Terna - Rete Elettrica Nazionale S.p.A.

Unverified
Country
IT
Sector
Utilities
Website
www.terna-reports.it
5 Second Party Opinions
2 Frameworks
1 Impact Report
1 EU GBS Review
XFID Type Title Year Source Retrieved
XF-I71S9NP-4 Impact Report Terna - Impact Report 2024 www.terna-reports.it 31 Mar 2026
XF-I7WNIPQ-V Framework Terna - Framework Report 2025 ↑2022 download.terna.it 31 Mar 2026
XF-SKWY8B5-T Second Party Opinion Terna - SPO 2023 download.terna.it 31 Mar 2026
XF-SVR8U79-5 Second Party Opinion Terna - SPO 2026 download.terna.it 31 Mar 2026
XF-B5F70DP-6 Second Party Opinion Terna - SPO 2021 www.moodys.com 31 Mar 2026
XF-ZP97FZS-Z Second Party Opinion Second Party Opinion: Terna's Green Bond Framework 2024 www.spglobal.com 8 Mar 2026
XF-GC04XQT-6 EU GBS Review SPO And EuGB Pre-Issuance Review: Terna's European Green Bond Factsheet 2025 www.spglobal.com 25 Feb 2026
XF-NJ15GSX-6 Framework Green Bond Framework 8d9d76e111f7735 2022 →2025 download.terna.it 21 Feb 2026
XF-72PI5FO-B Second Party Opinion Second Party Opinion 8d9d76e368e36a3 2022 download.terna.it 21 Feb 2026

Press Coverage (1)

News and trade press mentioning this issuer, tracked in the registry.

XF Company Profile

Extra-financial information found across 9 documents in the XframeworkID registry

NACE D Electricity, Gas & Steam Supply

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction (Issuer Identity & Structure)
Terna - Rete Elettrica Nazionale S.p.A., Italy FRAMEWORK 2022 2022
Issuer sector/industry classification (Issuer Identity & Structure)
Electricity Transmission System Operator (TSO) FRAMEWORK 2022 2022
Core business activities and geographic focus (Issuer Identity & Structure)
Electricity transmission and grid management across Italy; operates over 74,000 kilometers of electricity lines and 889 transformer substations FRAMEWORK 2022 2022
Issuer type (e.g., bank, asset manager, pension fund, REIT, utility) (Issuer Identity & Structure)
Utility - Electricity Transmission System Operator FRAMEWORK 2022 2022

Corporate Strategy & Mission

Corporate purpose statement relating to sustainability (Corporate Strategy & Mission)
To guarantee energy security and balance electricity supply and demand 24 hours a day, ensuring the system is reliable, efficient and accessible to all; to invest in development of electricity grid capable of integrating renewable energy; to build a future powered by clean energy enabling energy transition that is fair and inclusive; to lead Italy's drive to net zero by 2050 in line with European climate goals FRAMEWORK 2025 2025
Sustainability strategy pillars and focus areas (Corporate Strategy & Mission)
Energy transition; renewable energy integration; grid modernization and digital technologies; energy security; inclusive and fair transition; cross-border interconnections; community engagement FRAMEWORK 2025 2025

Sustainability & Climate Commitments

Net zero target year for operational emissions (Sustainability & Climate Commitments)
2050 FRAMEWORK 2025 2025

Green / Sustainable Finance Framework

Sustainable bond framework name and version (Green / Sustainable Finance Framework)
Terna Green Bond Framework, July 2025 version SPO 2026 2026
Framework publication date and update history (Green / Sustainable Finance Framework)
Original framework 2018; updated versions in 2021, 2022, 2023, and 2025 FRAMEWORK 2025 2025
Bond types covered under framework (green, social, sustainability, sustainability-linked) (Green / Sustainable Finance Framework)
Green Bonds, senior green bonds, perpetual subordinated hybrid green bonds IMPACT 2024 2024
Eligible use-of-proceeds categories (Green / Sustainable Finance Framework)
Renewable energy; Energy efficiency; Quality, security and resiliency of electricity transportation infrastructure SPO 2026 2026
Project evaluation and selection process description (Green / Sustainable Finance Framework)
Established project evaluation and selection process across eligible green categories SPO 2026 2026
Management of proceeds approach (Green / Sustainable Finance Framework)
Management of Proceeds process established; allocation and impact reporting commitments FRAMEWORK 2025 2025
Reporting commitments under framework (Green / Sustainable Finance Framework)
Allocation reporting and Impact reporting commitments FRAMEWORK 2025 2025

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles (Standards & Regulatory Alignment)
Aligned with ICMA Green Bond Principles 2025 incorporating best practices across all four core components SPO 2026 2026
Alignment with UN Sustainable Development Goals (Standards & Regulatory Alignment)
SDG Mapping Robust SPO 2021 2021
Alignment with EU Taxonomy for sustainable activities (Standards & Regulatory Alignment)
Single economic activity 4.9 Transmission and distribution of electricity across three eligible categories aligns with EU taxonomy criteria SPO 2026 2026

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date (External Review & Verification)
Moody's Ratings Infrastructure and Project Finance, 26 January 2026 SPO 2026 2026
SPO preliminary evaluation or credibility rating (External Review & Verification)
SQS1 Sustainability Quality Score (Excellent) SPO 2023 2023