TERNA ENERGY Sustainability Profile
TERNA ENERGY S.A., headquartered in Greece, is a leading player in the renewable energy sector, specialising in the development, construction, and operation of wind farms, solar parks, and biomass facilities. Founded in 1999, the company has established a strong presence in various regions, including Greece, Southeast Europe, and the United States, marking significant milestones in sustainable energy production. With a diverse portfolio of core services, TERNA ENERGY focuses on innovative solutions that harness natural resources to generate clean energy. Their commitment to sustainability and technological advancement sets them apart in the industry. Recognised for their substantial contributions to renewable energy, TERNA ENERGY has achieved a prominent market position, consistently ranking among the top companies in the sector.
DitchCarbon Score
How does TERNA ENERGY'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 Insurance Services 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
TERNA ENERGY's score of 45 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TERNA ENERGY's reported carbon emissions
In 2024, TERNA ENERGY reported total carbon emissions of approximately 2,914,540 kg CO2e, comprising 445,040 kg CO2e from Scope 1 and 2,469,500 kg CO2e from Scope 2 emissions. In 2023, the company recorded emissions of about 2,659,550 kg CO2e, with 381,500 kg CO2e from Scope 1 and 2,679,050 kg CO2e from Scope 2. The 2022 data indicates a significant Scope 3 contribution of approximately 207,505,210 kg CO2e, primarily from purchased goods and services, capital goods, and upstream transportation. TERNA ENERGY has set ambitious climate commitments, aiming for net-zero carbon emissions by 2029 through increased renewable energy production capacity. Specific initiatives include transforming the 115 Combat Wing (Souda) into a near net-zero carbon impact installation by 2025, targeting both Scope 1 and Scope 2 emissions reductions. The company is committed to enhancing its renewable energy capacity to 6 GW by 2029, contributing to global decarbonisation efforts. The emissions data is cascaded from its parent company, TERNA ENERGY Industrial Commercial Technical Societe Anonyme, reflecting the company's commitment to transparency and accountability in its climate strategy.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 48,300 | - | 000,000 | 000,000 | 000,000 |
| Scope 2 | 3,059,400 | 000,000 | - | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 000,000,000 | - | - |
How Carbon Intensive is TERNA ENERGY's Industry?
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TERNA ENERGY's Scope 3 Categories Breakdown
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 60% of Scope 3 emissions.
Top Scope 3 Categories
TERNA ENERGY'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.
TERNA ENERGY has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
