Initiatives in communities

In 2009 Terna confirmed its support of social, cultural, and environmental activities. The Company also made an extraordinary contribution in Abruzzo after the destructive earthquake. Terna’s corporate giving can be broken down into two big categories: sponsorships and donations.

Specifically, sponsorships are expenses for initiatives of third parties in fields other than Terna’s core business. They are supported for reasons regarding the Company’s image and contracts provide for an explicit return in terms of visibility. Donations, instead, are contributions without a contracted return and can be in money or in kind (free-of-charge use of corporate assets, know-how, or services.

As provided for in Terna’s Code of Ethicsi, in neither case are such contributions made to political parties or their representatives.

CORPORATE GIVING EXPENSE - TERNA S.P.A.
Values in euros


20092008
Sponsorships1,100.458938,902
Donations659,4251,110.600
Total1,759.8832,049.502


COMPOSITION OF CORPORATE GIVING EXPENSE 2009 - TERNA S.P.A.
Values in euros

PurposeSponsorshipsDonationsTotal
Energy194,80717,000211,807
Environment80,00020,000100,000
Art and culture
403,400481,439884,839
Social hardship, charity
295,74765,486361,233
Other126,50475,500202,004
Total1,100.458659,4251,759.883