AAK AB (publ)

Common Name
AAK
Country
Sweden
Sector
Consumer Defensive
Industry
Packaged Foods
Employees
4,000
Ticker
AAK
Exchange
NASDAQ STOCKHOLM AB
Website
aak.com
Description
Aak AB is a leading global company specializing in plant-based oils and fats that are used as value-adding ingredients by industries such as food, dairy, confectionery, and cosmetics. The primary func...

AAK EU Taxonomy Data Preview

In 2024, AAK was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.

The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.

AAK has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of AAK are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Eligible A Turnover
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Non-Eligible B Turnover
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Eligible A Opex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Non-Eligible B Opex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Eligible A Capex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Taxonomy Non-Eligible B Capex
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into AAK's Revenues from Sustainable Activities

In 2024, AAK reported EU Taxonomy-eligible revenues of SEK 0, representing 0% of its total turnover. Of this amount, SEK 0 of AAK's revenues was classified as EU Taxonomy-aligned, indicating that 0% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

Insights into AAK's CAPEX from Sustainable Activities

In 2024, AAK reported EU Taxonomy-eligible CAPEX of SEK 410.28 million, representing 31.07% of its total CAPEX. Of this amount, SEK 86.51 million of AAK's CAPEX was classified as EU Taxonomy-aligned, indicating that 6.55% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

AAK's Taxonomy-Eligible Capex Over Time

2022202320240%15%30%45%60%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

Have AAK's increased its investment in sustainable activities over time?

Compared to the previous year (2023), AAK's taxonomy-aligned CAPEX decreased by 71.31%, suggesting that AAK may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.

How much of AAK's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, AAK reported that SEK 410.28 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 31.07% of the company's total CAPEX. Of this amount, SEK 86.51 million (6.55% of total CAPEX) was classified as Taxonomy-aligned. This means that 24.52% of AAK's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).

How much of AAK's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, AAK reported that SEK 86.51 million of its CAPEX was aligned under the EU Taxonomy, representing 6.55% of its total capital investment.

This low alignment reflects that AAK is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

AAK's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(68.9%)Total TaxonomyAligned A1 Capex(6.6%)Total TaxonomyEligible but NotAligned A2 Capex(24.5%)

AAK's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%2%4%6%8%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is AAK's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, AAK reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 6.55%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much AAK is investing in climate-related solutions?

In 2024, AAK allocated SEK 87.08 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 6.55% of the company's total capital expenditure, indicating that AAK has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.

Insights into AAK's OPEX from Sustainable Activities

In 2024, AAK reported EU Taxonomy-eligible OPEX of SEK 164.99 million, representing 21.1% of its total operating expenses (OPEX). Of this amount, SEK 458,434 of AAK's OPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

AAK's Taxonomy-Eligible Opex Over Time

2022202320240%5.5%11%16.5%22%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

Have AAK's increased its spending in sustainable activities over time?

Compared to the previous year (2023), AAK's taxonomy-aligned OPEX decreased by 100%, suggesting that AAK may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.

AAK's Contribution to Environmental Objectives

How is AAK's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2024, AAK reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 0%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much of AAK's operational budget supports climate-related solutions?

In 2024, AAK allocated SEK 0 of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0% of the company's total OPEX, indicating that AAK has only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.

Want Full Access to AAK's EU Taxonomy Dataset?
Sign Up