Aker Solutions ASA

Common Name
Aker Solutions
Country
Norway
Sector
Energy
Industry
Oil & Gas Equipment & Services
Employees
11,825
Ticker
AKSO
Exchange
OSLO BORS
Description
Aker Solutions ASA, a prominent engineering company, focuses on energy solutions, specifically in the oil, gas, and offshore wind industries. With its headquarters in Fornebu, Norway, the company play...

Aker Solutions EU Taxonomy Data Preview

In 2024, Aker Solutions 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.

Aker Solutions has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Aker Solutions 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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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 Aker Solutions's Revenues from Sustainable Activities

In 2024, Aker Solutions reported EU Taxonomy-eligible revenues of NOK 8.21 billion, representing 15.73% of its total turnover. Of this amount, NOK 5.53 billion of Aker Solutions's revenues was classified as EU Taxonomy-aligned, indicating that 10.6% 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).

Aker Solutions's Taxonomy-Eligible Turnover Over Time

2022202320240%4%8%12%16%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Aker Solutions's revenues become more sustainable over time?

Since 2022, Aker Solutions's taxonomy-aligned revenues increased by 30.86%, reflecting a sustained upward trend in environmentally sustainable revenue generation.

Compared to the previous year (2023), Aker Solutions's taxonomy-aligned revenues increased by 5.26%, highlighting Aker Solutions'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 Aker Solutions's revenue is eligible under the EU Taxonomy?

In 2024, Aker Solutions reported that NOK 8.21 billion of its revenue was eligible under the EU Taxonomy, representing 15.73% of the company's total turnover. Of this amount, NOK 5.53 billion (10.6% of total revenue) was classified as Taxonomy-aligned. This means that 5.13% of Aker Solutions'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 Aker Solutions's eligible revenue is aligned with the EU Taxonomy?

In 2024, Aker Solutions reported that NOK 5.53 billion of its revenue was aligned under the EU Taxonomy, representing 10.6% of its total turnover.

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

Aker Solutions's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(84.3%)Total TaxonomyAligned A1 Turnover(10.6%)Total TaxonomyEligible but NotAligned A2 Turnover(5.1%)

Aker Solutions's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%3%6%9%12%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

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

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

  • Climate Change Mitigation: 10.6%
  • 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 Aker Solutions earn from selling climate-related solutions ?

In 2024, Aker Solutions reported that NOK 5.53 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 10.6% of the company's total revenue, indicating that Aker Solutions has a moderate focus on solutions that support climate action through its commercial activities.

Insights into Aker Solutions's CAPEX from Sustainable Activities

In 2024, Aker Solutions reported EU Taxonomy-eligible CAPEX of NOK 867.00 million, representing 57.92% of its total CAPEX. Of this amount, NOK 42.00 million of Aker Solutions's CAPEX was classified as EU Taxonomy-aligned, indicating that 2.81% 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).

Aker Solutions'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 Aker Solutions's increased its investment in sustainable activities over time?

Since 2022, Aker Solutions's taxonomy-aligned capital expenditure (CAPEX) decreased by 59.86%, 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), Aker Solutions's taxonomy-aligned CAPEX increased by 1.08%, highlighting Aker Solutions'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 Aker Solutions's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Aker Solutions reported that NOK 867.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 57.92% of the company's total CAPEX. Of this amount, NOK 42.00 million (2.81% of total CAPEX) was classified as Taxonomy-aligned. This means that 55.11% of Aker Solutions'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 Aker Solutions's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Aker Solutions reported that NOK 42.00 million of its CAPEX was aligned under the EU Taxonomy, representing 2.81% of its total capital investment.

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

Aker Solutions's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(42.1%)Total TaxonomyAligned A1 Capex(2.8%)Total TaxonomyEligible but NotAligned A2 Capex(55.1%)

Aker Solutions's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%0.75%1.5%2.25%3%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

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

  • Climate Change Mitigation: 2.81%
  • 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 Aker Solutions is investing in climate-related solutions?

In 2024, Aker Solutions allocated NOK 42.07 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 2.81% of the company's total capital expenditure, indicating that Aker Solutions has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.

Insights into Aker Solutions's OPEX from Sustainable Activities

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

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