water potential and biodiversity 
protection. Required measures are derived from Water 
Framework Directive and CEZ Group considers such legal 
compliance as alignment under DNSH. For hydropower 
locations build or modernized under applicable EIA regulation, 
legal compliance is ensured, and compensatory measures 
were implemented.
	
Wind power – 4.3	
Aligned
Development and operation of onshore wind parks in Czechia, 
Germany, and France
Technology complies with threshold 100 gCO2e/kWh by 
default. 
Projects and locations use measures such as ISO 14001 and 
consider feasibility of circularity aspects of components 
on project level. All projects ensure end-of-life waste 
management in line with applicable EU legislation. All projects 
comply with EIA regulation including biodiversity assessments 
whenever required.
Biomass plants – 4.20, 4.245)	
Aligned
Cogeneration and heating plants on biomass and biogas in 
Czechia and Italy
Used biomass is certified or considered sustainable in line with 
RED II Regulation (biomass sourcing and fossil fuel savings 
comparator). We consider only operations using biomass-only 
fuel as eligible and aligned, i.e., without co-combustion of other 
fuels during regular operational regime (especially fossil fuels).
Operation of plants is under valid permits, in line with water 
authority requirements and valid pollutant emission limits, and 
compliant with air quality plans. 
All plants are compliant with EIA requirement, or applicable 
authorization procedure when EIA was not applicable at the time 
of construction.
5) Activities under codes 4.20, 4.24 are bundled together due to their technological nature and predominantly the same screening requirements.
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6.3.2. Transitional Energy – Natural Gas and 
Nuclear
Nuclear energy – 4.27, 4.28	
Aligned
Generation facilities in Dukovany (EDU) and Temelín (ETE) and 
preparatory phase for the construction of additional units EDU 
II and ETE II
Nuclear energy activity has two broad sets of requirements 
for national and project-level compliance. Czechia has 
a comprehensive set of requirements to comply with: for 
operation and modification of existing nuclear facilities as well 
as for construction of new nuclear facilities. CEZ Group 
performed a detailed analysis for each criterion and 
cooperated with national authorities on clarification of 
interpretation.
National set of requirements is defined by regulation Act 
263/2016, Coll., which refers to all of the relevant Euratom and 
EU regulations. Czechia has currently no open infringement 
case in the nuclear area. Czechia has a valid Concept of 
Radioactive Waste and Spent Nuclear Fuel Management 
(Government Resolution No 597/2019), which ensures 
compliance with EU and international requirements considering 
management of radioactive waste. 
ČEZ, a. s., generates financial reserve for decommissioning of 
nuclear installations (held in an escrow account). Contributions 
are determined by MIT Decree 250/2020 Coll. and annual 
check of adequacy is performed by SÚRAO (Radioactive Waste 
Repository Authority). ČEZ, a. s., bears all costs associated 
with radioactive waste management and provides funds to the 
Nuclear Account (administered by the Ministry of Finance). 
CEZ Group reports annually the values of accumulated 
reserves in the CEZ Group Annual Report. 
ČEZ, a. s., has a valid radioactive waste management plan, 
which includes requirements for minimizing the amount of 
waste disposed into the radioactive waste repository. 
At the Dukovany plant, ČEZ, a. s., operates a radioactive waste 
storage facility owned by the national authority SÚRAO. 
The Dukovany storage facility is intended for the disposal of 
low- and intermediate-level waste. Transboundary shipment of 
radioactive material is permitted to another Euratom country 
for the purpose of reprocessing before storage in SURAO 
facilities. 
In 2022, SURAO assessed the feasibility of operating 
a permanent underground repository by 2050 in accordance 
with taxonomy requirements with the conclusion of 
a technically feasible test operation by 2050. Based on 
this assessment, the Government Resolution No 24/2023 
delegated to SURAO the responsibility to update the Concept 
of Radioactive Waste and Spent Nuclear Fuel Management in 
line with taxonomy requirements by end of 2024. CEZ Group 
thus assesses compliance with this taxonomy criterion as 
reasonable and sufficient.
CEZ Group complies with the criterion of a maximum of 
100 gCO2e/kWh of energy produced. The JRC Study on 
nuclear power for the purpose of EU taxonomy declares that 
the facilities comfortably stay within the threshold even in the 
next 50 years. This is consistent with the conclusions in the 
IPCC (2014) and UNECE (2022) assessments. For our nuclear 
facilities, we consider the results of the Czech-Polish study 
from the University of Science and Technology in Ostrava 
(2017) and the study of the University of Chemistry and 
Technology and ÚJV Řež (2020). The latter assessed nuclear 
electricity generation in Czechia (CEZ Group facilities) by full 
LCA perspective in accordance with EU PEF 2.0 methodology. 
Nuclear generation is assessed as well below the taxonomy 
threshold.
Site suitability and resilience against natural hazards and 
climate risks and meteorological events is regularly assessed 
within the update of Operational Safety Reports of Temelín 
and Dukovany plants. Assessments follow the requirements set 
out in the Decree 378/2016 Coll., IAEA SSR-1, WENRA Safety 
Reference Levels. In the past, Fukushima Stress Tests were 
performed at both nuclear sites. Based on the assessments, 
the nuclear sites implemented Action Plans to minimize the 
impact of extreme natural hazards, where adopted measures 
follow the Defense in Depth principle.
At present, all reactors in operation are licensed to operate 
indefinitely. CEZ Group expects to operate units for at least 
60 years — thus with expected useful lifetime of operation 
beyond the year 2040. It will be achieved by the application 
of requirements related to aging management, by performing 
periodic safety reviews (PSRs) every 10 years, and by meeting 
requirements set by The State Office for Nuclear Safety (SÚJB) 
for increasing the safety of the facility. 
New nuclear facilities will be announced in accordance with 
Art. 41 of Euratom Treaty following applicable EU Regulation 
No 2587/1999. EDU II financing scheme between ČEZ, a. s., 
and Czechia is in the process of notification by European 
Commission.
Both the EDU and ETE facilities use the best available technology 
in accordance with Euratom requirements to prevent accidents, 
to mitigate and prevent their consequences. Facilities follow 
the best available practices based on IAEA safety requirements 
(Design and Operation) and are subject to periodic OSART 
inspections. They also follow WENRA safety reference levels 
for existing reactors 2020 and are subject to inspections under 
topical peer review of ENSREG. Accident tolerant fuel as such 
is not yet available on a commercial basis and a future licensing 
process is required for each specific nuclear fuel modification 
separately. Based on current interpretation across European 
regulatory authorities and operators, existing nuclear fuels 
comply with safety requirements understood as best available 
techniques. CEZ Group actively supports development in 
this area as our subsidiary, nuclear research facility at Řež, 
is collaborating on program INCA NEA-FIDES II testing ATF 
concepts in a research reactor.
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112
Both facilities have all required permits and comply with 
applicable limits set by competent water authority, incl. water 
management limits, water radioactivity limit and temperature 
limit, if relevant. Both sites use efficient cooling towers and 
do not use once-through cooling. ETE and EDU have safety 
backup diesel aggregates which serve as backup sources and 
comply with medium combustion plant emission limits and 
have valid permits.
For modifications of nuclear facilities, Environmental Impact 
Assessment is always provided to permitting authority. 
Full EIA procedure (scoping) and biodiversity screening are 
always performed based on the decision of a competent 
environmental authority. New reactor in ETE (ETE II) site has 
currently a valid EIA assessment and conclusions since 2013. 
New development in EDU site (EDU II) has currently valid 
EIA conclusions since 2019. Environmental monitoring is 
implemented and annually reviewed. With radiation monitoring 
conducted by national laboratory for radiation control.
CEZ Group subsidiary Research Centre Řež operates two 
research reactors LVR-15 and LR-0. The research reactor 
LVR-15 is used for the production of radioisotopes, irradiation 
experiments, neutron activation analysis and realization of 
measurements on neutron beams. The LR-0 research reactor 
is used for neutron physics measurements of various core 
configurations. The reactors are not used to produce electrical 
or thermal energy and are part of the Czech International 
Centre of Research Reactors. The reactors are licensed for 
operation by the State Office for Nuclear Safety. Nevertheless, 
the activity has a specific nature of operation which is not 
included in current activity definition in Delegated Acts. 
Therefore, we assess these facilities as noneligible from the 
taxonomy perspective.
Natural gas – 4.29, 4.30, 4.316)	
Eligible, not aligned
Activity includes electricity generation, heat generation 
for district heating and small cogeneration units. Activity is 
performed in Czechia, Slovakia, Italy, and Germany.
All operated units currently do not comply with the full set of 
the taxonomy transitional requirements and are eligible, not 
aligned. 
Nevertheless, CEZ Group has assessed all assets in operation 
by defined DNSH criteria, i.e., in areas of water protection, 
pollution prevention and control, and biodiversity protection. 
All our assets comply with DNSH requirements for energy 
generation activity.
6.3.3. Infrastructure Activities
Electricity distribution – 4.9	
Aligned*
Distribution grid operation, distribution services and installation 
of equipment for energy grid in regions of Czechia and 
Slovakia
All grids operated are connected into European interconnected 
grid, and the installed equipment is aligned with defined 
requirements. Circularity during waste management is ensured 
through our EMS system in line with ISO 14001, with the aim 
of material recovery at the end-of-life of equipment. No 
PCBs are in use. Distribution companies ensure a high level of 
protection through a health and safety program that includes 
safety for work in heights and prevention of electromagnetic 
radiation in line with European and national legislation. EIA 
procedure and biodiversity screening are performed following 
a decision of the competent environmental authority. Most 
of the developments are assessed as having no impact on 
biodiversity. Further, ČEZ Distribuce performs a successful 
biodiversity program, especially related to bird protection.
The Aligned * means partial alignment of the activity (see disclosure table for 
alignment/eligibility values) 
District heating – 4.15	
Aligned* 
Local heating supplies in Czechia and Slovakia
Activity is aligned with taxonomy requirements for supplies in 
efficient heating. All operators are compliant with conditions 
defined by water authority. During renovations and renewal of 
infrastructure, only energy efficient and eco-design compliant 
equipment is used. Operators have all necessary valid permits 
and authorization for heating supply and infrastructure 
operation.
6) Activities under codes 4.29, 4.30, 4.31 are in disclosure bundled together due to their similar nature of technology and predominantly the same requirements. 
During screening, CEZ Group used a relevant set of criteria based on the nature of the assessed project.
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113
6.3.4. Energy Services and Other Eligible Activities
Installation of energy efficiency equipment – 7.3	
Aligned*
CEZ provides installation services in Czechia, Slovakia, 
Germany, Romania and Poland. Category includes 
manufacturing of energy efficient equipment and lighting 
installed (3.5), which is linked with installations.
Activity is assessed as aligned in case of highly energy efficient 
equipment or light sources (LED). Business lines using lower energy 
efficiency equipment are considered as eligible, not aligned. 
Performed activity consists of equipment and technology 
installation which is compliant with eco-design requirements. 
No construction works are generally performed by companies. 
Companies are compliant with existing regulation on handling 
asbestos and regulated substances. No breach of law during 
the reporting period was identified.
Energy efficiency equipment, sensors and LED manufacturing 
are performed under our environmental management system 
and waste management program and are considered as aligned.
Installation of renewable energy technologies – 7.6	
Aligned
Installation of on-site heat pumps and rooftop photovoltaics in 
Czechia, Germany, Netherlands, France, UK and Israel
Activity complies with list of taxonomy-aligned product 
categories and is assessed as aligned. 
Other energy services and e-mobility	
Aligned*  
Activities are performed as part of a broad ESCO business 
segment in Czechia, Poland, Slovakia, Germany and Italy.
7.4 Installation of charging stations in buildings and parking lots 
is included in the list of aligned products.
7.5 Installed devices enable smart metering, regulation and 
automation of energy performance. Devices comply with the 
list of aligned products.
9.3 ESCO services and energy management services comply 
with the list of aligned products and services. 
6.5 Purchase and operation of e-mobility and hybrid vehicles, 
which are aligned with zero tail-pipe emissions or 50 gCO2/km 
threshold. All vehicles comply with EU and national waste 
legislation and consider sufficient energy label of tires in their 
respective vehicle categories.
6.15 Construction and installation of charging stations as 
part of publicly accessible infrastructure complies with 
requirements as well. Projects comply with project-level 
requirements for construction waste management, set by the 
permitting authority. Contractual agreements are put in place 
to ensure priority of waste material recovery in line with waste 
hierarchy and waste legislation. All subcontractors are holders 
of ISO 14001 and comply with environmental requirements such 
as biodegradability for coolants used in components 
of charging stations. All equipment is disposed in line with 
WEEE legislation and recycled in line with EU requirements. 
All stations are part of existing road infrastructure and are not 
linked to new development of line infrastructure. 
7.2 Renovations of buildings are currently a nonmaterial part of 
our business as we are not primarily a construction company. 
The focus of our activity is interior workplace management and 
not renovation of the building envelope. Existing activities in 
building renovations have a positive impact on energy savings, 
but projects do not meet the screening criteria. Activity is 
assessed as eligible, not aligned. 
Other nonmaterial activities – other activities	
Aligned*
Category includes eligible nonmaterial business lines 
performed mainly in Czechia or Poland.
The following nonmaterial business lines are assessed as 
aligned:
5.1 Water treatment facilities compliant with threshold 
of 0,5 kWh/m3. Water supply infrastructure that meets low 
leakage during operation. Operations have valid permits, 
and no mandatory environmental impact assessments were 
required.
7.7 Ownership and management of own buildings built before 
December 31, 2020 with EPC A certificate or buildings with 
lower consumption than TOP 15% of commercial buildings7) 
in Czechia accompanied by mandatory building energy audit.
9.1 R&D projects of research centers were assessed as 
partially aligned according to project technological maturity, 
contribution to GHG reduction, and impact on substantial 
contribution requirements of existing activities in taxonomy 
classification. General focus of our R&D is described in 
CEZ Group 2022 Annual Financial Report – chapter R&D.
8.1/8.2 Selected ICT solutions and software systems developed 
and deployed for optimalisation and management of 
renewables, distribution grids or energy management, were 
assessed as aligned with requirements.
Other nonmaterial activities are assessed as eligible 
(wastewater operations, afforestation, freight rail and freight 
road transport).
7) CEZ Group used reference value for TOP 15%  used by the Czech Green Building Council. (Antonin J., 2019)
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114
6.3.5. Do No Significant Harm (DNSH) Adaptation
The DNSH criterion for adaptation on physical climate risks 
has general applicability for all Group activities and has 
Group-level importance. We have assessed vulnerability of our 
business locations in line with the Climate Risk Management 
Recommendations from the Financial Stability Board (TCFD). 
CEZ Group conducted an external assessment of current 
generation sites and other significant locations by the 
global climate risk model. Based on the assessment, 
CEZ Group declares no high-risk production site under its 
direct management control, both in terms of current risks and 
future pessimistic scenarios (RCP 8.5). Medium risk exposures 
are identified at selected sites. All these sites have ongoing 
operational risk management which considers natural risks, 
and most of the sites implemented adaptation activities in 
recent years to mitigate material risks. 
CEZ Group’s risk management includes sustainability risks 
and climate-related physical risks in several subcategories. 
Negative impacts of extreme temperatures, droughts and 
floods are part of the managed operational risks. Chronic 
changes in average temperatures have an impact on future 
energy market price and are part of managed financial risks. 
Variability and change in wind patterns further influence 
estimates and plans under managed volumetric risk, 
associated with wind power electricity generation. All those 
risks are monitored, assessed, and periodically reviewed. 
98% of total power generating capacity have certified 
EMS system (ISO 14001), which includes environmental risk 
management, incl. climate risks. For more information, see 
sections covering risk management or see the TCFD Report.
6.3.6. Social Safeguards
CEZ Group ensures full compliance with the minimum social 
safeguards and conducts its business in accordance with 
human rights and ethical principles. The Group uses the 
fundamental international conventions (ILO, UN) and fully 
complies with international conventions and declarations of 
human and labor rights and takes them into full consideration 
when developing ethical commitments and rules. 
CEZ Group has established a Code of Conduct for employees 
and a Commitment to Ethical Conduct for suppliers. The 
Code of Conduct is binding for all employees and its 
knowledge is verified and enforced through regular mandatory 
employee training. The obligation to comply with the supplier 
Commitment to Ethical Conduct is enforced contractually 
in General Terms and Conditions of ČEZ, a. s. Compliance 
with the rules and obligations arising from the Commitment 
to Ethical Conduct is monitored through internal audits and 
compliance checks. The ultimate measure for a breach of 
the supplier Commitment is termination of the business 
relationship with the supplier concerned.
CEZ Group has a compliance management system (CMS) 
in place that is designed in accordance with legislative 
requirements and international compliance standards, in 
particular ISO 37001 Anti-Corruption Management System 
and ISO 37301 Compliance Management System. CEZ 
Group’s Compliance Management System undergoes regular 
external assessments and includes all necessary elements 
of prevention, detection, and response, which are generally 
considered to be an essential part of compliance programs. 
The Group is not in any open controversy in relation to social 
and human rights. We conduct our business in accordance 
with human rights and ethical principles. In line with good 
practice presented by the Sustainable Finance Platform 
(advisory body of the European Commission), we complement 
our assessment with the following independent sources: 
CEZ Group has not received any complaint and does 
not have an open case with the National Contact Point 
for the OECD Guidelines for Multinational Enterprises 
(Ministry of Industry and Trade of the Czech Republic).
No complaint
CEZ Group has not been accused of human rights 
violations by the Business and Human Rights Resource 
Centre (BHRRR), nor has it received a request to 
comment on an open case with controversy. 
No accusation 
No request to 
comment
CEZ Group is not and has not been convicted of human 
and labor rights violations during reported year. (See 
GRI 407-1, 408-1, 409-1, 413-2, 414-2, 2-27).
No breach 
CEZ Group      Sustainability Report 2022      Technical Screening of Economic Activities in 2022

115
 
Substantial 
contribution
DNSH 
Taxonomy-aligned 
Revenues
Category
 
EU Taxonomy KPI Report 
Revenues
Climate change – 
mitigation 
Climate change - 
adaptation
Adaptation 
Water
Circular economy
Pollution prevention
Ecosystems
Social safeguards
2022
2021
Enabling
Transitional
 
Economic activity
Code
Bill. 
CZK
%
%
%
YES (Y) /NO (N)
Bill. 
CZK
%
%
E
T
A.1
Eligible and taxonomy-aligned activities
97.1
33.7 
–
 
 
A.1.1
Generation – renewable 
energy sources
 
8.8
3.0 
 
 
 
 
 
 
 
 
8.8
3.0 
–
 
 
 
Generation - 
hydropower
4.5.
5.5
1.9 
100 
0 
Y
Y
Y
Y
5.5
1.9 
–
 
 
Generation – 
photovoltaic energy
4.1.
1.7
0.6 
100 
0 
Y
Y
Y
Y
1.7
0.6 
–
 
 
Other renewables (Wind 
and biomass)
4.3; 
4.20
1.6
0.6 
100 
0 
Y
Y
Y
Y
Y
Y
1.6
0.6 
–
 
A.1.2
Generation – 
transitional sources
 
33.5
11.6 
 
 
 
 
 
 
 
 
33.5
11.6 
–
 
 
 
Generation – existing 
nuclear sources
4.28 
33.5
11.6 
100 
0 
Y
Y
Y
Y
Y
Y
33.5
11.6 
–
T
A.1.3
Electricity and heat 
distribution
 
39.3
13.6 
 
 
 
 
 
 
 
 
38.9
13.5 
–
 
 
 
Electricity distribution 
4.9.
36.2
12.6 
100 
0 
Y
Y
Y
Y
36.0
12.5 
–
E
 
 
District heating
4.15.
3.1
1.1 
100 
0 
Y
Y
Y
Y
Y
2.8
1.0 
–
 
A.1.4
Energy services and 
other activities
 
19.2
6.7 
 
 
 
 
 
 
 
 
16.0
5.5 
–
 
 
 
Installation of energy 
efficiency equipment
7.3.
9.4
3.2 
100 
0 
Y
Y
Y
Y
Y
8.0
2.8 
–
E
 
 
Installation of renewable 
technologies
7.6.
5.7
2.0 
100 
0 
Y
Y
5.7
2.0 
–
E
 
 
Other ESCO services 
and e-mobility
*
3.2
1.1 
100 
0 
Y
Y
Y
Y
Y
Y
1.9
0.6 
–
E
 
 
Other activities
*
0.9
0.3 
100 
0 
Y
Y
Y
Y
Y
Y
0.4
0.1 
–
 
 
A.2
Eligible, not aligned 
activities
 
12.9
4.5 
 
Generation - natural 
gas sources
4.29-
4.31
9.3
3.2 
 
Electricity distribution
4.9.
0.2
0.1 
 
District heating
4.15.
0.3
0.1 
 
Installation of energy 
efficiency equipment
7.3.
1.4
0.5 
 
Other ESCO services 
and e-mobility
*
1.3
0.5 
 
Other activities
*
0.5
0.2 
A
Eligible activities 
(A.1 + A.2)
 
110.1
38.2 
B
Noneligible activities
 
178.4
61.8 
B.1
Noneligible neutral 
activities
141.4
49.0 
B.2
Noneligible emission 
activities
36.9
12.8 
 
Coal mining
N/A
6.0
2.1 
 
Generation – coal 
sources
N/A
31.0
10.7 
A + B
KPI Revenues - TOTAL 
 
288.5
100 
6.4. KPI Revenues
CEZ Group      Sustainability Report 2022

116
CEZ Group defines KPI Turnover as total operating revenues in 
line with IFRS. The denominator is based on the audited result 
of operating revenues from Consolidated Financial Statements 
in line with IFRS (2022 Annual Financial Report). These are 
accounting units of Sales of electricity, heat, gas and coal, 
Sales of services and other revenues, and Other operating 
income. Operational revenues from electricity generation by 
technology include revenues linked to generation, without 
trading operations and without revenues from provided 
ancillary services.
The share of CEZ Group revenues from taxonomy-aligned 
activities is 33.7%. These are predominantly revenues from 
distribution of electricity (12.5%) and nuclear power generation 
(11.6%). Other significant aligned activities include installation of 
energy efficiency equipment (2.8%), installation of heat pumps 
and rooftop photovoltaics in buildings (2%), hydro energy 
(1.9%), and district heating (1%). 
Eligible, not aligned activities include mainly energy generation 
from natural gas which does not comply with screening 
requirements. 
6.4.1. KPI Revenue - Additional Information
The main drivers for the performance of CEZ Group in 2022 
are available in 2022 Annual Financial Report. Following the 
energy market developments, generation and sales segments 
reached higher revenues, which caused a relative decrease in 
the impact of other aligned activities in the KPI
Bill. CZK
%
Aligned Revenues  - TOTAL
97.1 
100
Aligned – sustainable 
11.8 
12.2
Aligned – enabling 
51.8
53.3
Aligned – transitional 
33.5 
34.5
Nuclear energy inclusion into eligible activities had a significant 
impact on the KPI. CEZ Group has large exposure to nuclear 
energy as it operates nuclear power plants in Temelín and 
Dukovany.
CEZ Group      Sustainability Report 2022      KPI Revenues

117
 
Substantial 
contribution
DNSH
Taxonomy-aligned 
CAPEXt
Category
 
EU Taxonomy KPI Report 
CAPEXt
Climate change – 
mitigation 
Climate change - 
adaptation
Adaptation 
Water
Circular economy
Pollution prevention
Ecosystems
Social safeguards
2022
2021
Enabling
Transitional
 
Economic activity
Code
Bill. 
CZK
%
%
%
YES (Y) /NO (N)
Bill. 
CZK
%
%
E
T
A.1
Eligible and taxonomy-aligned activities
21.9
65.3 
–
 
 
A.1.1
Generation – renewable 
energy sources
 
1.7
5.0 
 
 
 
 
 
 
 
1.7
5.0 
–
 
 
 
Generation - 
hydropower
4.5.
0.2
0.6 
100 
0 
Y
Y
Y
Y
0.2
0.6 
–
 
 
Generation – 
photovoltaic energy
4.1.
0.4
1.1 
100 
0 
Y
Y
Y
Y
0.4
1.1 
–
 
 
Other renewables 
(Wind and biomass)
4.3; 
4.20
1.1
3.3 
100 
0 
Y
Y
Y
Y
Y
Y
1.1
3.3 
–
 
A.1.2
Generation – 
transitional sources
 
4.1
12.2 
 
 
 
 
 
 
 
 
4.1
12.2 
–
 
 
 
Generation – existing 
nuclear sources
4.28 
3.7
11.0 
100 
0 
Y
Y
Y
Y
Y
Y
3.7
11.0 
–
T
 
Generation – new 
nuclear sources
4.27 
0.4
1.2 
100 
0 
Y
Y
Y
Y
Y
Y
0.4
1.2 
–
T
A.1.3
Electricity and heat 
distribution
 
15.9
47.3 
 
 
 
 
 
 
 
 
15.7
46.7 
–
 
 
 
Electricity distribution 
4.9.
14.8
44.1 
100 
0 
Y
Y
Y
Y
14.8
44.0 
–
E
 
 
District heating
4.15.
1.1
3.2 
100 
0 
Y
Y
Y
Y
Y
0.9
2.8 
–
 
A.1.4
Energy services and 
other activities
 
2.1
6.2 
 
 
 
 
 
 
 
 
0.5
1.4 
–
 
 
 
Installation of energy 
efficiency equipment
7.3.
0.2
0.5 
100 
0 
Y
Y
Y
Y
Y
0.2
0.5 
–
E
 
 
Installation of renewable 
technologies
7.6.
0.1
0.3 
100 
0 
Y
Y
0.1
0.3 
–
E
 
 
Other ESCO services 
and e-mobility
*
0.7
2.2 
100 
0 
Y
Y
Y
Y
Y
Y
0.2
0.5 
–
E
 
 
Other activities
*
1.1
3.2 
100 
0 
Y
Y
Y
Y
Y
Y
0.0
0.1 
–
 
 
A.2
Eligible, not aligned 
activities
 
2.3
6.7 
 
 
Generation - natural 
gas sources
4.29-
4.31
0.4
1.3 
 
Electricity distribution
4.9.
0.0
0.1 
 
District heating
4.15.
0.1
0.4 
 
Other ESCO services 
and e-mobility
*
0.6
1.7 
 
Other activities
*
1.1
3.1 
A
Eligible activities 
(A.1 + A.2)
 
24.2
72.0 
B
Noneligible activities
 
9.4
28.0 
B.1
Noneligible neutral 
activities
4.3
12.9 
B.2
Noneligible emission 
activities
5.1
15.1 
 
Coal mining
N/A
2.0
6.0 
 
Generation – coal 
sources
N/A
3.0 
9.1 
A + B
KPI Revenues - Total 
 
33.6 
100 
6.5. KPI CAPEXt
CEZ Group      Sustainability Report 2022

118
The KPI includes all capital expenditures which were realized 
in 2022 and disclosed in line with IFRS (excluding nuclear fuel 
procurement), and financial investments. Capital expenditures 
include additions to property, plants, equipment, and 
intangibles, regardless of whether it is a cash expense. It 
includes further capitalized interests, unfinished assets and 
advances provided on fixed assets.
In comparison to KPI CAPEX in 2022 Annual Financial Report, 
taxonomy KPI CAPEXt includes financial investments but 
excludes nuclear fuel procurement. To increase usability and 
comparability of the taxonomy disclosures within the energy 
sector, CEZ Group considers the approach of other European 
and global energy companies to not include the acquisition 
of nuclear fuel in taxonomy CAPEX disclosures. According to 
disclosure regulation, such expenditures are excluded from the 
KPI definition. For the purposes of the EU taxonomy disclosure, 
CEZ Group decided to exclude this category of investments 
from the KPI CAPEXt values8). This change corresponds to the 
value of the reported nuclear fuel acquisition item in 2022 
Annual Financial Report.
Reconciliation of CAPEX and CAPEXt
bill. CZK
CAPEX – acquisition of tangible and intangible fixed assets
34.8
Nuclear fuel procurement (-)
3.1
Financial investments*
1.9
CAPEXt
33.6
* Acquisition of subsidiaries, joint ventures and associates, net of purchased 
funds
6.5.1. KPI CAPEXt – Additional Information
bill. CZK
%
Aligned CAPEXt
21.9 
100
Aligned activities - sustainable
2.6 
12.0
Aligned activities - enabling
15.2 
69.3
Aligned activities - transitional
4.1 
18.7
CEZ Group structure of investment is oriented mainly towards 
electricity distribution modernization and renewal (enabling 
category). Investment into transitional activities included mainly 
nuclear energy investments in existing locations.
bill. CZK
%
Aligned CAPEXt
21.9 
100
a)  CAPEXt as part of aligned business 
activity
20.4
93.0
b)  CAPEXt as part of CAPEX plan defined 
by Delegated Act 2021/2178
-
-
c)  CAPEXt as purchase of aligned 
products or services
1.5
7.0
Taxonomy-aligned investments are mainly linked to (a) 
performed business activity. We define purchase of taxonomy 
aligned output – option (c) – as standalone investments not 
linked to regular business activities of the company. Such 
investments are linked to activities 7.2, 7.6 on own properties or 
similar. Those investments are small as CAPEXt is predominantly 
oriented to existing business lines.
Investments under category (b) are not recorded in CEZ 
Group. The investment plan within the meaning of Regulation 
2021/2178 requires a high level of detail and disaggregation 
according to the individual activity categories of the EU 
taxonomy. This approach is not implemented by CEZ Group. 
CEZ Group manages a medium-term 5-year CAPEX plan 
which reflects management of core business segments 
(2022 Annual Financial Report). The CEZ Group CAPEX plan is 
aligned with our transition and decarbonization goals validated 
by the SBTi. We assess 82% of planned investments in 
2023-2027 as aligned under the EU taxonomy (CAPEXt), 
of which 18% investments are oriented into aligned transitional 
activity (nuclear and natural gas). ČEZ, a. s., develops new 
natural gas projects with an ambition for full taxonomy 
alignment. New natural gas facilities are developed as 
a replacement of planned phased-out coal facilities. These 
projects will be hydrogen-ready and will enable a substantial 
decrease in emission intensity compared to existing coal 
assets. CEZ Group will spend only 4% of our investments 
on mining and coal energy activities.
In the Article 8 disclosure, CEZ Group shall report proceedings 
from issued green bonds and similar financial instruments 
used for specific sustainable activities according to the EU 
taxonomy. The company shall adjust the KPI disclosures if such 
funding occurred to avoid risk of double counting for financial 
market participants. We issued the first sustainability-linked 
bond in 2022. The proceedings are not used to finance specific 
activities under the EU taxonomy but serve a general purpose. 
Such bond is not a product defined by disclosure regulation 
2021/2178. For this reason, CEZ Group does not make any 
additional adjustments to the disclosed KPI revenues and 
KPI CAPEXt. 
8) If included, expenditures would be assessed as a taxonomy-aligned investment, linked to a taxonomy-aligned economic activity.
CEZ Group      Sustainability Report 2022      KPI CAPEXt

119
 
Substantial 
contribution
DNSH
Taxonomy-aligned 
OPEXt 
Category
 
EU Taxonomy KPI Report 
OPEXt 
Climate change – 
mitigation 
Climate change - 
adaptation
Adaptation 
Water
Circular economy
Pollution prevention
Ecosystems
Social safeguards
2022
2021
Enabling
Transitional
 
Economic activity
Code
Bill. 
CZK
%
%
%
YES (Y) /NO (N)
Bill. 
CZK
%
%
E
T
A.1
Eligible and taxonomy-aligned activities
5.8
52.6 
–
 
 
A.1.1
Generation – renewable 
energy sources
 
0.5 
4.2 
 
 
 
 
 
 
 
 
0.5
4.2 
–
 
 
 
Generation - 
hydropower
4.5.
0.2
1.6 
100 
0 
Y
Y
Y
Y
0.2
1.6 
–
 
 
Generation – 
photovoltaic energy
4.1.
0.1
0.9 
100 
0 
Y
Y
Y
Y
0.1
0.9 
–
 
 
Other renewables 
(Wind and biomass)
4.3; 
4.20
0.2
1.7 
100 
0 
Y
Y
Y
Y
Y
Y
0.2
1.7 
–
 
A.1.2
Generation – 
transitional sources
 
3.5 
31.6 
 
 
 
 
 
 
 
 
3.5
31.6 
–
 
 
 
Generation – existing 
nuclear sources
4.28 
3.5
31.6 
100 
0 
Y
Y
Y
Y
Y
Y
3.5
31.6 
–
T
A.1.3
Electricity and heat 
distribution
 
1.5
13.1 
 
 
 
 
 
 
 
 
1.4
13.0 
–
 
 
 
Electricity distribution 
4.9.
1.3
11.7 
100 
0 
Y
Y
Y
Y
1.3
11.7 
–
E
 
 
District heating
4.15.
0.2
1.4 
100 
0 
Y
Y
Y
Y
Y
0.1
1.3 
–
 
A.1.4
Energy services and 
other activities
 
1.1
9.6 
 
 
 
 
 
 
 
 
0.4
3.8 
–
 
 
 
Installation of energy 
efficiency equipment
7.3.
0.1
0.9 
100 
0 
Y
Y
Y
Y
Y
0.1
0.9 
–
E
 
 
Installation of renewable 
technologies
7.6.
0.1
0.8 
100 
0 
Y
Y
0.1
0.8 
–
E
 
 
Other ESCO services 
and e-mobility
*
0.2
1.6 
100 
0 
Y
Y
Y
Y
Y
Y
0.0
0.1 
–
E
 
 
Other activities
*
0.7
6.3 
100 
0 
Y
Y
Y
Y
Y
Y
0.2
2.0 
–
 
 
A.2
Eligible, not aligned 
activities
 
0.8
7.6 
 
Generation - natural 
gas sources
4.29-
4.31
0.2
1.6 
 
District heating
4.15.
0.0
0.1 
 
Other ESCO services 
and e-mobility
*
0.2
1.5 
 
Other activities
*
0.5
4.3 
A
Eligible activities 
(A.1 + A.2)
 
6.7 
60.2 
B
Noneligible activities
 
4.4
39.8 
B.1
Noneligible neutral 
activities
0.5
4.7 
B.2
Noneligible emission 
activities
3.9
35.1 
 
Coal mining
N/A
0.8
7.3 
 
Generation – coal 
sources
N/A
3.1
27.8 
A + B
KPI OPEXt - Total 
 
11.1
100 
6.6. KPI OPEXt
CEZ Group      Sustainability Report 2022

120
KPI OPEXt includes the selected operating expenses of 
CEZ Group in line with a narrow KPI definition requirement 
by taxonomy disclosures regulation. KPI OPEXt is based on 
operational expenses on standardized accounts of Equipment 
Care (maintenance and repair) and on company values for 
R&D operational expenses which are linked to performed 
business activities (see 2022 Annual Financial Report – chapter 
R&D and Note 22). 
Taxonomy-aligned activities reach a 52.6% share of KPI OPEXt. 
The result is predominantly based on maintenance and repair 
expenses in aligned nuclear facilities and electricity distribution 
infrastructure. 
6.6.1. KPI OPEXt – Additional Information
bill. CZK
%
KPI OPEXt
11.1
100
OPEX - Equipment care
10.1
91.0
OPEX - Research and development - 
operational expenses
1.0
9.0
bill. CZK
%
Aligned OPEXt
5.8 
100
Aligned – sustainable 
0.6
10.7
Aligned – enabling 
1.7 
29.1
Aligned – transitional 
3.5 
60.1
bill. CZK
%
Aligned OPEXt
5.8 
100
Equipment Care 
5.3
90.5
Research and development
0.6
9.5
CEZ Group      Sustainability Report 2022      KPI OPEXt

121
The noneligible category includes both activities with an 
environmental impact and activities without any environmental 
impact, thus outside the scope of taxonomy. We separate 
noneligible activities into two categories – neutral and emission 
activities. 
The largest share of noneligible revenues is represented by 
neutral activities. These activities have low or no impact on the 
environment and are outside the scope of taxonomy. These 
activities are trading and selling commodities (electricity, gas), 
distribution of natural gas, manufacturing of components and 
servicing for energy technologies, ICT and telecommunication 
services, facility management, and other services. We also 
assess the operation of research nuclear reactors of CV Řež 
as a noneligible neutral activity, as it is not included in the EU 
taxonomy classification.
Emission activities are activities considered as noneligible with 
a direct impact on the environment. Emission activities include 
coal mining activities and generation of electricity and heat from 
coal sources. In 2022, the share of noneligible emission activities 
in total CEZ Group revenues was 13%. The share will gradually 
decline following our commitment of a planned coal phase-out 
in line with the SBTi.
Investments to coal energy are oriented towards modernization, 
maintenance, and ecologization of their operation. These 
investments are necessary for energy security and adequate 
heat supply until low-emission and zero-emission sources 
are in operation. Capex in mining activities is oriented towards 
retrofitting and modernization of mining and processing 
technology in line with development plans for current mining 
locations. Opex in noneligible activities is mainly connected to 
repair and maintenance of coal power plants and maintenance 
of mining equipment.
6.7. Noneligible Activities
CEZ Group      Sustainability Report 2022

122
Since 2023, an additional obligation has been introduced related to the detailed reporting of newly classified eligible activities 
(nuclear and natural gas energy). To meet this obligation, CEZ Group uses the statement below that contains information according 
to the templates on exposure to these activities. We have chosen a compressed report over individual templates as this allows for at 
least the same or better readability and clarity of the information provided. The categories of existing nuclear facilities and gas-fired 
electricity generation are reported separately due to their relevance in relation to the KPIs. The other categories are less significant 
to the Group KPI and are thus bundled by technology (rows 1+2 and 5+6 in tables). All activities have 100% contribution to mitigation 
(CCM) and 0% to adaptation (CCA).
row
Template 1: Exposure to nuclear and natural gas activities
Code
Revenues
CAPEXt
OPEXt
1, 2
Generation - new nuclear sources and R&D9)
4.26 + 4.27
NO
YES
NO
3
Generation - existing nuclear sources
4.28
YES
YES
YES
4
Generation - electricity from natural gas
4.29
YES
YES
YES
5, 6
Generation - heat and cogeneration from natural gas
4.30 + 4.31
YES
YES
YES
Template number
2
row
Taxonomy-aligned activities
Code
Climate change - mitigation
Revenues
CAPEXt
OPEXt
bill. CZK
%
bill. CZK
%
bill. CZK
%
1, 2
Generation - new nuclear sources and R&D
4.26 + 4.27
0.0
0.0
0.4
1.2
0.0
0.0
3
Generation - existing nuclear sources
4.28
33.5
11.6
3.7
11.0
3.5
31.6
4
Generation - electricity from natural gas
4.29
0.0
0.0
0.0
0.0
0.0
0.0
5, 6
Generation - heat and cogeneration from natural gas
4.30 + 4.31
0.0
0.0
0.0
0.0
0.0
0.0
7
Other aligned activities (A.1.1; A1.3; A.1.4)
---
63.6
22.1
17.8
53.1
2.3
21.0
8
TOTAL KPI (denominator)
---
288.5
100
33.6
100
11.1
100
Template number
3
4
5
row
Revenues
Code
Climate change - mitigation
Aligned 
Eligible, not aligned
Noneligible 
bill. CZK
%
bill. CZK
%
bill. CZK
%
1, 2
Generation - new nuclear sources and R&D
4.26 + 4.27
0.0
0.0
0.0
0.0
0
0.0
3
Generation - existing nuclear sources
4.28
33.5
34.5
0.0
0.0
0.1
0.0
4
Generation - electricity from natural gas
4.29
0.0
0.0
7.6
58.3
0
0.0
5, 6
Generation - heat and cogeneration from natural gas
4.30 + 4.31
0.0
0.0
1.7
13.1
0
0.0
7
OTHER ACTIVITIES not referred above in rows 1-6
---
63.6
65.5
3.7
28.6
        178.3 
100
8
KPI TOTAL of given category
 
97.1
100
13.0
100
178.4
100
6.8. Disclosure According to Annex 12 of Regulation 
2021/2178
9) R&D is used here as a simplified label for 4.26: Research, Development, Demonstration and Deployment of innovative electricity generation facilities that produce 
energy from nuclear processes with minimal waste from the fuel cycle (i.e., innovation in the form of the 4th generation of reactors).
CEZ Group      Sustainability Report 2022

123
Template number
3
4
5
row
CAPEXt
Code
Climate change - mitigation
Aligned 
Eligible, not aligned
Noneligible 
bill. CZK
%
bill. CZK
%
bill. CZK
%
1, 2
Generation - new nuclear sources and R&D
4.26 + 4.27
0.4
1.9
0.0
0.0
0
0.0
3
Generation - existing nuclear sources
4.28
3.7
16.8
0.0
0.0
0.0
0.0
4
Generation - electricity from natural gas
4.29
0.0
0.0
0.0
0.3
0
0.0
5, 6
Generation - heat and cogeneration from natural gas
4.30 + 4.31
0.0
0.0
0.4
19.4
0
0.0
7
OTHER ACTIVITIES not referred above in rows 1-6
---
17.8
81.3
1.8
80.4
           9.4 
100
8
KPI TOTAL of given category
 
21.9
100
2.3
100
9.4
100
Template number
3
4
5
row
OPEXt
Code
Climate change - mitigation
Aligned 
Eligible, not aligned
Noneligible 
bill. CZK
%
bill. CZK
%
bill. CZK
%
1, 2
Generation - new nuclear sources and R&D
4.26 + 4.27
0.0
0.0
0.0
0.0
0.0
0.0
3
Generation - existing nuclear sources
4.28
3.5
60.1
0.0
0.0
0.1
2.4
4
Generation - electricity from natural gas
4.29
0.0
0.0
0.0
5.2
0.0
0.0
5, 6
Generation - heat and cogeneration from natural gas
4.30 + 4.31
0.0
0.0
0.1
16.4
0.0
0.0
7
OTHER ACTIVITIES not referred above in rows 1-6
---
2.3
39.9
0.7
78.4
4.3
97.6
8
KPI TOTAL of given category
 
5.8
100
0.8
100
4.4
100
CEZ Group      Sustainability Report 2022      Disclosure According to Annex 12 of Regulation 2021/2178

124
We are preparing 
the  construction  
of  small  modular   
reactors

The data in the tables represent CEZ Group companies in Czechia and abroad whose operations are consolidated 
into CEZ Group’s results using the full method (i.e., they do not include joint ventures and affiliates in which the 
parent company ČEZ, a. s., does not have control and which are consolidated using the equity method) as of 
December 31, 2022.
Due to rounding, some totals may not match the sums of separate figures.
GRI Content Index 
and Non-Financial 
Data 2022 
7

126
7.1. Selected Indicators
Parameter
Unit
2022
2021
2020
SDG
Headcount employees
Persons
28,727
28,043
32,555
SDG 8.5
SDG 10.3
Employees by gender
(1) women
(2) men
Persons
(1) 6,049
(2) 22,678
(1) 5,751
(2) 22,292
(1) 6,972
(2) 25,583
SDG 8.5
SDG 10.3
Employees by gender
(1) women
(2) men
%
(1) 21.1
(2) 78.9
(1) 20.5
(2) 79.5
(1) 21.4
(2) 78.6
SDG 8.5
SDG 10.3
Employees by region
(1) Czechia 
(2) Germany
(3) Poland
(4) Other countriesa)
Persons
(1) 23,929
(2) 3,171
(3) 890
(4) 737
(1) 22,729
(2) 3,862
(3) 873
(4) 579
(1) 22,565
(2) 3,598
(3) 877
(4) 5,515
SDG 5.1
SDG 8.5
SDG 10.3
Employees by region
(1) Czechia
(2) Germany
(3) Poland
(4) Other countriesa)
%
(1) 83.3
(2) 11.0
(3) 3.1
(4) 2.6
(1) 81.1
(2) 13.8
(3) 3.1
(4) 2.1
(1) 69.3
(2) 11.1
(3) 2.7
(4) 16.9
SDG 5.1
SDG 8.5
SDG 10.3
Employees by age
(1) ≤29 years
(2) 30-49 years
(3) ≥50 years
Persons
(1) 3,511
(2) 13,932
(3) 11,284
(1) 3,920
(2) 13,375
(3) 10,748
(1) 4,402
(2) 15,901
(3) 12,252
SDG 5.1
SDG 8.5
SDG 10.3
Employees by age
(1) ≤29 years
(2) 30-49 years
(3) ≥50 years
%
(1) 12.2
(2) 48.5
(3) 39.3
(1) 14.0
(2) 47.7
(3) 38.3
(1) 13.5
(2) 48.8
(3) 37.6
SDG 5.1
SDG 8.5
SDG 10.3
Employees by education
(1) primary
(2) secondary
(3) university
Persons
(1) 1,240
(2) 19,068
(3) 8,419
(1) 1,273
(2) 18,843
(3) 7,927
(1) 1,239
(2) 21,480
(3) 9,836
SDG 5.1
SDG 8.5
SDG 10.3
Employees by education
(1) primary
(2) secondary
(3) university
%
(1) 4.3
(2) 66.4
(3) 29.3
(1) 4.5
(2) 67.2
(3) 28.3
(1) 3.8
(2) 66.0
(3) 30.2
SDG 5.1
SDG 8.5
SDG 10.3
Diversity of governance bodies by gender
(1) women
(2) men
Persons
(1) 79
(2) 446
(1) 68
(2) 488
(1) 86
(2) 527
SDG 5.1
SDG 8.5
SDG 10.3
Diversity of governance bodies by gender
(1) women
(2) men
%
(1) 15.0
(2) 85.0
(1) 12.2
(2) 87.8
(1) 14.0
(2) 86.0
SDG 5.1
SDG 8.5
SDG 10.3
Diversity of governance bodies by age
(1) ≤29 years
(2) 30-49 years
(3) ≥50 years
Persons
(1) 0
(2) 261
(3) 264
(1) 2
(2) 285
(3) 269
(1) 5
(2) 327
(3) 281
SDG 5.1
SDG 8.5
SDG 10.3
Diversity of governance bodies by age
(1) ≤29 years
(2) 30-49 years
(3) ≥50 years
%
(1) 0.0
(2) 49.7
(3) 50.3
(1) 0.4
(2) 51.3
(3) 48.4
(1) 0.8
(2) 53.3
(3) 45.8
SDG 5.1
SDG 8.5
SDG 10.3
Energy consumption within the organization
TJ
336,393
344,176
379,855
SDG 7.3
SDG 8.4
SDG 12.2
SDG 13.1
Energy consumption in fuel for electricity and heat production
(1) non-renewable fuels
(2) renewable fuels
TJ
(1) 513,851
(2) 9,668
(1) 523,583
(2) 12,408
(1) 563,471
(2) 14,967
SDG 7.3
SDG 8.4
SDG 12.2
SDG 13.1
Renewable energy from non-fuel sources
TJ
6,936
7,351
10,320
SDG 7.3
SDG 8.4
SDG 12.2
SDG 13.1
Sold energy
TJ
194,061
199,166
208,903
SDG 7.3
SDG 8.4
SDG 12.2
SDG 13.1
   of which
   (1) electricity
   (2) heat
   (3) cooling
   (4) steam
TJ
(1) 170,543
(2) 23,465
(3) 53
(4) 0
(1) 172,773
(2) 26,393
(3) N/A
(4) N/A
(1) 184,921
(2) 23,982
(3) N/A
(4) N/A
SDG 7.3
SDG 8.4
SDG 12.2
SDG 13.1
Energy intensity
-
2.70
2.69
2.77
SDG 7.3
SDG 8.4
SDG 12.2
Total water withdrawal
ML
578,996
525,431
592,478
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
Surface water (total)
ML
574,591
521,149
586,628
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
CEZ Group      Sustainability Report 2022

127
Parameter
Unit
2022
2021
2020
SDG
   Freshwater (≤ 1000 mg/L Total Dissolved Solids)
ML
574,591
521,149
586,628
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
   Other water (› 1000 mg/L Total Dissolved Solids)
ML
N/A
N/A
N/A
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
Groundwater (total)
ML
511
459
432
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
   Freshwater (≤ 1000 mg/L Total Dissolved Solids)
ML
511
459
432
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
   Other water (› 1000 mg/L Total Dissolved Solids)
ML
N/A
N/A
N/A
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
Produced water (total)
ML
N/A
N/A
N/A
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
   Freshwater (≤ 1000 mg/L Total Dissolved Solids)
ML
N/A
N/A
N/A
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
   Other water (› 1000 mg/L Total Dissolved Solids)
ML
N/A
N/A
N/A
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
Total third-party water withdrawal
ML
3,895
3,824
5,417
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
   Freshwater (≤ 1000 mg/L Total Dissolved Solids)
      of which in water stress areas
ML
3,895
4.5
3,824
0.0
5,417
22.4
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
   Other water (› 1000 mg/L Total Dissolved Solids)
ML
N/A
N/A
N/A
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
Total third-party water withdrawal by withdrawal source
(1) Surface water
      of which in water stress areas
(2) Groundwater
(3) Produced water
ML
(1) 3,335
4.5
(2) 560
(3) N/A
(1) 3,262
0.0
(2) 562
(3) N/A
(1) 4,784
22.4
(2) 633
(3) N/A
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
Total water withdrawal in water stressed areas
ML
4.5
0.0
22.4
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
Total water withdrawal in water stressed areas
%
0.0
0.0
0.0
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
CEZ Group      Sustainability Report 2022      Selected Indicators

128
Parameter
Unit
2022
2021
2020
SDG
Total water discharge
ML
491,821
443,277
498,003
SDG 6.3
SDG 6.4
SDG 14.1
   Surface water
ML
489,491
440,495
496,136
SDG 6.3
SDG 6.4
SDG 14.1
   Groundwater
ML
0.4
0.4
0.4
SDG 6.3
SDG 6.4
SDG 14.1
   Third-party water (total)
      of which in water stress areas
ML
2,330
3.8
2,782
0.0
1,866
22.4
SDG 6.3
SDG 6.4
SDG 14.1
      Third-party water sent for use  to other organisations
ML
618
847
951
SDG 6.3
SDG 6.4
SDG 14.1
   Water discharge: Freshwater (≤ 1000 mg/L Total Dissolved Solids)
      of which in water stress areas
ML
490,667
3.8
442,568
0.0
496,070
22.4
SDG 6.3
SDG 6.4
SDG 14.1
   Water discharge: Other water (› 1000 mg/L Total Dissolved 
Solids)
ML
1,155
709
1,933
SDG 6.3
SDG 6.4
SDG 14.1
   Water discharge by level of treatment: No treatment
      of which in water stress areas
ML
477,876
3.8
426,800
0.0
477,001
22.4
SDG 3.9
SDG 6.3
SDG 6.4
SDG 14.1
   Water discharge by level of treatment: After treatment
ML
13,945
16,477
21,002
SDG 3.9
SDG 6.3
SDG 6.4
SDG 14.1
Total water consumption
ML
87,175
82,154
94,475
SDG 6.3
SDG 6.4
SDG 6.5
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
Total water consumption in areas with water stress
ML
0.7
0.0
0.0
SDG 6.3
SDG 6.4
SDG 6.5
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
Water withdrawn per electricity and heat generated
m3/MWh
9.32
8.15
8.61
SDG 6.3
SDG 6.4
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
Water discharged per electricity and heat generated
m3/MWh
7.91
6.88
7.24
SDG 6.3
SDG 6.4
SDG 14.1
Water consumption per electricity and heat generated
m3/MWh
1.40
1.27
1.37
SDG 6.3
SDG 6.4
SDG 6.5
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
Scope 1 emissions under ETS
%
97
97
96
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
Scope 1 emissions
tCO2e
18,161,112
18,987,5601)
23,468,3151)
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
   of which
   (1) Czechia
   (2) Slovakia
   (3) Poland
   (4) Romania
   (5) Other countriesb)
tCO2e
(1) 15,801,938
(2) 27,260
(3) 2,326,278
(4) 292
(5) 5,343
(1) 16,612,443
(2) 31,919
(3) 2,337,647
(4) 260
(5) 5,290
(1) 20,869,951
(2) 27,930
(3) 2,562,963
(4) 2,375
(5) 5,095
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
CEZ Group      Sustainability Report 2022      Selected Indicators

129
Parameter
Unit
2022
2021
2020
SDG
Fossil fuels emissions
tCO2e
17,851,569
18,702,178
22,458,780
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
   of which
   (1) Czechia
   (2) Slovakia
   (3) Poland
   (4) Romania
   (5) Other countriesb)
tCO2e
(1) 15,557,544
(2) 25,672
(3) 2,268,333
(4) 11
(5) 9
(1) 16,373,673
(2) 30,633
(3) 2,297,862
(4) 10
(5) 0
(1) 20,121,665
(2) 27,036
(3) 2,310,079
(4) 0
(5) 0
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
CH4 source emissions
tCO2e
75,885
80,9131)
75,2901)
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
   of which
   (1) Czechia
   (2) Slovakia
   (3) Poland
   (4) Romania
   (5) Other countriesb)
tCO2e
(1) 75,362
(2) 135
(3) 273
(4) 0
(5) 116
(1) 80,477
(2) 145
(3) 286
(4) 6
(5) 0
(1) 72,420
(2) 99
(3) 2 771
(4) 0
(5) 0
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
N2O source emissions
tCO2e
156,730
119,6931)
536,5441)
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
   of which
   (1) Czechia
   (2) Slovakia
   (3) Poland
   (4) Romania
   (5) Other countriesb)
tCO2e
(1) 98,845
(2) 832
(3) 56,377
(4) 0
(5) 677
(1) 80,567
(2) 900
(3) 38,175
(4) 51
(5) 0
(1) 285,891
(2) 595
(3) 250,058
(4) 0
(5) 0
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
Fugitive CH4 emissions from coal mining
tCO2e
15,564
26,7001)
335,5221)
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
   of which
   (1) Czechia
   (2) Slovakia
   (3) Poland
   (4) Romania
   (5) Other countriesb)
tCO2e
(1) 15,564
(2) 0
(3) 0
(4) 0
(5) 0
(1) 26,700
(2) 0
(3) 0
(4) 0
(5) 0
(1) 335,522
(2) 0
(3) 0
(4) 0
(5) 0
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
Emissions from transport
tCO2e
53,997
54,613
57,640
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
   of which
   (1) Czechia
   (2) Slovakia
   (3) Poland
   (4) Romania
   (5) Other countriesb)
tCO2e
(1) 47,359
(2) 590
(3) 1 225
(4) 281
(5) 4,542
(1) 47,683
(2) 176
(3) 1,271
(4) 193
(5) 5,290
(1) 50,733
(2) 139
(3) 55
(4) 2,375
(5) 4,338
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
CEZ Group      Sustainability Report 2022      Selected Indicators

130
Parameter
Unit
2022
2021
2020
SDG
HFC, PFC and CH4 apart from facility operations
   of which emissions of ozone-depleting substances (ODS) - 
leakages
tCO2e
2,028
0.00
1,4031)
6.08
1,2521)
5.88
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
   of which
   (1) Czechia
   (2) Slovakia
   (3) Poland
   (4) Romania
   (5) Other countriesb)
tCO2e
(1) 1,958
(2) 0
(3) 70
(4) 0
(5) 0
(1) 1,349
(2) 0
(3) 54
(4) 0
(5) 0
(1) 1,252
(2) 0
(3) 0
(4) 0
(5) 0
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
SF6
tCO2e
5,220
1,8351)
2,2721)
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
   of which
   (1) Czechia
   (2) Slovakia
   (3) Poland
   (4) Romania
   (5) Other countriesb)
tCO2e
(1) 5,220
(2) 0
(3) 0
(4) 0
(5) 0
(1) 1,835
(2) 0
(3) 0
(4) 0
(5) 0
(1) 2,272
(2) 0
(3) 0
(4) 0
(5) 0
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
Emissions from non-generation diesel generators
tCO2e
106
224
1 014
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
   of which
   (1) Czechia
   (2) Slovakia
   (3) Poland
   (4) Romania
   (5) Other countriesb)
tCO2e
(1) 74
(2) 32
(3) 0
(4) 0
(5) 0
(1) 159
(2) 65
(3) 0
(4) 0
(5) 0
(1) 195
(2) 62
(3) 0
(4) 0
(5) 757
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
Fugitive CH4 emissions from landfill
tCO2e
13
11)
11)
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
   of which
   (1) Czechia
   (2) Slovakia
   (3) Poland
   (4) Romania
   (5) Other countriesb)
tCO2e
(1) 13
(2) 0
(3) 0
(4) 0
(5) 0
(1) 1
(2) 0
(3) 0
(4) 0
(5) 0
(1) 1
(2) 0
(3) 0
(4) 0
(5) 0
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
Biomass emissions
tCO2e
1,063,632
1,293,425
1,534,381
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
   of which
   (1) Czechia
   (2) Slovakia
   (3) Poland
   (4) Romania
   (5) Other countriesb)
tCO2e
(1) 651,536
(2) 37,340
(3) 355,396
(4) 0
(5) 19,361
(1) 844,972
(2) 39,665
(3) 408,788
(4) 0
(5) 0
(1) 865,945
(2) 39,369
(3) 629,067
(4) 0
(5) 0
SDG 3.9
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
SDG 14.3
SDG 15.2
CEZ Group      Sustainability Report 2022      Selected Indicators

131
Parameter
Unit
2022
2021
2020
SDG
Scope 2 emissions
tCO2e
0
142,698
333,409
SDG 3.9
SDG 12.4
SDG 13.1
SDG 14.3
SDG 15.2
Scope 3 emissions
tCO2e
12,262,775
10,517,2401)
13,706,1981)
SDG 3.9
SDG 12.4
SDG 13.1
SDG 14.3
SDG 15.2
   of which
   (1) Category 1 - Purchased goods and services
   (2) Category 3 - Fuel and energy related activities
   (3) Category 11 - Use of sold products
   (4) Category 15 - Investments - NEW
tCO2e
(1) 29,977
(2) 539,640
(3) 11,265,875
(4) 427,283
(1) 40,428
(2) 1,265,0851)
(3) 9,211,7271)
(4) N/A
(1) 48,6112)
(2) 1,825,3061)
(3) 11,832,2811)
(4) N/A
SDG 3.9
SDG 12.4
SDG 13.1
SDG 14.3
SDG 15.2
Emission intensity
tCO2e/MWh
0.29
0.29
0.34
SDG 13.1
SDG 14.3
SDG 15.2
Particulate matter (PM) emissions
t
635
823
1,311
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
PM per electricity and heat generated
kg/MWh
0.010
0.013
0.019
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
PM10 emissions
t
499
649
1,044
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
PM10 emissions, percentage in or near areas of dense 
population
%
97.4
97.8
97.7
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
Sulfur dioxide (SO2) emissions
t
6,323
7,812
14,253
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
SO2 per electricity and heat generated
kg/MWh
0.102
0.121
0.207
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
Sulfur oxides SOx (SO2 and SO3) emissions
t
6,475
7,920
14,385
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
Sulfur oxides SOx (SO2 and SO3) emissions, percentage 
in or near areas of dense population
%
98.9
99.42)
99.12)
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
Nitrogen oxides (NOx) emissions (excluding N2O)
t
12,964
14,306
19,365
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
Nitrogen oxides (NOx) emissions (excluding N2O), 
percentage in or near areas of dense population
%
98.0
98.32)
98.82)
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
NOx per electricity and heat generated
kg/MWh
0.209
0.222
0.281
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
Lead (Pb) emissions
t
1.18
0.90
1.65
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
Lead (Pb) emissions, percentage in or near areas of dense 
population
%
96.7
98.72)
99.32)
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
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132
Parameter
Unit
2022
2021
2020
SDG
Mercury (Hg) emissions
t
0.71
1.11
1.41
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
Mercury (Hg) emissions, percentage in or near areas of dense 
population
%
99.1
99.52)
99.82)
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
Volatile organic compounds (VOC) - NEW
t
25
N/A
N/A
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
Persistent organic pollutants (POPs) - NEW
kg
32
N/A
N/A
SDG 3.9
SDG 11.6
SDG 12.4
SDG 14.3
SDG 15.2
Weight of generated waste
t
49,899
62,566
67,692
SDG 3.9
SDG 6.6
SDG 11.6
SDG 12.4
SDG 12.5
SDG 15.1
   of which
   (1) non-hazardous
   (2) hazardous
   (3) radioactive waste
t
(1) 47,738
(2) 1,733
(3) 428
(1) 59,235
(2) 2,994
(3) 337
(1) 64,344
(2) 3,035
(3) 313
SDG 3.9
SDG 6.6
SDG 11.6
SDG 12.4
SDG 12.5
SDG 15.1
Weight of waste diverted from disposal
t
49,127
65,860
31,747
SDG 3.9
SDG 11.6
SDG 12.4
SDG 12.5
SDG 15.1
   of which
   (1) non-hazardous
   (2) hazardous waste
t
(1) 48,790
(2) 337
(1) 64,485
(2) 1,375
N/A
SDG 3.9
SDG 11.6
SDG 12.4
SDG 12.5
SDG 15.1
Non-hazardous waste diverted from disposal
(1) Preparation for reuse
(2) Recycling
(3) Composting
(4) Other recovery options
t
(1) 6,128
(2) 17,152
(3) 15,727
(4) 9,783
(1) 17,378
(2) 14,532
(3) 20,556
(4) 12,019
N/A
SDG 3.9
SDG 11.6
SDG 12.4
SDG 12.5
SDG 15.1
Hazardous waste diverted from disposal
(1) Preparation for reuse
(2) Recycling
(3) Other recovery options
t
(1) 1
(2) 271
(3) 65
(1) 188
(2) 584
(3) 603
N/A
SDG 3.9
SDG 11.6
SDG 12.4
SDG 12.5
SDG 15.1
Weight of waste directed to disposal
t
24,993
21,071
35,632
SDG 3.9
SDG 6.6
SDG 11.6
SDG 12.4
SDG 12.5
SDG 15.1
   of which
   (1) non-hazardous
   (2) hazardous
   (3) radioactive waste
t
(1) 22,989
(2) 1,576
(3) 428
(1) 19,116
(2) 1,618
(3) 337
(1) N/A
(2) N/A
(3) 313
SDG 3.9
SDG 6.6
SDG 11.6
SDG 12.4
SDG 12.5
SDG 15.1
Non-hazardous waste directed to disposal
(1) Recovery incl. Energy
(2) Incineration
(3) Landfill
(4) Other disposal options
t
(1) 76
(2) 117
(3) 16,638
(4) 6,158
(1) 95
(2) 14
(3) 10,636
(4) 8,370
N/A
SDG 3.9
SDG 6.6
SDG 11.6
SDG 12.4
SDG 12.5
SDG 15.1
Hazardous waste directed to disposal
(1) Recovery incl. Energy
(2) Incineration
(3) Landfill
(4) Other disposal options
t
(1) 296
(2) 36
(3) 193
(4) 1,051
(1) 154
(2) 26
(3) 589
(4) 849
N/A
SDG 3.9
SDG 6.6
SDG 11.6
SDG 12.4
SDG 12.5
SDG 15.1
Non-hazardous waste produced per electricity and heat 
generated
kg/MWh
0.77
0.92
0.93
SDG 3.9
SDG 6.6
SDG 11.6
SDG 12.4
SDG 12.5
SDG 15.1
CEZ Group      Sustainability Report 2022      Selected Indicators

133
Parameter
Unit
2022
2021
2020
SDG
Hazardous waste produced per electricity 
and heat generated
kg/MWh
0.03
0.05
0.04
SDG 3.9
SDG 6.6
SDG 11.6
SDG 12.4
SDG 12.5
SDG 15.1
Waste produced by waste streams - NEW
(1) Waste from power stations and other combustion plants 
that is not recoverable
(2) Waste metals (including their alloys)
(3) Construction and demolition waste
(4) Sewage treatment plant waste and sewage sludge
(5) Engine, gear and lubricating waste oils and oil separator 
waste (hazardous waste stream)
t
(1) 9,092
(2) 7,686
(3) 5,066
(4) 4,611
(5) 481
N/A
N/A
SDG 3.9
SDG 6.6
SDG 11.6
SDG 12.4
SDG 12.5
SDG 15.1
Significant spills
Number
14
252)
25
SDG 3.9
SDG 6.6
SDG 12.4
SDG 15.1
Significant spills into
(1) water
(2) soil
L
(1) 30
(2) 227
(1) 78
(2) 7992)
(1) 0.25
(2) 992
SDG 3.9
SDG 6.6
SDG 12.4
SDG 15.1
Fatalities (employees)
Number
0
1
3
SDG 3.6
SDG 8.7
SDG 8.8
SDG 16.1
Fatalities (employees)c)
Rate
0.00
0.02
N/A
SDG 3.6
SDG 8.7
SDG 8.8
SDG 16.1
High-consequence work-related injuries (employees) - NEW
Number
7
N/A
N/A
SDG 3.6
SDG 8.7
SDG 8.8
SDG 16.1
High-consequence work-related injuries (employees)c) - NEW
Rate
0.16
N/A
N/A
SDG 3.6
SDG 8.7
SDG 8.8
SDG 16.1
Recordable work-related injuries (employees)
Number
580
N/A3)
N/A3)
SDG 3.6
SDG 8.7
SDG 8.8
SDG 16.1
Recordable work-related injuries (employees)c)
Rate
13.00
N/A
N/A
SDG 3.6
SDG 8.7
SDG 8.8
SDG 16.1
Work-related injuries with absence of one day or more 
(employees) - NEW
Number
134
N/A
N/A
SDG 3.6
SDG 8.7
SDG 8.8
SDG 16.1
Lost Time Injury Frequency Rate (LTIFR) (employees)c)
Rate
3.004)
2.894)
N/A
SDG 3.6
SDG 8.7
SDG 8.8
SDG 16.1
Work-related injuries resulting in more than 3 days away from 
work (employees)
Number
130
130
147
SDG 3.6
SDG 8.7
SDG 8.8
SDG 16.1
Hours worked (employees)
Number
44,601,279
44,940,976
N/A
SDG 3.6
SDG 8.7
SDG 8.8
SDG 16.1
Main types of work-related injuries
-
Section 4.3.6.3
Section 4.3.5.4
Section 8, 
p. 186
SDG 3.6
SDG 8.7
SDG 8.8
SDG 16.1
Fatalities (suppliers)
Number
0
1
0
SDG 3.6
SDG 8.7
SDG 8.8
SDG 16.1
High-consequence work-related injuries (suppliers) - NEW
Number
5
N/A
N/A
SDG 3.6
SDG 8.7
SDG 8.8
SDG 16.1
Reported work-related injuries (suppliers)
Number
60
25
81
SDG 3.6
SDG 8.7
SDG 8.8
SDG 16.1
CEZ Group      Sustainability Report 2022      Selected Indicators

134
Parameter
Unit
2022
2021
2020
SDG
Average hours of training per year per employee
Hrs
42.1
31.4
37.75)
SDG 4.3
SDG 4.4
SDG 4.5
SDG 5.1
SDG 8.2
SDG 8.5
SDG 10.3
Absolute hours of training per year
Hrs
1,208,721
879,870
664,615
SDG 4.3
SDG 4.4
SDG 4.5
SDG 5.1
SDG 8.2
SDG 8.5
SDG 10.3
a) More details on other countries can be found in the relevant CEZ Group Annual Report.	
b) Other countries include: Bulgaria, France, Germany, Austria, Hungary, Serbia, Netherlands, Italy.	
c) Rate calculated per 1,000,000 hours worked.	
	
1) Data recalculated and corrected using GWP coefficients from the IPCC Sixth Assessment Report for a 100-year time horizon.	
2) Data corrected.	
3) In 2020 and 2021 only data for work-related injuries resulting in more than 3 days away from work were collected.	
4) In 2021, the indicator was calculated on a pilot basis as number of reported work-related injuries resulting in more than 3 days away from work. From 2022 
onwards, the indicator will be calculated on the basis of reported work-related injuries with an absence of 1 day or more.	
5) Indicator includes ČEZ, a. s., and selected subsidiaries.	
CEZ Group      Sustainability Report 2022      Selected Indicators

135
7.2. Other Indicators
Parameter
Unit
2022
2021
2020
SDG
Name  of the organisation
-
Section 2.1
AFR p. 164
Section 2.1
AR p. 166
Section 1.0, p. 15
Activities, brands, products and services
-
Section 2.1
AFR p. 2
Section 2.1
AR p. 2
Section 1.1, 
pp. 15-16
Location of headquarters
-
AFR p. 164
Section 2.1
AR p. 166
Section 1.0, p. 15
Locations of operations
-
AFR p. 2
Section 2.1
AR p. 2
Section 1.0, p. 15
Ownership and legal form
-
AFR p. 164
Section 2.1
AR p. 166
Section 1.0, p. 15
Markets served
-
Section 2.1
AFR p. 2
Section 2.1
AR p. 2
Section 1.0, p. 15
Scale of organisation
-
AFR p. 12
Section 2.1
AR p. 2
Section 1.0, p. 15
AR p. 11
Fixed contract by gender
(1) women
(2) men
Persons
(1) 861
(2) 1,729
(1) 8991)
(2) 1,9591)
(1) 929
(2) 1,661
SDG 8.5
SDG 10.3
Indefinite contract by gender
(1) women
(2) men
Persons
(1) 5,188
(2) 20,949
(1) 4,8341)
(2) 20,2031)
(1) 6,043
(2) 23,922
SDG 8.5
SDG 10.3
Fixed contract by region
(1) Czechia
(2) Abroad
Persons
(1) 2,298
(2) 292
(1) 2,0221)
(2) 8331)
(1) 2,029
(2) 561
SDG 8.5
SDG 10.3
   of which fixed contract abroad - NEW
   (1) Germany
   (2) Poland
   (3) Other countriesa)
Persons
(1) 169
(2) 82
(3) 41
N/A
N/A
SDG 8.5
SDG 10.3
Indefinite contract by region
(1) Czechia
(2) Abroad
Persons
(1) 21,631
(2) 4,506
(1) 20,6961)
(2) 4,3441)
(1) 20,546
(2) 9,419
SDG 8.5
SDG 10.3
   of which indefinite contract abroad - NEW
   (1) Germany
   (2) Poland
   (3) Other countriesa)
Persons
(1) 3,002
(2) 808
(3) 696
N/A
N/A
SDG 8.5
SDG 10.3
Full-time by gender
(1) women
(2) men
Persons
(1) 5,633
(2) 22,329
(1) 5,3431)
(2) 21,8111)
(1) 6,633
(2) 25,231
SDG 8.5
SDG 10.3
Part-time by gender
(1) women
(2) men
Persons
(1) 432
(2) 333
(1) 3881)
(2) 3531)
(1) 340
(2) 351
SDG 8.5
SDG 10.3
Full-time by region - NEW
(1) Czechia
(2) Germany
(3) Poland
(4) Other countriesa)
Persons
(1) 23,558
(2) 2,833
(3) 875
(4) 696
N/A
N/A
SDG 8.5
SDG 10.3
Part-time by region - NEW
(1) Czechia
(2) Germany
(3) Poland
(4) Other countriesa)
Persons
(1) 371
(2) 338
(3) 15
(4) 41
N/A
N/A
SDG 8.5
SDG 10.3
Non-guaranteed hours employees by gender - NEW
(1) women
(2) men
Persons
(1) 776
(2) 1,159
N/A
N/A
SDG 8.5
SDG 10.3
Non-guaranteed hours employees by region - NEW
(1) Czechia
(2) Abroad
Persons
(1) 1,830
(2) 105
N/A
N/A
SDG 8.5
SDG 10.3
Workers who are not employees (headcount at the end 
of the reporting period) - NEW
Persons
 6,854 
N/A
N/A
SDG 8.5
SDG 10.3
Workers who are not employees (most common types 
of workers) - NEW
-
self-employed/
contractors 
(agreement to 
perform work or to 
complete a job)/
suppliers´ workers/
apprentices/interns
N/A
N/A
SDG 8.5
SDG 10.3
Workers who are not employees (type of work performed) - 
NEW
-
mining services, 
construction works, 
installations, repair 
and maintenance, 
administrative 
works, customer 
services, IT services
N/A
N/A
SDG 8.5
SDG 10.3
Diversity of managerial positions by gender
(1) women
(2) men
Persons
(1) 488
(2) 3,578
(1) 410
(2) 2,628
(1) 552
(2) 2,891
SDG 5.1
Diversity of managerial positions by gender
(1) women
(2) men
%
(1) 12.0
(2) 88.0
(1) 13.5
(2) 86.5
(1) 16.0
(2) 84.0
SDG 5.1
CEZ Group      Sustainability Report 2022

136
Parameter
Unit
2022
2021
2020
SDG
Diversity of managerial positions by age
(1) ≤29 years
(2) 30-49 years
(3) ≥50 years
Persons
(1) 136
(2) 2,157
(3) 1,773
(1) 68
(2) 1,690
(3) 1,280
N/A
SDG 5.1
Diversity of managerial positions by age
(1) ≤29 years
(2) 30-49 years
(3) ≥50 years
%
(1) 3.3
(2) 53.1
(3) 43.6
(1) 2.2
(2) 55.6
(3) 42.1
N/A
SDG 5.1
Supply chain
-
Section 5.4.2
Section 5.4.2
Section 3.0, p. 90
Significant changes to the organization and its supply chain
-
AFR pp. 160-161
Section 5.4.2
AR p. 154
Section 5.4.2
AR pp. 143, 268
Section 3.0, p. 93
Precautionary Principle or approach
-
Section 5.4.1.11
Section 5.4.1.10
Section 2.5, p. 33
External initiatives
-
External initiatives
Link to web
Section 9.1, p. 
213
Membership associations
-
Membership 
associations
Link to web
Section 9.1, p. 
213
Statement from senior decision-maker
-
Section 1.1
Section 1.1
p. 7
Key impacts, risks, and opportunities
-
Section 1.1, 2.1
AFR pp. 24-25, 
58-59
Section 1.1, 2.1
AR p. 26
Section 2.1, p. 19
AR p. 24
Values, principles, standards, and norms of behavior
-
Section 5.4.1
Section 5.4.1
Section 2.5, p. 27
SDG 16.3
Mechanism for advice and concerns about ethics
-
Section 5.4.1
Section 5.4.1
N/A
SDG 16.3
Governance structure
-
Section 5.1
Section 5.1
 Section 2.5, p. 26
AR pp. 38, 162
Consulting stakeholders on economic, environmental, 
and social topics
-
Section 2.2
Section 2.2
N/A
SDG 16.7
Composition of the highest governance body and its 
committees
-
AFR pp. 30-56
AR pp. 32-53
AR pp. 38-60
SDG 5.5
SDG 16.7
Independent members of the Supervisory Boardb)
Persons
6 out of 11
6 out of 12
N/A
Independent members of the Supervisory Boardb)
%
55
50
N/A
Role of highest governance body in setting purpose, 
values, and strategy
-
Section 5.1
Section 5.1
N/A
Annual total compensation ratioc)
Ratio
46.01
48.30
50.30
Annual total compensation percentage increase ratioc)
Ratio
0.20
0.00
0.07
Collective bargaining agreementsd)
%
78
100
100
SDG 8.8
List of stakeholder groups
-
Section 2.2
Section 2.2
Section 2.7, p. 37
Identifying and selecting stakeholders
-
Section 2.2
Section 2.2
Section 2.7, p. 36
Approach to stakeholder engagement
-
Section 2.2
Section 2.2
Section 2.7, p. 36
Entities included in the consolidated financial statements
-
AFR pp. 103–105
AR pp. 74-76
AR pp. 68-70
Defining report content and topic boundaries
-
Section 2.2
Section 2.1
Section 2.2, p. 24
List of material topics
-
Section 2.2
Section 2.2
Section 2.7, p. 39
Changes in reporting
-
AFR pp. 160-161
AR p. 154
AR p. 143
Reporting period
-
January 1, 2022, 
to December 31, 
2022
January 1, 2021, 
to December 
31, 2021
January 1, 2020, 
to December 31, 
2020
Reporting cycle
-
Yearly
Yearly
Yearly
Publication date of the report
-
May 31, 2023
June 30, 2022
June 23, 2021
Contact point for questions regarding the report
-
esg@cez.cz
esg@cez.cz
energiepro
budoucnost@cez.cz
Claims of reporting in accordance with the GRI Standards
-
Section 7.4
Section 6
Section 8.0, p. 
170
GRI content index
-
Section 7.4
Section 6
Section 8.0, p. 
172
External assurance
-
Section 1.2 and 
p. 163
p. 98
N/A
Management Approach GRI 201
-
Section 4.3.1, 5.2
AFR pp. 16, 106, 
112, 128, 136
Section 5.2
AR pp. 68, 80, 81, 
86, 129, 137
Direct economic value generated and distributed
CZK
AFR pp. 106, 136, 
217, 285, 286, 
290, 291
AR pp. 77, 83, 
128, 217, 287
AR pp. 68, 80, 
81, 86
SDG 8.1
SDG 8.2
SDG 9.1
SDG 9.4
SDG 9.5
Financial implications and other risks and opportunities 
due to climate change
-
Section 5.2
Section 5.2
N/A
SDG 13.1
TCFD implementation
-
Section 5.2
Section 5.2
N/A
SDG 13.1
Defined benefit plan obligations and other retirement plans
-
Section 4.3.1
Section 5.4.3.3
AR p. 139
Financial assistance received from government
CZK
AFR pp. 16 and 128
AR p. 122
AR p. 129
Financial investment contribution
CZK
AFR pp. 16-18 and 
112-113
AR pp. 14-17, 
83
AR pp. 12-15, 80
Total R&D expenses
mil. CZK
982.10
952.40
1,031.00
SDG 9.5
Management Approach GRI 202
-
Section 4.3.1
Section 4.3.1
Section 4.1.2
Ratios of standard entry level wage by gender compared 
to local minimum wagee) 
(1) women
(2) men
Ratio
(1) 2.16
(2) 2.29
(1) 2.18
(2) 2.32
(1) 2.19
(2) 2.31
SDG 1.2
SDG 5.1
SDG 8.5
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137
Parameter
Unit
2022
2021
2020
SDG
Management Approach GRI 203
-
Section 4.1
Section 4.1
Section 1.1
Infrastructure investments and services supported
-
Section 3.5, 4.1 
and 4.4.1.1
Section 4.1
Section 6 and 7
SDG 9.1
SDG 9.4
SDG 11.2
Significant indirect economic impacts
-
Section 3.5, 4.1 
and 4.4.1.1
Section 4.1
Section 6 and 7
SDG 1.2
SDG 1.4
SDG 3.8
SDG 5.4
SDG 8.2
SDG 8.3
SDG 8.5
Management Approach GRI 205
-
Section 5.4.1
Section 5.4.1
Section 2.5
Operations assessed for risks related to corruption
-
Section 5.4.1
Section 5.4.1
Section 2.5
SDG 16.5
Communication and training about anti-corruption policies 
and procedures
-
Section 5.4.1
Section 5.4.1
N/A
SDG 16.5
Communication about anti-corruption policies 
and procedures to governance body members - NEW
(1) Czechia
(2) Abroad
Persons
(1) 227
(2) 86
N/A
N/A
SDG 16.5
Communication about anti-corruption policies 
and procedures to governance body members - NEW
(1) Czechia
(2) Abroad
%
(1) 65.0
(2) 48.9
N/A
N/A
SDG 16.5
Communication about anti-corruption policies 
and procedures to employees - NEW
(1) Czechia
(2) Abroad
Persons
(1) 22,394
(2) 640
N/A
N/A
SDG 16.5
Communication about anti-corruption policies 
and procedures to employees - NEW
(1) Czechia
(2) Abroad
%
(1) 93.6
(2) 13.3
N/A
N/A
SDG 16.5
Communication about anti-corruption policies 
and procedures to employees - NEW
(1) managers
(2) rank-and-file employees
Persons
(1) 2,849
(2) 20,185
N/A
N/A
SDG 16.5
Communication about anti-corruption policies 
and procedures to employees - NEW
(1) managers
(2) rank-and-file employees
%
(1) 70.1
(2) 81.8
N/A
N/A
SDG 16.5
Training about anti-corruption policies and procedures 
to governance body members - NEW
(1) Czechia
(2) Abroad
Persons
(1) 175
(2) 61
N/A
N/A
SDG 16.5
Training about anti-corruption policies and procedures 
to governance body members - NEW
(1) Czechia
(2) Abroad
%
(1) 50.1
(2) 34.7
N/A
N/A
SDG 16.5
Training about anti-corruption policies and procedures 
to employees - NEW
(1) Czechia
(2) Abroad
Persons
(1) 21,213
(2) 233
N/A
N/A
SDG 16.5
Training about anti-corruption policies and procedures 
to employees - NEW
(1) Czechia
(2) Abroad
%
(1) 88.6
(2) 4.9
N/A
N/A
SDG 16.5
Training about anti-corruption policies and procedures 
to employees - NEW
(1) managers
(2) rank-and-file employees
Persons
(1) 2,657
(2) 18,789
N/A
N/A
SDG 16.5
Training about anti-corruption policies and procedures 
to employees - NEW
(1) managers
(2) rank-and-file employees
%
(1) 65.3
(2) 76.2
N/A
N/A
SDG 16.5
Confirmed incidents of corruption and actions taken
Number
0
0
0
SDG 16.5
Management Approach GRI 206
-
Section 5.4.1.10
Section 5.4.1.9
Section 2.5
Legal actions for anti-competitive behavior, anti-trust, 
and monopoly practices
Number
1
1
N/A
SDG 16.3
Management Approach GRI 207
-
Section 5.4.3
Section 5.4.3
N/A
Approach to tax
-
Section 5.4.3
Section 5.4.3
N/A
SDG 1.1
SDG 1.3
SDG 10.4
SDG 17.1
SDG 17.3
Tax governance, control, and risk management
-
Section 5.4.3
Section 5.4.3
N/A
SDG 1.1
SDG 1.3
SDG 10.4
SDG 17.1
SDG 17.3
Stakeholder engagement and management of concerns 
related to tax
-
Section 5.4.3
Section 5.4.3
N/A
SDG 1.1
SDG 1.3
SDG 10.4
SDG 17.1
SDG 17.3
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138
Parameter
Unit
2022
2021
2020
SDG
Tax country-by-country reporting
(1) Czechia
(2) Abroad
bil. CZK
(1) 20.0
(2) 0.2
(1) 5.2
(2) 0.2
(1) 3.2
(2) 0.3
SDG 1.1
SDG 1.3
SDG 10.4
SDG 17.1
SDG 17.3
Management Approach GRI 301
-
Section 3.2.3
N/A
N/A
Non-renewable materials: Fuels (Total amount)
(1) Hard coal
(2) Lignite
(3) Natural gas
(4) Diesel, light fuel oil
(5) Heavy fuel oil
(6) Uranium
kt, 
mil. m3 (gas)
(1) 1,744
(2) 12,469
(3) 541
(4) 2.63
(5) 2.94
(6) 0.07
(1) 1,864
(2) 12,434
(3) 696
(4) 3.07
(5) 2.36
(6) 0.07
(1) 1,450
(2) 12,195
(3) 850
(4) 3.37
(5) 2.24
(6) 0.07
SDG 8.4
SDG 12.2
Non-renewable materials: Fuels (Energy)
(1) Hard coal
(2) Lignite
(3) Natural gas
(4) Diesel, light fuel oil
(5) Heavy fuel oil
(6) Uranium
PJ
(1) 33
(2) 143
(3) 19
(4) 0.11
(5) 0.13
(6) 287
(1) 36
(2) 143
(3) 24
(4) 0.13
(5) 0.10
(6) 289
(1) 27
(2) 136
(3) 29
(4) 0.14
(5) 0.09
(6) 300
SDG 8.4
SDG 12.2
Renewable materials: Fuels (Total amount)
(1) Solid biofuels
(2) Liquid biofuels
(3) Biogas
kt, 
mil. m3 (gas)
(1) 912
(2) 0.00
(3) 0.00
(1) 1,115
(2) 0.23
(3) 1.13
(1) 1,193
(2) 0.22
(3) 1.13
SDG 8.4
SDG 12.2
Renewable materials: Fuels (Energy)
(1) Solid biofuels
(2) Liquid biofuels
(3) Biogas
PJ
(1) 10.4
(2) 0.00
(3) 0.00
(1) 12.4
(2) 0.01
(3) 0.04
(1) 14.5
(2) 0.01
(3) 0.04
SDG 8.4
SDG 12.2
Non-renewable materials: Other
(1) Limestone
(2) Lime
(3) Urea
(4) Ammonia water
kt
(1) 757
(2) 28
(3) 0.03
(4) 1.5
(1) 720
(2) 41
(3) 1.08
(4) 0.5
(1) 807
(2) 34
(3) 6.50
(4) 0.2
SDG 8.4
SDG 12.2
Management Approach GRI 302
-
Section 3.5.7
Section 3.5.7
Section 3.3
Total electricity generated
GWh
54,302
56,0082)
60,946
   percentage in regulated markets
%
0
0
N/A
Total electricity generated, percentage by major energy source 
   of which
   (1) nuclear
   (2) hydro
   (3) photovoltaic
   (4) wind
   (5) coal
   (6) natural gas
   (7) biomass
   (8) biogas
%
(1) 57.1
(2) 3.9
(3) 0.3
(4) 0.5
(5) 32.3
(6) 4.5
(7) 1.4
(8) 0.0
(1) 54.9
(2) 4.5
(3) 0.2
(4) 1.1
(5) 32.1
(6) 5.6
(7) 1.6
(8) 0.0
(1) 49.3
(2) 4.0
(3) 0.2
(4) 2.6
(5) 35.5
(6) 6.4
(7) 1.9
(8) 0.0
SDG 7.2
Total wholesale electricity purchased
GWh
132,898
223,0662)
259,851
Management Approach GRI 303
-
Section 3.3.1
Section 3.3.1
Section 3.1
Interactions with water as a shared resource
-
Section 3.3.1
Section 3.3.1
Section 3.1
SDG 6.3
SDG 6.A
SDG 6.B
SDG 12.4
Management of water discharge related impacts
-
Section 3.3.1
Section 3.3.1
Section 3.1
SDG 6.3
SDG 13.1
Water storage by reservoir - NEW
(1) Homole
(2) Dalešice
(3) Dlouhé stráně
ML
(1) 427
(2) 16,150
(3) 2,720
N/A
N/A
SDG 6.3
SDG 13.1
Number of incidents of non-compliance associated 
with water quantity and/or quality permits, standards, 
and regulations
Number
2
0
N/A
SDG 3.9
SDG 6.3
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
SDG 12.4
SDG 12.5
Description of water management risks and discussion 
of strategies and practices to mitigate those risks
-
Section 3.3.1
Section 3.3.1
Section 3.1
SDG 3.9
SDG 6.3
SDG 6.5
SDG 9.2
SDG 9.4
SDG 12.2
SDG 12.4
SDG 12.5
Management Approach GRI 304
-
Section 3.3.2
Section 3.3.2
Section 3.4
Operational sites owned, leased, managed in, or adjacent to, 
protected areas and areas of high biodiversity value outside 
protected areas
-
Section 7.3
Section 6.3
Section 3.4
SDG 6.6
SDG 15.1
SDG 15.2
SDG 15.5
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139
Parameter
Unit
2022
2021
2020
SDG
Significant impacts of activities, products and services on 
biodiversity
-
Section 3.3.2, 
Section 7.3
Severočeské 
doly, Section 
3.3.2
Severočeské 
doly completed 
landscape 
reclamation in 
2020 on an area 
of 110.29 ha 
and started new 
reclamation on an 
area of 30.50 ha. 
New reclamation 
was carried out at 
Bílina Mines land 
reclamation on 
an area of 45 ha 
and on the Nástup 
Tušimice Mine 
on an area of 24.55 
ha.
SDG 6.6
SDG 15.1
SDG 15.2 
SDG 15.5
Habitats protected or restored
-
Section 7.3
Section 6.3
Section 8.0
SDG 6.6
SDG 15.1
SDG 15.2
SDG 15.5
IUCN Red List species and national conservation list species 
with habitats in areas affected by operations - NEW
-
Section 3.3.2, 7.3
N/A
N/A
SDG 6.6
SDG 15.1
SDG 15.2
SDG 15.5
Management Approach GRI 305
-
Section 3.1
Section 3.1
Section 3.1
Discussion of long-term and short-term strategy 
or plan to manage:
Scope 1 emissions,
emissions reduction targets,
analysis of performance against those targets
-
Section 3.1, 5.2
Section 3.1, 5.2
N/A
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
Avoided emissions
tCO2e
27,389,141
27,954,578
29,323,231
SDG 13.1
SDG 14.3
SDG 15.2
   of which
   (1) nuclear sources
   (2) renewable energy sources
   (3) biomass
tCO2e
(1) 24,760,477
(2) 2,014,019
(3) 614,645
(1) 24,630,558
(2) 2,605,076
(3) 718,944
(1) 24,907,354
(2) 3,448,715
(3) 967,162
SDG 13.1
SDG 14.3
SDG 15.2
Emissions associated with power deliveries (B2B and B2C)
tCO2e
5,755,474
7,672,1093)
N/A
SDG 7.B
SDG 8.4
SDG 9.2
SDG 9.4
SDG 12.2
SDG 13.3
Emissions of ozone-depleting substances (ODS) - production, 
imports and exports
tCFC-11e
0.00
0.00
0.00
SDG 3.9
SDG 12.4
Management Approach GRI 306
-
Section 3.2.4
Section 3.2.2
Section 3.2
Waste generation and significant waste-related impacts
-
Section 3.2.4
Section 3.2.2
N/A
SDG 3.9
SDG 6.3
SDG 6.6
SDG 11.6
SDG 12.4
SDG 12.5
Management of significant waste related impacts
-
Section 3.2.4
Section 3.2.2
N/A
SDG 3.9
SDG 6.3
SDG 8.4
SDG 11.6
SDG 12.4
SDG 12.5
Amount of coal combustion residuals (CCR) generated
kt
5,099
5,048
6,651
SDG 9.2
SDG 9.4
SDG 12.2
SDG 12.5
CCR recycled
%
99.86
99.60
99.80
SDG 9.2
SDG 9.4
SDG 12.2
SDG 12.5
CCR impoundments
Number
0
0
N/A
SDG 9.2
SDG 9.4
SDG 12.2
SDG 12.5
Management Approach GRI 308
-
Section 5.4.2
Section 5.4.2.1
Section 2.5
New suppliers that were screened using environmental criteria
-
Section 5.4.2.1
Section 5.4.2.1
Section 2.5, p. 33
Negative environmental impacts in the supply chain 
and actions taken
Number
0
2
0
Management Approach GRI 401
-
Section 4.3.1
Section 4.3.1
Section 4.1
New employee hires
Persons
2,889
2,935
3,466
SDG 5.1
SDG 8.5
SDG 8.6
SDG 10.3
Employee hires by age
(1) ≤29 years
(2) 30-49 years
(3) ≥50 years
Persons
(1) 973
(2) 1,366
(3) 550
(1) 1,138
(2) 1,336
(3) 461
(1) 1,166
(2) 1,547
(3) 753
SDG 5.1
SDG 8.5
SDG 8.6
SDG 10.3
CEZ Group      Sustainability Report 2022      Other Indicators

140
Parameter
Unit
2022
2021
2020
SDG
Employee hires by age
(1) ≤29 years
(2) 30-49 years
(3) ≥50 years
%
(1) 27.7
(2) 9.8
(3) 4.9
(1) 29.0
(2) 10.0
(3) 4.3
(1) 26.5
(2) 9.7
(3) 6.1
SDG 5.1
SDG 8.5
SDG 8.6
SDG 10.3
Employee hires by gender
(1) women
(2) men
Persons
(1) 800
(2) 2,089
(1) 846
(2) 2,089
(1) 1,005
(2) 2,461
SDG 5.1
SDG 8.5
SDG 8.6
SDG 10.3
Employee hires by gender
(1) women
(2) men
%
(1) 13.2
(2) 9.2
(1) 14.7
(2) 9.4
(1) 14.4
(2) 9.6
SDG 5.1
SDG 8.5
SDG 8.6
SDG 10.3
Employee hires by region
(1) Czechia
(2) Abroad
Persons
(1) 2,198
(2) 691
(1) 1,991
(2) 944
(1) 2,056
(2) 1,410
SDG 5.1
SDG 8.5
SDG 8.6
SDG 10.3
Employee hires by region
(1) Czechia
(2) Abroad
%
(1) 9.2
(2) 14.4
(1) 8.8
(2) 17.8
(1) 9.1
(2) 14.1
SDG 5.1
SDG 8.5
SDG 8.6
SDG 10.3
Employee turnover
Persons
2,748
2,883
3,225
SDG 5.1
SDG 8.5
SDG 8.6
SDG 10.3
Employee turnover by age
(1) ≤29 years
(2) 30-49 years
(3) ≥50 years
Persons
(1) 579
(2) 1,103
(3) 1,066
(1) 647
(2) 1,122
(3) 1,114
(1) 627
(2) 1,237
(3) 1,361
SDG 5.1
SDG 8.5
SDG 8.6
SDG 10.3
Employee turnover by age
(1) ≤29 years
(2) 30-49 years
(3) ≥50 years
%
(1) 16.5
(2) 7.9
(3) 9.4
(1) 16.5
(2) 8.4
(3) 10.4
(1) 14.2
(2) 7.8
(3) 11.1
SDG 5.1
SDG 8.5
SDG 8.6
SDG 10.3
Employee turnover by gender
(1) women
(2) men
Persons
(1) 739
(2) 2,009
(1) 721
(2) 2,162
(1) 1,207
(2) 2,018
SDG 5.1
SDG 8.5
SDG 8.6
SDG 10.3
Employee turnover by gender
(1) women
(2) men
%
(1) 12.2
(2) 8.9
(1) 12.5
(2) 9.7
(1) 17.32)
(2) 7.92)
SDG 5.1
SDG 8.5
SDG 8.6
SDG 10.3
Employee turnover by region
(1) Czechia
(2) Abroad
Persons
(1) 2,172
(2) 576
(1) 1,939
(2) 944
(1) 1,984
(2) 1,241
SDG 5.1
SDG 8.5
SDG 8.6
SDG 10.3
Employee turnover by region
(1) Czechia
(2) Abroad
%
(1) 9.1
(2) 12.0
(1) 8.5
(2) 17.82)
(1) 8.8
(2) 12.42)
SDG 5.1
SDG 8.5
SDG 8.6
SDG 10.3
Benefits provided to full-time employees that are not provided 
to temporary or part-time employees
-
Section 4.3.1
Section 4.3.1
Section 4.1.2 and 
4.1.3
SDG 3.2
SDG 5.4
SDG 8.5
Entitlement to parental leave
-
Pursuant to Czech
law, all employees
are entitled to
parental leave.
Abroad, CEZ Group
companies comply
with local law.
Pursuant to 
Czech
law, all employees
are entitled to
parental leave.
Abroad, 
CEZ Group
companies 
comply
with local law.
Pursuant to Czech
law, all employees
are entitled to
parental leave.
Abroad, 
CEZ Group
companies comply
with local law.
SDG 5.1
SDG 5.4
SDG 8.5
Entitlement to parental leave by gender - NEW
(1) women
(2) men
Persons
(1) 614
(2) 1,524
N/A
N/A
SDG 5.4
SDG 8.5
Parental leave by gender
(1) women
(2) men
Persons
(1) 573
(2) 25
(1) 602
(2) 30
(1) 598
(2) 9
SDG 5.4
SDG 8.5
Return to work after parental leave by gender
(1) women
(2) men
Persons
(1) 106
(2) 37
(1) 75
(2) 24
(1) 81
(2) 8
SDG 5.4
SDG 8.5
Employees who returned to work after parental leave 
and were still employed 12 months after the return 
to work by genderf) - NEW
(1) women
(2) men
Persons
(1) 109
(2) 42
N/A
N/A
SDG 5.4
SDG 8.5
Eligibility to retire in the next 10 years Total
Persons
6,513
6,304
7,252
Eligibility to retire in the next 10 years by region
(1) Czechia
(2) Abroad
Persons
(1) 5,766
(2) 747
(1) 5,581
(2),723
(1) 5,530
(2) 1,722
Eligibility to retire in the next 10 years by region
(1) Czechia
(2) Abroad
%
(1) 20.1
(2) 2.6
(1) 19.9
(2) 2.6
(1) 17.0
(2) 5.3
Eligibility to retire in the next 10 years by employee category
(1) managers
(2) rank-and-file employees
Persons
(1) 797
(2) 5,716
(1) 749
(2) 5,555
(1) 816
(2) 6,436
CEZ Group      Sustainability Report 2022      Other Indicators

141
Parameter
Unit
2022
2021
2020
SDG
Eligibility to retire in the next 10 years by employee category
(1) managers
(2) rank-and-file employees
%
(1) 2.8
(2) 19.9
(1) 2.7
(2) 19.8
(1) 2.5
(2) 19.82)
Management Approach GRI 402
-
AFR p. 141
Section 4.3.1
Section 4.3.1
Section 4, 4.1
Minimum notice periods regarding operational changes
Days
30
30
30
SDG 8.8
Management Approach GRI 403
-
Section 4.3.6
Section 4.3.5
Section 3.5.6
Occupational health and safety management system
-
Section 4.3.6.1
Yes. Specified 
in collective 
agreements
Yes. Specified 
in collective 
agreements
SDG 8.8
Hazard identification, risk assessment, and incident 
investigation
-
Section 4.3.6.1
Specification and 
implementation of 
controls, hazard 
identification—
findings 
(nonconformities), 
nonconformity 
handling through 
corrective action. 
Regular internal 
audit checks.
Specification and 
implementation of 
controls, hazard 
identification—
findings 
(nonconformities), 
nonconformity 
handling through 
corrective action. 
Regular internal 
audit checks.
SDG 8.8
Occupational health services
-
Section 4.3.6.2
Section 4.3.5
Section 3.5.6, 3.6
SDG 8.8
Worker participation, consultation, and communication on 
occupational health and safety
-
Section 4.3.6.2
Section 4.3.5
Section 3.5.6, 3.6
SDG 8.8
SDG 16.7
Worker training on occupational health and safety
-
Section 4.3.6.2
Section 4.3.5
Section 3.5.6, 3.6
SDG 8.8
Promotion of worker health
-
Section 4.3.6.2
Section 4.3.5
Section 3.5.6
SDG 3.3
SDG 3.5
SDG 3.7
SDG 3.8
Workers covered by an occupational health and safety 
management systemg)
Persons
28,039
27,816
32,555
SDG 8.8
Workers covered by an occupational health and safety 
management systemg)
%
97.6
99.9
100.0
SDG 8.8
Workers covered by an occupational health and safety 
management system (internally audited)g)
Persons
23,096
24,863
N/A
SDG 8.8
Workers covered by an occupational health and safety 
management system (internally audited)g)
%
80.4
89.2
N/A
SDG 8.8
Workers covered by an occupational health and safety 
management system (externally audited or certified)h)
Persons
16,312
20,060
N/A
SDG 8.8
Workers covered by an occupational health and safety 
management system (externally audited or certified)h)
%
56.8
72.0
N/A
SDG 8.8
Work-related fatalities as a result of ill health
(1) employees
(2) suppliers
Number
(1) 0
(2) 0
(1) 0
(2) 0
(1) 0
(2) 0
SDG 3.3
SDG 3.4
SDG 3.9
SDG 8.8
SDG 16.1
Work-related ill health
(1) employees
(2) suppliers
Number
(1) 0
(2) 0
(1) 0
(2) 0
(1) 0
(2) 0
SDG 3.3
SDG 3.4
SDG 3.9
SDG 8.8
SDG 16.1
Management Approach GRI 404
-
Section 4.3.2, 4.3.5
Section 4.3.2
Section 3.7
Programs for upgrading employee skills and transition 
assistance programs
-
Section 4.3.5
Section 4.3.4
Section 3.7
SDG 8.2
SDG 8.5
Percentage of employees receiving regular performance 
and career development reviews by genderi)
(1) women
(2) men
%
(1) 81
(2) 73
(1) 100
(2) 100
(1) 100
(2) 100
SDG 5.1
SDG 8.5
SDG 10.3
Percentage of employees receiving regular performance 
and career development reviews by employee categoryi)
(1) managers
(2) rank-and-file employees
%
(1) 88
(2) 71
(1) 100
(2) 100
(1) 100
(2) 100
SDG 5.1
SDG 8.5
SDG 10.3
Average costs of training per year per employee
CZK
5 894
3 965
N/A
Total expenditures on employee training
mil. CZK
169,3
111,2
N/A
Management Approach GRI 405
-
Section 4.3.1, 5.3
Section 5.3
Section 2.0
Vulnerable groups (employees with disabilities)
Persons
569
557
N/A
SDG 5.1
SDG 5.5
Vulnerable groups (employees with disabilities)
%
2.0
2.0
N/A
SDG 5.1
SDG 5.5
Vulnerable groups (employees with disabilities) 
by gender - NEW
(1) women
(2) men
Persons
(1) 124
(2) 445
N/A
N/A
SDG 5.1
SDG 5.5
Vulnerable groups (employees with disabilities) by age - NEW
(1) ≤29 years
(2) 30-49 years
(3) ≥50 years
Persons
(1) 21
(2) 180
(3) 368
N/A
N/A
SDG 5.1
SDG 5.5
Ratio of basic salary of women to men - managementc)
Ratio
0.99
1.022)
0.972)
SDG 5.1
SDG 8.5
SDG 10.3
Ratio of basic salary of women to men - leadersc)
Ratio
0.90
0.882)
0.862)
SDG 5.1
SDG 8.5
SDG 10.3
CEZ Group      Sustainability Report 2022      Other Indicators

142
Parameter
Unit
2022
2021
2020
SDG
Ratio of basic salary of women to men - senior specialistsc)
Ratio
0.91
0.86
0.83
SDG 5.1
SDG 8.5
SDG 10.3
Ratio of basic salary of women to men - specialistsc)
Ratio
0.91
0.91
0.91
SDG 5.1
SDG 8.5
SDG 10.3
Ratio of basic salary of women to men - techniciansc)
Ratio
0.92
0.94
0.95
SDG 5.1
SDG 8.5
SDG 10.3
Ratio of basic salary of women to men - administrative 
and manual workersc)
Ratio
0.94
0.94
0.95
SDG 5.1
SDG 8.5
SDG 10.3
Ratio of remuneration of women to men - managementj)
Ratio
0.98
1.032)
0.982)
SDG 5.1
SDG 8.5
SDG 10.3
Ratio of remuneration of women to men - leadersj)
Ratio
0.90
0.902)
0.872)
SDG 5.1
SDG 8.5
SDG 10.3
Ratio of remuneration of women to men - senior specialistsj)
Ratio
0.90
0.84
0.82
SDG 5.1
SDG 8.5
SDG 10.3
Ratio of remuneration of women to men - specialistsj)
Ratio
0.90
0.89
0.90
SDG 5.1
SDG 8.5
SDG 10.3
Ratio of remuneration of women to men - techniciansj)
Ratio
0.87
0.88
0.89
SDG 5.1
SDG 8.5
SDG 10.3
Ratio of remuneration of women to men - administrative 
and manual workersj)
Ratio
0.90
0.91
0.91
SDG 5.1
SDG 8.5
SDG 10.3
Employee compensationk) - NEW
CZK
Corporate 
governance | CEZ 
Group
Remuneration 
Report for the 
Accounting 
Period of 2021 | 
CEZ Group
Remuneration 
Report for the 
Accounting Period 
of 2020 | CEZ 
Group
SDG 5.1
SDG 8.5
SDG 10.3
Employees reporting directly to a governance body 
or a governance body member by gender
(1) women
(2) men
Number
(1) 163
(2) 523
(1) 111
(2) 555
(1) 111
(2) 429
SDG 8.5
SDG 10.3
Management Approach GRI 406
-
Section 5.3 and 
5.4.1.7
Section 5.4.1.6
Section 2.5
Incidents of discrimination and corrective actions taken
Number
0
0
0
SDG 5.1
SDG 8.8
Management Approach GRI 407
-
Section 5.4.1
Section 5.4.1
Section 4
Operations and suppliers in which the right to freedom 
of association and collective bargaining may be at risk
Number
0
0
No risky operations 
or suppliers in 
which workers’ 
rights to freedom 
of association or 
collective bargaining 
might be violated/at 
risk were identified
SDG 8.8
Management Approach GRI 408
-
Section 5.4.1
Section 5.4.1
Section 4.1
Operations and suppliers at significant risk for incidents 
of child labor
Number
0
0
N/A
SDG 5.2
SDG 8.7
SDG 16.2
Management Approach GRI 409
-
Section 5.4.1
Section 5.4.1
Section 4.1
Operations and suppliers at significant risk for incidents 
of forced or compulsory labor
(1) operations
(2) suppliers
Number
(1) 0
(2) 1
(1) 0
(2) 0
N/A
SDG 5.2
SDG 8.7
Management Approach GRI 413
-
Section 4.1
Section 4.1
Section 4.2
Operations with local community engagement, impact 
assessments, and development programs
-
Section 3.3, 4.1
Section 4.1
Section 4.2
SDG 1.4
Operations with significant actual and potential negative 
impacts on local communities
-
Section 3.3, 4.1
Section 4.1
Section 4.2
SDG 1.4
Management Approach GRI 414
-
Section 5.4.2
Section 5.4.2.1
Section 3, 3.6
New suppliers that were screened using social criteria
-
Section 5.4.2.1
Section 5.4.2.1
Section 3, 3.6
SDG 5.2
SDG 8.8
SDG 16.1
Negative social impacts in the supply chain and actions 
taken
Number
0
0
1
SDG 5.2
SDG 8.8
SDG 16.1
Management Approach GRI 415
-
Section 5.4.1.6
The parent 
company 
ČEZ, a. s.,
does not make 
any political 
contributions.
The parent 
company 
ČEZ, a. s.,
does not make 
any political 
contributions.
Political contributions
-
We do not make 
any political 
contributions.
The parent 
company 
ČEZ, a. s.,
does not make 
any political 
contributions.
The parent 
company 
ČEZ, a. s.,
does not make 
any political 
contributions.
SDG 16.5
CEZ Group      Sustainability Report 2022      Other Indicators

143
Parameter
Unit
2022
2021
2020
SDG
Management Approach GRI 416
-
Section 4.4
Section 4.4
Section 5.1
Incidents of non-compliance concerning the health 
and safety impacts of products and services
Number
0
0
0
SDG 16.3
Management Approach GRI 418
-
Section 5.4.4
Section 5.4.4
Section 3.5.7
Complaints from regulatory bodies and third parties
Number
3
0
0
SDG 16.1
SDG 16.3
Total number of identified leaks, thefts, or losses 
of customer data
Number
3
0
1
SDG 16.1
SDG 16.3
Number of residential, industrial, institutional, 
and commercial customer accounts
Million
3.80
3.80
7.40
Number of: 
(1) residential
(2) commercial
(3) industrial customers served
Number
(1) 2,523,977
(2) 300,693
(3) 10,052
(1)  2,461,1194)
(2) 272,0254)
(3) 7,1864)
N/A
Total electricity delivered to:
(1) residential
(2) commercial 
(3) industrial
(4) all other retail customers
(5) wholesale customers
-
AFR p. 97
AR p. 85
N/A
Length of above and underground linesl)
km
168,533
167,628
311,376
   of which
   (1) high-voltage
   (2) medium-voltage
   (3) low-voltage
km
(1) 9,998
(2) 51,462
(3) 107,073
(1) 10,002
(2) 51,295
(3) 106,331
(1) 15,463
(2) 97,700
(3) 198,213
Distribution technical lossesl)
(1) ČEZ Distribuce
(2) CEZ Razpredelenie Bulgaria
(3) Distributie Energie Oltenia
%
(1) 3.50
(2) N/A
(3) N/A
(1) 3.60
(2) N/A
(3) N/A
(1) 4.30
(2) 7.49
(3) 7.82
Distribution non-technical lossesl)
(1) ČEZ Distribuce
(2) CEZ Razpredelenie Bulgaria
(3) Distributie Energie Oltenia
%
(1) 0.30
(2) N/A
(3) N/A
(1) 0.30
(2) N/A
(3) N/A
(1) 0.30
(2) 0.00
(3) 0.98
Number of people physically or economically displaced 
and compensation, broken down by type of project
Persons
0
0
0
Average retail electric rate for:
(1) residential
(2) commercial
(3) industrial customers
CZK/kWh
(1) 3.02
(2) 2.99
(3) N/A
(1)  1.98
(2) 1.82
(3) N/A
N/A
SDG 7.1
SDG 9.1
SDG 11.1
Typical monthly electric bill for residential customers for:
(1) 500 kWh
(2) 1 000 kWh 
of electricity delivered per month
CZK
(1) 3,550
(2) 5,070
(1)  2,650
(2) 3,760
N/A
SDG 7.1
SDG 9.1
SDG 11.1
Number of residential customer electric disconnections for 
non-payment
Number
4,231
 7,282 
 12,797 
SDG 7.1
SDG 9.1
SDG 11.1
   of which disconnections
   (1) 0-2 days
   (2) 3-7 days
   (3) 8-30 days
   (4) 31-365 days
   (5) more than 1 year
Number
(1) 1,384
(2) 1,503
(3) 982
(4) 362
(5) 0
 (1) 1,300
(2) 1,766
(3) 2,426
(4) 1,790
(5) 0 
 (1) 3,409
(2) 4,163
(3) 3,464
(4) 1,585
(5) 176 
SDG 7.1
SDG 9.1
SDG 11.1
Percentage of residential customers reconnected within 
30 days, ČEZ Distribuce
%
91
75
92
SDG 7.1
SDG 9.1
SDG 11.1
Discussion of impact of external factors on customer 
affordability of electricity, including the economic conditions 
of the service territory
-
Section 4.4.1
Section 4.4.1.1
N/A
SDG 7.1
SDG 9.1
SDG 11.1
System Average Interruption Frequency Index (SAIFI) - 
incl. calamities and blackouts
(1) ČEZ Distribuce
(2) CEZ Razpredelenie Bulgaria
(3) Distributie Energie Oltenia
Number
(1) 2.69
(2) N/A
(3) N/A
(1) 2.65
(2) N/A
(3) N/A
(1) 2.87
(2) N/A5)
(3) 3.22
SDG 1.5
SDG 13.1
System Average Interruption Frequency Index (SAIFI) - 
excl. calamities and blackouts
(1) ČEZ Distribuce
(2) CEZ Razpredelenie Bulgaria
(3) Distributie Energie Oltenia
Number
(1) 1.88
(2) N/A
(3) N/A
(1) 1.85
(2) N/A
(3) N/A
(1) 2.11
(2) 2.07
(3) 1.76
SDG 1.5
SDG 13.1
System Average Interruption Duration Index (SAIDI) - 
incl. calamities and blackouts
(1) ČEZ Distribuce
(2) CEZ Razpredelenie Bulgaria
(3) Distributie Energie Oltenia
Minutes
(1) 307.47
(2) N/A
(3) N/A
(1) 327.57
(2) N/A
(3) N/A
(1) 311.60
(2) N/A5)
(3) 162.88
SDG 1.5
SDG 13.1
System Average Interruption Duration Index (SAIDI) - 
excl. calamities and blackouts
(1) ČEZ Distribuce
(2) CEZ Razpredelenie Bulgaria
(3) Distributie Energie Oltenia
Minutes
(1) 207.85
(2) N/A
(3) N/A
(1) 214.45
(2) N/A
(3) N/A
(1) 219.96
(2) 121.20
(3) 411.30
SDG 1.5
SDG 13.1
Customer Average Interruption Duration Index (CAIDI) - 
incl. calamities and blackouts (ČEZ Distribuce)
Number
114.42
123.80
N/A
SDG 1.5
SDG 13.1
Customer Average Interruption Duration Index (CAIDI) - 
excl. calamities and blackouts (ČEZ Distribuce)
Number
110.35
115.87
N/A
SDG 1.5
SDG 13.1
Number and description of significant disputes relating 
to land use, customary rights of local communities and 
indigenous peoples
Number
0
0
0
SDG 1.4
CEZ Group      Sustainability Report 2022      Other Indicators

144
Parameter
Unit
2022
2021
2020
SDG
Number and percentage of operations—mines—with 
closure plans
-
Bílina Mines and 
Nástup Tušimice 
Mines - closure 
of coal mining 
by 2038 in 
accordance 
with the 
recommendation 
of the Coal 
Commission
Bílina Mines and 
Nástup Tušimice 
Mines - closure 
of coal mining 
by 2038 in 
accordance 
with the 
recommendation 
of the Coal 
Commission
Bílina Mine (after 
2050),
Nástup Tušimice 
Mines
(after 2035)
SDG 15.5
Percentage of electric load served by smart grid technology
%
85
85
N/A
SDG 7.1
SDG 8.4
SDG 9.1
SDG 9.2
SDG 9.4
SDG 11.2
SDG 11.B
SDG 12.1
SDG 12.2
Description of efforts to manage nuclear safety 
and emergency preparedness
-
Section 4.3.6.4
Section 4.3.5.2
Section 3.5.3
SDG 6.3
SDG 6.6
SDG 11.5
SDG 12.4
Number of incidents of non-compliance with physical 
and/or cybersecurity standards or regulations
Number
0
0
N/A
SDG 1.5
SDG 13.1
Firefighter callouts from nuclear power plants in cooperation 
with the Integrated Rescue System
Number
84
77
56
Fires at nuclear power plants
Number
0
0
1
Firefighter callouts from from conventional power and heating 
plants in cooperation with the Integrated Rescue System
Number
22
18
29
Fires at conventional power and heating plants 
Number
4
1
3
Requests for connection to energy supply (ČEZ Distribuce)
Number
 130,478 
 144,688 
N/A
Requests for connection of power generation plants 
and micro-generators (ČEZ Distribuce)
Number
 70,212 
 16,191 
 6,649 
Non-compliance with laws and regulations - number 
of instances
Number
1
AR p. 140
AR pp. 124, 148
SDG 16.3
   of which instances for which sanctions were incurred
   (1) fines
   (2) non-monetary sanctions
Number
(1) 0
(2) 0
AR p. 140
AR pp. 124, 148
SDG 16.3
Non-compliance with laws and regulations - fines paid - NEW
Number
2
N/A
N/A
SDG 16.3
   of which fines paid for instances that occurred - NEW
   (1) in the current period
   (2) in the previous periods
Number
(1) 0
(2) 2 
N/A
N/A
SDG 16.3
Monetary value of fines paid - NEW
CZK
 1,150,000 
N/A6)
N/A6)
SDG 16.3
   of which monetary value of fines paid for instances 
that occurred - NEW
   (1) in the current period
   (2) in the previous periods
CZK
(1) 0
(2) 1,150,000
N/A
N/A
SDG 16.3
Security personnel trained in human rights policies 
or procedures - NEW
-
Section 4.3.3
N/A
N/A
SDG 16.1
Incidents of violations involving rights of indigenous 
peoples - NEW
Number
0
N/A
N/A
SDG 1.4
SDG 11.4
SDG 15.6
SDG 16.6
Proportion of spending on local suppliers - NEW
%
92
N/A
N/A
SDG 8.3
a) For more details on other countries, see the relevant CEZ Group Annual Report.
b) All members of the Supervisory Board of ČEZ, a. s., sign an Affidavit of Independence of a Member of the Supervisory Board, the content of which is in line with 
Commission Recommendation 2005/162/EC of February 15, 2005. In the Affidavit, the members either confirm their complete independence or indicate why they cannot 
be deemed independent. The difference in the total number of Supervisory Board members between 2021 and 2022 is due to 1 vacant position at the end of 2022.
c) The data include ČEZ, a. s., and subsidiaries for which ČEZ, a. s., processes wages and remuneration.
d) As of 2022, a standardized methodology used for reporting the coverage of employees by collective bargaining agreements.
e) 1) The data include ČEZ, a. s., and subsidiaries for which ČEZ, a. s., processes wages and remuneration. 2) The amount of the minimum wage for each year is set 
by the Czech Government. In 2020, the minimum wage in Czechia increased by 9.4% compared to 2019 and in 2021 it increased by 4.1% compared to 2020 and in 
2022 it increased by 6.6% compared to 2021.
f) In addition, data include employees who took an additional parental leave within the 12 months after they had returned to work from the previous parental leave.
g) As of 2021, a standardized methodology used for reporting the coverage of employees by occupational health and safety management system.
h) Valid standards for certification: ISO 45001:2018, certification by accredited certification bodies, National Safe Enterprise Programme 2017 (certificate issued by 
the State Labor Inspection Office based on an audit).
i) As of 2022, a standardized methodology used for reporting employees receiving regular performance and career development reviews.
j) 1) The data include ČEZ, a. s., and subsidiaries for which ČEZ, a. s., processes wages and remuneration. 2) Total remuneration does not include the profit share 
component paid in the Trading Department, which is fully dependent on the business results achieved by individual employees in this department. The calculation 
of the profit share component is uniform for all Trading employees and the parameters entering into the calculation are gender neutral.
k) The data include employees of ČEZ, a. s.
l) Since 2021, only ČEZ Distribuce has been reported due to divestment of a Bulgarian and Romanian distribution company.
1) For 148 employees, details on their contracts and types of employment are not available, see Section 4.3.1 for more details.
2) Data corrected.
3) Data recalculated and corrected using GWP coefficients from the IPCC Sixth Assessment Report for a 100-year time horizon.
4) Figures include end customers in Czechia and Hungary as of December 31, 2021. In other countries, electricity sales to end customers were discontinued or the 
customer portfolio was sold during 2021.
5) CEZ Razpredelenie Bulgaria follows guidelines published by the Bulgarian regulatory authority (Energy Water and Regulatory Commission), which do not provide for 
separate records.
6) Until 2021, the indicator was reported under GRI 2016, disclosures 307-1 and 419-1 (i.e., total monetary value of fines). From 2022, the indicator is reported under 
GRI 2021, disclosure 2-27 as fines paid during the reporting period. Due to differences in the versions of the GRI standard, data up to 2021 can be found in previous 
CEZ Group Sustainability Reports and CEZ Group Annual Reports.	
CEZ Group      Sustainability Report 2022      Other Indicators

145
7.3. Biodiversity Indicators
GRI 
standards - 
disclosures
BIODIVERSITY
Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value 
outside protected areas
304-1
Site of biodiversity importance
AZ KLIMA 
Geographic location   
48.853807, 16.698325
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
PLA Pálava, Bird area (at the location), NR Milovická stráň (ca 480 m)
Size of operational site 
0.00039 km2
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Protected Landscape Area (PLA) Pálava, Nature Reserve (NR) Milovická 
stráň, Bird Area
Comment: The plant of AZ KLIMA is located in the Pálava Protected Landscape Area, characteristic for its valuable biotopes of species-rich rock, sod 
and meadow steppes, forest steppes, thermophilous oak forests and debris forests developed on the limestone hills of the Pavlov Hills. The area was 
declared a bird area in 2004. The subject of protection are the populations of e.g., the White Stork, the Swift and the Sea Eagle. In the territory of the 
protected landscape area there is a NR Milovická stráň (about 480 m from the plant). It is a valuable forest, woodland and forest-steppe phytocenosis 
with the occurrence of rare species.
Site of biodiversity importance
Centrum výzkumu Řež, ÚJV Řež
Geographic location   
50.1775539, 14.3584331
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
NNR Větrušická rokle (50 m), NM Dolní Povltaví (at the location)
Size of operational site 
3.14 km2
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
National Nature Reserve (NNR) Větrušická rokle, Nature Park (NP) Dolní 
Povltaví
Comment: The rocky cliffs on the right bank of the Vltava River cover an area of over 24 ha. There are thermophilic communities of rock steppes on 
rock outcrops in the Vltava canyon wall. One of the largest continuous outcrops of spilites can be found here.
Site of biodiversity importance
ČEZ, a. s. - Dětmarovice Power Plant
Geographic location   
49.907465, 18.464491
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
in close proximity
Size of operational site 
ca 0.4 km2
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
NP Niva Olše, Special Area of Conservation (SAC) Niva Olše - 
Věřňovice, NATURA 2000
Comment: The power plant Dětmarovice is located in close proximity to the Nivy Olše - Věřňovice SAC. It is an area of the Olše river floodplain 
with former meanders and a preserved river terrace, with developed mainly linear accompanying vegetation and soft meadow in places of former 
meanders. There are also remnants of pond dykes with stands of old trees. The area is the habitat of the rare brown stink bug and also of the 
yellow-bellied marten. The area is classified as a site of European importance within the European NATURA 2000 network.
Site of biodiversity importance
ČEZ, a. s. - Repository of the Hodonín Power Plant
Geographic location   
48.847500, 17.120000
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
at the location
Size of operational site 
0.266 km² 
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Special Area of Conservation (SAC) according to 92/43/EHS
Comment: The site is part of the Special Area of Conservation - Hodonínská Doubrava. The object of protection are forest stands consisting 
of oak woodland, oak-hawthorn woodland, ash and alder meadows and rare/endangered species of plants and animals. Examples of plants 
include: amethyst fescue, sand cavil, scented foxglove, iris. Animals include, for example: black bat, common pipistrelle, common hornbill. The soil 
environment is made up of woolly sands. 
	
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146
GRI 
standards - 
disclosures
BIODIVERSITY
Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value 
outside protected areas
304-1
Site of biodiversity importance
Severočeské doly - Nástup Tušimice Mines
Geographic location   
50.416675, 13.364825
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
SAC and NM Černovice (860 m), SAC Pražská pole (456 m), 
NM Střezovská rokle (940 m)
Size of operational site 
24 km2
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Special Area of Conservation (SAC) according to 92/43/EHS, Natural 
Monument (NM) Černovice, Natural Monument Střezovská rokle 
Comment: The northern boundary of the Tušimice mining area is located ca 860 m from the Černovice site of European importance.  It is a well-
preserved island of original oak woodland in an otherwise intensively used landscape and a refugium of the xylophagous insect - the common 
hornworm. At a distance of 456 m from the north-eastern boundary of the Tušimice is the Special Area of Conservation Pražská pole. The site is 
a valuable area with habitats close to nature that have evolved naturally in connection with the presence of waterlogged areas and shallow water bodies. 
A number of endangered species of organisms (the great crested newt, the common pipit, and the clear-spotted dragonfly) occur here. The slopes 
and upper parts of the Střezovská rokle are covered with thermophilous trees and shrubs, while the bottom of the ravine with its periodic watercourse 
is covered with wetland plants. A number of ruderal and cultivated plants occur here (e.g., yellow iris, two-leaved cattail, two-leaved sedge, bitter 
earthwort). Černovice Natural Monument - preserved original oak woodland with a scrubby edge and a relatively poor herbaceous understorey. The 
subject of protection is the local population of the common hornbill.
Site of biodiversity importance
ČEZ Obnovitelné zdroje - Photovoltaic power plant Ralsko
Geographic location   
in close proximity:
50.5806847, 14.7943194
50.6016053, 14.8890033
50.5762581, 14.8462844
50.6090408, 14.8864364
50.6086647, 14.8818739                                   
ca 570 m from the Protected landscape area:
50.6410644, 14.7258558
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
in close proximity
Size of operational site 
1.234 km2 (area of the power plant)
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Protected Landscape Area Kokořínsko - Máchův kraj
Comment: The Ralsko I South photovoltaic power plant is located in close proximity to the Kokořín - Macha Region Protected Landscape Area. The 
area is unique in its geomorphology - flat basins with numerous ponds and peat bogs, blocky sandstones, neovolcanic hills, rock towns and canyon-
like valleys, the naturally meandering course of the Ploučnice River and the valleys of the Liběchovka and Pšovka streams. There are also specially 
protected animals (e.g., the ash crane, the sea eagle) and plants (e.g., the Bohemian ringwort and the Bohemian penguin - endemic species).
The photovoltaic power plant Ralsko III is located at a distance of about 570 m from the border of the Kokořín - Macha Region. The area is unique 
in its geomorphology - flat basins with numerous ponds and peat bogs, blocky sandstones, neovolcanic hills, rock towns and canyon-like valleys, 
the naturally meandering course of the Ploučnice River and the valleys of the Liběchovka and Pšovka streams. There are also specially protected 
animals (e.g., the ash crane, the sea eagle) and plants (e.g., the Bohemian ringwort and the Bohemian penguin - endemic species).
Site of biodiversity importance
Škoda JS
Geographic location   
49.8027894, 13.3951944
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
NP Doubí (150 m)
Size of operational site 
0.335 km2
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Nature Park Doubí
Comment: The subject of protection of NP Doubí is a remnant of a pine oak woodland consisting also of two-hundred-year-old oaks 
and a sandstone concretion. The area is important in terms of the occurrence of some insect species associated with old deciduous forests.
Site of biodiversity importance
ČEZ Obnovitelné zdroje - Hydroelectric power plant Černé jezero
Geographic location   
49.191940, 13.207340
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
PLA Šumava (at the location), Bird area (at the location), NR Brčálnické 
mokřady (ca 400 m)
Size of operational site 
0.002 km2 (the built-up area of the power plant building with courtyard)
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Protected Landscape Area (PLA) Šumava, Bird Area, Nature Reserve 
(NR) Brčálnické mokřady
Comment: The Černé jezero is located in the Šumava Protected Landscape Area, which is also a designated bird area. The subject of protection 
of the bird area are the populations of, for example: the wood crane, the capercaillie, the fieldfare, and the black stork. The Brčálnické mokřady is 
located about 400 m from the Černé jezero and is situated in the valley of the upper reaches of the Úhlava river. The reason for the protection is 
the dynamic and spontaneously evolving herbaceous and woody plant communities. 
	
CEZ Group      Sustainability Report 2022      Biodiversity Indicators

147
GRI 
standards - 
disclosures
BIODIVERSITY
Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value 
outside protected areas
304-1
Site of biodiversity importance
ČEZ Obnovitelné zdroje - Hydroelectric power plant Práčov
Geographic location   
49.876810, 15.814368
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
PLA Železné hory (at the location), NR Strádovské Peklo (in proximity)
Size of operational site 
0.004 km2 (the built-up area of the power plant building with courtyard)
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Protected Landscape Area (PLA) Železné hory, Nature Reserve (NR) 
Strádovské Peklo
Comment: The Práčov hydroelectric power station is located in the Železné hory Protected Landscape Area, which is characterised by abrupt transitions 
between different types of landscape. The dominant feature is a fault ridge stretching from Saxony. The Strádovské Peklo Nature Reserve is located in 
close proximity to the power plant. It is a complex of natural debris forests with endangered species of plants and animals.
Site of biodiversity importance
ČEZ Obnovitelné zdroje - Hydroelectric power plant Střekov
Geographic location   
50.638465, 14.046312
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
at the location
Size of operational site 
0.009 km2 (the built-up area of the power plant building, inflow 
and outflow)
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Protected Landscape Area České středohoří
Comment: The České Středohoří Protected Landscape Area is located at the site of the Střekov power plant. The České Středohoří PLA, which 
extends along both banks of the lower part of the Czech Labe river, is one of the richest areas in the Czech Republic in terms of plant and animal 
species.
Site of biodiversity importance
ČEZ Obnovitelné zdroje - Hydroelectric power plant Vydra
Geographic location   
49.105543, 13.493122
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
at the location
Size of operational site 
0.004 km2 (the built-up area of the power plant building with courtyard)
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Protected Landscape Area Šumava, National Park Šumava, Bird area
Comment: Vydra is located in the Šumava Protected Landscape Area, which is also a designated bird area. The populations of species such as: the 
ruffed grouse, black stork, black-backed shrike and white-tailed ptarmigan are the object of protection of this area. The Šumava National Park is 
home to moors, peat bogs and karst lakes, which are home to dozens of endangered species of plants and animals (e.g., the lynx, the red grouse, 
the three-toed woodpecker, the mountain blackbird and the rousy tit). There are also endemic plants (Ornate salamander, Bohemian gentian, black 
bellflower, peat sedge) and animals (Šumava shoebill Oreonebria castanea sumavica).
Site of biodiversity importance
ČEZ Obnovitelné zdroje - Hydroelectric power plant Čeňkova pila
Geographic location   
49.109746, 13.492529
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
at the location
Size of operational site 
0.0002 km2 (the built-up area of the power plant building)
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Protected Landscape Area Šumava, National Park Šumava, Bird area
Comment: Čeňkova pila is located in the Šumava Protected Landscape Area, which is also a designated bird area. The populations of species such 
as: the ruffed grouse, black stork, black-backed shrike and white-tailed ptarmigan are the object of protection of this area. The Šumava National 
Park is home to moors, peat bogs and karst lakes, which are home to dozens of endangered species of plants and animals (e.g., the lynx, the red 
grouse, the three-toed woodpecker, the mountain blackbird and the rousy tit). There are also endemic plants (Ornate salamander, Bohemian 
gentian, black bellflower, peat sedge) and animals (Šumava shoebill Oreonebria castanea sumavica).
	
CEZ Group      Sustainability Report 2022      Biodiversity Indicators

148
GRI 
standards - 
disclosures
BIODIVERSITY
Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value 
outside protected areas
304-1
Site of biodiversity importance
ČEZ Energetické služby - 13.5MW Heating plant EH Mohelnice
Geographic location   
49.779372, 16.930867
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
Litovelské Pomoraví (753 m)
Size of operational site 
0.000736 km2
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Protected Landscape Area (PLA) Litovelské Pomoraví, Bird area
Comment: The Litovelské Pomoraví Protected Landscape Area is 753 m away. It is a unique example of a natural alluvial landscape in the otherwise 
mostly intensively farmed Upper Moravian Valley. It includes floodplain forests, alluvial meadows and, due to the arondation of the borders, a necessary 
part of arable land. The area is also rich zoologically, with many protected and critically endangered species. Part of the boundary follows the boundaries 
of the Litovelské Pomoraví Protected Landscape Area, in the north-eastern and south-western part it includes larger or smaller sections outside the 
Protected Landscape Area. The subject of protection are the European beaver, great crested newt, horned lark, fire-bellied curlew, blue marsh harrier, 
black bat, black-backed fire-bat, thin-billed curlew and river otter.
Site of biodiversity importance
ČEZ, a. s. - Hydroelectric power plant Lipno II
Geographic location   
48.626249, 14.304468
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
Vyšebrodsko (ca 50 m)
Size of operational site 
0.003154 km2 1)
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Nature Park (NP) Vyšebrodsko
Comment: The Lipno II hydroelectric power plant is located in close proximity to the Vyšebrodsko Nature Park. It is an area with a cooler climate, its 
altitude ranges from 535 m above sea level to 1,038 m above sea level (foothill to mountain area). Most of the area is made up of spruce forests, 
with the exception of beech forests in the natural monuments Medvědí hora and Uhlířský vrch and part of the oak forests around Vyšší Brod. There 
are three small-area protected areas in the area of this nature park and the Čertova stěna-Luč National Nature Reserve is situated on its northern 
border.
Site of biodiversity importance
ČEZ, a. s. - Hydroelectric power plant Mohelno
Geographic location   
49.102616, 16.180769
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
in close proximity
Size of operational site 
0.012992 km2 1)
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
National Nature Reserve Mohelenská hadcová step
Comment: The Mohelno hydroelectic power plant is connected to the Mohelenská hadcová step NNR, which is characterized by natural forest 
vegetation, which mainly consists of communities of debris forests and sagebrush thermophilous oak forests, communities of narrow-leaved dry 
grasslands and subpannonian rock grasslands, crevice vegetation of rocks and ravines and rock vegetation. Rare and endangered plant species 
growing in the area include the snakeweed, while animals include the common gopher and the costivale.
Site of biodiversity importance
ČEZ, a. s. - Hydroelectric power plant Dlouhé stráně
Geographic location   
50.085443, 17.179800
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
at the location
Size of operational site 
0.289718 km2 1)
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Protected Landscape Area Jeseníky, Bird area Jeseníky
Comment: The Jeseníky Protected Landscape Area is situated in the north-eastern part of the Czech Republic, in the area where the Dlouhé stráně 
hydroelectric power station is located. The main object of protection of the Jeseníky is the complex of subalpine biotopes of the highest positions 
of the Jeseníky Mountains and preserved mountain spruce forests and peat bogs. There are protected species of animals and plants here, even 
endemic species can be found here (for example, the mountain plover from the fauna and the Jeseník bell from the flora). The Jeseníky bird area 
covers more than 70% of the Jeseníky PLA and was declared for the protection of the fieldfare and the wood crane. 
	
CEZ Group      Sustainability Report 2022      Biodiversity Indicators

149
GRI 
standards - 
disclosures
BIODIVERSITY
Operational sites owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value 
outside protected areas
304-1
Site of biodiversity importance
ČEZ, a. s. - Hydroelectric power plant Slapy
Geographic location   
49.824348, 14.434149
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
at the location
Size of operational site 
0.077476 km2 1)
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Nature Park Střed Čech
Comment: The site of the power plant is located in the Střed Čech Nature Park along the Vltava and Sázava rivers. There are a total of 4 small protected 
areas (Teletínský lom, Medník, Kobylí draha and Zvolská homole) in the area of the Park. 
Site of biodiversity importance
ČEZ, a. s. - Hydroelectric power plant Štěchovice I a II
Geographic location   
49.846009, 14.420857
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
at the location
Size of operational site 
0.227464 km2 1)
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Nature Park Střed Čech
Comment: The site of the power plant is located in the Střed Čech Nature Park along the Vltava and Sázava rivers. There are a total of 4 small 
protected areas (Teletínský lom, Medník, Kobylí draha and Zvolská homole) in the area of the Park. 
Site of biodiversity importance
ČEZ, a. s. - Hydroelectric power plant Vrané
Geographic location   
49.937689, 14.375653
Position in relation to the protected area (in the area, adjacent to, 
or containing portions of the protected area) or the high biodiversity 
value area outside protected areas
Nature Park Střed Čech (ca 550 m)
Size of operational site 
0.009985 km2 1)
Biodiversity value characterized by the attribute of the protected 
area or area of high biodiversity value outside the protected area 
(terrestrial, freshwater, or maritime ecosystem)
terrestrial ecosystem
Biodiversity value characterized by listing of protected status 
(such as IUCN Protected Area Management Categories, Ramsar 
Convention, national legislation)
Nature Park Střed Čech
Comment: The site of the power plant is located in the Střed Čech Nature Park along the Vltava and Sázava rivers. There are a total of 4 small 
protected areas (Teletínský lom, Medník, Kobylí draha and Zvolská homole) in the area of the Park. 
	
1) Data corrected, all land in locations owned by CEZ Group is included in the size of operational sites	 	
CEZ Group      Sustainability Report 2022      Biodiversity Indicators

150
GRI 
standards - 
disclosures
BIODIVERSITY
Significant impacts of activities, products, and services on biodiversity
304-2
Construction or use of manufacturing plants, 
mines, and transport infrastructure
Severočeské doly
Severočeské doly completed landscape reclamation in 2022 on an area 
of 170.16 ha and started new reclamation on an area of 108.24 ha. 
Land acquisitions for mining were made on 34.36 ha of the Bílina mines 
and 25.11 ha of the Nástup Tušimice mines. In case of land acquisition, 
the area is surveyed and selected plant/animal species are relocated to 
new habitats.
Introduction of substances that do not naturally 
occur in the habitat from point and non-point 
sources
-
Introduction of invasive species, pests, and 
pathogens
-
Reduction of species
-
Habitat conversion
Severočeské doly
Habitats reduced by the loss of land due to the progress of mining 
activities are continuously replaced by newly created habitats as part of 
the reclamation of land affected by mining.
Changes in ecological processes outside the 
natural range of variation (such as salinity or 
changes in groundwater level)
-
Report significant direct and indirect positive 
and negative impacts with reference to the 
following:
Severočeské doly
Land acquisition                                                                                         
New landscape          
Land removal          
New habitats   
Landscape 
transformation 
New water bodies    
Species affected
–
Extent of areas impacted
–
Duration of impacts
–
Reversibility or irreversibility of the impacts
–
GRI 
standards - 
disclosures
BIODIVERSITY
Habitats protected or restored
304-3
Size and location of all habitat areas protected 
or restored, and whether the success of the 
restoration measure was or is approved by 
independent external professionals.
Repository of the Hodonín Power Plant (EHO)
0.266 ha
In progress
Habitat restoration as part of Severočeské doly 
reclamation
6,230.33 ha
Approved by the 
relevant national 
authority
Whether partnerships exist with third parties 
to protect or restore habitat areas distinct 
from where the organization has overseen 
and implemented restoration or protection 
measures.
Protection is provided within the framework 
of standard cooperation with the relevant 
authorities and institutions
Status of each area based on its condition at 
the close of the reporting period.
Severočeské doly
Completed 6,230.33 ha 
of reclamation, including 
2,847.90 ha of 
agricultural land 
reclamation, 2,560.39 ha 
of forestry reclamation, 
210.07 ha of water areas.  
GRI 
standards - 
disclosures
BIODIVERSITY
IUCN Red List species and national conservation list species with habitats in areas affected by operations
304-4
Critically endangered
Total number
   31
Aves, Insecta, Plantae
Endangered
Total number
  50
Aves, Insecta, Amphibia, Mollusca, Plantae
Vulnerable
Total number
  99
Aves, Insecta, Amphibia, Reptilia, Mollusca, Crustacea, Rotifera, Fish, 
Mammalia, Plantae
Near threatened
Total number
100
Aves, Insecta, Amphibia, Reptilia, Mollusca, Arachnids, Mammalia, Plantae
Least concern
Total number
162
Aves, Insecta, Mammalia, Fish, Plantae
CEZ Group      Sustainability Report 2022      Biodiversity Indicators

151
7.4. GRI Content Index 	
	 	 		
Statement of use: CEZ Group has reported in accordance with the GRI Standards for the period from January 1, 2022 
to December 31, 2022.	
	
	
GRI 1 used: Foundation 2021	 	
	
Applicable GRI Sector Standard(s): –	
	
	
GENERAL DISCLOSURES
LOCATION
REQUIREMENT(S) 
OMITTED
REASON
EXPLANATION
GRI 2: General 
Disclosures 2021
2-1 Organizational details
AFR (pp. 72, 164)
2-2 Entities included in the organization’s 
sustainability reporting
p. 125
AFR (pp. 103-105)
2-3 Reporting period, frequency and contact point
p. 136
2-4 Restatements of information
pp. 22-24, 128-133, 138-142, 
145-150 
2-5 External assurance
pp. 10-11, 163-167
2-6 Activities, value chain and other business 
relationships
pp. 13-14, 93-94
AFR (pp. 2, 72-93, 160-161)
2-7 Employees
pp. 57-61, 126, 135
AFR (p. 138)
2-8 Workers who are not employees
p. 135
2-9 Governance structure and composition
pp. 80-83 
AFR (pp. 30-51)
2-10 Nomination and selection of the highest 
governance body
AFR (pp. 33, 40)
Articles of Association of ČEZ, a. s. 
(pp. 24, 27-28)
Diversity and Inclusion Policy
2-11 Chair of the highest governance body
AFR (pp. 33, 54)
(2-11-b) No person with executive 
authority has any conflict of interest in 
connection with their role at ČEZ, a. s.
2-12 Role of the highest governance body in 
overseeing the management of impacts
pp. 80-83
2-13 Delegation of responsibility for managing impacts
pp. 80-83
2-14 Role of the highest governance body in 
sustainability reporting
pp. 4, 80-81
2-15 Conflicts of interest
pp. 89-91
AFR (pp. 33-36, 49-50, 63)
(2-15-b) No person with 
executive authority has any 
conflict of interest in connection 
with their role at ČEZ, a. s.
2-16 Communication of critical concerns
pp. 71-72, 80-81
2-17 Collective knowledge of the highest 
governance body
pp. 81-83
2-18 Evaluation of the performance of the highest 
governance body
pp. 81-83
Remuneration Policy
2-19 Remuneration policies
pp. 81-83
Remuneration Policy
2-20 Process to determine remuneration
pp. 81-83
Remuneration Policy
2-21 Annual total compensation ratio
p. 136
2-22 Statement on sustainable development strategy
pp. 7-8
2-23 Policy commitments
pp. 55, 82-83, 89-94
Code of Conduct
Safety and Environmental 
Protection Policy
Energy Policy
Commitment to Ethical Conduct
2-24 Embedding policy commitments
pp. 81-83, 89-92
2-25 Processes to remediate negative impacts
pp. 15, 53-55, 92, 95
AFR (pp. 61-62)
Community Relations Policy
2-26 Mechanisms for seeking advice and raising 
concerns
p. 92
AFR (pp. 61-62)
2-27 Compliance with laws and regulations
pp. 26, 55, 89-92, 144
2-28 Membership associations
CEZ Group ESG website
2-29 Approach to stakeholder engagement
pp. 15-17
2-30 Collective bargaining agreements
pp. 57-61, 136
AFR (p. 141)
(2-30-b) For employees 
not covered by a collective 
bargaining agreement, the 
working conditions and terms of 
employment are similar to those 
agreed in the CEZ Group.
CEZ Group      Sustainability Report 2022

152
CEZ Group      Sustainability Report 2022      GRI Content Index
GENERAL DISCLOSURES
LOCATION
REQUIREMENT(S) 
OMITTED
REASON
EXPLANATION
MATERIAL TOPICS
GRI 3: Material Topics 
2021
3-1 Process to determine material topics
pp. 13-17
3-2 List of material topics
pp. 13-17
Environmental protection, Land restoration
GRI 3: Material Topics 
2021
3-3 Management of material topics
pp. 37-39
GRI 304: Biodiversity 
2016
304-1 Operational sites owned, leased, managed in, 
or adjacent to, protected areas and areas 
of high biodiversity value outside protected areas
pp. 145-147
304-2 Significant impacts of activities, products 
and services on biodiversity
pp. 37-39, 148
304-3 Habitats protected or restored
p. 148
304-4 IUCN Red List species and national 
conservation list species with habitats in areas 
affected by operations
pp. 37-39, 148
Emissions
GRI 3: Material Topics 
2021
3-3 Management of material topics
pp. 21-26
GRI 305: Emissions 
2016
305-1 Direct (Scope 1) GHG emissions
pp. 22-23, 139
305-2 Energy indirect (Scope 2) GHG emissions
pp. 24, 131
305-3 Other indirect (Scope 3) GHG emissions
pp. 24, 131
305-4 GHG emissions intensity
pp. 25-26, 131
305-5 Reduction of GHG emissions
pp. 25-26, 139
305-6 Emissions of ozone-depleting substances 
(ODS)
pp. 26, 139
305-7 Nitrogen oxides (NOx), sulfur oxides (SOx), 
and other significant air emissions
pp. 27-29, 131
Safe operations
GRI 3: Material Topics 
2021
3-3 Management of material topics
pp. 65, 67-72, 96
GRI 403: 
Occupational Health 
and Safety 2018
403-1 Occupational health and safety management 
system
pp. 67-68, 140
403-2 Hazard identification, risk assessment, 
and incident investigation
pp. 67-68, 141
403-3 Occupational health services
pp. 68-70, 141
403-4 Worker participation, consultation, 
and communication on
occupational health and safety
pp. 68-70, 141
403-5 Worker training on occupational health 
and safety
pp. 68-70, 141
403-6 Promotion of worker health
pp. 68-70, 141
403-8 Workers covered by an occupational health 
and safety management system
pp. 67-68, 141
403-9 Work-related injuries
pp. 70, 133
403-10 Work-related ill health
pp. 70, 141
GRI 418: Customer 
Privacy 2016
418-1 Substantiated complaints concerning 
breaches of customer privacy and losses 
of customer data
pp. 96-100, 143
GRI 410: Security 
Practices 2016
410-1 Security personnel trained in human rights 
policies or procedures
pp. 65, 144
G4 Sector Disclosure 
- Electric Utilities
G4-DMA Contingency planning measures, disaster/
emergency management plan and training 
programs, and recovery/restoration plans
p. 71

153
CEZ Group      Sustainability Report 2022      GRI Content Index
GENERAL DISCLOSURES
LOCATION
REQUIREMENT(S) 
OMITTED
REASON
EXPLANATION
Responsible employer
GRI 3: Material Topics 
2021
3-3 Management of material topics
pp. 57-61, 61-64, 65-66 
GRI 401: Employment 
2016
401-1 New employee hires and employee turnover
pp. 57-61, 139
401-2 Benefits provided to full-time employees 
that are not provided to temporary or part-time 
employees
pp. 57-61, 140
401-3 Parental leave
pp. 57-61, 140
GRI 404: Training and 
Education 2016
404-1 Average hours of training per year per 
employee
pp. 61-64, 134
404-2 Programs for upgrading employee skills 
and transition assistance
pp. 61-64, 65-66, 141
404-3 Percentage of employees receiving regular 
performance and career development reviews
pp. 61-64, 141
GRI 407: Freedom 
of Association and 
Collective Bargaining 
2016
407-1 Operations and suppliers in which the right 
to freedom of association and collective bargaining 
may be at risk
p. 140
G4 Sector Disclosure 
- Electric Utilities
EU15 Percentage of employees eligible to retire 
in the next 5 and 10 years broken down by job 
category and by region
pp. 61-64, 140
Sustainable water use
GRI 3: Material Topics 
2021
3-3 Management of material topics
pp. 34-36
GRI 303: Water and 
Effluents 2018
303-1 Interactions with water as a shared resource
pp. 34-36, 138
303-2 Management of water discharge-related 
impacts
pp. 34-36, 138
303-3 Water withdrawal
pp. 36, 126-128
303-4 Water discharge
pp. 36, 126-128
303-5 Water consumption
pp. 36, 126-128
Energy efficiency, Clean technologies and energy transformation, Smart 
cities, Research and development
GRI 3: Material Topics 
2021
3-3 Management of material topics
pp. 47-49
GRI 302: Energy 
2016
302-1 Energy consumption within the organization
pp. 47-49, 126
302-3 Energy intensity
pp. 47-49, 126
GRI 201: Economic 
Performance 2016
201-4 Financial assistance received from 
government
pp. 45, 136
SASB End-Use 
Efficiency & Demand
IF-EU-420a.2. Percentage of electric load served 
by smart grid technology
p. 144
SASB Electricity 
Generated
IF-EU-000.D Total electricity generated, percentage 
by major energy source, percentage in regulated 
markets
pp. 47-49, 138
Responsible business
GRI 3: Material Topics 
2021
3-3 Management of material topics
pp. 91, 95-96
GRI 207: Tax 2019
207-1 Approach to tax
pp. 95-96, 137-138
207-2 Tax governance, control, and risk 
management
pp. 95-96, 137-138
207-3 Stakeholder engagement and management 
of concerns related to tax
pp. 95-96, 137-138
207-4 Country-by-country reporting
pp. 95-96, 137-138
GRI 409: Forced or 
Compulsory Labor 
2016
409-1 Operations and suppliers at significant risk 
for incidents of forced or compulsory labor
pp. 55, 91, 142
GRI 408: Child Labor 
2016
408-1 Operations and suppliers at significant risk 
for incidents of child labor
pp. 55, 91, 142
GRI 415: Public Policy 
2016
415-1 Political contributions
pp. 55, 91, 142
Ethics and transparency
GRI 3: Material Topics 
2021
3-3 Management of material topics
pp. 89-90
GRI 205: Anti-
corruption 2016
205-1 Operations assessed for risks related 
to corruption
pp. 90, 137
205-2 Communication and training about 
anti-corruption policies and procedures
pp. 90, 137
205-3 Confirmed incidents of corruption 
and actions taken
pp. 90, 92, 137
GRI 206: Anti-
competitive Behavior 
2016
206-1 Legal actions for anti-competitive behavior, 
anti-trust, and monopoly practices
pp. 92, 137

154
CEZ Group      Sustainability Report 2022      GRI Content Index
GENERAL DISCLOSURES
LOCATION
REQUIREMENT(S) 
OMITTED
REASON
EXPLANATION
Cooperation with local communities
GRI 3: Material Topics 
2021
3-3 Management of material topics
pp. 34-40, 53-55
GRI 413: Local 
Communities 2016
413-1 Operations with local community 
engagement, impact assessments, and 
development programs
pp. 34-40, 53-55, 142
413-2 Operations with significant actual and 
potential negative impacts on local communities
pp. 37-39, 53-55, 142, 145-152
GRI 203: Indirect 
Economic Impacts 
2016
203-1 Infrastructure investments and services 
supported
pp. 53-55, 137
203-2 Significant indirect economic impacts
pp. 53-55, 137
Circular economy
GRI 3: Material Topics 
2021
3-3 Management of material topics
pp. 29-33
GRI 301: Materials 
2016
301-1 Materials used by weight or volume
pp. 29-30, 138
GRI 306: Waste 2020
306-1 Waste generation and significant 
waste-related impacts
pp. 30-33, 139
306-2 Management of significant waste-related 
impacts
pp. 30-33, 139
306-3 Waste generated
pp. 30-32, 132-133
306-4 Waste diverted from disposal
pp. 30-33, 132
306-5 Waste directed to disposal
pp. 30-32, 132
GRI 306: Effluents 
and Waste 2016
306-3 Significant spills
pp. 33, 133
Supply chain
GRI 3: Material Topics 
2021
3-3 Management of material topics
pp. 93-94
GRI 308: Supplier 
Environmental 
Assessment 2016
308-1 New suppliers that were screened using 
environmental criteria
pp. 93-94, 139
308-2 Negative environmental impacts in 
the supply chain and actions taken
pp. 93-94, 139
GRI 414: Supplier 
Social Assessment 
2016
414-1 New suppliers that were screened using 
social criteria
pp. 93-94, 142
414-2 Negative social impacts in the supply chain 
and actions taken
pp. 93-94, 142
Diversity and equal opportunity
GRI 3: Material Topics 
2021
3-3 Management of material topics
pp. 57-61, 86-88
GRI 405: Diversity and 
Equal Opportunity 
2016
405-1 Diversity of governance bodies 
and employees
pp. 59, 87-88, 135-136
405-2 Ratio of basic salary and remuneration 
of women to men
pp. 141-142
GRI 406: Non-
discrimination 2016
406-1 Incidents of discrimination and corrective 
actions taken
pp. 86-88, 91, 142

155
7.5. SASB Index  
Code
Topic
Accounting metric
Unit
Location
IF-EU-110a.1
Greenhouse Gas Emissions 
& Energy Resource Planning
(1) Gross global Scope 1 emissions, percentage covered under 
(2) emissions-limiting regulations, and 
(3) emissions-reporting regulations
Metric tons (t) 
CO2e
Percentage (%)
p. 128
IF-EU-110a.2
Greenhouse gas (GHG) emissions associated with power deliveries
Metric tons (t) CO2e 
p. 139
IF-EU-110a.3
Discussion of long-term and short-term strategy or plan to manage 
Scope 1 emissions, emissions reduction targets, and an analysis 
ofperformance against those targets
-
pp. 21-26
IF-EU-110a.4
(1) Number of customers served in markets subject to renewable 
portfolio standards (RPS) and (2) percentage fulfillment of RPS target 
bymarket
Number, Percentage (%)
N/A
IF-EU-120a.1
Air Quality
Air emissions of the following pollutants: (1) NOx (excluding N2O), 
(2) SOx, (3) particulate matter (PM10), (4) lead (Pb), and (5) mercury (Hg); 
percentage of each in or near areas of dense population
Metric tons (t), 
Percentage (%)
pp. 131-132
IF-EU-140a.1
Water 
Management
(1) Total water withdrawn, (2) total water consumed, percentage 
of each in regions with High or Extremely High Baseline Water Stress
Thousand cubic 
meters (m³), 
Percentage (%)
pp. 126-127
IF-EU-140a.2
Number of incidents of non-compliance associated with water quantity 
and/or quality permits, standards, and regulations
Number
pp. 34-37
IF-EU-140a.3
Description of water management risks and discussion of strategies 
and practices to mitigate those risks
-
pp. 34-37
IF-EU-150a.1
Coal Ash 
Management
Amount of coal combustion residuals (CCR) generated, 
percentage recycled
Metric tons (t), 
Percentage (%) 
p. 139
IF-EU-150a.2
Total number of coal combustion residual (CCR) impoundments, 
broken down by hazard potential classification and structural integrity 
assessment
Number
p. 139
IF-EU-240a.1
Energy 
Affordability
Average retail electric rate for (1) residential, (2) commercial, and (3) 
industrial customers
Rate
p. 143
IF-EU-240a.2
Typical monthly electric bill for residential customers for (1) 500 kWh 
and (2) 1,000 kWh of electricity delivered per month
Reporting 
currency
p. 143
IF-EU-240a.3
Number of residential customer electric disconnections for 
non-payment, percentage reconnected within 30 days
Number, 
Percentage (%)
p. 143
IF-EU-240a.4
Discussion of impact of external factors on customer affordability 
of electricity, including the economic conditions of the service territory
-
pp. 73-75
IF-EU-320a.1
Workforce 
Health & Safety
(1) Total recordable incident rate (TRIR), (2) fatality rate, and (3) near 
miss frequency rate (NMFR)
Rate
p. 133
IF-EU-420a.1
End-Use 
Efficiency & Demand
Percentage of electric utility revenues from rate structures that (1) 
are decoupled and (2) contain a lost revenue adjustment mechanism 
(LRAM)
Percentage (%) 
N/A
IF-EU-420a.2
Percentage of electric load served by smart grid technology
Percentage (%)
by megawatt hours 
(MWh)
p. 144
IF-EU-420a.3
Customer electricity savings from efficiency measures, by market
Megawatt hours (MWh)
N/A
IF-EU-540a.1
Nuclear Safety & Emergency 
Management
Total number of nuclear power units, broken down by U.S. Nuclear 
Regulatory Commission (NRC) Action Matrix Column
Number
p. 71
IF-EU-540a.2
Description of efforts to manage nuclear safety and emergency 
preparedness
-
p. 143
IF-EU-550a.1
Grid Resiliency
Number of incidents of non-compliance with physical and/or 
cybersecurity standards or regulations
Number
p. 144
IF-EU-550a.2
(1) System Average Interruption Duration Index (SAIDI), 
(2) System Average Interruption 
Frequency Index (SAIFI), and (3) Customer Average Interruption 
Duration Index (CAIDI), inclusive of major event days
Minutes, 
Number
pp. 143-144
IF-EU-000.A
Activity Metrics
Number of: (1) residential, (2) commercial, and (3) industrial customers 
served
Number
p. 143
IF-EU-000.B
Total electricity delivered to: (1) residential, (2) commercial, (3) industrial, 
(4) all other retail customers, and (5) wholesale customers
Megawatt hours 
(MWh)
p. 143
IF-EU-000.C
Length of transmission and distribution lines
Kilometers (km)
p. 143
IF-EU-000.D
Total electricity generated, percentage by major energy source, 
percentage in regulated markets
Megawatt hours 
(MWh), Percentage (%)
p. 138
IF-EU-000.E
Total wholesale electricity purchased
Megawatt hours (MWh) p. 138
CEZ Group      Sustainability Report 2022

156
7.6. WEF Index 
Pillar
Theme
Metric
Location
Governance
Governing purpose
Setting purpose
pp. 80, 81, 136
Quality of governing body
Governance body composition
pp. 80, 81, 126, 136
AFR pp. 30-51
Remuneration - NEW
pp. 80, 142
Remuneration report
Stakeholder engagement
Material issues impacting stakeholders
pp. 15, 136
Ethical behaviour
Anti-corruption
pp. 90, 137
Protected ethics advice and reporting mechanisms
pp. 92, 136
Alignment of strategy and policies to lobbying - NEW
pp. 90-91, 142
Risk and opportunity oversight
Integrating risk and opportunity into business process
p. 136
Planet
Climate change
GHG emissions
pp. 21-26, 128-131
TCFD implementation
pp. 84-85, 136, 156
Paris-aligned GHG emissions targets - NEW
pp. 13-14, 21-26
Nature loss
Land use and ecological sensitivity
pp. 37-39, 145-150
Freshwater availability
Water consumption and withdrawal in water‑stressed areas
pp. 34-36, 127-128
Air pollution
Air pollution - NEW
pp. 27-29, 131-132
People
Dignity and equality
Diversity and inclusion (%)
pp. 57-61, 86-88, 126, 135-136
Pay equality (%)
pp. 88, 141
Wage level (%)
p. 136
Risk for incidents of child, forced or compulsory labour
pp. 55, 91, 142
Pay gap (%) - NEW
pp. 88, 141-142
Discrimination and Harassment - NEW
pp. 55, 91, 142
Freedom of Association and Collective Bargaining at Risk 
(%) - NEW
pp. 57-61, 142
Health and well‑being
Health and safety (%)
pp. 70-72, 133, 141
Well-Being (%) - NEW
pp. 70-72, 141
Skills for the future
Training provided (#, CZK)
pp. 61-64, 133, 141
Prosperity
Employment and wealth generation
Absolute number and rate of employment
pp. 57-61, 139-140
Economic contribution
p. 136
AFR pp. 106, 136, 217, 285, 286, 
290, 291
Significant indirect economic impacts
pp. 44-49, 53-55, 73-75, 137
Wealth creation and employment
Financial investment contribution
p. 136
AFR pp. 16-18, 112-113
Innovation of better products and 
services
Total R&D expenses (CZK)
p. 136
AFR p. 128
Community and social vitality
Total tax paid
p. 96, 137-138
AFR pp. 285-287
Additional tax remitted
p. 136
AFR pp. 285-287
Total and additional tax breakdown by country for 
significant locations
p. 138
AFR pp. 285-287
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157
7.7. TCFD Index   
The Task Force on Climate-related Financial Disclosures (TCFD) developed a framework for voluntary, consistent climate-related 
financial disclosures with the aim to help the financial sector understand material risks.
Based on the TCFD’s recommendations, this index summarizes key climate-related disclosures. For more details, see CEZ Group 
TCFD Report 2021/2022.
TCFD Pillar
Recommended 
Disclosure
CEZ Group’s Approach
Addressed in CEZ 
Group TCFD Report 
2021/2022
G: 
Governance
G-A
The Board’s 
Oversight of 
Climate-related 
Risks and 
Opportunities 
ČEZ, a. s., uses the two-tier governance system: the Supervisory Board is responsible for 
overseeing the Board of Directors, who manage the day-to-day operations. The Supervisory Board 
periodically reviews the performance of the Board of Directors and assesses their remuneration 
based on key performance indicators (KPIs), including those related to environmental, social, and 
governance (ESG) issues. The Board of Directors oversees ESG matters, including climate-related 
risks, and sets and approves the company’s sustainability strategy and report. The Board of 
Directors is informed periodically about the environmental profile of the generation portfolio, and 
the CEO updates the Supervisory Board on the ESG agenda, including climate-related risks. The 
company reports its EU Taxonomy KPIs in line with the Taxonomy Regulation 2020/852, including 
those related to Operating Revenues, Capex, and Opex.
pp. 5-6
G-B
Management’s Role 
in Assessing and 
Managing Climate-
related Risks and 
Opportunities 
In 2021, CEZ Group established an ESG Office led by the Chief Sustainability Officer (CSO), 
who reports directly to the CEO. The ESG Office is responsible for the daily sustainability 
agenda including climate-related issues, non-financial reporting, coordination of ESG 
initiatives, and management of ESG working groups. The company has developed a policy 
matrix to strengthen managerial responsibility for ESG issues. The highest level of ESG 
management is the Strategic Steering Committee (SSC), which sets the sustainability strategy 
and monitors progress. The Executive Steering Committee (ESC) is the managerial and 
operational level of governance and coordination of the ESG agenda. All members of the 
Board of Directors and the CSO are required to gain ESG certification, and the Group has 
worked with prestigious institutions to provide executive education in this area.
pp. 7-9
S: 
Strategy
S-A
Identification 
of Climate-
related Risks and 
Opportunities 
CEZ Group uses short, medium, and long-term time horizons to assess risks and manage 
strategies related to climate change. Its risk management process covers various risks, including 
market, credit, operational, business, and sustainability risks, which overlap with the TCFD 
taxonomy of Transition and Physical Risks. We recognize the potential impact of transition 
risks, such as policy and legal risks, technology risks, market risks, and reputation risks, on our 
operations. Additionally, we assess the impact of physical risks, including acute and chronic 
risks related to climate hazards, changes in precipitation, weather patterns, and rising mean 
temperatures, on our production capacity, workforce health and safety, and water supply. We 
also assess potential impacts of these risks under the well below 2°C scenario on our financial 
indicators and summarize the expert estimates in a material climate-related risk matrix.
To manage transition risks, CEZ Group participates in carbon allowance trading and hedges its 
production up to six years ahead. We optimize hedging of carbon allowances and electricity in 
the short- to medium-term to mitigate risks in case lower generation is achieved than currently 
estimated. To maintain a positive relationship between the potential negative impact of higher 
carbon costs and an increase in electricity prices caused by an increase in the prices of carbon 
allowances in the future, we need to match the pace of our decarbonization with the pace of 
decarbonization of our competitors. Coal assets are under regulatory risk, and we actively manage 
this risk in valuation and impairment processes. Finally, our nuclear assets’ valuation is influenced 
by the EU climate policy; their categorization as a sustainable activity enables further technology 
development aligned with climate-neutral ambition, decreasing technology risks.
pp. 10-12
S-B
Impact of Climate-
related Risks and 
Opportunities 
CEZ Group has set strategic objectives for 2030 and 2050 to achieve a low-emission 
generation portfolio and climate neutrality by 2040. We plan to reduce emission intensity by 
more than 50% by 2030 and achieve climate neutrality in line with the 1.5°C scenario. We will 
decarbonize our heating industry, shift away from coal, and build new gas-fired capacities that 
are hydrogen-ready. We will increase our generation from existing nuclear sources, build a 
new nuclear unit at Dukovany, and prepare for the construction of small modular reactors. We 
also plan to build 6 GW of renewables by 2030 and invest in smart grids and decentralization 
to develop a stable and digital distribution grid. Additionally, we plan to expand our activities 
into other areas of battery production, electromobility, and hydrogen generation while 
adhering to ESG principles.
p. 13
S-C
The Resilience 
of CEZ Group’s 
Strategy 
CEZ Group has adopted a strategy based on ESG pillars that are interconnected and cannot 
be considered in isolation. Our emission reduction targets are aligned with the latest scientific 
knowledge, and we have committed to net-zero science-based emissions reduction targets, 
with short- and mid-term targets set in line with the well below 2°C scenario, and long-term 
targets aligned with the 1.5°C scenario. We are well-positioned to tackle transition risks in the 
market and increase business by developing renewables and nuclear, providing sustainable 
ESCO solutions for our customers, and prolonging the useful life of current generation 
facilities. We use comprehensive modeling and a variety of tools to create reference scenarios 
and scenario analysis for physical and transition risks. We continually review risk management 
processes, and we have launched a new initiative for a more robust climate-risk management.
p. 14
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158
TCFD Pillar
Recommended 
Disclosure
CEZ Group’s Approach
Addressed in CEZ 
Group TCFD Report 
2021/2022
RM: 
Risk Management
RM-A
Processes for 
Identifying and 
Assessing Climate-
related Risks 
CEZ Group has developed an ongoing risk management system and an internal control 
system, which are audited by the Internal Audit Department to ensure compliance with 
regulations and best practices. We use the Unified Group Risk Management scheme, which 
introduces a centralized process for managing material risks using appropriate software tools. 
We monitor the impact of climate-related physical risks as well as effects on the environment 
and climate, categorized as critical, high, medium, or low. Additionally, we closely follow 
climate policy and regulation developments at both the EU and national level, evaluating their 
impacts on our internal policies.
pp. 15-16
RM-B
Processes for 
Managing Climate-
related Risks 
CEZ Group has implemented a centralized risk management system to protect its value while 
taking on an acceptable level of risk. The system relies on tools and models for managing 
and quantifying risks in one-year and medium-term time frames. The Board of Directors 
approves both CEZ Group’s budget and the Profit at Risk, an overall risk limit expressing the 
CEZ Group’s inclination to risk for a given year. The limit is allocated to individual risks and 
organizational units on an ongoing basis. The Risk Committee monitors the overall impact of 
risks on CEZ Group. The company’s risk management process covers market risks, credit risks, 
operational risks, and business risks, with sustainability risks and climate-related physical risks 
included in several subcategories. Risks are monitored, assessed, and periodically reviewed. 
The Group has already invested in non-emission sources, with plans to prepare large-scale 
projects that serve as replacements for current coal assets in the generation portfolio and 
employ hydrogen-ready technologies. 
CEZ Group plans to invest significantly in neutral or environmentally positive technologies, 
such as renewables, smart grids, and nuclear energy, which align with the EU Taxonomy. Coal 
phase-out and replacement of current coal locations by renewable or low-carbon assets are 
already included in the Group’s strategy, VISION 2030—Clean Energy of Tomorrow. In addition, 
CEZ Group actively discloses corporate ESG data, increases both the quality and scope of 
non-financial reporting, and strives to be a leader in climate-related activities in the Czech 
Republic. 
pp. 16-18
RM-C
Integration into 
CEZ Group’s Overall 
Risk Management 
CEZ Group recognizes the complex and overarching nature of climate-related risks and the 
importance of climate-related risk assessment and adaptation to transition risks. Climate-
related risks can trigger other types of risks and jeopardize stakeholder relationships. The 
management and mitigation of climate-related risks have been included in the CEZ Group’s 
ESG agenda and incorporated into its strategy VISION 2030—Clean Energy of Tomorrow. 
The Group monitors regulations related to climate at the national and EU level and non-
governmental organizations and initiatives. CEZ Group’s significant business and strategic risks 
are recorded, monitored, and managed under the Unified Group Significant Risk Management 
Scheme. Strategic, regulatory, and legislative business risks are assessed on an ongoing basis 
and considered when updating acquisition and investment strategies to reflect changes in 
CEZ Group’s debt and financial capacities.
p. 18
MT: 
Metrics and Targets
MT-A
Assessment Metrics 
for Climate-
related Risks and 
Opportunities 
CEZ Group reports its data for all areas of ESG according to internationally recognized standards 
such as GRI, SASB, WEF, and SDGs. The Group has disclosed various climate-related risk and 
opportunity metrics such as GHG emissions, waste management, water management, and 
biodiversity. The Remuneration Policy incorporates climate-related performance metrics, and the 
fulfillment of these metrics is assessed by the Supervisory Board. We report our GHG emissions 
using the Greenhouse Gas Protocol, and we have independently verified our Scope 1 and 2 
emissions since the beginning of the EU Emissions Trading System. We report material Scope 3 
categories 3 and 11, and we are currently evaluating the relevance of other Scope 3 categories. 
Current estimates show that these categories count for less than 5% of total Scope 3 emissions.
pp. 19-20
MT-B
Greenhouse 
Gas Emissions 
Disclosures 
CEZ Group has independently verified a significant portion of its Scope 1 emissions since the 
EU Emissions Trading System’s inception in 2007. As of 2021, all greenhouse gas emissions 
in Scope 1 and 2 are verified by an independent verification body. Our Sustainability Reports 
provide further information on the scope and parameters of verification. We have launched 
an interactive Data Library available on-line, offering hundreds of ESG indicators, including 
historical trends, to enhance transparency.
p. 21
MT-C
Targets and 
Performance 
CEZ Group has set ambitious climate-related targets in line with the Paris Agreement and 
has summarized them in its VISION 2030—Clean Energy of Tomorrow. These targets include 
reducing CO2 emissions, decreasing the share of coal-fired electricity generation, reducing 
toxic emissions, and developing new renewable capacity. The Group is also investing in smart 
grids, fiber optic networks, and electric mobility infrastructure. The Group’s performance 
against these targets shows that it is on track to achieve its goals, although external factors 
such as energy market volatility and the war in Ukraine could temporarily affect its trajectory. 
Nevertheless, CEZ Group remains fully committed to its existing targets.
pp. 22-23
CEZ Group      Sustainability Report 2022      TCFD Index

159
Abbreviations
Abbreviation
Meaning
AA1000 SES
International Stakeholder Engagement Standard
AFIR
Alternative Fuels Infrastructure Regulation
AKI CR
Czech Association of Critical Infrastructure 
Al
Aluminium
ALARA 
As Low As Reasonably Achievable
As
Arsenic
ATF
Accident tolerant fuel
B2B
Business-to-Business
B2C
Business-to-Customer
BAT
Best available techniques 
BEV
Battery electric vehicles 
Ca
Calcium
CAPEX
Capital expenditures
CCA
Climate change adaptation 
CCM
Climate change mitigation 
CCPs
Coal Combustion Products 
Cd
Cadmium
CES
Customer effort score
CFB
Corporate Fire Brigade unit 
CFO
Chief Financial Officer
CH4
Methane
CII
Critical information infrastructure 
CMB
Crisis Management Board 
CMS
Compliance Management System
CO2
Carbon dioxide
CPC
Carbon Performance Contract
Cr
Chromium
CRC
Czech Republic Chapter 
CSAT
Customer satisfaction score
CSIRT
Computer Security Incident Response Team 
CSO
Chief Sustainability Officer
Cu
Copper
CX
Customer Experience 
CZU
Czech University of Life Sciences Prague
ČEPS
Czech Transmission System Operator
DISA
Diversity and Inclusion Strategic Assessment 
DNSH
Do No Significant Harm
DPO
Data Protection Officer
EC
European Commission
EDU
Dukovany NPP
EF
Emission factor
EIA
Environmental Impact Assessment 
EIEP
European Industrial Emissions Portal 
EMP
E-mobility provider 
EMS
Environmental Management System
EnMS
Energy Management System 
ENSREG
The European Nuclear Safety Regulators Group
EPC
Energy Performance Contracting 
EPP
Mobile phone application - EPP Help by Movement
EPP
Emergency Preparedness Plan 
EPRI
Electric Power Research Institute
E-PRTR
European Pollutant Release and Transfer Register
ERG
Employee Resource Groups 
ESC
Executive Steering Committee 
ESG
Environmental, Social, Governance
ESRS
European Sustainability Reporting Standards 
ETE
Temelín NPP
EU
European Union
EU Directive NIS2 
Directive on measures to ensure a high common level of cybersecurity in the EU
EU ETS
The EU Emissions Trading System 
EY
Ernst & Young 
FMEA
Failure Mode and Effects Analysis
CEZ Group      Sustainability Report 2022

160
Abbreviation
Meaning
FRR
Frequency Reserve Restoration 
GDPR
General Data Protection Regulation
Gemis
Global Emission Model for Integrated Systems
GHG
Greenhouse Gas 
GRI
Global Reporting Initiative Standards
GWP
Global warming potencial
HFC
Hydrofluorocarbons
Hg
Mercury 
HPC
High power charging
HR
Human resources
IAEA
International Atomic Energy Agency
ICS
Industrial Control System
ICT
Information and Communication Technologies
IERE
International Electric Research Exchange
IFRS
International Financial Reporting Standard
ILO
International Labor Organisation
IPCC
The Intergovernmental Panel on Climate Change
IRZ
Integrated Pollution Register 
ISACA
Information Systems Audit and Control Association
ISMS
Information Security Management System
ISO
The International Organization for Standardization
ISPOP
Information System for the Fulfillment of Reporting Obligations 
IUCN
International Union for Conservation of Nature
KPI
Key Performance Indicator
LFCA
Leaders for Climate Action 
LGBTQ+
Lesbian, gay, bisexual, transgender and intersex persons based on sexual orientation and/or gender identity
LMS
Learning Management System 
LNG
Liquefied natural gas
Mg
Magnesium
MIT
Ministry of industry and trade
MW
Megawatt
N2O
Nitrous oxide
NAZCA
Non-State Actor Zone for Climate Action 
NCA CR
Nature Conservation Agency of the Czech Republic 
NEN
National Electronic Tool
NF3
Nitrogen trifluoride
Ni
Nickel
NOx
Nitrogen Oxides
NPP
Nuclear power plant
NPS
Net Promoter Score
NPV
Net Present Value
NÚKIB
National Office for Cyber and Information Security 
ODS
Ozone-depleting substances 
OECD
The Organization for Economic Cooperation and Development
OHS
Occupational Health and Safety Management System
OPEX
Operational expenditure
OSART
Operational Safety Review Team (IAEA)
Pb
Lead
PCB
Polychlorinated biphenyls
PDCA 
Plan-do-check-act
PERC
Solar panel type
PFC
Perfluorocarbons
PJ
Petajoule
PM10
Particulate matter of different sizes 
PM2.5
Particulate matter of different sizes 
POPs
Persistent organic pollutants 
PWD 
Person with a disability
R&D
Research and development 
RAW
Radioactive waste
RCŘ
Research Centre Řež 
RES 
Renewable energy sources
SASB
Sustainability Accounting Standards Board 
SBTi
The Science Based Targets initiative 
SBTN
Science Based Targets for Nature 
SDGs
Sustainable Development Goals
SF6
Sulfur hexafluoride
CEZ Group      Sustainability Report 2022     Abbreviations

161
Abbreviation
Meaning
Si
Silicon
SMR
Small modular reactors
SO2
Sulfur dioxide 
SOC
Security Operations Center 
SONS
State Office for Nuclear Safety 
SSC
Strategic Steering Committee 
SSR-1 IAEA
Specific Safety Requirement 1, International Atomic Energy Agency
SÚRAO
Radioactive Waste Repository Authority
T30T
A nuclear programme that ensures production of at least 30 TWh per year while maintaining safe and stable operation
TCFD
Task Force on Climate-related Financial Disclosures 
TNFD
Taskforce on Nature-related Financial Disclosures 
UCT
University of chemistry and technology Prague
ÚJV
Institute of Nuclear Research
UN
United Nations
UNECE
United Nations Economic Commission for Europe
UNGC
United Nations Global Compact 
UNICEF
United Nations International Children's Emergency Fund
VOC
Volatile organic compounds 
VR
Virtual reality
WEEE
Waste of Electrical and Electronic Equipment
WEF
The World Economic Forum metrics 
WENRA
Western European Nuclear Regulators Association
WtE
Waste to Energy
Zn
Zinc
CEZ Group      Sustainability Report 2022     Abbreviations

Independent 
Auditors’ 
Reports

163
CEZ Group      Sustainability Report 2022

164
CEZ Group      Sustainability Report 2022     Independent Auditors' Reports

165
CEZ Group      Sustainability Report 2022     Independent Auditors' Reports

Report on the verification of the CEZ Group's GHG inventory according to the GHG Protocol standard 
 
 
 
  
 
 
 
 
 
 
 
 
 
Report on the verification of the CEZ Group's GHG inventory 
according to the GHG Protocol standard 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
166
CEZ Group      Sustainability Report 2022     Independent Auditors' Reports

Report on the verification of the CEZ Group's GHG inventory according to the GHG Protocol standard 
 
 
 
  
 
Data on the purpose of processing 
Title: 
Verification of the CEZ Group's greenhouse gas inventory 
for 2022  
Purpose of the assessment: 
Assessment of compliance with the Greenhouse Gas 
Protocol criteria 
Area of assessment: 
Assessment of the consistency of the GHG Protocol data 
collection and compilation method and the GHG calculation 
levels of the organisation carried out according to the 
methodologies for Scope 1, 2 and 3 
 
 
 
 
 
Identification data of the processor: 
 
BUREAU VERITAS SERVICES CZ, s.r.o. 
Olbrachtova 1589/1, Krč, 140 00 Praha 4 
ID: 08800472 
Auditor: 
Mgr. Regina Kotianová 
 
 
Verified year: 
2022 
Scope of audit: 
Verification of the reporting of greenhouse gas 
emissions in the scope of direct and indirect 
emissions of the CEZ Group for the verification 
year 2022 
 
 
 
 
 
 
167
CEZ Group      Sustainability Report 2022     Independent Auditors' Reports

Report on the verification of the CEZ Group's GHG inventory according to the GHG Protocol standard 
 
 
 
  
Verification report 
 
The aim of the verification was to review the correctness, relevance and adequacy of the CEZ Group's 
greenhouse gas inventory, within the scope of the established limits. The verification confirmed that 
the criteria of the GHG Protocol standard and the universal GRI index for the energy sector are met. 
 
The calculation of greenhouse gas emissions was carried out in accordance with the standards of the 
GHG Protocol. Activity data was multiplied by the relevant emission factors. The overall determined 
amount of greenhouse gas emissions was related to the total production of electricity and thermal 
energy and the emission intensity of the CEZ Group was calculated. 
 
The greenhouse gas inventory is based on method of data collection and processing, which is 
governed by internal documentation for reporting and monitoring systems in the EU ETS system, as 
well as identification opportunities for reducing the organization's greenhouse gas emissions and the 
programs created for them to achieve the goals for reducing greenhouse gas emissions. 
 
The company has established and maintained environmental and energy management policies that 
have a direct impact on the control and management of significant emission sources. 
  
The input data for significant sources is related mainly to combustion stationary sources and their 
input raw materials in a wide range of material flows to the company's production processes. Both 
energy produced and energy bought or sold are included in the quantification. 
 
The company's quantification is based on the GHG Protocol documentation - Direct greenhouse gas 
(GHG) emissions (Scope 1), Energy indirect greenhouse gas (GHG) emissions (Scope 2) and Other 
indirect greenhouse gas (GHG) emissions (Scope 3). 
 
After examining all the evidentiary information, it was evaluated that an adequate level of assurance 
was provided to assess the conformity of the method of data collection and processing according to 
the GHG Protocol and the levels of the CEZ Group's greenhouse gas calculation carried out according 
to the methodologies for Scope 1, Scope 2 and Scope 3. 
 
Overall, it is possible to evaluate the quality of data processing as a high-level process and the output 
as credible and suitable for further reporting, with a recommendation to expand the system 
elements of the ISO 14064-1 standard. 
 
The auditor confirms that he has maintained his independence and that he has the required 
competence and experience to perform this assurance engagement. 
 
 
 
 
 
 
 
 
 
 
In Prague: 29 May 2023 
 
 
 
 
   Mgr. Regina Kotianová 
 
 
 
 
 
 
 
 
 
Verifier 
168
CEZ Group      Sustainability Report 2022     Independent Auditors' Reports

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