Terna received its highest ever score in the 2018 Dow Jones Sustainability Index: 91/100, against an average score of 46/100. The Italian company managed by CEO Luigi Ferraris and Chairman Catia Bastioli leads the Electric Utilities sector.
Dow Jones Sustainability Index: Terna is world leader in the Electric Utilities Sector
The commitment of Terna to sustainability is growing faster: the Italian company managing the National transmission grid is world leader in the Electric Utilities Sector according to the 2018 Dow Jones Sustainability Index. The Group led by CEO Luigi Ferraris received its highest ever score (91/100, against an average sector score of 46/100). This is the tenth confirmation for the company, with an improvement of 4 points on the previous year score. Terna comes in first place for the Electric Utilites area for the following economic criteria: Materiality, Risk and crisis management, Policy influence; for the environmental criteria: Environmental reporting, Operational eco-efficiency, Transmission and distribution, and in the social criteria: Social reporting, Human capital development, Corporate citizenship and philanthropy. RobecoSAM, the Swiss sustainability rating agent, also confirmed Terna’s inclusion in the World and Europe indices. The achievement is something to be proud of, as expressed by CEO Luigi Ferraris, who stated that “for Terna, sustainability represents a strategic lever that guides our business towards a more sustainable energy paradigm that is capable of continually adding value for companies and society as a whole.” The manager also added that the placement on the Dow Jones Sustainability Index “is the recognition for our efforts to introduce an inclusive model to our business, paying attention to the requests of the local communities and our stakeholders.” The company is, in fact, present in the following international sustainability indices: Euronext (World, Europe e Eurozone), FTSE4Good (Global e Europe), STOXX® ESG (Global, Environmental, Social e Governance), STOXX® Low Carbon, ECPI, ESI (Ethibel Sustainability Index, MSCI, United Nations Global Compact (‘GC100’).
The company profile of Terna
Terna is one of the main European electricity transmission grid operators. The company managed by CEO Luigi Ferraris plays a central role in transforming the electricity market towards the use of eco-compatible sources, guaranteeing a secure and efficient supply to households and businesses. The public service mission, as the majority owner of the Italian high voltage and very high voltage electricity National Transmission Grid, is to secure the transmission and dispatching of electricity throughout the country. Terna is listed on the Stock Exchange since 2004 and focuses on efficiency, profitability and performance. Sustainability is a key value for the company, as stated by the motto: “Energy is our responsibility. Responsibility is our energy”. Terna is focused on developing renewable sources, which is crucial in helping Italy through a complete energy transformation as decarbonization is already at the door. The mission is, in fact, to play a leading role for this transition, leveraging innovation, skills and distinctive technologies with the goal of generating value for all stakeholders. The company managed by Luigi Ferraris is internationally oriented: the commitment is to make its role even more central within Europe to strengthen Italy’s position as electricity hub between Europe and the Mediterranean