Balco Group AB

Common Name
Balco Group
Country
Sweden
Sector
Consumer Cyclical
Industry
Residential Construction
Employees
562
Ticker
BALCO
Exchange
NASDAQ STOCKHOLM AB
Description
Balco Group AB is a prominent player in the construction industry, focusing primarily on designing, manufacturing, and installing glazed balcony systems. The core function of Balco Group AB is to enha...

Balco Group EU Taxonomy Data Preview

In 2024, Balco Group 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.

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

In 2024, Balco Group reported EU Taxonomy-eligible revenues of SEK 1.00 billion, representing 70.5% of its total turnover. Of this amount, SEK 741.50 million of Balco Group's revenues was classified as EU Taxonomy-aligned, indicating that 52.3% 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).

Balco Group'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 Balco Group's revenues become more sustainable over time?

Since 2022, Balco Group's taxonomy-aligned revenues decreased by 14.26% , indicating a long-term decline in environmentally sustainable revenue performance.

Compared to the previous year (2023), Balco Group's taxonomy-aligned revenues decreased by 13.55% , suggesting that Balco Group may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.

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

In 2024, Balco Group reported that SEK 1.00 billion of its revenue was eligible under the EU Taxonomy, representing 70.5% of the company's total turnover. Of this amount, SEK 741.50 million (52.3% of total revenue) was classified as Taxonomy-aligned. This means that 18.2% of Balco Group'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 Balco Group's eligible revenue is aligned with the EU Taxonomy?

In 2024, Balco Group reported that SEK 741.50 million of its revenue was aligned under the EU Taxonomy, representing 52.3% of its total turnover.

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

Balco Group's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(29.5%)Total TaxonomyAligned A1 Turnover(52.3%)Total TaxonomyEligible but NotAligned A2 Turnover(18.2%)

Balco Group'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 Balco Group's taxonomy-aligned revenue distributed across the EU environmental objectives?

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

  • Climate Change Mitigation: 52.3%

How much revenue does Balco Group earn from selling climate-related solutions ?

In 2024, Balco Group reported that SEK 741.56 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 52.3% of the company's total revenue, indicating that Balco Group primarily focuses on solutions that support climate action through its commercial activities.

Insights into Balco Group's CAPEX from Sustainable Activities

In 2024, Balco Group reported EU Taxonomy-eligible CAPEX of SEK 15.40 million, representing 80.9% of its total CAPEX. Of this amount, SEK 13.40 million of Balco Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 70.6% 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).

Balco Group'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 Balco Group's increased its investment in sustainable activities over time?

Since 2022, Balco Group's taxonomy-aligned capital expenditure (CAPEX) increased by 5.37%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.

Compared to the previous year (2023), Balco Group's taxonomy-aligned CAPEX decreased by 3.95%, suggesting that Balco Group may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.

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

In 2024, Balco Group reported that SEK 15.40 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 80.9% of the company's total CAPEX. Of this amount, SEK 13.40 million (70.6% of total CAPEX) was classified as Taxonomy-aligned. This means that 10.3% of Balco Group'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 Balco Group's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Balco Group reported that SEK 13.40 million of its CAPEX was aligned under the EU Taxonomy, representing 70.6% of its total capital investment.

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

Balco Group's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(19.1%)Total TaxonomyAligned A1 Capex(70.6%)Total TaxonomyEligible but NotAligned A2 Capex(10.3%)

Balco Group'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 Balco Group's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

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

  • Climate Change Mitigation: 70.6%

How much Balco Group is investing in climate-related solutions?

In 2024, Balco Group allocated SEK 13.41 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 70.6% of the company's total capital expenditure, indicating that Balco Group is prioritizing climate-focused investments as a central part of its overall capital strategy.

Insights into Balco Group's OPEX from Sustainable Activities

In 2024, Balco Group reported EU Taxonomy-eligible OPEX of SEK 4.20 million, representing 89.1% of its total operating expenses (OPEX). Of this amount, SEK 3.30 million of Balco Group's OPEX was classified as EU Taxonomy-aligned, indicating that 70.9% 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).

Balco Group'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 Balco Group's increased its spending in sustainable activities over time?

Since 2022, Balco Group's taxonomy-aligned operating expenditure (OPEX) increased by 24.39%, 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), Balco Group's taxonomy-aligned OPEX increased by 2.16%, highlighting Balco Group's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.

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

In 2024, Balco Group reported that SEK 4.20 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 89.1% of the company's total OPEX. Of this amount, SEK 3.30 million (70.9% of total OPEX) was classified as Taxonomy-aligned. This means that 18.2% of Balco Group'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 Balco Group's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Balco Group reported that SEK 3.30 million of its OPEX was aligned under the EU Taxonomy, representing 70.9% of its total operational expenditure.

This strong alignment suggests that Balco Group is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.

Balco Group's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(10.9%)Total TaxonomyAligned A1 Opex(70.9%)Total TaxonomyEligible but NotAligned A2 Opex(18.2%)

Balco Group's Contribution to Environmental Objectives

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

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

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

  • Climate Change Mitigation: 70.9%

How much of Balco Group's operational budget supports climate-related solutions?

In 2024, Balco Group allocated SEK 3.33 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 70.9% of the company's total OPEX, indicating that Balco Group is focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.