Ascopiave SpA

Common Name
Ascopiave
Country
Italy
Sector
Utilities
Industry
Utilities - Regulated Gas
Employees
498
Ticker
ASC
Exchange
EURONEXT MILAN
Description
Ascopiave S.p.A. is an Italian energy company primarily focused on the distribution and sale of natural gas. The company operates extensively within the energy sector, providing vital resources to res...

Ascopiave EU Taxonomy Data Preview

In 2024, Ascopiave 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.

Ascopiave has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Ascopiave 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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0000000
Total Taxonomy Non-Eligible B Capex
0000000
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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 Ascopiave's Revenues from Sustainable Activities

In 2024, Ascopiave reported EU Taxonomy-eligible revenues of EUR 127.16 million, representing 62% of its total turnover. Of this amount, EUR 86.32 million of Ascopiave's revenues was classified as EU Taxonomy-aligned, indicating that 42.1% 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).

Ascopiave'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 Ascopiave's revenues become more sustainable over time?

Compared to the previous year (2023), Ascopiave's taxonomy-aligned revenues decreased by 51.33% , suggesting that Ascopiave may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.

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

In 2024, Ascopiave reported that EUR 127.16 million of its revenue was eligible under the EU Taxonomy, representing 62% of the company's total turnover. Of this amount, EUR 86.32 million (42.1% of total revenue) was classified as Taxonomy-aligned. This means that 19.9% of Ascopiave'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 Ascopiave's eligible revenue is aligned with the EU Taxonomy?

In 2024, Ascopiave reported that EUR 86.32 million of its revenue was aligned under the EU Taxonomy, representing 42.1% of its total turnover.

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

Ascopiave's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(38.0%)Total TaxonomyAligned A1 Turnover(42.1%)Total TaxonomyEligible but NotAligned A2 Turnover(19.9%)

Ascopiave's Contribution to Environmental Objectives

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

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

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

  • Climate Change Mitigation: 42.1%
  • 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 Ascopiave earn from selling climate-related solutions ?

In 2024, Ascopiave reported that EUR 86.29 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 42.1% of the company's total revenue, indicating that Ascopiave has a moderate focus on solutions that support climate action through its commercial activities.

Insights into Ascopiave's CAPEX from Sustainable Activities

In 2024, Ascopiave reported EU Taxonomy-eligible CAPEX of EUR 77.51 million, representing 95.6% of its total CAPEX. Of this amount, EUR 73.39 million of Ascopiave's CAPEX was classified as EU Taxonomy-aligned, indicating that 90.5% 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).

Ascopiave'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 Ascopiave's increased its investment in sustainable activities over time?

Compared to the previous year (2023), Ascopiave's taxonomy-aligned CAPEX increased by 1.8%, highlighting Ascopiave'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 Ascopiave's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Ascopiave reported that EUR 77.51 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 95.6% of the company's total CAPEX. Of this amount, EUR 73.39 million (90.5% of total CAPEX) was classified as Taxonomy-aligned. This means that 5.1% of Ascopiave'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 Ascopiave's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Ascopiave reported that EUR 73.39 million of its CAPEX was aligned under the EU Taxonomy, representing 90.5% of its total capital investment.

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

Ascopiave's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(4.4%)Total TaxonomyAligned A1 Capex(90.5%)Total TaxonomyEligible but NotAligned A2 Capex(5.1%)

Ascopiave's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%25%50%75%100%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

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

  • Climate Change Mitigation: 90.3%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0.2%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much Ascopiave is investing in climate-related solutions?

In 2024, Ascopiave allocated EUR 73.21 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 90.3% of the company's total capital expenditure, indicating that Ascopiave is prioritizing climate-focused investments as a central part of its overall capital strategy.

Insights into Ascopiave's OPEX from Sustainable Activities

In 2024, Ascopiave reported EU Taxonomy-eligible OPEX of EUR 10.41 million, representing 70.4% of its total operating expenses (OPEX). Of this amount, EUR 4.77 million of Ascopiave's OPEX was classified as EU Taxonomy-aligned, indicating that 32.3% 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).

Ascopiave's Taxonomy-Eligible Opex Over Time

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

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

Compared to the previous year (2023), Ascopiave's taxonomy-aligned OPEX decreased by 66.42%, suggesting that Ascopiave may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.

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

In 2024, Ascopiave reported that EUR 10.41 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 70.4% of the company's total OPEX. Of this amount, EUR 4.77 million (32.3% of total OPEX) was classified as Taxonomy-aligned. This means that 38.1% of Ascopiave'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 Ascopiave's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Ascopiave reported that EUR 4.77 million of its OPEX was aligned under the EU Taxonomy, representing 32.3% of its total operational expenditure.

This moderate level of alignment indicates that Ascopiave is beginning to shift operational priorities toward greener practices, with room for deeper integration.

Ascopiave's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(29.6%)Total TaxonomyAligned A1 Opex(32.3%)Total TaxonomyEligible but NotAligned A2 Opex(38.1%)

Ascopiave's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%10%20%30%40%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

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

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

  • Climate Change Mitigation: 32.3%
  • 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 of Ascopiave's operational budget supports climate-related solutions?

In 2024, Ascopiave allocated EUR 4.78 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 32.3% of the company's total OPEX, indicating that Ascopiave is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.

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