Terna Rete Elettrica Nazionale : Legality, Security and Environment of Terna’s Network. Memorandum of Understanding Signed with Guardia di Finanza

- Contracts, security and environmental protection at the centre of an integrated process of legality, sustainability and collaboration with Guardia di Finanza
- Collaboration strengthened and broadened thanks to new solutions for integrated security
- Innovative software introduced, capable of correlating and processing huge quantities of data
- Terna recognised as the best Italian company for measures to prevent illegal practices

Rome, 19 October 2016 - Transparency in managing contracts and in procedures to award work, combating corruption, undeclared employment and unpaid contributions, new environmental rules for increasingly stringent control of legality in the context of processing of waste and of all production materials, sharing of information right from the launch of tender procedures and supervision of the correct use of raw materials, training of employees. These are the main principles of 'Sicurezza in rete', the project which will be created thanks to the Memorandum of Understanding that Matteo Del Fante, Terna's Chief Executive Officer, and Giorgio Toschi, General Commander of the Guardia di Finanza, signed today, in the presence of the Chairwoman of Terna Catia Bastioli and of the Manager of Terna's Corporate Affairs Division Giuseppe Lasco, with the objective of strengthening further the prevention of the risk of criminal infiltration into the economic fabric and protecting legality in the creation of electrical infrastructures.

General Commander Toschi stated 'this memorandum of understanding consolidates the fruitful collaboration which already exists between Guardia di Finanza and the manager of the electricity grid, within the scope of maximum protection of free competition in the market'.

'This synergy with Guardia di Finanza' - said Terna's Chief Executive Officer, Matteo Del Fante - 'represents a further step forward towards total transparency and combating corruption. We are extremely proud to continue and expand the collaboration with the Police, to guarantee the quality and transparency of our work and to once again give a concrete contribution to the development of the Country'.

Terna has a task force of 15 professionals dedicated to this project, a new IT platform and innovative software capable of correlating and processing the large mass of information and data collected through the 10 different data banks, which will then be shared with Guardia di Finanza.
Thanks to this agreement, in fact, Terna will make available to Guardia di Finanza and will report all the significant information for the prevention and repression of irregularities, frauds and all other illegal acts of an economic-financial nature. In addition, the collaboration involves a common commitment to combat unreported employment and unpaid contributions, as well as control and monitoring on the correct destination and use of raw materials and semi-finished products, with great attention to protecting the environment and the health and safety of workers: a unique integrated approach, with the objective of strengthening an organic vision of business on legality, transparency and the environment.

The objective of the maximum transparency in the management of contracts and in monitoring companies that take part in calls for tenders is pursued also in collaboration with the Special Anti-Corruption Unit of Guardia di Finanza, to which Terna provides every month a confidential report with details of all the construction work in progress in all the regions of Italy.

The terms of the agreement also provide the option to launch training processes provided by Guardia di Finanza, also through the promotion and organisation of meetings, seminars and courses, to consolidate knowledge and skills of Terna employees in all the areas of this collaboration.

The company, in addition, has created the portal 'GdF Cantieri Terna: Appalti e Subappalti', a tool for the exclusive use of Guardia di Finanza which enables the Police units to have available an information flow of primary importance for acquiring information on the investigatory activities carried out around the Country.

The agreement, which renews and expands the areas of activity provided for in the agreements signed already in 2009 by the Guardia di Finanza and the company which manages the national electricity grid, has brought positive results over the years, helping to strengthen the security system adopted by Terna.

Since 2005, Terna has invested more than € 10 billion to modernise the national electricity transmission grid, another € 6.6 billion is provided for in the Development Plan, and currently it employs 353 companies and 4,000 workers every day in construction sites all over Italy. An enormous economic commitment that the Company has decided to tackle with an integrated security model, which is based on sharing the risk with the institutional partners and with the police forces. The pivotal element of this system is the Security Operations Centre, an innovative integrated security system for managing and analysing the more than 70 million items of data per day, that guarantees monitoring of the physical and logical elements of Terna's assets.

With the support of Guardia di Finanza the maximum visibility in managing work contracts will be guaranteed thanks to scrupulous monitoring on tenders called and the participating companies, with careful control on the names of people who have access to the almost 200 Terna construction sites open today all over Italy; an effective system of control aimed at discouraging crime.

'In Terna we have a great sensitivity to the culture of legality and transparency, both principles that we believe are fundamental for the development of our Country' said Giuseppe Lasco, Manager of Terna's Corporate Affairs Division. 'This is confirmed also by the fact that in 2015 we were the first in Italy to create a project such as 'Cantieri Aperti & Trasparenti' and only a year later we have further improved it, making even more information available to everyone in a logic of integrated security'.

Already in 2015 Terna made available to all citizens all details of the works under construction thanks to the launch of Cantieri Aperti & Trasparenti, the first web space in Italy to be completely devoted to construction sites in which data on tenders, award methods, contracts and subcontracts are constantly updated.

The creation of an integrated security system and the agreements signed over these years with the institutions and police forces have enabled Terna to obtain important recognitions, among which we can note the primacy among companies in the electricity industry in preventing corruption and absolute first place in the Vigeo sustainability rating classification of companies and the maximum level in the AGCM legality rating also in 2016. In addition, the company was classified among the top three companies in the Trac2013 study, which assesses the largest Italian companies on the subjects of transparency and anti-corruption, and this past July it won the 'Premio per la Sicurezza' promoted by Confindustria and INAIL for excellence of the management process and for the concrete commitment and results achieved on the subject of health and safety. Further confirmation of these results came also in the assessments of the Dow Jones Sustainability Index - the authoritative stock exchange index that selects the best companies in the world for sustainability - Terna's anti-corruption approach obtained 97 points out of 100, 25 more than the average of the Electric Utilities sector.