Social Responsibility: human and community resources

Terna's highly specialised and often unique technical skills in the electricity industry allow the Company to operate with complete professional excellence. Terna'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.

The corporate responsibility of Terna extends to the social context through the definition and implementation of initiatives of solidarity and support to the development of the civil society. In 2010, the technical skills of Terna staff were put to the service of a sustainable development project to the benefit of an Andes community in Bolivia. The initiative, which started from the commitment as volunteers by some employees, concerned the design and development of a 37 km power line.

The most significant initiatives include the Terna Prize for contemporary art, which reached its third edition in 2010. The Prize objective falls under the scope of a Memorandum of Understanding signed with the Ministry for cultural heritage and assets, and takes the form of the creation of a new virtuous relationship between companies, the world of art and institutions, through an interconnection that optimises the production of Italian artists on the art market.

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 Terna was held liable in a final ruling;
  • no cases of environmental damage were registered for which Terna was held culpable in a final ruling;
  • no final penalties or sanctions were levied against the Parent 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.