CIR SpA - Compagnie Industriali Riunite

Common Name
CIR
Country
Italy
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
15,054
Ticker
CIR
Exchange
EURONEXT MILAN
Description
CIR S.p.A. is an Italian holding company that operates primarily in the fields of media, automotive components, and healthcare services. As a diversified group, its primary function is to manage inves...

CIR EU Taxonomy Data Preview

In 2023, CIR 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.

CIR has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of CIR 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
0000000
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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 CIR's Revenues from Sustainable Activities

In 2023, CIR reported EU Taxonomy-eligible revenues of EUR 2.18 million, representing 0.09% of its total turnover. Of this amount, EUR 980,000 of CIR's revenues was classified as EU Taxonomy-aligned, indicating that 0.04% 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).

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

In 2023, CIR reported that EUR 2.18 million of its revenue was eligible under the EU Taxonomy, representing 0.09% of the company's total turnover. Of this amount, EUR 980,000 (0.04% of total revenue) was classified as Taxonomy-aligned. This means that 0.05% of CIR'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 CIR's eligible revenue is aligned with the EU Taxonomy?

In 2023, CIR reported that EUR 980,000 of its revenue was aligned under the EU Taxonomy, representing 0.04% of its total turnover.

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.

CIR's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(99.9%)Total TaxonomyAligned A1 Turnover(0.0%)Total TaxonomyEligible but NotAligned A2 Turnover(0.1%)

CIR's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%0.02%0.03%0.05%0.06%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is CIR's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2023, CIR reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 0.04%
  • 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 CIR earn from selling climate-related solutions ?

In 2023, CIR reported that EUR 951,960 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 0.04% of the company's total revenue, indicating that CIR has limited exposure on solutions that support climate action through its commercial activities.

Insights into CIR's CAPEX from Sustainable Activities

In 2023, CIR reported EU Taxonomy-eligible CAPEX of EUR 6.88 million, representing 5.21% of its total CAPEX. Of this amount, EUR 2.36 million of CIR's CAPEX was classified as EU Taxonomy-aligned, indicating that 1.79% 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).

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

In 2023, CIR reported that EUR 6.88 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 5.21% of the company's total CAPEX. Of this amount, EUR 2.36 million (1.79% of total CAPEX) was classified as Taxonomy-aligned. This means that 3.43% of CIR'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 CIR's eligible CAPEX is aligned with the EU Taxonomy?

In 2023, CIR reported that EUR 2.36 million of its CAPEX was aligned under the EU Taxonomy, representing 1.79% of its total capital investment.

This low alignment reflects that CIR is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

CIR's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(94.8%)Total TaxonomyAligned A1 Capex(1.8%)Total TaxonomyEligible but NotAligned A2 Capex(3.4%)

CIR's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%0.9%1.8%2.7%3.6%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is CIR's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2023, CIR reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 1.79%
  • 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 CIR is investing in climate-related solutions?

In 2023, CIR allocated EUR 2.36 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 1.79% of the company's total capital expenditure, indicating that CIR has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.

Insights into CIR's OPEX from Sustainable Activities

In 2023, CIR reported EU Taxonomy-eligible OPEX of EUR 5,000, representing 0.01% of its total operating expenses (OPEX). Of this amount, EUR 0 of CIR's OPEX was classified as EU Taxonomy-aligned, indicating that 0% 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).