In 2024, Borregaard 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.
Borregaard has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Borregaard 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, Borregaard reported EU Taxonomy-eligible revenues of NOK 2.63 billion, representing 34% of its total turnover. Of this amount, NOK 2.57 billion of Borregaard's revenues was classified as EU Taxonomy-aligned, indicating that 34% 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, Borregaard's taxonomy-aligned revenues increased by 423.08%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), Borregaard's taxonomy-aligned revenues increased by 17.24%, highlighting Borregaard's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.
In 2024, Borregaard reported that NOK 2.63 billion of its revenue was eligible under the EU Taxonomy, representing 34% of the company's total turnover. Of this amount, NOK 2.57 billion (34% of total revenue) was classified as Taxonomy-aligned. This means that 1% of Borregaard'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, Borregaard reported that NOK 2.57 billion of its revenue was aligned under the EU Taxonomy, representing 34% of its total turnover.
This moderate level of alignment indicates that Borregaard has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
In 2024, Borregaard reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, Borregaard reported that NOK 2.59 billion 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 34% of the company's total revenue, indicating that Borregaard has a moderate focus on solutions that support climate action through its commercial activities.
In 2024, Borregaard reported EU Taxonomy-eligible CAPEX of NOK 323.00 million, representing 48% of its total CAPEX. Of this amount, NOK 308.00 million of Borregaard's CAPEX was classified as EU Taxonomy-aligned, indicating that 46% 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).
Compared to the previous year (2023), Borregaard's taxonomy-aligned CAPEX decreased by 11.54%, suggesting that Borregaard may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
In 2024, Borregaard reported that NOK 323.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 48% of the company's total CAPEX. Of this amount, NOK 308.00 million (46% of total CAPEX) was classified as Taxonomy-aligned. This means that 2% of Borregaard'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, Borregaard reported that NOK 308.00 million of its CAPEX was aligned under the EU Taxonomy, representing 46% of its total capital investment.
This moderate level of alignment indicates that Borregaard is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, Borregaard reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, Borregaard allocated NOK 307.28 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 46% of the company's total capital expenditure, indicating that Borregaard is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
In 2024, Borregaard reported EU Taxonomy-eligible OPEX of NOK 290.00 million, representing 47% of its total operating expenses (OPEX). Of this amount, NOK 278.00 million of Borregaard's OPEX was classified as EU Taxonomy-aligned, indicating that 45% 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).
Compared to the previous year (2023), Borregaard's taxonomy-aligned OPEX increased by 12.5%, highlighting Borregaard's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
In 2024, Borregaard reported that NOK 290.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 47% of the company's total OPEX. Of this amount, NOK 278.00 million (45% of total OPEX) was classified as Taxonomy-aligned. This means that 2% of Borregaard'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, Borregaard reported that NOK 278.00 million of its OPEX was aligned under the EU Taxonomy, representing 45% of its total operational expenditure.
This moderate level of alignment indicates that Borregaard is beginning to shift operational priorities toward greener practices, with room for deeper integration.
In 2024, Borregaard reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, Borregaard allocated NOK 278.10 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 45% of the company's total OPEX, indicating that Borregaard is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.