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In 2024, AF Gruppen 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.
AF Gruppen has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of AF Gruppen are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
| Metric (tonnes) | 2025 | 2024 | 2023 | 2022 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Turnover Portion of total company turnover generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
Total Taxonomy Eligible A Turnover Total turnover of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
Total Taxonomy Non-Eligible B Turnover Total turnover of the company associated with activities that are not listed as eligible under the EU Taxonomy. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
2.4 PPC - Remediation of contaminated sites and areas 2.4 PPC - Remediation of contaminated sites and areas | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
2.6 CE - Depollution and dismantling of end-of-life products 2.6 CE - Depollution and dismantling of end-of-life products | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
2.7 CE - Sorting and material recovery of non-hazardous waste 2.7 CE - Sorting and material recovery of non-hazardous waste | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.1 CE - Construction of new buildings, 7.1 CCM/CCA - Construction of new buildings 3.1 CE - Construction of new buildings, 7.1 CCM/CCA - Construction of new buildings | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.2 CE - Renovation of existing buildings, 7.2 CCM/CCA - Renovation of existing buildings 3.2 CE - Renovation of existing buildings, 7.2 CCM/CCA - Renovation of existing buildings | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.3 CE - Demolition and wrecking of buildings and other structures 3.3 CE - Demolition and wrecking of buildings and other structures | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.15 CCM/CCA - District heating/cooling distribution 4.15 CCM/CCA - District heating/cooling distribution | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.16 CCM/CCA - Installation and operation of electric heat pumps 4.16 CCM/CCA - Installation and operation of electric heat pumps | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.3 CCM/CCA - Electricity generation from wind power 4.3 CCM/CCA - Electricity generation from wind power | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.9 CCM/CCA - Transmission and distribution of electricity 4.9 CCM/CCA - Transmission and distribution of electricity | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
5.1 CCM/CCA - Construction, extension and operation of water collection, treatment and supply systems 5.1 CCM/CCA - Construction, extension and operation of water collection, treatment and supply systems | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
5.3 CCM/CCA - Construction, extension and operation of waste water collection and treatment 5.3 CCM/CCA - Construction, extension and operation of waste water collection and treatment | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment 7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies 7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
9.3 CCM - Professional services related to energy performance of buildings 9.3 CCM - Professional services related to energy performance of buildings | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
| Metric (tonnes) | 2025 | 2024 | 2023 | 2022 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex Portion of total company OPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
Total Taxonomy Eligible A Opex Total OPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
Total Taxonomy Non-Eligible B Opex Total OPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
2.4 PPC - Remediation of contaminated sites and areas 2.4 PPC - Remediation of contaminated sites and areas | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
2.6 CE - Depollution and dismantling of end-of-life products 2.6 CE - Depollution and dismantling of end-of-life products | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.1 CE - Construction of new buildings, 7.1 CCM/CCA - Construction of new buildings 3.1 CE - Construction of new buildings, 7.1 CCM/CCA - Construction of new buildings | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.3 CE - Demolition and wrecking of buildings and other structures 3.3 CE - Demolition and wrecking of buildings and other structures | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.15 CCM/CCA - District heating/cooling distribution 4.15 CCM/CCA - District heating/cooling distribution | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.3 CCM/CCA - Electricity generation from wind power 4.3 CCM/CCA - Electricity generation from wind power | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.9 CCM/CCA - Transmission and distribution of electricity 4.9 CCM/CCA - Transmission and distribution of electricity | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
5.1 CCM/CCA - Construction, extension and operation of water collection, treatment and supply systems 5.1 CCM/CCA - Construction, extension and operation of water collection, treatment and supply systems | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
5.3 CCM/CCA - Construction, extension and operation of waste water collection and treatment 5.3 CCM/CCA - Construction, extension and operation of waste water collection and treatment | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment 7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
| Metric (tonnes) | 2025 | 2024 | 2023 | 2022 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex Portion of total company CAPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
Total Taxonomy Eligible A Capex Total CAPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
Total Taxonomy Non-Eligible B Capex Total CAPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
2.4 PPC - Remediation of contaminated sites and areas 2.4 PPC - Remediation of contaminated sites and areas | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
2.6 CE - Depollution and dismantling of end-of-life products 2.6 CE - Depollution and dismantling of end-of-life products | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
2.7 CE - Sorting and material recovery of non-hazardous waste 2.7 CE - Sorting and material recovery of non-hazardous waste | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
3.3 CE - Demolition and wrecking of buildings and other structures 3.3 CE - Demolition and wrecking of buildings and other structures | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.15 CCM/CCA - District heating/cooling distribution 4.15 CCM/CCA - District heating/cooling distribution | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.3 CCM/CCA - Electricity generation from wind power 4.3 CCM/CCA - Electricity generation from wind power | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
4.9 CCM/CCA - Transmission and distribution of electricity 4.9 CCM/CCA - Transmission and distribution of electricity | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
5.1 CCM/CCA - Construction, extension and operation of water collection, treatment and supply systems 5.1 CCM/CCA - Construction, extension and operation of water collection, treatment and supply systems | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
5.3 CCM/CCA - Construction, extension and operation of waste water collection and treatment 5.3 CCM/CCA - Construction, extension and operation of waste water collection and treatment | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Data available for purchase 0000000 |
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In 2024, AF Gruppen reported EU Taxonomy-eligible revenues of NOK 23.04 billion, representing 75.2% of its total turnover. Of this amount, NOK 5.56 billion of AF Gruppen's revenues was classified as EU Taxonomy-aligned, indicating that 18.2% 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).a
Compared to the previous year (2023), AF Gruppen's taxonomy-aligned revenues increased by 34.81%,highlighting AF Gruppen's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.a, b
In 2024, AF Gruppen reported that NOK 23.04 billion of its revenue was eligible under the EU Taxonomy, representing 75.2% of the company's total turnover. Of this amount, NOK 5.56 billion (18.2% of total revenue) was classified as Taxonomy-aligned. This means that 57% of AF Gruppen'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.a
In 2024, AF Gruppen reported that NOK 5.56 billion of its revenue was aligned under the EU Taxonomy, representing 18.2% of its total turnover.a
This moderate level of alignment indicates that AF Gruppen has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
In 2024, AF Gruppen reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
In 2024, AF Gruppen reported that NOK 4.90 billion 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 16% of the company's total revenue,indicating that AF Gruppenhas a moderate focuson solutions that support climate action through its commercial activities.a
In 2024, AF Gruppen reported EU Taxonomy-eligible CAPEX of NOK 402.00 million,representing 70.9% of its total CAPEX. Of this amount, NOK 93.00 million of AF Gruppen's CAPEX was classified as EU Taxonomy-aligned, indicating that 16.3% 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).a
Compared to the previous year (2023), AF Gruppen's taxonomy-aligned CAPEX decreased by 58.42%,suggesting that AF Gruppen may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.a, b
In 2024, AF Gruppen reported that NOK 402.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 70.9% of the company's total CAPEX. Of this amount, NOK 93.00 million (16.3% of total CAPEX) was classified as Taxonomy-aligned. This means that 54.5% of AF Gruppen'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).a
In 2024, AF Gruppen reported that NOK 93.00 million of its CAPEX was aligned under the EU Taxonomy, representing 16.3% of its total capital investment.a
This moderate level of alignment indicates that AF Gruppen is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, AF Gruppen reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
In 2024, AF Gruppen allocated NOK 83.35 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 14.7% of the company's total capital expenditure,indicating that AF Gruppenis moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.a
In 2024, AF Gruppen reported EU Taxonomy-eligible OPEX of NOK 613.00 million,representing 71.1% of its total operating expenses (OPEX). Of this amount, NOK 342.00 million of AF Gruppen's OPEX was classified as EU Taxonomy-aligned, indicating that 39.6% 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).a
Compared to the previous year (2023), AF Gruppen's taxonomy-aligned OPEX increased by 80.82%,highlighting AF Gruppen's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.a, b
In 2024, AF Gruppen reported that NOK 613.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 71.1% of the company's total OPEX. Of this amount, NOK 342.00 million (39.6% of total OPEX) was classified as Taxonomy-aligned. This means that 31.4% of AF Gruppen'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).a
In 2024, AF Gruppen reported that NOK 342.00 million of its OPEX was aligned under the EU Taxonomy, representing 39.6% of its total operational expenditure.a
This moderate level of alignment indicates that AF Gruppen is beginning to shift operational priorities toward greener practices, with room for deeper integration.
In 2024, AF Gruppen reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
In 2024, AF Gruppen allocated NOK 319.80 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 37.1% of the company's total OPEX,indicating that AF Gruppenis moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.a