Terna

Electric Utilities

TRN.MI

€ 8 (1.2)%

Share price

$ 17 bn

Market Cap

$ 26 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.16x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Weaker than the -5.1% weighted average for S&P 500

FY2021

Terna aims to reduce Scope 1 + 2 by 28% by 2030 from a base year 2019

<2°C

GHG emissions and Carbon intensity

Terna reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 120 Kt (-14 /-10.4% y-o-y). At the same time, carbon intensity spiked to 58 t (+3.3/+6% y-o-y).

No public disclosure of Scope 3 emissions has been found for Terna at the moment.

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 -2.4 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	120	59	61
2019Q4	134	68	65	2,309	58
2018Q4	127	63	64	2,326	55
2017Q4	148	76	72	2,442	61
2016Q4	137	62	75	2,318	59
2015Q4	137	67	70	2,332	59

Terna

Carbon footprint

Primary Climate Goal

Terna aims to reduce Scope 1 + 2 by 28% by 2030 from a base year 2019

GHG emissions and Carbon intensity

Terna 's carbon footprint

Company environmental metrics