Tennet Sustainability Profile
TenneT Holding B.V., commonly known as TenneT, is a leading European electricity transmission system operator headquartered in the Netherlands (NL). Established in 1998, TenneT plays a pivotal role in the energy sector, primarily focusing on the transmission of high-voltage electricity across the Netherlands and Germany, with operational activities extending into parts of Belgium and Denmark. TenneT is renowned for its commitment to sustainable energy solutions, managing a vast network of high-voltage lines and substations. The company has achieved significant milestones, including the integration of renewable energy sources into its grid, positioning itself as a key player in the transition to a low-carbon economy. With a strong market presence, TenneT is recognised for its innovative approach to grid management and its dedication to ensuring a reliable energy supply across its operational regions.
DitchCarbon Score
How does Tennet's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Tennet's score of 63 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tennet's reported carbon emissions
In 2024, TenneT Holding B.V., headquartered in the Netherlands, reported total carbon emissions of approximately 1,091,955,000 kg CO2e. This figure includes Scope 1 emissions of about 23,127,000 kg CO2e, Scope 2 emissions of approximately 699,845,000 kg CO2e (location-based), and significant Scope 3 emissions totalling around 1,068,524,000 kg CO2e. Notably, the Scope 3 emissions are primarily driven by capital goods (approximately 551,000,000 kg CO2e) and purchased goods and services (around 382,000,000 kg CO2e). TenneT has set ambitious climate commitments, aiming for a 95% reduction in absolute Scope 1 and 2 GHG emissions by 2030, using a 2019 baseline. Additionally, the company targets a 30% reduction in Scope 3 emissions from purchased goods and services and capital goods within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and reflect TenneT's commitment to climate neutrality by 2025, which encompasses material emissions across all relevant scopes. The company’s emissions data is not cascaded from any parent organization, indicating that these figures are independently reported. TenneT's proactive approach to reducing its carbon footprint underscores its role in the energy sector's transition towards sustainability.
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| 2019 | 2020 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 26,717,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 2,889,027,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | 2,395,779,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Tennet's Industry?
How Carbon Intensive is Tennet's Location?
Tennet's Scope 3 Categories Breakdown
Tennet's Scope 3 emissions, which increased by 135% last year and increased by approximately 3% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 49% of Scope 3 emissions.
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Tennet's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tennet has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Rheinisch Westfalisches Elektrizitatswerk
Frequently Asked Questions
Common questions about Tennet's sustainability data and climate commitments
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