Tanzania Electric Supply Company
Tanzania Electric Supply Company (TANESCO) is a fully state-owned company headquartered in Tanzania. In 2021 its revenue was USD 0.99 billion. TANESCO was formed in 1975 when Tanzania’s two electric utilities were nationalised and merged. The company generates, transmits, distributes and supplies electricity to mainland Tanzania and Zanzibar.
- Ranking position
- #48 /68
- Total score
- 14.9 /100
- ACT
- 14.4 /60
- Core social indicators
- 0.5 /20
- Just transition
- 0.0 /20
- Performance score
- 5.1 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
ACT score components
Act Assessment
Leading Practices
No leading practices were identified for this company.
Risks and Opportunities
Trend
TANESCO receives a trend score of -. If the company were reassessed in the near future, its score would likely decrease. TANESCO’s emissions intensity is expected to decrease significantly in 2024 and, as a result, the company is projected to remain within its carbon budget for the period 2022-2037. However, the company has not set any emissions reduction targets or created a transition plan. Without these accountability mechanisms and planning in place, there is no guarantee that the company will continue on its 1.5°C pathway.
Progress towards the Paris Agreement
Social assessment
Core Social Assessment
More about the company
- Headquarters
- Dodoma, Tanzania
- Group revenue
- US$ 994 million (FY2021)
- Group employees
- 10,320 (FY2021)
- Ownership
- Fully state-owned
- Installed capacity
- 1.5 GW
- Company filing name
- Tanzania Electric Supply Company Limited
- Website
- https://www.tanesco.co.tz
