Social responsibility

Terna's highly specialised and often unique technical skills in the electricity industry allow the Company to operate with complete professional excellence. The company's attentiveness to keeping this skill current is a key component of how Terna manages its human resources. Equally important is the Company's focus to workplace safety, in view of the risks associated with many of the Company's operations, such as, for example, working on live power lines.

Terna's social responsibility extends beyond the social per se to include engaging in charitable initiatives and supporting society-wide advancement, with a particular emphasis on art and culture. The Company's most significant initiatives include the Terna Prize for contemporary art, which was awarded for the second time in 2009. Under the auspices of a memorandum of understanding with the Ministry for Cultural Heritage and Activities, the Prize was established to engender a new and virtuous relationship between corporations, the art world and institutions through a synergy that promotes work by Italian artists.

Detailed information on Terna’s environmental and social impact can be found in the Sustainability Report that Terna has published every year since 2005 following the adoption of its annual financial statements. To provide increasingly full and complete disclosure of Corporate Governance-related achievements, below is a preview of key environmental and workforce indicators:

  • no fatal accidents were recorded in the workplace, nor were there any fatal or serious accidents in previous years for which the Company's liability was ascertained in a final ruling during the year;
  • no allegations were recorded regarding workplace bullying or work-related illness – regarding current or former employees – for which the Company was held liable in a final ruling;
  • no cases of environmental damage were registered for which the Company was held culpable in a final ruling;
  • no final penalties or sanctions were levied against the Company for environmental damage.

Terna is not subject to the greenhouse gas reduction obligations arising out of the Kyoto Protocol, nor is it a participant in emissions trading schemes.