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Our Corporate Governance system is aligned with the principles of the Corporate Governance Code for listed companies. We also adhere to CONSOB guidelines and to leading international best practices.

Terna’s Corporate Governance system aims to create value for shareholders. This aim is defined with full awareness of the social significance of our activities: We carry out a strategic role for the national electricity system, and the transmission grid is an essential element of Italy’s critical infrastructure. Therefore, we must adequately consider all of the different interests involved, and our priorities are security — of the grid, of workers and of operations, with particular attention to cyber security — and transparent management.

Through our Annual Report, we disclose information regarding the development of the governance system, with reference to the recommendations in the Corporate Governance Code and the conduct actually adopted.

Download last corporate governance governance report >

GOVERNANCE MODEL
We have a traditional model based on a board of directors which deals with company management and a board of statutory auditors which monitors compliance with legal and statutory obligations.