Covivio SA
Covivio EU Taxonomy Data Preview
In 2024, Covivio 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.
Covivio has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Covivio 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 |
|---|---|---|---|---|
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.
Insights into Covivio's Revenues from Sustainable Activities
In 2024, Covivio reported EU Taxonomy-eligible revenues of EUR 1.31 billion, representing 98.9% of its total turnover. Of this amount, EUR 432.48 million of Covivio's revenues was classified as EU Taxonomy-aligned, indicating that 32.6% 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).
Covivio's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Covivio's revenues become more sustainable over time?
Since 2022, Covivio's taxonomy-aligned revenues increased by 50.23%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), Covivio's taxonomy-aligned revenues increased by 34.71%, highlighting Covivio's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.
How much of Covivio's revenue is eligible under the EU Taxonomy?
In 2024, Covivio reported that EUR 1.31 billion of its revenue was eligible under the EU Taxonomy, representing 98.9% of the company's total turnover. Of this amount, EUR 432.48 million (32.6% of total revenue) was classified as Taxonomy-aligned. This means that 66.3% of Covivio'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 Covivio's eligible revenue is aligned with the EU Taxonomy?
In 2024, Covivio reported that EUR 432.48 million of its revenue was aligned under the EU Taxonomy, representing 32.6% of its total turnover.
This moderate level of alignment indicates that Covivio has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Covivio's Eligibility & Alignment Overview
Covivio's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Covivio's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Covivio reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 32.6%
- 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 Covivio earn from selling climate-related solutions ?
In 2024, Covivio reported that EUR 431.83 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 32.6% of the company's total revenue, indicating that Covivio has a moderate focus on solutions that support climate action through its commercial activities.
Insights into Covivio's CAPEX from Sustainable Activities
In 2024, Covivio reported EU Taxonomy-eligible CAPEX of EUR 611.48 million, representing 100% of its total CAPEX. Of this amount, EUR 511.22 million of Covivio's CAPEX was classified as EU Taxonomy-aligned, indicating that 83.6% 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).
Covivio's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have Covivio's increased its investment in sustainable activities over time?
Since 2022, Covivio's taxonomy-aligned capital expenditure (CAPEX) increased by 11.32%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), Covivio's taxonomy-aligned CAPEX increased by 14.05%, highlighting Covivio's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.
How much of Covivio's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Covivio reported that EUR 611.48 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 100% of the company's total CAPEX. Of this amount, EUR 511.22 million (83.6% of total CAPEX) was classified as Taxonomy-aligned. This means that 16.4% of Covivio'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 Covivio's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Covivio reported that EUR 511.22 million of its CAPEX was aligned under the EU Taxonomy, representing 83.6% of its total capital investment.
This strong alignment suggests that Covivio is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Covivio's Eligibility & Alignment Overview
Covivio's Contribution to Environmental Objectives
How is Covivio's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Covivio reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- 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 Covivio is investing in climate-related solutions?
In 2024, Covivio allocated EUR 0 of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0% of the company's total capital expenditure, indicating that Covivio has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.
Insights into Covivio's OPEX from Sustainable Activities
In 2024, Covivio reported that 0% of its its total operating expenses (OPEX) was EU Taxonomy-eligible. Of this, 0% was classified as EU Taxonomy-aligned, indicating that these operating activities 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).