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) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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.
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).
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.
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.
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.
In 2024, Balco Group reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
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.
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).
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.
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).
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.
In 2024, Balco Group reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
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.
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).
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.
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).
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.
In 2024, Balco Group reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
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.