CEZ Trade renders assistance to KBC Group in Bulgaria to achieve its environmental objectives
15 November 2019
CEZ Trade Bulgaria, the largest trader on the free market in Bulgaria, sells green energy to the Bulgarian companies of KBC Group. In 2018, the companies United Bulgarian Bank AD and DZI - General Insurance JSC and DZI - Life Insurance JSC, part of the largest financial group in Bulgaria - KBC Group, added yet another measure through which to improve their environmental management system, namely the purchase of green energy produced from renewable energy sources. Thanks to the purposeful implementation of this policy so far, the Group will contribute to the reduction of the environmental footprint of its daily operations, which is equivalent to 8 500 tonnes of carbon emissions less.
"More and more companies are approaching us to deliver green energy to them, aware of their duty to environmental protection. This is evidence of the maturity stage of Bulgarian business. We, at CEZ Trade, are ready to help them achieve their corporate goals”, said Vladimir Dichev, Executive Director of CEZ Trade Bulgaria EAD.
"KBC Group supports its customers with a number of mechanisms through which it creates opportunities for reducing their energy consumption. In their relations with us, they find a full-value partner who works with them not only operationally, but also in terms of tactical approach and strategy, so that together we can have a positive impact on our environment and the societies in which we develop. It is only natural for us to ourselves manifest our own commitment to the environment by purchasing green energy, produced from renewable energy sources,” commented Christof De Mil, UBB's Chief Financial Officer and Innovation Leader of KBC Group in Bulgaria.
"It is important for us to not only be responsible and reliable financial companies, but also to be responsible corporate citizens. The partnership with CEZ Trade supports our environmental behavior and guarantees green power for day-to-day operations,” said Boris Palichev, CFRO of DZI.
CEZ Trade Bulgaria is a 100% subsidiary of CEZ and part of CEZ Group, a leading integrated energy company, part of the top 10 energy companies in Europe. In Bulgaria, the company is a leading provider of electricity to industry and business. The company has 15 years of free-market experience, having delivered 27 terawatt hours of electrical energy and having generated BGN 2,5 billion in total sales revenue.