TenneT TSO GmbH Sustainability Profile
TenneT TSO GmbH, a leading transmission system operator, is headquartered in Germany and plays a pivotal role in the European energy landscape. Founded in 1998, TenneT has established itself as a key player in the electricity sector, primarily focusing on the development and operation of high-voltage transmission networks across Germany and the Netherlands. With a commitment to facilitating the transition to renewable energy, TenneT offers unique services in grid management and interconnections, ensuring a reliable supply of electricity. The company has achieved significant milestones, including the integration of offshore wind farms and the expansion of cross-border connections, solidifying its market position as a frontrunner in the energy transition. TenneT's innovative approach and dedication to sustainability make it a vital contributor to the future of energy in Europe.
DitchCarbon Score
How does TenneT TSO GmbH'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 Transmission 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 TSO GmbH's score of 52 is higher than 68% 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 TSO GmbH, headquartered in Germany, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. However, the company is part of a corporate family that includes TenneT Holding B.V., from which it inherits climate commitments and initiatives. TenneT TSO GmbH's climate commitments are aligned with those of TenneT Holding B.V., which has established various reduction initiatives. These include participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are aimed at enhancing transparency and accountability in emissions reduction efforts. The company is also involved in the Race to Zero campaign, further demonstrating its commitment to climate action. As a current subsidiary of TenneT Holding B.V., TenneT TSO GmbH benefits from the overarching sustainability strategies and targets set by its parent organisation. While specific reduction targets for TenneT TSO GmbH are not detailed, the alignment with TenneT Holding B.V.'s initiatives indicates a commitment to reducing carbon emissions in line with industry standards. In summary, while TenneT TSO GmbH does not provide specific emissions data, it is actively engaged in climate commitments through its relationship with TenneT Holding B.V., focusing on transparency and reduction initiatives in the energy sector.
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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 TSO GmbH's Industry?
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TenneT TSO GmbH's Scope 3 Categories Breakdown
TenneT TSO GmbH'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 TSO GmbH'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 TSO GmbH 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.
