Complexul Energetic Oltenia S.A., commonly referred to as CEO, is a prominent player in Romania's energy sector, headquartered in Târgu Jiu, Gorj County. Established in 2012, the company emerged from the merger of several key entities, positioning itself as a leader in the production of electricity and thermal energy, primarily from coal and renewable sources. Operating mainly in the Oltenia region, CEO is dedicated to providing reliable energy solutions while adhering to environmental standards. The company’s core services include electricity generation, mining, and energy distribution, with a focus on transitioning towards sustainable practices. Notably, CEO has made significant strides in modernising its operations, enhancing efficiency, and reducing carbon emissions, solidifying its market position as a forward-thinking energy provider in Romania.
How does Complexul Energetic Oltenia S.A.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Electricity Transmission industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Complexul Energetic Oltenia S.A.'s score of 15 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Complexul Energetic Oltenia S.A., headquartered in Romania, currently does not have specific carbon emissions data available for the most recent year. However, the company is aligned with national climate commitments aimed at significant reductions in greenhouse gas emissions. Romania has set a target to reduce total greenhouse gas emissions across all sectors by approximately 50% compared to 1990 levels by the year 2030. This commitment reflects a broader effort to contribute to the decarbonisation process within the European Union. While no specific emissions data or reduction targets from the Science Based Targets initiative (SBTi) have been reported for Complexul Energetic Oltenia S.A., the company's initiatives are likely influenced by national policies and frameworks aimed at achieving these ambitious climate goals. As the organisation continues to navigate the transition towards a more sustainable energy model, it remains essential to monitor future emissions data and commitments to assess progress in reducing its carbon footprint.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Complexul Energetic Oltenia S.A. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.