HOW DO WE IMPLEMENT OUR MATERIALITY ANALYSIS?

Since 2013, we have adopted a process to define our material (or significant) issues, by following the Guidelines of the GRI (Global Reporting Initiative), an international reference entity on the issues of sustainability accounting.

Today, in addition to the most recent version of the GRI standards, we also need to consider the provisions under Italian Legislative Decree 254/2016 on the communication of non-financial information, which came into effect with reporting relating to 2017. Furthermore, in the last three years, the materiality analysis has also included the assessment of the impacts of the Group taking into account the dual direction indicated by the principle of Double Materiality.

CAPITAL MATERIAL TOPIC SDGs
finanziarioFinancial
Economic impacts on the community Creating value for the community through the realization of the Company's investments plans
 
infrastrutturaleinfrastructure
Delivering the energy transitionRealize investments to integrate renewables and contribute to climate goals
Quality, security and continuity of the electricity serviceMaintain consistently high standards of service quality by ensuring its availability
Grid resilienceAppropriate measures to preserve assets and electric service in response to extreme weather event
capitale infrastrutturale
intellettualeIntellectual
Governance model effectivenessAdequacy of the governance model by adhering to the key principles of proper corporate governance
Cybersecurity and protecting privacyAdoption of best practices to ensure cybersecurity and privacy
Sustainable supply chainAdopt high environmental and social standards in supply chain management
Innovation and digitalisationInnovative solutions and digitalization to meet the challenges of energy transition
capitale intellettuale
umanoHuman
Workplace health and safety and workers’ rightsProtection of the health, safety and rights of Terna's workers and suppliers
HR development and wellbeingPromotion of training, skills development, work-life balance and wellbeing initiatives
Advancement of inclusion and diversityEnsure equal opportunity and inclusiveness for all actual or potential employees
capitale umano
socialeSocial & relationship
Business integrityEnsure integrity, fairness and transparency in all business activities
Management of stakeholder relationsAdoption of structured ways of listening with special emphasis on local communities
capitale sociale e relazionale
naturaleNatural
Environmental impact of electricity infrastructure on local areasMitigation of land use impacts (e.g., landscape, noise, and electromagnetism)
Protecting biodiversityContainment of impacts on wildlife and vegetation and biodiversity initiatives
Reducing the Group’s CO2 emissionsAdoption of initiatives to reduce the Group's CO2 emissions (e.g., sf6 gas; energy consumption)
Promoting the circular economyMaterial reuse, efficiency in resource use and waste management initiatives
capitale naturale
CREDIT PROVIDERS MEDIA AND OPINION MAKERS COMMUNITY PUBLIC DECISION-MAKERS AND AUTHORITIES LOCAL COMMUNI- TIES SHAREHOLDERS ELECTRICITY SYSTEM OPERATORS CLIENTS REGULATORS OF CONCESSIONS SUPPLIERS BUSINESS PARTNER ORGANISATION'S PEOPLE OPERATING AND BUSINESS ENVIRONMENT FINANCIAL ENVIRONMENT PUBLIC AND SOCIAL ENVIRONMENT

Our approach in building and consolidating a long-lasting relationship of reciprocal trust with our main stakeholder groups.

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