Terna Spa

Terna Spa, based in Italy and operating in the distribution and trade of electricity, reported estimated total carbon emissions of approximately 3.15 billion kg CO2e for 2025. This includes about 64.89 million kg CO2e from Scope 1 emissions, approximately 1.19 billion kg CO2e from Scope 2 market-based emissions, and around 1.90 billion kg CO2e from Scope 3 emissions.

In 2024, the company's estimated total emissions were approximately 3.12 billion kg CO2e, comprising around 79.42 million kg CO2e (Scope 1), about 1.27 billion kg CO2e (Scope 2 market-based), and roughly 1.77 billion kg CO2e (Scope 3). For 2023, Terna Spa's Scope 1 emissions were approximately 77.59 million kg CO2e and Scope 2 emissions were about 1.53 billion kg CO2e.

Terna Spa is committed to significant emissions reductions. The company has set Science-Based Targets initiative (SBTi) approved goals to reduce absolute Scope 1 and 2 GHG emissions by 46.2% by 2030, using a 2019 base year. Additionally, Terna Spa aims to reduce absolute Scope 3 GHG emissions by 11.1% by 2030, from a 2021 base year. The company's reported Scope 1 and 2 emissions for 2025 were approximately 1.26 billion kg CO2e, representing a 31% decrease from its 2019 base year. Terna Spa is also committed to achieving net-zero emissions across all scopes by 2050, aligning with the European Green Deal.