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Tensio – ESG risk research and ESG rating
We at sustainAX have ESG risk researched and ESG risk rated Tensio and our clients can access the reseach on their Bloomberg terminals.
Tensio is in the materiality based sector of UTILITIES.
Our ESG risk research of Tensio
Our approach to ESG research is fundamental, that means that we have studied all relevant publications by Tensio and combined this with fundamental understanding of ESG challenges and risks of different activities and for the UTILITIES sector. This makes us well placed to estimate the ESG risks of Tensio. We have published a 33 pages ESG research report on Tensio with a conclusion highlighting the most important residual risks, a section suggesting how it should be integrated in investment decisions and a list of all the questions we think should be asked to Tensio.
More about our ESG risk research here: https://www.sustainax.com/index.php/esg-research/
AGGREGATED ESG RISK RATING* for Tensio:
40-60 of 100
Middle risk
Where 100 is the lowest ESG risk and 0 is the highest risk.
*The ESG, E, S and G risk rating ranges indicate to what degree Tensio has addressed and mitigated their material ESG risks according to the sustainAX materiality matrix. sustainAX’ clients have access to the exact ESG risk rating.
**The weight in the aggregated ESG rating
Environmental RISK RATING* and WEIGHT** for Tensio:
40-60 of 100 – Middle risk
30%
Social RISK RATING* and WEIGHT** for Tensio:
20-40 of 100 – High risk
34%
Governance RISK RATING* and WEIGHT** for Tensio:
40-60 of 100 – Middle risk
37%
What the company say about themselves:
Tensio is Norway's second largest electricity grid company. We have regional responsibility for the electricity supply to Trndelag. The supply area has a population of around 500,000 inhabitants and covers an area the size of the whole of Denmark. The supply area consists of 29,000 km of line/cable, 100 transformer stations and 13,000 network stations. All of this must work together at all times for the power supply to function normally. Tensio is a group with Tensio TS (Trndelag south) and Tensio TN (Trndelag north) as subsidiaries. Tensio TN and Tensio TS correspond to what was previously known as NTE Nett and TrnderEnergi Nett respectively.
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