Audax Renovables SA

Common Name
Audax Renovables
Country
Spain
Sector
Utilities
Industry
Utilities - Renewable
Employees
798
Ticker
ADX
Exchange
BOLSA DE MADRID
Description
Audax Renovables S.A. is a Spanish-based energy company primarily focused on the production and supply of renewable energy. The company plays a crucial role in the transition towards sustainable energ...

Audax Renovables EU Taxonomy Data Preview

In 2024, Audax Renovables 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.

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

In 2024, Audax Renovables reported EU Taxonomy-eligible revenues of EUR 20.73 million, representing 1% of its total turnover. Of this amount, EUR 20.60 million of Audax Renovables's revenues was classified as EU Taxonomy-aligned, indicating that 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).

Audax Renovables's Taxonomy-Eligible Turnover Over Time

2022202320240%0.3%0.6%0.9%1.2%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Audax Renovables's revenues become more sustainable over time?

Compared to the previous year (2023), Audax Renovables's taxonomy-aligned revenues increased by 12.36%, highlighting Audax Renovables'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 Audax Renovables's revenue is eligible under the EU Taxonomy?

In 2024, Audax Renovables reported that EUR 20.73 million of its revenue was eligible under the EU Taxonomy, representing 1% of the company's total turnover. Of this amount, EUR 20.60 million (1% of total revenue) was classified as Taxonomy-aligned. This means that 0% of Audax Renovables'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 Audax Renovables's eligible revenue is aligned with the EU Taxonomy?

In 2024, Audax Renovables reported that EUR 20.60 million of its revenue was aligned under the EU Taxonomy, representing 1% 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.

Audax Renovables's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(99.0%)Total TaxonomyAligned A1 Turnover(1.0%)

Audax Renovables's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%0.25%0.5%0.75%1%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

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

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

  • Climate Change Mitigation: 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 Audax Renovables earn from selling climate-related solutions ?

In 2024, Audax Renovables reported that EUR 19.80 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 1% of the company's total revenue, indicating that Audax Renovables has limited exposure on solutions that support climate action through its commercial activities.

Insights into Audax Renovables's CAPEX from Sustainable Activities

In 2024, Audax Renovables reported EU Taxonomy-eligible CAPEX of EUR 49.54 million, representing 82.8% of its total CAPEX. Of this amount, EUR 49.43 million of Audax Renovables's CAPEX was classified as EU Taxonomy-aligned, indicating that 82.6% 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).

Audax Renovables'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 Audax Renovables's increased its investment in sustainable activities over time?

Compared to the previous year (2023), Audax Renovables's taxonomy-aligned CAPEX increased by 27.33%, highlighting Audax Renovables'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 Audax Renovables's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Audax Renovables reported that EUR 49.54 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 82.8% of the company's total CAPEX. Of this amount, EUR 49.43 million (82.6% of total CAPEX) was classified as Taxonomy-aligned. This means that 0.2% of Audax Renovables'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 Audax Renovables's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Audax Renovables reported that EUR 49.43 million of its CAPEX was aligned under the EU Taxonomy, representing 82.6% of its total capital investment.

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

Audax Renovables's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(17.2%)Total TaxonomyAligned A1 Capex(82.6%)Total TaxonomyEligible but NotAligned A2 Capex(0.2%)

Audax Renovables'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 Audax Renovables's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

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

  • Climate Change Mitigation: 82.6%
  • 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 Audax Renovables is investing in climate-related solutions?

In 2024, Audax Renovables allocated EUR 49.06 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 82.6% of the company's total capital expenditure, indicating that Audax Renovables is prioritizing climate-focused investments as a central part of its overall capital strategy.

Insights into Audax Renovables's OPEX from Sustainable Activities

In 2024, Audax Renovables reported EU Taxonomy-eligible OPEX of EUR 3.19 million, representing 46.2% of its total operating expenses (OPEX). Of this amount, EUR 3.19 million of Audax Renovables's OPEX was classified as EU Taxonomy-aligned, indicating that 46.2% 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).

Audax Renovables's Taxonomy-Eligible Opex Over Time

2022202320240%15%30%45%60%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

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

Compared to the previous year (2023), Audax Renovables's taxonomy-aligned OPEX increased by 5,823.08%, highlighting Audax Renovables's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.

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

In 2024, Audax Renovables reported that EUR 3.19 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 46.2% of the company's total OPEX. Of this amount, EUR 3.19 million (46.2% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of Audax Renovables'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 Audax Renovables's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Audax Renovables reported that EUR 3.19 million of its OPEX was aligned under the EU Taxonomy, representing 46.2% of its total operational expenditure.

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

Audax Renovables's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(53.8%)Total TaxonomyAligned A1 Opex(46.2%)

Audax Renovables's Contribution to Environmental Objectives

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

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

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

  • Climate Change Mitigation: 46.2%
  • 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 Audax Renovables's operational budget supports climate-related solutions?

In 2024, Audax Renovables allocated EUR 3.19 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 46.2% of the company's total OPEX, indicating that Audax Renovables is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.

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