Afry AB

Common Name

Afry

Country

Sweden

Sector

Industrials

Industry

Engineering & Construction

Employees

19,187

Ticker

AFRY

Exchange

Nasdaq Stockholm

Website

afry.com

Description

AFRY AB is a Swedish-Finnish public company specializing in engineering, design, and advisory services with a global presence across over 50 countries. Founded in 1895 as the Southern Swedish Steam Ge... Show more

GHG Emissions Climate Targets EU Taxonomy

Afry's EU Taxonomy Data Preview

In 2025, Afry 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.

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

turnoveropexcapex

Metric	2025	2024	2023
Total Taxonomy Aligned Turnover	2.4%^a	1%^b	0.5%^c
Total Taxonomy Eligible Turnover	43.1%^a	38.3%^b	41.2%^c
Activity Level Taxonomy Aligned Turnover (8 activities)
4.10 CCM/CCA - Storage of electricity	0.2%^a	N/A	N/A
4.15 CCM/CCA - District heating/cooling distribution	0.1%^a	0.2%^b	N/A
4.28 CCM/CCA - Electricity generation from nuclear energy in existing installations	0.2%^a	0.2%^b	0.2%^c
4.5 CCM/CCA - Electricity generation from hydropower	0.1%^a	0.2%^b	0.1%^c
4.9 CCM/CCA - Transmission and distribution of electricity	0.8%^a	0.1%^b	0.1%^c
6.14 CCM/CCA - Infrastructure for rail transport	0.8%^a	0.1%^b	N/A
9.1 CCM - Close to market research, development and innovation	N/A	0.2%^b	0.2%^c
9.3 CCM - Professional services related to energy performance of buildings	0.1%^a	0.1%^b	N/A

Metric	2025	2024	2023	2022-2019
Total Taxonomy Aligned Opex	0%^a	0%^b	0%^c
Total Taxonomy Eligible Opex	0%^a	0%^b	0%^c

Metric	2025	2024	2023	2022-2019
Total Taxonomy Aligned Capex	0%^a	0%^b	0%^c
Total Taxonomy Eligible Capex	85.2%^a	70.6%^b	42.7%^c

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Verified Sources Behind Afry’s EU Taxonomy Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Afry's Integrated Report 2025

b. Afry's Annual Report 2024

c. Afry's Annual Report 2023

d. Afry's Annual Report 2022

Insights into Afry's Revenues from Sustainable Activities

In 2025, Afry reported EU Taxonomy-eligible revenues of SEK 11.10 billion, representing 43.1% of its total turnover. Of this amount, SEK 606.00 million of Afry's revenues was classified as EU Taxonomy-aligned, indicating that 2.4% 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

Afry's Taxonomy-Eligible Turnover Over Time

Total Taxonomy Eligible Turnover
Total Taxonomy Aligned Turnover

Have Afry's revenues become more sustainable over time?

Compared to the previous year (2024), Afry's taxonomy-aligned revenues increased by 140%,highlighting Afry'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}

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

In 2025, Afry reported that SEK 11.10 billion of its revenue was eligible under the EU Taxonomy, representing 43.1% of the company's total turnover. Of this amount, SEK 606.00 million (2.4% of total revenue) was classified as Taxonomy-aligned. This means that 40.7% of Afry'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

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

In 2025, Afry reported that SEK 606.00 million of its revenue was aligned under the EU Taxonomy, representing 2.4% of its total turnover.^a

This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.

Afry's Eligibility & Alignment Overview

Afry's Contribution to Environmental Objectives

Total Taxonomy Aligned Turnover

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

In 2025, Afry reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives^a:

Climate Change Mitigation: 2.4%
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 revenue does Afry earn from selling climate-related solutions ?

In 2025, Afry reported that SEK 618.19 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 2.4% of the company's total revenue,indicating that Afryhas limited exposureon solutions that support climate action through its commercial activities.^a

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Afry's EU Taxonomy Data Preview

Verified Sources Behind Afry’s EU Taxonomy Data

Insights into Afry's Revenues from Sustainable Activities

Afry's Taxonomy-Eligible Turnover Over Time

Have Afry's revenues become more sustainable over time?

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

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

Afry's Eligibility & Alignment Overview

Afry's Contribution to Environmental Objectives

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

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

Insights into Afry's CAPEX from Sustainable Activities

Insights into Afry's OPEX from Sustainable Activities

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Afry's EU Taxonomy Data Preview

Verified Sources Behind Afry’s EU Taxonomy Data

Insights into Afry's Revenues from Sustainable Activities

Afry's Taxonomy-Eligible Turnover Over Time

Have Afry's revenues become more sustainable over time?

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

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

Afry's Eligibility & Alignment Overview

Afry's Contribution to Environmental Objectives

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

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

Insights into Afry's CAPEX from Sustainable Activities

Insights into Afry's OPEX from Sustainable Activities

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