Climate Change Data

TERNA ENERGY Group

Climate Impact & Sustainability Data (2020, 2023)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:48.301 tCO2e (Scope 1); 3,059.4 tCO2e (Scope 2)
Scope 1 Emissions:48.301 tCO2e
Scope 2 Emissions:3,059.4 tCO2e
Renewable Energy Share:0%
Total Energy Consumption:12,248 MWh
Water Consumption:5.62 ML
Waste Generated:31.04 tons (non-hazardous); 55.04 tons (hazardous)

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Prevented 3,006,166 tons of CO2 emissions
  • Produced 4,151,134 MWh of clean energy
  • Recycled 19.03 tons of non-hazardous waste and 55.04 tons of hazardous waste

Social Achievements

  • €1.3 million in social support (sponsorships, donations, infrastructure projects)
  • €365 million in direct economic value to stakeholders
  • 910 hours of employee training

Governance Achievements

  • Continued improving and modernizing structures and operating systems
  • Training on corporate governance and compliance
  • Aiming for full compliance with Law 4706/2020

Climate Goals & Targets

Short-term Goals:
  • Reach 3,000 MW by 2025

Environmental Challenges

  • COVID-19 pandemic impact on business activities
Mitigation Strategies
  • Implemented remote work policies, health advice, psychological support, and strict operating rules to mitigate COVID-19 risks.

Supply Chain Management

Supplier Audits: 45 internal environmental audits in 2020

Responsible Procurement
  • Collaboration with 1,927 suppliers; 1,307 Greek suppliers (67.8%)
  • Contracts include terms for compulsory compliance with health and safety legislation

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products
  • Investments in clean energy storage projects

Reporting Standards

Frameworks Used: GRI Standards, Athens Stock Exchange ESG Reporting Guide (2019), SASB Standard (Infrastructure sector - Electric Utilities & Power Generators)

Certifications: ISO 14001:2015, ISO 50001:2018, ISO 9001:2015, ISO 45001:2018, ISO 27001:2013, ISO 37001:2016

Third-party Assurance: ERNST & YOUNG HELLAS CERTIFIED AUDITORS ACCOUNTANTS SA (EY) - No third-party assurance provided.

Awards & Recognition

  • Greek Energy Award 2020 in the category “Green Energy”

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:130,356.6 t CO2e
Scope 1 Emissions:381.5 t CO2e
Scope 2 Emissions:0 t CO2e (market-based)
Scope 3 Emissions:129,975.1 t CO2e
Renewable Energy Share:95%
Total Energy Consumption:30,483 MWh
Water Consumption:3,730,525.71 m3
Waste Generated:237.6 tons
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate change mitigation and adaptation
  • Biodiversity protection
  • Water management
  • Waste management and circular economy
  • Responsible business operations
  • Value creation
  • Corporate governance

Environmental Achievements

  • 100% green electricity generated
  • Prevention of 1,079,844 t CO2e emissions
  • Installation of wildlife protection systems and implementation of wildlife monitoring programs during project construction and operation
  • Registration of TERNA ENERGY in the EU EMAS Register
  • 357 hours of staff training on environmental issues
  • Reduction of NOx emissions by 7% and SOx emissions by 54.4%

Social Achievements

  • €6.5 million in compensatory benefits to municipalities where the Group operates, corresponding to 3% of gross project revenues
  • €4.3 million allocated to the Group’s social support program
  • 3,842 hours of staff training
  • Full compliance with the requirements and recommendations of ELOT 1439:2013 standard
  • Zero incidents of human rights violations or discrimination
  • Zero incidents of personal data security breaches

Governance Achievements

  • Completion of our review of the TCFD recommendations
  • 60 internal and external audits
  • Implementation of a Procurement Policy ensuring suppliers’ compliance with ESG criteria
  • Implementation of a Certified Anti-Corruption and Anti-Bribery Management System according to ISO 37001:2016
  • Implementation of a Regulatory Compliance Management System aligned with ISO 37301:2021

Climate Goals & Targets

Long-term Goals:
  • Achieve climate neutrality by 2050 (implied)
Medium-term Goals:
  • Increase the Group’s installed capacity of renewable energy production to 6GW by 2029.
Short-term Goals:
  • Conduct climate risk assessment for the Group's facilities on an annual basis.
  • Maintain and/or improve the received rating from CDP.
  • Plan actions to improve energy efficiency of the Group's facilities.
  • Maintain a high rate of environmental training for all Group employees.
  • Conduct regular audits to maintain required working conditions for all human resources in the value chain.

Environmental Challenges

  • Climate change impacts
  • Biodiversity loss
  • Water resource management
  • Waste management
  • Supply chain sustainability
  • Potential human rights violations in the supply chain
Mitigation Strategies
  • Implementation of a strategy to reduce energy consumption and GHG emissions
  • Use of 100% green electricity
  • Continuous assessment of climate change risks and opportunities
  • Wildlife protection and monitoring programs
  • Responsible water resource management
  • Circular economy practices and responsible waste management
  • Supplier evaluation based on ESG criteria
  • Human Rights Policy and grievance mechanisms

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Procurement Policy defining ESG criteria for supplier selection

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI, SASB, TCFD, ATHEX ESG Disclosure Guide

Certifications: ISO 14001:2015, ISO 9001:2015, ISO 50001:2018, ISO 45001:2018, ISO 37001:2016, ISO 37301:2021, ISO/IEC 27001:2013

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • All 17 UN SDGs

TERNA ENERGY's activities contribute to various SDGs through environmental protection, human value promotion, social footprint enhancement, and responsible market shaping.

Sustainable Products & Innovation

  • Agios Efstratios energy autonomous island project
  • Hybrid Station in Amari, Crete

Awards & Recognition

  • Not disclosed