Sustainability performance

Sustainability indexes and recognitions

The continued improvement in ESG (Environmental, Social, Governance) performance has earned Terna constant growth over time in sustainability ratings, the inclusion on the main international stock exchange indexes for sustainability and the appreciation of socially responsible investors.

In 2011, Terna was confirmed on all the major international sustainability stock exchange indexes, including the Dow Jones Sustainability Index (World and Europe), and was included on the new STOXX Global ESG Leaders indexes, with a presence - the only Italian utility - in all the related sub-indexes specialised in the environmental, social and governance field (STOXX Global Environmental Leaders, STOXX Global Social Leaders and STOXX Global Governance Leaders).

2011 recognitions include:

  • entrance into the Gold Class of the “SAM Sustainability Yearbook 2012”, based on the detailed analyses performed by SAM-Sustainable Asset Management, the sustainability ratings agency that carries out assessments for the Dow Jones indexes. On the basis of this assessment, Terna is amongst the top three electricity companies in the world with regard to sustainability performance, out of a total of 104 segment companies. The fact of belonging to the Gold Class requires a ratings score that must be less than 1% from that of the sector leader;
  • the confirmation, for the second year running, in the “Carbon Disclosure Leadership Index“ prepared by the Carbon Disclosure Project, the international initiative run in 2011 by 551 investors managing 71,000 billion dollars and aimed at guaranteeing transparency on CO2 emissions generated by businesses and on the limitation programmes implemented. In 2011, Terna came in second amongst utilities and an absolute third in terms of transparency in communication on its carbon footprint, a result that is even more important if we consider that Terna is not subject to any obligation to reduce emissions nor to any type of emission trading scheme.