Tennet
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 55 is higher than 77% 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 reported total carbon emissions of approximately 2,669,516,000 kg CO2e globally, with emissions from Scope 1 at about 28,649,000 kg CO2e, Scope 2 at approximately 221,338,900 kg CO2e, and Scope 3 at around 2,460,142,000 kg CO2e. In the Netherlands, TenneT's total emissions were about 1,091,955,000 kg CO2e, with Scope 1 emissions at approximately 23,127,000 kg CO2e, Scope 2 at about 699,845,000 kg CO2e, and Scope 3 at around 1,068,524,000 kg CO2e. In Germany, total emissions reached about 1,577,561,000 kg CO2e, with Scope 1 emissions at approximately 5,522,000 kg CO2e and Scope 2 at around 1,503,544,000 kg CO2e. TenneT has set ambitious climate commitments, aiming to achieve a 95% reduction in absolute Scope 1 and 2 GHG emissions by 2030, using a 2019 baseline. This target is aligned with the Science Based Targets initiative (SBTi) and is consistent with limiting global warming to 1.5°C. Additionally, TenneT aims to reduce Scope 3 emissions from purchased goods and services and capital goods by 30% within the same timeframe. The company has also established a climate-neutrality target for 2025, covering its material emissions across Scope 1, 2, and the mobility portion of Scope 3. These commitments reflect TenneT's proactive approach to addressing climate change and reducing its carbon footprint, contributing to a more sustainable energy future.
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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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Tennet is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
