CEZ Group is a Czech energy conglomerate that operates in the power generation sector. The company is one of the largest energy producers in Central and Eastern Europe, with a diverse portfolio of assets that includes coal-fired power plants, nuclear power plants, and renewable energy sources. CEZ Group is committed to decarbonisation and has set ambitious targets to reduce its carbon emissions and increase its use of renewable energy.

The company's focus on decarbonisation is driven by a recognition of the urgent need to address climate change and the role that the energy sector can play in achieving this goal. CEZ Group is committed to reducing its carbon emissions by 55% by 2030, compared to 2019 levels, and to achieving carbon neutrality by 2050. To achieve these targets, the company is investing heavily in renewable energy and is phasing out its use of coal.

CEZ Group's renewable energy portfolio includes wind, solar, and hydroelectric power. The company has invested in a number of large-scale wind farms in the Czech Republic and Poland, and is also developing solar projects in the Czech Republic and Romania. In addition, CEZ Group operates a number of hydroelectric power plants in the Czech Republic and Bulgaria.

To support its decarbonisation efforts, CEZ Group is also actively pursuing corporate energy initiatives. The company has developed a range of energy efficiency measures to reduce its energy consumption and has implemented a number of renewable energy projects to generate clean energy for its own use. CEZ Group is also working with other companies to develop corporate power purchase agreements (PPAs) that enable them to purchase renewable energy directly from the company's renewable energy projects.

Corporate PPAs are an important tool for companies that want to reduce their carbon footprint and support the development of renewable energy. By purchasing renewable energy directly from CEZ Group's renewable energy projects, companies can reduce their reliance on fossil fuels and support the growth of clean energy. In addition, corporate PPAs can provide cost savings and price stability for companies, as they are able to lock in a fixed price for their energy needs over a long-term period.

CEZ Group has already signed a number of corporate PPAs with companies in the Czech Republic, Poland, and Romania. These agreements have enabled the companies to reduce their carbon footprint and support the development of renewable energy, while also providing cost savings and price stability for their energy needs.

In addition to its focus on renewable energy and decarbonisation, CEZ Group is also committed to responsible corporate citizenship. The company has developed a range of initiatives to support the communities in which it operates, including educational programs, environmental initiatives, and social welfare programs. CEZ Group is also committed to maintaining high standards of corporate governance and transparency, and has implemented a range of measures to ensure that its operations are conducted in an ethical and sustainable manner.

Overall, CEZ Group is a leading energy company that is committed to decarbonisation and the development of renewable energy. The company's focus on corporate energy and corporate PPAs is helping to drive the growth of clean energy in Central and Eastern Europe, while also providing cost savings and price stability for companies. With its ambitious targets for reducing carbon emissions and achieving carbon neutrality, CEZ Group is playing a leading role in the transition to a low-carbon economy.