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 52 is higher than 74% 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 2,669,516,000 kg CO2e globally. This figure includes 28,649,000 kg CO2e from Scope 1 emissions, 180,725,000 kg CO2e from Scope 2 emissions (market-based), and 2,460,142,000 kg CO2e from Scope 3 emissions. Notably, their emissions in the Netherlands amounted to about 1,091,955,000 kg CO2e, while in Germany, they were approximately 1,577,561,000 kg CO2e. TenneT has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions by 95% by 2030, using 2019 as a baseline. Additionally, they plan to cut Scope 3 emissions from purchased goods and services and capital goods by 30% within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are consistent with the goal of limiting global warming to 1.5°C. Furthermore, TenneT has a climate-neutrality target for 2025, which encompasses their material emissions across Scope 1, 2, and the mobility segment of Scope 3. This commitment was approved in 2018 and reflects their dedication to sustainability and reducing their carbon footprint in the energy sector.
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| 2019 | 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 26,717,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 2,889,027,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 3 | 2,395,779,000 | 00,000,000 | 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.
