Alteo Energiaszolgaltato Nyrt

Common Name
Alteo Energiaszolgaltato
Country
Hungary
Sector
Utilities
Industry
Utilities - Renewable
Employees
503
Ticker
ALTEO
Exchange
BUDAPEST STOCK EXCHANGE
Description
Alteo Nyrt is a prominent Hungarian energy company specializing in renewable and conventional energy production. Its primary role is to provide energy solutions across various sectors, ensuring a bala...

Alteo Energiaszolgaltato EU Taxonomy Data Preview

In 2024, Alteo Energiaszolgaltato 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.

Alteo Energiaszolgaltato has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Alteo Energiaszolgaltato 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
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Total Taxonomy Eligible A Turnover
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Total Taxonomy Non-Eligible B Turnover
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Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
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Total Taxonomy Eligible A Opex
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Total Taxonomy Non-Eligible B Opex
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Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
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Total Taxonomy Eligible A Capex
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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 Alteo Energiaszolgaltato's Revenues from Sustainable Activities

In 2024, Alteo Energiaszolgaltato reported EU Taxonomy-eligible revenues of HUF 27.10 billion, representing 25.7% of its total turnover. Of this amount, HUF 8.97 billion of Alteo Energiaszolgaltato's revenues was classified as EU Taxonomy-aligned, indicating that 8.5% 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).

Alteo Energiaszolgaltato's Taxonomy-Eligible Turnover Over Time

2022202320240%8%16%24%32%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Alteo Energiaszolgaltato's revenues become more sustainable over time?

Since 2022, Alteo Energiaszolgaltato's taxonomy-aligned revenues increased by 51.79%, reflecting a sustained upward trend in environmentally sustainable revenue generation.

Compared to the previous year (2023), Alteo Energiaszolgaltato's taxonomy-aligned revenues increased by 19.72%, highlighting Alteo Energiaszolgaltato'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 Alteo Energiaszolgaltato's revenue is eligible under the EU Taxonomy?

In 2024, Alteo Energiaszolgaltato reported that HUF 27.10 billion of its revenue was eligible under the EU Taxonomy, representing 25.7% of the company's total turnover. Of this amount, HUF 8.97 billion (8.5% of total revenue) was classified as Taxonomy-aligned. This means that 17.2% of Alteo Energiaszolgaltato'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 Alteo Energiaszolgaltato's eligible revenue is aligned with the EU Taxonomy?

In 2024, Alteo Energiaszolgaltato reported that HUF 8.97 billion of its revenue was aligned under the EU Taxonomy, representing 8.5% of its total turnover.

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.

Alteo Energiaszolgaltato's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(74.3%)Total TaxonomyAligned A1 Turnover(8.5%)Total TaxonomyEligible but NotAligned A2 Turnover(17.2%)

Alteo Energiaszolgaltato's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%2%4%6%8%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

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

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

  • Climate Change Mitigation: 7.4%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0.4%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

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

In 2024, Alteo Energiaszolgaltato reported that HUF 7.80 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 7.4% of the company's total revenue, indicating that Alteo Energiaszolgaltato has limited exposure on solutions that support climate action through its commercial activities.

Insights into Alteo Energiaszolgaltato's CAPEX from Sustainable Activities

In 2024, Alteo Energiaszolgaltato reported EU Taxonomy-eligible CAPEX of HUF 19.23 billion, representing 86.1% of its total CAPEX. Of this amount, HUF 10.92 billion of Alteo Energiaszolgaltato's CAPEX was classified as EU Taxonomy-aligned, indicating that 48.9% 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).

Alteo Energiaszolgaltato'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 Alteo Energiaszolgaltato's increased its investment in sustainable activities over time?

Since 2022, Alteo Energiaszolgaltato's taxonomy-aligned capital expenditure (CAPEX) increased by 179.43%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.

Compared to the previous year (2023), Alteo Energiaszolgaltato's taxonomy-aligned CAPEX increased by 60.33%, highlighting Alteo Energiaszolgaltato'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 Alteo Energiaszolgaltato's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Alteo Energiaszolgaltato reported that HUF 19.23 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 86.1% of the company's total CAPEX. Of this amount, HUF 10.92 billion (48.9% of total CAPEX) was classified as Taxonomy-aligned. This means that 37.2% of Alteo Energiaszolgaltato'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 Alteo Energiaszolgaltato's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Alteo Energiaszolgaltato reported that HUF 10.92 billion of its CAPEX was aligned under the EU Taxonomy, representing 48.9% of its total capital investment.

This moderate level of alignment indicates that Alteo Energiaszolgaltato is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Alteo Energiaszolgaltato's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(13.9%)Total TaxonomyAligned A1 Capex(48.9%)Total TaxonomyEligible but NotAligned A2 Capex(37.2%)

Alteo Energiaszolgaltato's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

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

  • Climate Change Mitigation: 48.8%
  • 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 Alteo Energiaszolgaltato is investing in climate-related solutions?

In 2024, Alteo Energiaszolgaltato allocated HUF 10.89 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 48.8% of the company's total capital expenditure, indicating that Alteo Energiaszolgaltato is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.

Insights into Alteo Energiaszolgaltato's OPEX from Sustainable Activities

In 2024, Alteo Energiaszolgaltato reported EU Taxonomy-eligible OPEX of HUF 16.26 billion, representing 20.2% of its total operating expenses (OPEX). Of this amount, HUF 2.74 billion of Alteo Energiaszolgaltato's OPEX was classified as EU Taxonomy-aligned, indicating that 3.4% 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).

Alteo Energiaszolgaltato's Taxonomy-Eligible Opex Over Time

2022202320240%7.5%15%22.5%30%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

Have Alteo Energiaszolgaltato's increased its spending in sustainable activities over time?

Since 2022, Alteo Energiaszolgaltato's taxonomy-aligned operating expenditure (OPEX) increased by 54.55%, pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.

Compared to the previous year (2023), Alteo Energiaszolgaltato's taxonomy-aligned OPEX increased by 3.03%, highlighting Alteo Energiaszolgaltato's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.

How much of Alteo Energiaszolgaltato's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2024, Alteo Energiaszolgaltato reported that HUF 16.26 billion of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 20.2% of the company's total OPEX. Of this amount, HUF 2.74 billion (3.4% of total OPEX) was classified as Taxonomy-aligned. This means that 16.8% of Alteo Energiaszolgaltato'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).

How much of Alteo Energiaszolgaltato's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Alteo Energiaszolgaltato reported that HUF 2.74 billion of its OPEX was aligned under the EU Taxonomy, representing 3.4% of its total operational expenditure.

This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.

Alteo Energiaszolgaltato's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(79.8%)Total TaxonomyAligned A1 Opex(3.4%)Total TaxonomyEligible but NotAligned A2 Opex(16.8%)

Alteo Energiaszolgaltato's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%0.7%1.4%2.1%2.8%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

How is Alteo Energiaszolgaltato's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2024, Alteo Energiaszolgaltato reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 2.7%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0.3%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much of Alteo Energiaszolgaltato's operational budget supports climate-related solutions?

In 2024, Alteo Energiaszolgaltato allocated HUF 2.17 billion of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 2.7% of the company's total OPEX, indicating that Alteo Energiaszolgaltato has only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.

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