- Macroeconomic uncertainty, market risks (fluctuations in exchange rates, interest rates, market prices, etc.), credit risk, liquidity risk.
- Non-financial risks related to Governance, Environment and Society.
- Climate Change physical and transitional risks and opportunities.
GEK TERNA GROUP
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, GEK TERNA GROUP disclosed greenhouse gas emissions of 813.2K tCO2e (Scope 1). By scope: Scope 1: 813.2K tCO2e; Scope 2: 56.4K tCO2e (market-based). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
813.2K tCO2e (Scope 1)
2021
Renewable Energy
54% of total energy produced
of total energy
Waste
443.5K tons (non-hazardous) 283.92 tons (hazardous)
2021
Energy Use
4.0M MWh
2021
📊 Emissions by Scope (2021)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 813.2K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 56.4K tCO2e (market-based) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021 | 813.2K tCO2e (Scope 1) |
| 2018 | 611.0K t CO2e/year (Scope 1) |
| 2017 | 1.5M tonnes of CO2 emissions avoided |
| 2016 | 500.1K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Renewable energy production units owned by the Group produced 2,202,323 MWh, helping to prevent the release of 1,350,589 tons of greenhouse gases.
- Restoration, reforestation and regeneration works on 280 acres, planting 25,000 plants.
- Over 50% reuse of non-hazardous waste.
- 79% recovery of hazardous waste generated.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce the KPI (GHG emissions intensity) by 25% until 31.12.2025
📅 Medium-term
- Total installed capacity of TERNA ENERGY to reach 6.4 GW by 2029.
🌱 ESG Focus Areas
Climate ChangeBiodiversityNatural reserves of raw materialsEmploymentEmployee training and developmentHealth and SafetyHuman rights, diversity and equal opportunitiesRegulatory compliance and business ethics