Carel Industries S.p.A. is a leading manufacturer specializing in advanced control solutions for air conditioning, refrigeration, and heating, as well as systems for humidification and evaporative coo... Carel Industries S.p.A. is a leading manufacturer specializing in advanced control solutions for air conditioning, refrigeration, and heating, as well as systems for humidification and evaporative cooling. Founded in 1973 and headquartered in Italy, the company focuses on delivering energy-efficient technologies that reduce environmental impact, catering to commercial, industrial, and residential applications worldwide. Its product portfolio encompasses programmable controllers, HVAC controls, parametric refrigeration controls, isothermal and adiabatic humidifiers, sensors, water treatment systems, IoT digital services, and remote monitoring solutions. Carel Industries also provides a range of technical support, digital, and repair services. With a strong emphasis on research and development, the company allocates a significant portion of its revenues to innovation, anticipating evolving customer needs and setting industry benchmarks. Carel Industries’ solutions serve diverse sectors including automotive, food and agriculture, healthcare, and electronics, underscoring its broad market relevance and technological leadership in the HVAC/R and climate control sectors.
In 2024, Carel Industries 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.
Carel Industries has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Carel Industries are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
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Total Taxonomy Aligned A1 Turnover
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Total Taxonomy Eligible A Turnover
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Total Taxonomy Non-Eligible B Turnover
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3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings
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Total Taxonomy Aligned A1 Opex
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Total Taxonomy Eligible A Opex
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Total Taxonomy Non-Eligible B Opex
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3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings
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Total Taxonomy Aligned A1 Capex
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Total Taxonomy Eligible A Capex
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Total Taxonomy Non-Eligible B Capex
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3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings
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Limited Data Preview
You are viewing a limited preview of Carel Industries’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories (A1, A2, A, B, and A+B), at both aggregate and activity level, with historical coverage back to 2021.
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Verified Sources Behind Carel Industries’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 Carel Industries’s data sources below and access millions more through our Disclosure Search.
a. Carel Industries's Annual Report 2024
b. Carel Industries's Non-financial report 2023
c. Carel Industries's Non-financial report 2022
Insights into Carel Industries's Revenues from Sustainable Activities
In 2024, Carel Industries reported EU Taxonomy-eligible revenues of EUR 466.68 million, representing 80.67% of its total turnover. Of this amount, EUR 254.52 million of Carel Industries's revenues was classified as EU Taxonomy-aligned, indicating that 43.99% 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
Carel Industries's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Carel Industries's revenues become more sustainable over time?
Compared to the previous year (2023), Carel Industries's taxonomy-aligned revenues decreased by 13.98%, suggesting that Carel Industries may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.a, b
How much of Carel Industries's revenue is eligible under the EU Taxonomy?
In 2024, Carel Industries reported that EUR 466.68 million of its revenue was eligible under the EU Taxonomy, representing 80.67% of the company's total turnover. Of this amount, EUR 254.52 million (43.99% of total revenue) was classified as Taxonomy-aligned. This means that 36.67% of Carel Industries'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 Carel Industries's eligible revenue is aligned with the EU Taxonomy?
In 2024, Carel Industries reported that EUR 254.52 million of its revenue was aligned under the EU Taxonomy, representing 43.99% of its total turnover.a
This moderate level of alignment indicates that Carel Industries has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Carel Industries's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Carel Industries's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Carel Industries reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 43.99%
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 Carel Industries earn from selling climate-related solutions ?
In 2024, Carel Industries reported that EUR 254.50 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 43.99% of the company's total revenue,indicating that Carel Industrieshas a moderate focuson solutions that support climate action through its commercial activities.a
Insights into Carel Industries's CAPEX from Sustainable Activities
In 2024, Carel Industries reported EU Taxonomy-eligible CAPEX of EUR 28.55 million,representing 76.67% of its total CAPEX. Of this amount, EUR 16.70 million of Carel Industries's CAPEX was classified as EU Taxonomy-aligned, indicating that 44.83% 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
Carel Industries's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have Carel Industries's increased its investment in sustainable activities over time?
Compared to the previous year (2023), Carel Industries's taxonomy-aligned CAPEX increased by 7.76%,highlighting Carel Industries's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.a, b
How much of Carel Industries's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Carel Industries reported that EUR 28.55 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 76.67% of the company's total CAPEX. Of this amount, EUR 16.70 million (44.83% of total CAPEX) was classified as Taxonomy-aligned. This means that 31.84% of Carel Industries'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 Carel Industries's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Carel Industries reported that EUR 16.70 million of its CAPEX was aligned under the EU Taxonomy, representing 44.83% of its total capital investment.a
This moderate level of alignment indicates that Carel Industries is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Carel Industries's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is Carel Industries's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Carel Industries reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 44.83%
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 Carel Industries is investing in climate-related solutions?
In 2024, Carel Industries allocated EUR 16.70 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 44.83% of the company's total capital expenditure,indicating that Carel Industriesis moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.a
Insights into Carel Industries's OPEX from Sustainable Activities
In 2024, Carel Industries reported EU Taxonomy-eligible OPEX of EUR 30.77 million,representing 94.89% of its total operating expenses (OPEX). Of this amount, EUR 13.59 million of Carel Industries's OPEX was classified as EU Taxonomy-aligned, indicating that 41.91% 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
Carel Industries's Taxonomy-Eligible Opex Over Time
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have Carel Industries's increased its spending in sustainable activities over time?
Compared to the previous year (2023), Carel Industries's taxonomy-aligned OPEX decreased by 26.34%, suggesting that Carel Industries may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.a, b
How much of Carel Industries's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Carel Industries reported that EUR 30.77 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 94.89% of the company's total OPEX. Of this amount, EUR 13.59 million (41.91% of total OPEX) was classified as Taxonomy-aligned. This means that 52.98% of Carel Industries'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 Carel Industries's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Carel Industries reported that EUR 13.59 million of its OPEX was aligned under the EU Taxonomy, representing 41.91% of its total operational expenditure.a
This moderate level of alignment indicates that Carel Industries is beginning to shift operational priorities toward greener practices, with room for deeper integration.
Carel Industries's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is Carel Industries's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Carel Industries reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 41.91%
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 Carel Industries's operational budget supports climate-related solutions?
In 2024, Carel Industries allocated EUR 13.59 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 41.91% of the company's total OPEX,indicating that Carel Industriesis moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.a
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