Acea SpA

Common Name
Acea
Country
Italy
Sector
Utilities
Industry
Utilities - Diversified
Employees
8,928
Ticker
ACE
Exchange
EURONEXT MILAN
Description
Acea S.p.A. is a prominent Italian utility company that plays a critical role in the provision of essential public services, primarily focusing on electricity, water, and environmental services. The c...

Acea EU Taxonomy Data Preview

In 2024, Acea 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.

Acea has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Acea 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
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0000000
Total Taxonomy Eligible A Turnover
0000000
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0000000
Total Taxonomy Non-Eligible B Turnover
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
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0000000
Total Taxonomy Eligible A Opex
0000000
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0000000
Total Taxonomy Non-Eligible B Opex
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
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0000000
Total Taxonomy Eligible A Capex
0000000
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Total Taxonomy Non-Eligible B Capex
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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 Acea's Revenues from Sustainable Activities

In 2024, Acea reported EU Taxonomy-eligible revenues of EUR 2.16 billion, representing 50.6% of its total turnover. Of this amount, EUR 1.98 billion of Acea's revenues was classified as EU Taxonomy-aligned, indicating that 46.5% 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).

Acea's Taxonomy-Eligible Turnover Over Time

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

Have Acea's revenues become more sustainable over time?

Since 2022, Acea's taxonomy-aligned revenues increased by 40.99%, reflecting a sustained upward trend in environmentally sustainable revenue generation.

Compared to the previous year (2023), Acea's taxonomy-aligned revenues increased by 25.37%, highlighting Acea's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.

How much of Acea's revenue is eligible under the EU Taxonomy?

In 2024, Acea reported that EUR 2.16 billion of its revenue was eligible under the EU Taxonomy, representing 50.6% of the company's total turnover. Of this amount, EUR 1.98 billion (46.5% of total revenue) was classified as Taxonomy-aligned. This means that 4.1% of Acea's revenue is eligible but not aligned, indicating that these activities 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.

How much of Acea's eligible revenue is aligned with the EU Taxonomy?

In 2024, Acea reported that EUR 1.98 billion of its revenue was aligned under the EU Taxonomy, representing 46.5% of its total turnover.

This moderate level of alignment indicates that Acea has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.

Acea's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(49.4%)Total TaxonomyAligned A1 Turnover(46.5%)Total TaxonomyEligible but NotAligned A2 Turnover(4.1%)

Acea's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%7.5%15%22.5%30%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Acea's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, Acea reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 14.8%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 29.8%
  • Transition to a Circular Economy: 1.8%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much revenue does Acea earn from selling climate-related solutions ?

In 2024, Acea reported that EUR 631.94 million of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 14.8% of the company's total revenue, indicating that Acea has a moderate focus on solutions that support climate action through its commercial activities.

Insights into Acea's CAPEX from Sustainable Activities

In 2024, Acea reported EU Taxonomy-eligible CAPEX of EUR 1.16 billion, representing 80% of its total CAPEX. Of this amount, EUR 1.08 billion of Acea's CAPEX was classified as EU Taxonomy-aligned, indicating that 74.1% 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).

Acea's Taxonomy-Eligible Capex Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

Since 2022, Acea's taxonomy-aligned capital expenditure (CAPEX) decreased by 1.98%, indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.

Compared to the previous year (2023), Acea's taxonomy-aligned CAPEX decreased by 1.95%, suggesting that Acea may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.

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

In 2024, Acea reported that EUR 1.16 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 80% of the company's total CAPEX. Of this amount, EUR 1.08 billion (74.1% of total CAPEX) was classified as Taxonomy-aligned. This means that 5.9% of Acea'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 Acea's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Acea reported that EUR 1.08 billion of its CAPEX was aligned under the EU Taxonomy, representing 74.1% of its total capital investment.

This strong alignment suggests that Acea is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.

Acea's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(20.0%)Total TaxonomyAligned A1 Capex(74.1%)Total TaxonomyEligible but NotAligned A2 Capex(5.9%)

Acea's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

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

  • Climate Change Mitigation: 22.1%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 51.5%
  • Transition to a Circular Economy: 0.6%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much Acea is investing in climate-related solutions?

In 2024, Acea allocated EUR 320.63 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 22.1% of the company's total capital expenditure, indicating that Acea is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.

Insights into Acea's OPEX from Sustainable Activities

In 2024, Acea reported EU Taxonomy-eligible OPEX of EUR 161.61 million, representing 71.4% of its total operating expenses (OPEX). Of this amount, EUR 134.39 million of Acea's OPEX was classified as EU Taxonomy-aligned, indicating that 59.4% 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).

Acea's Taxonomy-Eligible Opex Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

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

Since 2022, Acea's taxonomy-aligned operating expenditure (OPEX) decreased by 18.62%, indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.

Compared to the previous year (2023), Acea's taxonomy-aligned OPEX decreased by 21.43%, suggesting that Acea may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.

How much of Acea's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2024, Acea reported that EUR 161.61 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 71.4% of the company's total OPEX. Of this amount, EUR 134.39 million (59.4% of total OPEX) was classified as Taxonomy-aligned. This means that 12% of Acea's OPEX is eligible but not aligned, indicating that these expenditures 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 Acea's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Acea reported that EUR 134.39 million of its OPEX was aligned under the EU Taxonomy, representing 59.4% of its total operational expenditure.

This strong alignment suggests that Acea is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.

Acea's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(28.9%)Total TaxonomyAligned A1 Opex(59.2%)Total TaxonomyEligible but NotAligned A2 Opex(12.0%)

Acea's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

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

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

  • Climate Change Mitigation: 9.4%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 45.2%
  • Transition to a Circular Economy: 4.7%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

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

In 2024, Acea allocated EUR 21.27 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 9.4% of the company's total OPEX, indicating that Acea 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.

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