Corticeira Amorim SGPS SA

Common Name
Corticeira Amorim
Country
Portugal
Sector
Energy
Industry
Oil & Gas E&P
Employees
2
Ticker
COR
Exchange
EURONEXT
Description
Corticeira Amorim S.A. is a leading industrial company specialized in the production and supply of cork-based products. As the world’s most prominent cork manufacturer, it plays a pivotal role in the ...

Corticeira Amorim EU Taxonomy Data Preview

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.

Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
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0000000
Total Taxonomy Eligible A Turnover
0000000
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Total Taxonomy Non-Eligible B Turnover
0000000
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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
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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 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).

Corticeira Amorim's Taxonomy-Eligible Turnover Over Time

2022202320240%2%4%6%8%% Taxonomy-Eligible turnover
  • 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.

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.

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.

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.

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 Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(94.1%)Total TaxonomyAligned A1 Turnover(3.8%)Total TaxonomyEligible but NotAligned A2 Turnover(2.0%)

Corticeira Amorim's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%0.95%1.9%2.85%3.8%% Taxonomy-Eligible turnover
  • 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 objectives:

  • 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 Amorim has limited exposure on solutions that support climate action through its commercial activities.

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).

Corticeira Amorim's Taxonomy-Eligible Capex Over Time

2022202320240%9.5%19%28.5%38%% Taxonomy-Eligible capex
  • 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.

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.

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).

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.

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 Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(88.8%)Total TaxonomyAligned A1 Capex(9.5%)Total TaxonomyEligible but NotAligned A2 Capex(1.6%)

Corticeira Amorim's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%2.5%5%7.5%10%% Taxonomy-Eligible capex
  • 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 objectives:

  • 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 Amorim has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.

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).

Corticeira Amorim's Taxonomy-Eligible Opex Over Time

2022202320240%3.5%7%10.5%14%% Taxonomy-Eligible opex
  • 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.

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.

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).

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.

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 Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(87.4%)Total TaxonomyAligned A1 Opex(9.3%)Total TaxonomyEligible but NotAligned A2 Opex(3.2%)

Corticeira Amorim's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%2.5%5%7.5%10%% Taxonomy-Eligible opex
  • 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 objectives:

  • 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 Amorim has only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.

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