Altareit SCA

Common Name
Altareit
Country
France
Sector
Real Estate
Industry
Real Estate - Development
Employees
1,461
Ticker
AREIT
Exchange
EURONEXT
Description
Altareit is a prominent player in the real estate investment sector, focusing primarily on residential and commercial properties within France. Its core function is to acquire, develop, and manage a d...

Altareit EU Taxonomy Data Preview

In 2024, Altareit 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.

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

In 2024, Altareit reported EU Taxonomy-eligible revenues of EUR 2.39 billion, representing 96.8% of its total turnover. Of this amount, EUR 1.72 billion of Altareit's revenues was classified as EU Taxonomy-aligned, indicating that 69.5% 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).

Altareit's Taxonomy-Eligible Turnover Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Altareit's revenues become more sustainable over time?

Since 2022, Altareit's taxonomy-aligned revenues increased by 61.63%, reflecting a sustained upward trend in environmentally sustainable revenue generation.

Compared to the previous year (2023), Altareit's taxonomy-aligned revenues increased by 55.48%, highlighting Altareit'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 Altareit's revenue is eligible under the EU Taxonomy?

In 2024, Altareit reported that EUR 2.39 billion of its revenue was eligible under the EU Taxonomy, representing 96.8% of the company's total turnover. Of this amount, EUR 1.72 billion (69.5% of total revenue) was classified as Taxonomy-aligned. This means that 27.3% of Altareit'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 Altareit's eligible revenue is aligned with the EU Taxonomy?

In 2024, Altareit reported that EUR 1.72 billion of its revenue was aligned under the EU Taxonomy, representing 69.5% of its total turnover.

This strong alignment suggests that Altareit has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.

Altareit's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(3.2%)Total TaxonomyAligned A1 Turnover(69.5%)Total TaxonomyEligible but NotAligned A2 Turnover(27.3%)

Altareit's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%20%40%60%80%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

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

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

  • Climate Change Mitigation: 69.5%
  • 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 Altareit earn from selling climate-related solutions ?

In 2024, Altareit reported that EUR 1.72 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 69.5% of the company's total revenue, indicating that Altareit primarily focuses on solutions that support climate action through its commercial activities.

Insights into Altareit's CAPEX from Sustainable Activities

In 2024, Altareit reported EU Taxonomy-eligible CAPEX of EUR 39.20 million, representing 97.7% of its total CAPEX. Of this amount, EUR 32.10 million of Altareit's CAPEX was classified as EU Taxonomy-aligned, indicating that 80% 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).

Altareit's Taxonomy-Eligible Capex Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

Since 2022, Altareit's taxonomy-aligned capital expenditure (CAPEX) increased by 105.13%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.

Compared to the previous year (2023), Altareit's taxonomy-aligned CAPEX decreased by 19.35%, suggesting that Altareit may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.

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

In 2024, Altareit reported that EUR 39.20 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 97.7% of the company's total CAPEX. Of this amount, EUR 32.10 million (80% of total CAPEX) was classified as Taxonomy-aligned. This means that 17.7% of Altareit'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 Altareit's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Altareit reported that EUR 32.10 million of its CAPEX was aligned under the EU Taxonomy, representing 80% of its total capital investment.

This strong alignment suggests that Altareit is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.

Altareit's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(2.3%)Total TaxonomyAligned A1 Capex(80.0%)Total TaxonomyEligible but NotAligned A2 Capex(17.7%)

Altareit's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%20%40%60%80%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

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

  • Climate Change Mitigation: 79.9%
  • 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 Altareit is investing in climate-related solutions?

In 2024, Altareit allocated EUR 32.12 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 79.9% of the company's total capital expenditure, indicating that Altareit is prioritizing climate-focused investments as a central part of its overall capital strategy.

Insights into Altareit's OPEX from Sustainable Activities

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