Adidas AG

Common Name
Adidas
Country
Germany
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Employees
46,045
Ticker
ADS
Exchange
XETRA
Description
Adidas AG is a prominent global manufacturer and retailer of athletic footwear, apparel, and accessories. Known for its innovative designs and commitment to high performance, Adidas serves diverse mar...

Adidas EU Taxonomy Data Preview

In 2024, Adidas 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.

Adidas has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Adidas 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
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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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0000000
Total Taxonomy Non-Eligible B Capex
0000000
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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 Adidas's Revenues from Sustainable Activities

In 2024, Adidas reported EU Taxonomy-eligible revenues of EUR 0, representing 0% of its total turnover. Of this amount, EUR 0 of Adidas'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 Adidas's CAPEX from Sustainable Activities

In 2024, Adidas reported EU Taxonomy-eligible CAPEX of EUR 1.24 billion, representing 70% of its total CAPEX. Of this amount, EUR 579.00 million of Adidas's CAPEX was classified as EU Taxonomy-aligned, indicating that 33% 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).

Adidas's Taxonomy-Eligible Capex Over Time

20212022202320240%20%40%60%80%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

Compared to the previous year (2023), Adidas's taxonomy-aligned CAPEX increased by 3,200%, highlighting Adidas's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.

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

In 2024, Adidas reported that EUR 1.24 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 70% of the company's total CAPEX. Of this amount, EUR 579.00 million (33% of total CAPEX) was classified as Taxonomy-aligned. This means that 38% of Adidas'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 Adidas's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Adidas reported that EUR 579.00 million of its CAPEX was aligned under the EU Taxonomy, representing 33% of its total capital investment.

This moderate level of alignment indicates that Adidas is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Adidas's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(30.0%)Total TaxonomyAligned A1 Capex(32.7%)Total TaxonomyEligible but NotAligned A2 Capex(37.6%)

Adidas's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%9.5%19%28.5%38%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

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

  • Climate Change Mitigation: 33%
  • 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 Adidas is investing in climate-related solutions?

In 2024, Adidas allocated EUR 583.11 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 33% of the company's total capital expenditure, indicating that Adidas is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.

Insights into Adidas's OPEX from Sustainable Activities

In 2024, Adidas reported EU Taxonomy-eligible OPEX of EUR 0, representing 0% of its total operating expenses (OPEX). Of this amount, EUR 0 of Adidas'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).