Terna: Luigi Ferraris shows 2019-2023 plan

The electricity system will be reshaped by the energy transition under way: in this context Terna, and the other networks operator will play a leading role in leveraging innovation, skills and distinctive technologies for the benefit of all stakeholders. This is the mission defined in the new strategic plan of the Society. Between 2019 and 2023, they will invest 6.2 billion euros in Italy, which represents the highest ever economic commitment, as Luigi Ferraris reported.

Luigi Ferraris presents Terna 2019-2023 strategic plan

Considering a long-time horizon is essential in planning business strategies. Luigi Ferraris, Terna CEO and General Manager, explained the 2019-2023 strategic plan "Grids and Value- Accelerating a Sustainable Growth", which details the investments that the Group plans for the next five years. It marks an important stake in the difficult path towards achieving the energy transition objectives, with a strong focus on land development, grid security and service quality. For the five-year period, a substantial financial commitment has been prepared: 6,2 billion in investments, which represents the highest ever economic commitment, as Luigi Ferraris reported. The strategic plain is based on the development of the national electricity grid, with works on the rationalization of power lines, interconnections with foreign countries and the construction of new underground or undersea cables with lower environmental impacts. Terna CEO also emphasized the important contribution of everyone to achieve this goal: "As a shared goal on global scale, decarbonization can only be successfully achieved is everyone involved contributes. Terna plays a leading role in the Italian National Electricity System. A role we carry out by managing the system and investing heavily in grid infrastructure".

Terna: company profile and core business of the Group led by Luigi Ferraris

Italian excellence, Terna, managed by Chief Executive Officer Luigi Ferraris, is among the leading electricity transmission system operators in Europe in terms of kilometres of lines managed. They manage the high voltage Italian transmission grid, one of the most modern and technologically advanced in Europe, as well as playing 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 company structure of the Group consists of the holding company, Terna S.p.A., and its two operating subsidiaries: Terna Rete Italia and Terna Plus. The service which the society provides in Italy is crucial to the operation of the entire electricity system and for guaranteeing the supply of electricity to all, companies and private individuals alike. In playing such a prime role, Terna has responsibility for supplying the entire country's electricity needs, not directly but via those companies that distribute and sell electricity to end-consumers. Because of its strong effort in promoting a sustainable approach and their performances, it has been recognized as the global leader of the electric utilities sector with its tenth consecutive placing in the Dow Jones Sustainability Index. In addition, the Group led by Luigi Ferraris, is also present in other important international sustainability indices such as Bloomberg GEI, Euronext (World, Europe and Eurozone), FTSE4Good (Global and Europe), STOXX® ESG (Global, Environmental, Social and Governance), STOXX® Low Carbon, ECPI, ESI (Ethibel Sustainability Index), MSCI, United Nations Global Compact ("GC100"); and in the Italian indices FTSE ECPI Italia SRI Benchmark and Italia SRI Leaders, drawn up only from listed Italian companies.

Luigi Ferraris, Terna: development and welfare can be driven by energy and infrastructure investments

"Terna is ready to face the challenge of making the country's network more secure, more efficient and more resilient": CEO and General Manager, Luigi Ferraris, on an article published by The Voice of Business focused on energy and infrastructures. Moreover, he shows the business model of his Group based in particularly on sustainability and dialogue with their stakeholders.

Terna: CEO and General Manager Luigi Ferraris writes an article on energy and infrastructure

"Investments are an opportunity to support the growth of the Italian economy. We are strongly committed to playing a leading role as an infrastructure operator for the Country", according to Terna CEO and General Manager, Luigi Ferraris. On a recent article published by The Voice of Business, the Italian top manager recalled Terna's strong commitment aimed at guaranteeing "ever-increasing electricity service-quality levels and to support the current energy transition with innovative technological solutions". Ferraris also believes that an acceleration in investments in infrastructure is the enabling factor for a rapid transition. Terna has allocated over the next ten years 12 billion euro for investments destined entirely for the benefit of the Country, "with positive economic and social impacts for Regions and local communities". These investments are to achieving increasingly interconnected and technologically-developed power systems, thus reducing environmental impact. As of today, it is well known that electricity from renewable sources fosters sustainable and climate-friendly economic development. Moreover, renewables lead to a shift away from a traditional energy system, towards a more complex integrated one.

Terna: Luigi Ferraris, "Sustainability is driving our business model"

In its article, CEO and General Manager Luigi Ferraris confirms that sustainability is driving the business model of Terna. "We are well aware that business needs to be ever mindful of human rights and of the environmental impact of operations. Running a business is not only a matter of adding value to the enterprise itself, but also of disseminating positive values and minimizing conflict", added Luigi Ferraris. For this particular reason, Terna introduced an inclusive business model which listens to local communities and stakeholders. The dialogue with their stakeholders is the strength of Terna, as the CEO stressed: "Here at Terna, dialogue with our stakeholders forms the basis of everything we do. We take a proactive approach to engagement with interested parties, such as national and local authorities, municipalities, the general public, trade unions and environmental organizations, and we firmly believe that the stakeholder involvement is key to delivering our business objectives and to improving social welfare as a whole". Terna's strong effort has widely been recognized: with its tenth consecutive placing in the Dow Jones Sustainability Index, the Group led by CEO Luigi Ferraris ranked first in the global Electric Utility sector for its sustainability performance. In addition, Terna is also present in other important international sustainability indices such as Bloomberg GEI, Euronext (World, Europe and Eurozone), FTSE4Good (Global and Europe), STOXX® ESG (Global, Environmental, Social and Governance), STOXX® Low Carbon, ECPI, ESI (Ethibel Sustainability Index), MSCI, United Nations Global Compact ("GC100"); and in the Italian indices FTSE ECPI Italia SRI Benchmark and Italia SRI Leaders, drawn up only from listed Italian companies.

Dow Jones Sustainability Index: Terna, managed by Luigi Ferraris, leads worldwide the Electric Utilities area

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