GEK Terna SA

Common Name
GEK Terna
Country
Greece
Sector
Industrials
Industry
Engineering & Construction
Employees
6,729
Ticker
GEKTERNA
Exchange
ATHENS EXCHANGE S.A. CASH MARKET
Description
Gek Terna S.A. is a prominent Greek conglomerate specializing in construction and energy markets. The company is primarily focused on infrastructure projects and renewable energy solutions, playing a ...

GEK Terna's GHG Emissions Data Preview

In 2024, GEK Terna completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

GEK Terna has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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b
0000000
Location-Based
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b
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind GEK Terna’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore GEK Terna’s data sources below and access millions more through our Disclosure Search.

a. GEK Terna's Financial Report 2024
a. GEK Terna's Financial Report 2024
b. GEK Terna's Financial Report 2023
b. GEK Terna's Financial Report 2023
c. GEK Terna's Financial Report 2022
c. GEK Terna's Financial Report 2022

Insights into GEK Terna's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of GEK Terna amounted to 858,912.16 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of GEK Terna increased by 44.67%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

GEK Terna's Scope 1 Emissions Over Time

20212022202320240250 k500 k750 k1 MtCO2e+8%-35%+40%
  • Total Scope 1
  • Year-over-Year Change

What are GEK Terna's Scope 1 emissions?

In 2024, the total Scope 1 emissions of GEK Terna were 801,370.84 metric tons of CO₂ equivalent (tCO₂e). a

Has GEK Terna reduced its Scope 1 emissions over time?

Since 2021, GEK Terna's Scope 1 emissions have decreased by 1.46%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2023), GEK Terna's Scope 1 emissions increased by 40.4%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are GEK Terna's Scope 2 emissions?

In 2024, GEK Terna reported Scope 2 greenhouse gas (GHG) emissions of 52,551.14 tCO₂e using the market-based method and 57,541.32 tCO₂e using the location-based method. a

Has GEK Terna reduced its Scope 2 emissions over time?

Since 2021, GEK Terna's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 10.84%, reflecting a declining long-term trend in Scope 2 emissions over time. a c

Compared to the previous year (2023), GEK Terna's Scope 2 emissions (Location-Based) rose by 150.97% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b

What methodology does GEK Terna use for Scope 2 reporting?

In 2024, GEK Terna reported its Scope 2 emissions using the market-based method and using the location-based method. a

GEK Terna's Scope 2 Emissions Over Time

2021202220232024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into GEK Terna's Value Chain Emissions

In 2024, GEK Terna reported 6,434,242.26 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of GEK Terna includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

GEK Terna's Scope 3 Emissions Over Time

202402 M4 M6 M8 MtCO2e
  • Total Scope 3
  • Year-over-Year Change

What are GEK Terna's Scope 3 emissions?

In 2024, GEK Terna reported total Scope 3 emissions of 6,434,242.26 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 65.31% of these emissions originated from upstream activities such as purchased goods and capital goods, while 34.69% came from downstream activities like product use, distribution, and end-of-life treatment. a

What categories of Scope 3 emissions does GEK Terna disclose?

In 2024, GEK Terna reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of GEK Terna's Scope 3 emissions?

In 2024, the largest contributors to GEK Terna's Scope 3 emissions were: a

  • Fuel- and Energy-Related Services (Cat. 3): 2,375,603.72 tCO₂e (36.92%)
  • Use of Sold Products (Cat. 11): 2,184,819.36 tCO₂e (33.96%)
  • Purchased Goods and Services (Cat. 1): 877,868.83 tCO₂e (13.64%)

GEK Terna's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(13.6%)Use of Sold Products(Cat. 11)(34.0%)Fuel- andEnergy-RelatedServices (Cat. 3)(36.9%)

Insights into GEK Terna’s GHG Emissions Intensity Compared to Industry Peers

In 2024, GEK Terna reported Scope 1 greenhouse gas (GHG) emissions of 801,370.84 tCO₂e and total revenues of USD 3,382 millions. This translates into an emissions intensity of 236.96 tCO₂e per millions USD. a

GEK Terna's Scope 1 Emissions Intensity Compared to Peers

52005,000100,0002,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)HLUCCMT Hoejgaard HoldingYear: 2024Scope 1: 13,298 tCO2eRevenue: $M 1,489Scope 1 Intensity: 8.93 tCO2e/$MHHHazama AndoYear: 2023Scope 1: 64,000 tCO2eRevenue: $M 2,794Scope 1 Intensity: 22.91 tCO2e/$MGamudaYear: 2023Scope 1: 6,718 tCO2eRevenue: $M 1,814Scope 1 Intensity: 3.70 tCO2e/$MLLL & K EngineeringYear: 2024Scope 1: 198 tCO2eRevenue: $M 1,987Scope 1 Intensity: 0.10 tCO2e/$MEllaktorYear: 2023Scope 1: 17,303 tCO2eRevenue: $M 429Scope 1 Intensity: 40.35 tCO2e/$MYITYear: 2024Scope 1: 18,300 tCO2eRevenue: $M 1,894Scope 1 Intensity: 9.66 tCO2e/$MRail Vikas NigamYear: 2025Scope 1: 12 tCO2eRevenue: $M 2,311Scope 1 Intensity: 0.01 tCO2e/$MDL E&CYear: 2024Scope 1: 54,004 tCO2eRevenue: $M 5,669Scope 1 Intensity: 9.53 tCO2e/$MUUUnited Integrated ServicesYear: 2023Scope 1: 15 tCO2eRevenue: $M 2,240Scope 1 Intensity: 0.01 tCO2e/$MPer Aarsleff HoldingYear: 2023Scope 1: 73,381 tCO2eRevenue: $M 2,871Scope 1 Intensity: 25.56 tCO2e/$MCCCRHICYear: 2023Scope 1: 40,029 tCO2eRevenue: $M 4,231Scope 1 Intensity: 9.46 tCO2e/$MAecon GroupYear: 2024Scope 1: 107,693 tCO2eRevenue: $M 2,949Scope 1 Intensity: 36.51 tCO2e/$MAfryYear: 2024Scope 1: 340 tCO2eRevenue: $M 2,464Scope 1 Intensity: 0.14 tCO2e/$MTodaYear: 2023Scope 1: 54,946 tCO2eRevenue: $M 4,108Scope 1 Intensity: 13.38 tCO2e/$MAF GruppenYear: 2024Scope 1: 41,042 tCO2eRevenue: $M 2,665Scope 1 Intensity: 15.40 tCO2e/$MKoninklijke HeijmansYear: 2024Scope 1: 16,871 tCO2eRevenue: $M 2,689Scope 1 Intensity: 6.27 tCO2e/$MBravida HoldingYear: 2024Scope 1: 15,876 tCO2eRevenue: $M 2,691Scope 1 Intensity: 5.90 tCO2e/$MInfroneer HoldingsYear: 2023Scope 1: 209,146 tCO2eRevenue: $M 5,344Scope 1 Intensity: 39.14 tCO2e/$MAvaxYear: 2024Scope 1: 16,873 tCO2eRevenue: $M 678Scope 1 Intensity: 24.89 tCO2e/$MSacyrYear: 2023Scope 1: 87,540 tCO2eRevenue: $M 5,102Scope 1 Intensity: 17.16 tCO2e/$MCCComsys HoldingsYear: 2023Scope 1: 65,000 tCO2eRevenue: $M 4,229Scope 1 Intensity: 15.37 tCO2e/$MHyundai Engineering & ConstructionYear: 2023Scope 1: 270,467 tCO2eRevenue: $M 23,204Scope 1 Intensity: 11.66 tCO2e/$MMorgan Sindall GroupYear: 2023Scope 1: 8,733 tCO2eRevenue: $M 5,243Scope 1 Intensity: 1.67 tCO2e/$MBalfour BeattyYear: 2024Scope 1: 130,878 tCO2eRevenue: $M 10,333Scope 1 Intensity: 12.67 tCO2e/$MGEK TernaYear: 2024Scope 1: 801,371 tCO2eRevenue: $M 3,382Scope 1 Intensity: 236.96 tCO2e/$M

How does GEK Terna's GHG emissions intensity compare to its peers?

In 2024, GEK Terna reported a Scope 1 emissions intensity of 236.96 tCO₂e per millions USD. Compared to the peer group median of 10.66 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does GEK Terna rank on GHG emissions intensity within its industry?

In 2024, GEK Terna ranked 25 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places GEK Terna among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into GEK Terna's Total Carbon Footprint

In 2024, GEK Terna reported a total carbon footprint of 7,293,154.42 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,128.41% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to GEK Terna's total carbon footprint was Scope 3 emissions, accounting for 88.22% of the company's total carbon footprint, followed by Scope 1 emissions at 10.99%. a

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