Terna

Terna reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1,727 Kt (+225/+15% y-o-y). Carbon intensity also increased to 559 t (+44/+8.5% y-o-y).

Terna's Scope 3 emissions fell to 32 Kt (-131 /-80.1% y-o-y). The decline accelerated compared to the CAGR of -54.4% since 4Q'19.

The company is committed to reducing Scope 1 + 2 by 28% by 2030 from a base year 2019, which translates into the estimated reduction of -45 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.