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 32 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Tennet's reported carbon emissions
In 2023, TenneT reported total carbon emissions of approximately 4,312,681,000 kg CO2e. This figure includes Scope 1 emissions of about 22,982,000 kg CO2e, Scope 2 emissions of approximately 3,588,715,000 kg CO2e, and Scope 3 emissions totalling around 700,984,000 kg CO2e. TenneT has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 95% by 2030, using 2019 as the base year. Additionally, the company plans to cut its Scope 3 emissions from purchased goods and services and capital goods by 30% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit warming to 1.5°C. In previous years, TenneT's emissions were as follows: in 2021, total emissions were approximately 2,273,661,000 kg CO2e; in 2020, they were about 2,448,640,000 kg CO2e; in 2019, emissions reached around 2,707,847,000 kg CO2e; and in 2018, they totalled approximately 2,037,122,000 kg CO2e. TenneT's commitment to sustainability and significant reduction targets reflects its dedication to addressing climate change and reducing its carbon footprint in the energy sector.
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Add to project| 2018 | 2019 | 2020 | 2021 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 31,673,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 2,661,584,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 25,122,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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 committed to some reduction initiatives 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.
