Avax S.A. is a prominent player in the construction industry, specializing in complex infrastructure and building projects. With a focus on delivering high-quality, sustainable developments, Avax S.A.... Avax S.A. is a prominent player in the construction industry, specializing in complex infrastructure and building projects. With a focus on delivering high-quality, sustainable developments, Avax S.A. engages in an array of construction activities, including residential, commercial, industrial, and public works sectors. The company is known for its expertise in executing large-scale initiatives like bridges, tunnels, roads, and energy facilities, demonstrating its versatility and capability in handling diverse construction needs. Avax S.A. operates mainly in the Greek and European markets, contributing significantly to the region's infrastructure development. By leveraging advanced technologies and innovative building practices, the company aims to enhance efficiency and reduce their environmental impact. Avax S.A.'s role in the financial markets is characterized by its position as a reliable constructor, attracting clients from both the public and private sectors. Through strategic partnerships and a commitment to excellence, it maintains a strong presence and reputation within the construction industry.
In 2023, Avax 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.
Avax has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Avax are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes)
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned A1 Turnover
Portion of total company turnover generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.
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Total Taxonomy Eligible A Turnover
Total turnover of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.
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Total Taxonomy Non-Eligible B Turnover
Total turnover of the company associated with activities that are not listed as eligible under the EU Taxonomy.
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4.29 CCM/CCA - Electricity generation from fossil gaseous fuels
4.29 CCM/CCA - Electricity generation from fossil gaseous fuels
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7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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Metric (tonnes)
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned A1 Opex
Portion of total company OPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.
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Total Taxonomy Eligible A Opex
Total OPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.
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Total Taxonomy Non-Eligible B Opex
Total OPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy.
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4.29 CCM/CCA - Electricity generation from fossil gaseous fuels
4.29 CCM/CCA - Electricity generation from fossil gaseous fuels
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Metric (tonnes)
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned A1 Capex
Portion of total company CAPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.
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Total Taxonomy Eligible A Capex
Total CAPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.
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Total Taxonomy Non-Eligible B Capex
Total CAPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy.
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4.29 CCM/CCA - Electricity generation from fossil gaseous fuels
4.29 CCM/CCA - Electricity generation from fossil gaseous fuels
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7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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Verified Sources Behind Avax’s EU Taxonomy Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Avax’s data sources below and access millions more through our Disclosure Search.
Insights into Avax's Revenues from Sustainable Activities
In 2023, Avax reported EU Taxonomy-eligible revenues of EUR 14.24 million, representing 3.7% of its total turnover. Of this amount, EUR 14.24 million of Avax's revenues was classified as EU Taxonomy-aligned, indicating that 3.7% 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
How much of Avax's revenue is eligible under the EU Taxonomy?
In 2023, Avax reported that EUR 14.24 million of its revenue was eligible under the EU Taxonomy, representing 3.7% of the company's total turnover. Of this amount, EUR 14.24 million (3.7% of total revenue) was classified as Taxonomy-aligned. This means that 0% of Avax'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.a
How much of Avax's eligible revenue is aligned with the EU Taxonomy?
In 2023, Avax reported that EUR 14.24 million of its revenue was aligned under the EU Taxonomy, representing 3.7% of its total turnover.a
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.
Avax's Eligibility & Alignment Overview
Avax's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Avax's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2023, Avax reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 3.7%
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 Avax earn from selling climate-related solutions ?
In 2023, Avax reported that EUR 14.24 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 3.7% of the company's total revenue,indicating that Avaxhas limited exposureon solutions that support climate action through its commercial activities.a
Insights into Avax's CAPEX from Sustainable Activities
In 2023, Avax reported EU Taxonomy-eligible CAPEX of EUR 2.40 million,representing 9.11% of its total CAPEX. Of this amount, EUR 2.40 million of Avax's CAPEX was classified as EU Taxonomy-aligned, indicating that 9.11% 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
How much of Avax's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2023, Avax reported that EUR 2.40 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 9.11% of the company's total CAPEX. Of this amount, EUR 2.40 million (9.11% of total CAPEX) was classified as Taxonomy-aligned. This means that 0% of Avax'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 Avax's eligible CAPEX is aligned with the EU Taxonomy?
In 2023, Avax reported that EUR 2.40 million of its CAPEX was aligned under the EU Taxonomy, representing 9.11% of its total capital investment.a
This low alignment reflects that Avax is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Avax's Eligibility & Alignment Overview
Avax's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is Avax's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2023, Avax reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 9.11%
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 Avax is investing in climate-related solutions?
In 2023, Avax allocated EUR 2.40 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 9.11% of the company's total capital expenditure,indicating that Avaxhas only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.a
Insights into Avax's OPEX from Sustainable Activities
In 2023, Avax reported EU Taxonomy-eligible OPEX of EUR 18,652,representing 0.25% of its total operating expenses (OPEX). Of this amount, EUR 18,652 of Avax's OPEX was classified as EU Taxonomy-aligned, indicating that 0.25% 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
How much of Avax's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2023, Avax reported that EUR 18,652 of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 0.25% of the company's total OPEX. Of this amount, EUR 18,652 (0.25% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of Avax'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).a
How much of Avax's eligible OPEX is aligned with the EU Taxonomy?
In 2023, Avax reported that EUR 18,652 of its OPEX was aligned under the EU Taxonomy, representing 0.25% of its total operational expenditure.a
This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.
Avax's Eligibility & Alignment Overview
Avax's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is Avax's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2023, Avax reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0.25%
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 Avax's operational budget supports climate-related solutions?
In 2023, Avax allocated EUR 18,429 of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.25% of the company's total OPEX,indicating that Avaxhas only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.a
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