Terna S.p.A., an Italian electric utility company, specializes in electricity transmission services. It serves a crucial role in maintaining and ensuring the robustness and reliability of the electric... Terna S.p.A., an Italian electric utility company, specializes in electricity transmission services. It serves a crucial role in maintaining and ensuring the robustness and reliability of the electricity grid in Italy. As a leading electricity grid operator, Terna is responsible for the transmission and dispatching activities that ensure efficient and secure delivery of electricity across the nation. The company's operations significantly impact various sectors, particularly those reliant on stable energy supplies, such as manufacturing, commercial enterprises, and residential consumers. Further reinforcing its market significance, Terna plays a pivotal role in integrating renewable energy sources into the grid, fostering sustainable energy transition. Being a key entity in Europe's energy landscape, Terna contributes towards the EU's climate and energy objectives, highlighting its strategic importance beyond national borders. With headquarters in Rome, Terna is at the forefront of innovative energy solutions, continuously investing in grid development and technology to enhance energy efficiency and sustainability.
In 2024, Terna was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Terna has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Terna are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Turnover
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c
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Total Taxonomy Eligible A Turnover
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c
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Total Taxonomy Non-Eligible B Turnover
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c
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4.9 CCM/CCA - Transmission and distribution of electricity
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b
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c
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Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Opex
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c
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Total Taxonomy Eligible A Opex
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c
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Total Taxonomy Non-Eligible B Opex
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b
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c
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4.9 CCM/CCA - Transmission and distribution of electricity
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a
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b
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c
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Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Capex
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c
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Total Taxonomy Eligible A Capex
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b
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c
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Total Taxonomy Non-Eligible B Capex
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b
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c
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4.9 CCM/CCA - Transmission and distribution of electricity
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c
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Limited Data Preview
You are viewing a limited preview of Terna’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories (A1, A2, A, B, and A+B), at both aggregate and activity level, with historical coverage back to 2022.
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Verified Sources Behind Terna’s EU Taxonomy 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 Terna’s data sources below and access millions more through our Disclosure Search.
a. Terna's Annual Report 2024
b. Terna's Annual Report 2023
c. Terna's Annual Report 2022
Insights into Terna's Revenues from Sustainable Activities
In 2024, Terna reported EU Taxonomy-eligible revenues of EUR 3.62 billion, representing 99% of its total turnover. Of this amount, EUR 3.16 billion of Terna's revenues was classified as EU Taxonomy-aligned, indicating that 86% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Terna's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Terna's revenues become more sustainable over time?
Since 2022, Terna's taxonomy-aligned revenues decreased by 1.15%, indicating a long-term decline in environmentally sustainable revenue performance.a, c
Compared to the previous year (2023), Terna's taxonomy-aligned revenues increased by 1.18%,highlighting Terna's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.a, b
How much of Terna's revenue is eligible under the EU Taxonomy?
In 2024, Terna reported that EUR 3.62 billion of its revenue was eligible under the EU Taxonomy, representing 99% of the company's total turnover. Of this amount, EUR 3.16 billion (86% of total revenue) was classified as Taxonomy-aligned. This means that 13% of Terna's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.a
How much of Terna's eligible revenue is aligned with the EU Taxonomy?
In 2024, Terna reported that EUR 3.16 billion of its revenue was aligned under the EU Taxonomy, representing 86% of its total turnover.a
This strong alignment suggests that Terna has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.
Terna's Eligibility & Alignment Overview
Terna's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Terna's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Terna reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 86%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Terna earn from selling climate-related solutions ?
In 2024, Terna reported that EUR 3.15 billion of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 86% of the company's total revenue,indicating that Ternaprimarily focuseson solutions that support climate action through its commercial activities.a
Insights into Terna's CAPEX from Sustainable Activities
In 2024, Terna reported EU Taxonomy-eligible CAPEX of EUR 2.69 billion,representing 100% of its total CAPEX. Of this amount, EUR 2.67 billion of Terna's CAPEX was classified as EU Taxonomy-aligned, indicating that 99% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Terna's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have Terna's increased its investment in sustainable activities over time?
Since 2022, Terna's taxonomy-aligned capital expenditure (CAPEX)remained relatively stable, suggesting that Terna has neither expanded nor reduced its sustainability-focused capital investments in recent years.a, c
Compared to the previous year (2023), Terna's taxonomy-aligned CAPEX remained relatively stable, indicating that Terna maintained consistent levels of green capital expenditure, with no significant expansion or retreat in its taxonomy-aligned investment strategy.a, b
How much of Terna's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Terna reported that EUR 2.69 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 100% of the company's total CAPEX. Of this amount, EUR 2.67 billion (99% of total CAPEX) was classified as Taxonomy-aligned. This means that 1% of Terna's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Terna's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Terna reported that EUR 2.67 billion of its CAPEX was aligned under the EU Taxonomy, representing 99% of its total capital investment.a
This strong alignment suggests that Terna is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Terna's Eligibility & Alignment Overview
Terna's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is Terna's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Terna reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 99%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much Terna is investing in climate-related solutions?
In 2024, Terna allocated EUR 2.67 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 99% of the company's total capital expenditure,indicating that Ternais prioritizing climate-focused investments as a central part of its overall capital strategy.a
Insights into Terna's OPEX from Sustainable Activities
In 2024, Terna reported EU Taxonomy-eligible OPEX of EUR 158.00 million,representing 100% of its total operating expenses (OPEX). Of this amount, EUR 150.00 million of Terna's OPEX was classified as EU Taxonomy-aligned, indicating that 95% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Terna's Taxonomy-Eligible Opex Over Time
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have Terna's increased its spending in sustainable activities over time?
Since 2022, Terna's taxonomy-aligned operating expenditure (OPEX)increased by 1.06%,pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.a, c
Compared to the previous year (2023), Terna's taxonomy-aligned OPEX remained relatively stable, indicating that Terna maintained consistent levels of sustainable operational expenditure, without significant changes in taxonomy-aligned activity coverage.a, b
How much of Terna's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Terna reported that EUR 158.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 100% of the company's total OPEX. Of this amount, EUR 150.00 million (95% of total OPEX) was classified as Taxonomy-aligned. This means that 5% of Terna's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Terna's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Terna reported that EUR 150.00 million of its OPEX was aligned under the EU Taxonomy, representing 95% of its total operational expenditure.a
This strong alignment suggests that Terna is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.
Terna's Eligibility & Alignment Overview
Terna's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is Terna's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Terna reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 92%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much of Terna's operational budget supports climate-related solutions?
In 2024, Terna allocated EUR 145.36 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 92% of the company's total OPEX,indicating that Ternais focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.a
b
c
b
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b
a
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b