EDAG Engineering Group AG

Common Name
EDAG Engineering Group
Country
Switzerland
Sector
Consumer Cyclical
Industry
Auto Parts
Employees
9,133
Ticker
ED4
Exchange
XETRA
Description
Edag Engineering Group AG is a prominent engineering service provider specializing in the automotive industry. The company offers a comprehensive range of engineering solutions, encompassing vehicle e...

EDAG Engineering Group EU Taxonomy Data Preview

In 2024, EDAG Engineering Group 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.

EDAG Engineering Group has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of EDAG Engineering Group 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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0000000
Total Taxonomy Non-Eligible B Capex
0000000
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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 EDAG Engineering Group's Revenues from Sustainable Activities

In 2024, EDAG Engineering Group reported that 0% of its total turnover was EU Taxonomy-eligible. Of this, 0% was classified as EU Taxonomy-aligned, indicating that these revenue-generating 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).

Insights into EDAG Engineering Group's CAPEX from Sustainable Activities

In 2024, EDAG Engineering Group reported EU Taxonomy-eligible CAPEX of EUR 4.15 million, representing 9% of its total CAPEX. Of this amount, EUR 271,000 of EDAG Engineering Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 1% 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).

EDAG Engineering Group's Taxonomy-Eligible Capex Over Time

20212022202320240%2.5%5%7.5%10%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

Have EDAG Engineering Group's increased its investment in sustainable activities over time?

Since 2021, EDAG Engineering Group's taxonomy-aligned capital expenditure (CAPEX) decreased by 50%, indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.

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

In 2024, EDAG Engineering Group reported that EUR 4.15 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 9% of the company's total CAPEX. Of this amount, EUR 271,000 (1% of total CAPEX) was classified as Taxonomy-aligned. This means that 8% of EDAG Engineering Group'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 EDAG Engineering Group's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, EDAG Engineering Group reported that EUR 271,000 of its CAPEX was aligned under the EU Taxonomy, representing 1% of its total capital investment.

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

EDAG Engineering Group's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(91.0%)Total TaxonomyAligned A1 Capex(1.0%)Total TaxonomyEligible but NotAligned A2 Capex(8.0%)

EDAG Engineering Group's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%2%4%6%8%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is EDAG Engineering Group's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, EDAG Engineering Group reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 1%
  • 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 EDAG Engineering Group is investing in climate-related solutions?

In 2024, EDAG Engineering Group allocated EUR 487,050 of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 1% of the company's total capital expenditure, indicating that EDAG Engineering Group has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.

Insights into EDAG Engineering Group's OPEX from Sustainable Activities

In 2024, EDAG Engineering Group 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).