Akva Group ASA is a Norway-based technology and service provider specializing in comprehensive solutions for the global aquaculture industry. The company develops, manufactures, installs, and services... Akva Group ASA is a Norway-based technology and service provider specializing in comprehensive solutions for the global aquaculture industry. The company develops, manufactures, installs, and services advanced equipment and systems for both sea-based and land-based fish farming, alongside digital software platforms that optimize operations. Its three main business segments include Sea Based Technology, offering products like plastic and steel cages, feed barges, sensors, cameras, underwater lights, and net cleaning systems; Land Based Technology, featuring water treatment solutions such as mechanical filters, UV treatment, biofilters, and oxygenation systems; and Digital, providing software like AKVAconnect for process control and Fishtalk for production planning, traceability, and ERP functions. With over 1,400 employees and operations in 12 countries including Norway, Chile, Canada, and Australia, Akva Group ASA supports sustainable fish health, resource efficiency, and profitability across marine and freshwater environments. Headquartered in Klepp Stasjon, Norway, it plays a pivotal role in advancing aquaculture innovation worldwide.
In 2024, Akva Group 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.
Akva Group has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Akva Group are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
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2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Turnover
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Total Taxonomy Eligible Turnover
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2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Opex
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Total Taxonomy Eligible Opex
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7.4 CCM/CCA - Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings)
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2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Capex
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Total Taxonomy Eligible Capex
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3.6 CCM/CCA - Manufacture of other low carbon technologies
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6.5 CCM/CCA - Transport by motorbikes, passenger cars and light commercial vehicles
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7.7 CCM/CCA - Acquisition and ownership of buildings
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Limited Data Preview
You are viewing a limited preview of Akva Group’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories, at both aggregate and activity level, with historical coverage back to undefined.
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Verified Sources Behind Akva Group’s EU Taxonomy Data
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a. Akva Group's Annual Report 2024
b. Akva Group's Annual Report 2023
Insights into Akva Group's Revenues from Sustainable Activities
In 2024, Akva Group reported EU Taxonomy-eligible revenues of EUR 817.33 million, representing 23.2% of its total turnover. Of this amount, EUR 0 of Akva Group'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).a
Insights into Akva Group's CAPEX from Sustainable Activities
In 2024, Akva Group reported EU Taxonomy-eligible CAPEX of EUR 57.73 million,representing 18.24% of its total CAPEX. Of this amount, EUR 39,840 of Akva Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 0.01% 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
Akva Group's Taxonomy-Eligible Capex Over Time
Total Taxonomy Eligible Capex
Total Taxonomy Aligned Capex
Have Akva Group's increased its investment in sustainable activities over time?
Compared to the previous year (2023), Akva Group's taxonomy-aligned CAPEX decreased by 99.23%,suggesting that Akva Group may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.a, b
How much of Akva Group's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Akva Group reported that EUR 57.73 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 18.24% of the company's total CAPEX. Of this amount, EUR 39,840 (0.01% of total CAPEX) was classified as Taxonomy-aligned. This means that 18.23% of Akva Group'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
How much of Akva Group's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Akva Group reported that EUR 39,840 of its CAPEX was aligned under the EU Taxonomy, representing 0.01% of its total capital investment.a
This low alignment reflects that Akva Group is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Akva Group's Eligibility & Alignment Overview
Akva Group's Contribution to Environmental Objectives
Total Taxonomy Aligned Capex
How is Akva Group's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Akva Group reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0.01%
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 Akva Group is investing in climate-related solutions?
In 2024, Akva Group allocated EUR 31,647 of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.01% of the company's total capital expenditure,indicating that Akva Grouphas only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.a
Insights into Akva Group's OPEX from Sustainable Activities
In 2024, Akva Group reported EU Taxonomy-eligible OPEX of EUR 39.44 million,representing 29% of its total operating expenses (OPEX). Of this amount, EUR 0 of Akva Group'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).a
Akva Group's Taxonomy-Eligible Opex Over Time
Total Taxonomy Eligible Opex
Total Taxonomy Aligned Opex
Have Akva Group's increased its spending in sustainable activities over time?
Compared to the previous year (2023), Akva Group's taxonomy-aligned OPEX decreased by 100%, suggesting that Akva Group may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.a, b
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