TenneT

Does the core business genuinely avoid or reduce emissions, or build climate resilience? Share of revenue that is actually 'green'. Fossil-dependent models score low.

TenneT's core business is directly enabling renewable integration — it is expanding offshore wind transmission capacity from 12.2 GW to 42.4 GW by 2031 — but unresolved grid congestion actively delays renewable connections for thousands of businesses, partially offsetting its enabler value.

Credible, science-based targets (SBTi), a real net-zero plan with progress to date, and CDP disclosure — not just a dated press release.

TenneT has publicly committed to SBTi-aligned targets (95% Scope 1+2 reduction and 30% Scope 3 reduction by 2030 vs. 2019 base), and published a Climate Transition Plan, but independent SBTi validation status could not be confirmed as 'Targets Set' on the SBTi dashboard, and the rapidly growing Scope 3 from capital goods (49% of Scope 3) makes the 30% Scope 3 cut highly ambitious.

Operational footprint, labour and social practices, and governance quality across the company's own operations and supply chain.

TenneT publishes an integrated annual report covering labour, governance, and sustainability metrics including grid availability of 99.99993%, and discloses Scope 1/2/3 emissions, but the massive ongoing grid congestion problem affects thousands of Dutch businesses and households and represents a material social/operational governance shortcoming.

Quality of disclosure, independent third-party verification, and how much hard data backs the company's claims.

TenneT produces an integrated annual report, a standalone Climate Transition Plan, a Green Finance Report, and scope 1/2/3 GHG disclosures; the Annual Report references external assurance under Dutch civil code requirements, but independent verification of SBTi target submission status and CDP scoring could not be confirmed from public sources.

Controversies, litigation, pollution, fossil-fuel lobbying, conflict-zone involvement and governance scandals. Higher means cleaner.

No major greenwashing allegations, pollution incidents, fossil lobbying, or governance scandals were identified; the principal reputational risk is persistent grid congestion in the Netherlands that is delaying renewable energy connections and harming businesses, a systemic operational failure partly attributable to under-investment and permitting delays rather than intentional misconduct.