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Terna Rete Elettrica Nazionale SpA

Common Name
Terna
Country
Italy
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
6,765
Ticker
TRN
Exchange
EURONEXT MILAN
Description
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 GHG Emissions Data Preview

In 2024, 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).

Terna has also provided a category-level breakdown for 11 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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Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind 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 Terna’s data sources below and access millions more through our Disclosure Search.

a. Terna's Annual Report 2024
a. Terna's Annual Report 2024
b. Terna's Annual Report 2023
b. Terna's Annual Report 2023
c. Terna's Annual Report 2022
c. Terna's Annual Report 2022

Insights into Terna's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofTerna amounted to1,351,211.6metric 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 Ternadecreased by 16.2%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Terna's Scope 1 Emissions Over Time

20202021202220232024020 k40 k60 k80 ktCO2e+15%+5%+1%+2%
  • Total Scope 1
  • Year-over-Year Change

What are Terna's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Terna were 79,421.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Terna reduced its Scope 1 emissions over time?

Since 2020, Terna's Scope 1 emissions have increased by 24.99%, reflecting a rising long-term trend in Scope 1 emissions over time.ac

Compared to the previous year(2023), Terna's Scope 1 emissions increased by 2.36%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Terna's Scope 2 emissions?

In 2024, Terna reported Scope 2 greenhouse gas (GHG) emissions of 1,272,065.3 tCOâ‚‚e using the market-based method and 1,271,789.8 tCOâ‚‚e using the location-based method.a

Has Terna reduced its Scope 2 emissions over time?

Since 2020, Terna's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 12.3%, reflecting a declining long-term trend in Scope 2 emissions over time.ac

Compared to the previous year(2023), Terna's Scope 2 emissions(Location-Based) fell by 17.14% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab

What methodology does Terna use for Scope 2 reporting?

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

Terna's Scope 2 Emissions Over Time

202020212022202320240450 k900 k1.35 M1.8 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Terna's Value Chain Emissions

In 2024, Terna reported 1,770,446.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Terna includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,up from 10 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Terna's Scope 3 Emissions Over Time

20212022202320240550 k1.1 M1.65 M2.2 MtCO2e+4%+32%-19%
  • Total Scope 3
  • Year-over-Year Change

What are Terna's Scope 3 emissions?

In 2024, Terna reported total Scope 3 emissions of 1,770,446.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 51.39%of these emissions originated from upstream activities such as purchased goods and capital goods, while 48.61%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Terna's Scope 3 emissions decreased by 18.83%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Terna disclose?

In 2024, Terna reported emissions for 11 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 Terna's Scope 3 emissions?

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

  • Use of Sold Products (Cat. 11): 859,960.8 tCOâ‚‚e(48.57%)
  • Fuel- and Energy-Related Services (Cat. 3): 524,536.4 tCOâ‚‚e(29.63%)
  • Purchased Goods and Services (Cat. 1): 200,220.2 tCOâ‚‚e(11.31%)

Terna's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(11.3%)Fuel- andEnergy-RelatedServices (Cat. 3)(29.6%)Use of Sold Products(Cat. 11)(48.6%)

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

In 2024, Terna reported Scope 1 greenhouse gas (GHG) emissions of 79,421.8 tCOâ‚‚e and total revenues of USD 3,795 millions. This translates into an emissions intensity of 20.93 tCOâ‚‚e per millions USD.a

Terna's Scope 1 Emissions Intensity Compared to Peers

2,00050,0001,000,00020,000,000200,000,000Scope 1 Emissions (tCO2e)5005,00050,000500,0005,000,000Revenues (Millions of USD)JTEmeraYear: 2024Scope 1: 13,381,615 tCO2eRevenue: $M 5,005Scope 1 Intensity: 2,673.53 tCO2e/$MPortland General ElectricYear: 2024Scope 1: 6,412,964 tCO2eRevenue: $M 3,440Scope 1 Intensity: 1,864.23 tCO2e/$MCPFL EnergiaYear: 2024Scope 1: 80,770 tCO2eRevenue: $M 6,900Scope 1 Intensity: 11.71 tCO2e/$MRedeia CorporacionYear: 2024Scope 1: 25,992 tCO2eRevenue: $M 1,659Scope 1 Intensity: 15.67 tCO2e/$MJJJilin Electric PowerYear: 2024Scope 1: 12,896,189 tCO2eRevenue: $M 1,883Scope 1 Intensity: 6,850.03 tCO2e/$MPinnacle West CapitalYear: 2024Scope 1: 10,975,406 tCO2eRevenue: $M 5,125Scope 1 Intensity: 2,141.58 tCO2e/$MCMS EnergyYear: 2024Scope 1: 18,450,920 tCO2eRevenue: $M 7,515Scope 1 Intensity: 2,455.21 tCO2e/$MTenaga NasionalYear: 2024Scope 1: 38,750,000 tCO2eRevenue: $M 12,689Scope 1 Intensity: 3,053.92 tCO2e/$MElia GroupYear: 2024Scope 1: 17,640 tCO2eRevenue: $M 3,920Scope 1 Intensity: 4.50 tCO2e/$MCopelYear: 2024Scope 1: 17,318 tCO2eRevenue: $M 3,666Scope 1 Intensity: 4.72 tCO2e/$MEnerjisa EnerjiYear: 2024Scope 1: 40,314 tCO2eRevenue: $M 5,389Scope 1 Intensity: 7.48 tCO2e/$MOGE EnergyYear: 2023Scope 1: 9,040,683 tCO2eRevenue: $M 2,674Scope 1 Intensity: 3,380.58 tCO2e/$MGlobal Power SynergyYear: 2024Scope 1: 11,655,192 tCO2eRevenue: $M 2,642Scope 1 Intensity: 4,410.69 tCO2e/$MAlliant EnergyYear: 2024Scope 1: 13,121,958 tCO2eRevenue: $M 3,981Scope 1 Intensity: 3,296.15 tCO2e/$MTTTXNM EnergyYear: 2022Scope 1: 4,844,547 tCO2eRevenue: $M 2,250Scope 1 Intensity: 2,153.56 tCO2e/$MENGIE Energia ChileYear: 2024Scope 1: 2,200,000 tCO2eRevenue: $M 1,751,035Scope 1 Intensity: 1.26 tCO2e/$MHawaiian Electric IndustriesYear: 2024Scope 1: 4,361,243 tCO2eRevenue: $M 3,220Scope 1 Intensity: 1,354.49 tCO2e/$MCEZYear: 2024Scope 1: 15,476,307 tCO2eRevenue: $M 14,028Scope 1 Intensity: 1,103.24 tCO2e/$MShikoku Electric PowerYear: 2024Scope 1: 7,170,000 tCO2eRevenue: $M 5,199Scope 1 Intensity: 1,379.00 tCO2e/$MXcel EnergyYear: 2024Scope 1: 32,660,000 tCO2eRevenue: $M 13,441Scope 1 Intensity: 2,429.88 tCO2e/$MChina PowerYear: 2024Scope 1: 49,876,065 tCO2eRevenue: $M 8,066Scope 1 Intensity: 6,183.16 tCO2e/$MEversource EnergyYear: 2024Scope 1: 153,699 tCO2eRevenue: $M 11,901Scope 1 Intensity: 12.92 tCO2e/$MPOWERGRIDYear: 2025Scope 1: 49,785 tCO2eRevenue: $M 5,360Scope 1 Intensity: 9.29 tCO2e/$MWEC Energy GroupYear: 2024Scope 1: 19,060,000 tCO2eRevenue: $M 8,600Scope 1 Intensity: 2,216.30 tCO2e/$MTernaYear: 2024Scope 1: 79,422 tCO2eRevenue: $M 3,795Scope 1 Intensity: 20.93 tCO2e/$M

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

In 2024, Terna reported a Scope 1 emissions intensity of 20.93 tCOâ‚‚e per millions USD. Compared to the peer group median of 2,002.91, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2024, Terna ranked 9 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Terna is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Terna's Total Carbon Footprint

In 2024, Terna reported a total carbon footprint of 3,121,657.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.71% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Terna's total carbon footprint was Scope 3 emissions, accounting for 56.71% of the company's total carbon footprint, followed by Scope 2 emissions at 40.74%.a

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