Corticeira Amorim, SGPS, S.A. is the world’s largest cork processing group and a leading holding company specializing in the production and transformation of cork into high-value products. Founded in ... Corticeira Amorim, SGPS, S.A. is the world’s largest cork processing group and a leading holding company specializing in the production and transformation of cork into high-value products. Founded in 1870, it operates through key business units including Cork Stoppers (76.4% of sales), Floor and Wall Coverings (12.9%), Composite Cork (8.3%), Insulation Cork (1.4%), and Raw Materials (0.9%), serving industries such as wine, aerospace, automotive, construction, flooring, and sustainable insulation. The company generates over €939 million in annual sales, with 92.5% exported to more than 100 countries, primarily the EU (excluding Portugal at 61.6%), the United States (16.2%), and other regions like Australasia and Africa. Headquartered in Mozelos, Portugal, with around 4,500–5,000 employees across 30 countries, Corticeira Amorim emphasizes sustainability, innovation, and R&D investment, managing 8,150 hectares of agro-forestry land and producing 6.1 billion stoppers yearly. Its responsible practices highlight cork’s role in balancing economic growth, social equity, and environmental preservation in the forest products sector.
In 2024, Corticeira Amorim 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.
Corticeira Amorim has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Corticeira Amorim 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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2021 - 2017
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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4.24 CCM/CCA - Production of heat/cool from bioenergy
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5.2 CCM/CCA - Renewal of water collection, treatment and supply systems
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5.4 CCM/CCA - Renewal of waste water collection and treatment
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5.9 CCM/CCA - Material recovery from non-hazardous waste
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7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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9.1 CCM - Close to market research, development and innovation
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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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1.3 CCM/CCA - Forest management
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3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings
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4.24 CCM/CCA - Production of heat/cool from bioenergy
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5.3 CCM/CCA - Construction, extension and operation of waste water collection and treatment
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5.4 CCM/CCA - Renewal of waste water collection and treatment
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5.9 CCM/CCA - Material recovery from non-hazardous waste
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7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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9.1 CCM - Close to market research, development and innovation
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Limited Data Preview
You are viewing a limited preview of Corticeira Amorim’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 2022.
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Verified Sources Behind Corticeira Amorim’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 Corticeira Amorim’s data sources below and access millions more through our Disclosure Search.
a. Corticeira Amorim's Sustainability Report 2024
b. Corticeira Amorim's Annual Report 2023
c. Corticeira Amorim's Annual Report 2022
Insights into Corticeira Amorim's Revenues from Sustainable Activities
In 2024, Corticeira Amorim reported EU Taxonomy-eligible revenues of EUR 54.99 million, representing 5.9% of its total turnover. Of this amount, EUR 35.77 million of Corticeira Amorim's revenues was classified as EU Taxonomy-aligned, indicating that 3.8% 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
Corticeira Amorim's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Corticeira Amorim's revenues become more sustainable over time?
Since 2022, Corticeira Amorim's taxonomy-aligned revenues decreased by 5%, indicating a long-term decline in environmentally sustainable revenue performance.a, c
Compared to the previous year (2023), Corticeira Amorim's taxonomy-aligned revenues decreased by 5%, suggesting that Corticeira Amorim may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.a, b
How much of Corticeira Amorim's revenue is eligible under the EU Taxonomy?
In 2024, Corticeira Amorim reported that EUR 54.99 million of its revenue was eligible under the EU Taxonomy, representing 5.9% of the company's total turnover. Of this amount, EUR 35.77 million (3.8% of total revenue) was classified as Taxonomy-aligned. This means that 2% of Corticeira Amorim'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 Corticeira Amorim's eligible revenue is aligned with the EU Taxonomy?
In 2024, Corticeira Amorim reported that EUR 35.77 million of its revenue was aligned under the EU Taxonomy, representing 3.8% of its total turnover.a
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.
Corticeira Amorim's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Corticeira Amorim's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Corticeira Amorim reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 3.8%
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 Corticeira Amorim earn from selling climate-related solutions ?
In 2024, Corticeira Amorim reported that EUR 35.68 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 3.8% of the company's total revenue,indicating that Corticeira Amorimhas limited exposureon solutions that support climate action through its commercial activities.a
Insights into Corticeira Amorim's CAPEX from Sustainable Activities
In 2024, Corticeira Amorim reported EU Taxonomy-eligible CAPEX of EUR 4.81 million,representing 11.2% of its total CAPEX. Of this amount, EUR 4.10 million of Corticeira Amorim's CAPEX was classified as EU Taxonomy-aligned, indicating that 9.5% 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
Corticeira Amorim's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have Corticeira Amorim's increased its investment in sustainable activities over time?
Since 2022, Corticeira Amorim's taxonomy-aligned capital expenditure (CAPEX)increased by 5.56%,pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.a, c
Compared to the previous year (2023), Corticeira Amorim's taxonomy-aligned CAPEX decreased by 26.92%,suggesting that Corticeira Amorim may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.a, b
How much of Corticeira Amorim's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Corticeira Amorim reported that EUR 4.81 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 11.2% of the company's total CAPEX. Of this amount, EUR 4.10 million (9.5% of total CAPEX) was classified as Taxonomy-aligned. This means that 1.6% of Corticeira Amorim'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 Corticeira Amorim's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Corticeira Amorim reported that EUR 4.10 million of its CAPEX was aligned under the EU Taxonomy, representing 9.5% of its total capital investment.a
This low alignment reflects that Corticeira Amorim is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Corticeira Amorim's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is Corticeira Amorim's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Corticeira Amorim reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 9.5%
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 Corticeira Amorim is investing in climate-related solutions?
In 2024, Corticeira Amorim allocated EUR 4.09 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 9.5% of the company's total capital expenditure,indicating that Corticeira Amorimhas only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.a
Insights into Corticeira Amorim's OPEX from Sustainable Activities
In 2024, Corticeira Amorim reported EU Taxonomy-eligible OPEX of EUR 3.22 million,representing 12.6% of its total operating expenses (OPEX). Of this amount, EUR 2.38 million of Corticeira Amorim's OPEX was classified as EU Taxonomy-aligned, indicating that 9.3% 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
Corticeira Amorim's Taxonomy-Eligible Opex Over Time
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have Corticeira Amorim's increased its spending in sustainable activities over time?
Since 2022, Corticeira Amorim's taxonomy-aligned operating expenditure (OPEX)increased by 86%,pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.a, c
Compared to the previous year (2023), Corticeira Amorim's taxonomy-aligned OPEX increased by 57.63%,highlighting Corticeira Amorim's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.a, b
How much of Corticeira Amorim's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Corticeira Amorim reported that EUR 3.22 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 12.6% of the company's total OPEX. Of this amount, EUR 2.38 million (9.3% of total OPEX) was classified as Taxonomy-aligned. This means that 3.2% of Corticeira Amorim'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 Corticeira Amorim's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Corticeira Amorim reported that EUR 2.38 million of its OPEX was aligned under the EU Taxonomy, representing 9.3% of its total operational expenditure.a
This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.
Corticeira Amorim's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is Corticeira Amorim's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Corticeira Amorim reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 9.3%
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 Corticeira Amorim's operational budget supports climate-related solutions?
In 2024, Corticeira Amorim allocated EUR 2.38 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 9.3% of the company's total OPEX,indicating that Corticeira Amorimhas only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.a
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