Materiality

The selection of the GRI indicators to be included took place on the basis of a careful examination of the informational purpose of each of them and their relevance with Terna’s activities and the interests of its stakeholders. The Report is indeed addressed ideally to all the stakeholders identified in the Company’s Code of Ethics.

In particular, the information included for allowing stakeholders a balanced assessment of the Group’s performance was identified referring to the materiality principle, through an internal process based on:

  • analyzing the Group’s activities and any controversies, by examining the contents included in the internal communication tools (team briefing documents, house organ Terna News, Intranet, top management communication), in external communication tools (press releases) and in the press review;
  • analyzing internal reporting on sustainability aspects (monitoring and improvement plans for environmental and safety management systems);
  • verifying stakeholder expectations through stakeholder engagement activities described in this Report;
  • comparing performances of other companies through reports issued by sustainability rating agencies and developing benchmarking analyses;
  • meeting Directors and department heads for examining the most significant aspects and emerging issues.