EDP Renovaveis SA
EDP Renovaveis EU Taxonomy Data Preview
In 2024, EDP Renovaveis 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.
EDP Renovaveis has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of EDP Renovaveis 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 EDP Renovaveis's Revenues from Sustainable Activities
In 2024, EDP Renovaveis reported EU Taxonomy-eligible revenues of EUR 2.37 billion, representing 99.5% of its total turnover. Of this amount, EUR 2.37 billion of EDP Renovaveis's revenues was classified as EU Taxonomy-aligned, indicating that 99.5% 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).
EDP Renovaveis's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have EDP Renovaveis's revenues become more sustainable over time?
Since 2022, EDP Renovaveis's taxonomy-aligned revenues remained relatively stable, suggesting that EDP Renovaveis has neither significantly expanded nor reduced its sustainable revenue generation over the long term.
Compared to the previous year (2023), EDP Renovaveis's taxonomy-aligned revenues remained relatively stable, indicating that EDP Renovaveis maintained operational continuity , with no significant changes in the scale of sustainable activities or the coverage of its taxonomy-aligned reporting.
How much of EDP Renovaveis's revenue is eligible under the EU Taxonomy?
In 2024, EDP Renovaveis reported that EUR 2.37 billion of its revenue was eligible under the EU Taxonomy, representing 99.5% of the company's total turnover. Of this amount, EUR 2.37 billion (99.5% of total revenue) was classified as Taxonomy-aligned. This means that 0% of EDP Renovaveis'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 EDP Renovaveis's eligible revenue is aligned with the EU Taxonomy?
In 2024, EDP Renovaveis reported that EUR 2.37 billion of its revenue was aligned under the EU Taxonomy, representing 99.5% of its total turnover.
This strong alignment suggests that EDP Renovaveis has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.
EDP Renovaveis's Eligibility & Alignment Overview
EDP Renovaveis's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is EDP Renovaveis's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, EDP Renovaveis reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 99.5%
- 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 revenue does EDP Renovaveis earn from selling climate-related solutions ?
In 2024, EDP Renovaveis reported that EUR 2.37 billion 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 99.5% of the company's total revenue, indicating that EDP Renovaveis primarily focuses on solutions that support climate action through its commercial activities.
Insights into EDP Renovaveis's CAPEX from Sustainable Activities
In 2024, EDP Renovaveis reported EU Taxonomy-eligible CAPEX of EUR 3.37 billion, representing 96.2% of its total CAPEX. Of this amount, EUR 3.37 billion of EDP Renovaveis's CAPEX was classified as EU Taxonomy-aligned, indicating that 96.2% 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).
EDP Renovaveis's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have EDP Renovaveis's increased its investment in sustainable activities over time?
Since 2022, EDP Renovaveis's taxonomy-aligned capital expenditure (CAPEX) decreased by 3.32%, indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.
Compared to the previous year (2023), EDP Renovaveis's taxonomy-aligned CAPEX decreased by 3.61%, suggesting that EDP Renovaveis may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
How much of EDP Renovaveis's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, EDP Renovaveis reported that EUR 3.37 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 96.2% of the company's total CAPEX. Of this amount, EUR 3.37 billion (96.2% of total CAPEX) was classified as Taxonomy-aligned. This means that 0% of EDP Renovaveis'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 EDP Renovaveis's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, EDP Renovaveis reported that EUR 3.37 billion of its CAPEX was aligned under the EU Taxonomy, representing 96.2% of its total capital investment.
This strong alignment suggests that EDP Renovaveis is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
EDP Renovaveis's Eligibility & Alignment Overview
EDP Renovaveis's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is EDP Renovaveis's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, EDP Renovaveis reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 96.2%
- 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 EDP Renovaveis is investing in climate-related solutions?
In 2024, EDP Renovaveis allocated EUR 3.37 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 96.2% of the company's total capital expenditure, indicating that EDP Renovaveis is prioritizing climate-focused investments as a central part of its overall capital strategy.
Insights into EDP Renovaveis's OPEX from Sustainable Activities
In 2024, EDP Renovaveis reported EU Taxonomy-eligible OPEX of EUR 373.17 million, representing 99.4% of its total operating expenses (OPEX). Of this amount, EUR 373.17 million of EDP Renovaveis's OPEX was classified as EU Taxonomy-aligned, indicating that 99.4% 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).
EDP Renovaveis's Taxonomy-Eligible Opex Over Time
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have EDP Renovaveis's increased its spending in sustainable activities over time?
Since 2022, EDP Renovaveis's taxonomy-aligned operating expenditure (OPEX) increased by 1.22%, 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), EDP Renovaveis's taxonomy-aligned OPEX increased by 1.84%, highlighting EDP Renovaveis's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
How much of EDP Renovaveis's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, EDP Renovaveis reported that EUR 373.17 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 99.4% of the company's total OPEX. Of this amount, EUR 373.17 million (99.4% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of EDP Renovaveis'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 EDP Renovaveis's eligible OPEX is aligned with the EU Taxonomy?
In 2024, EDP Renovaveis reported that EUR 373.17 million of its OPEX was aligned under the EU Taxonomy, representing 99.4% of its total operational expenditure.
This strong alignment suggests that EDP Renovaveis is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.
EDP Renovaveis's Eligibility & Alignment Overview
EDP Renovaveis's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
How is EDP Renovaveis's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, EDP Renovaveis reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 99.4%
- 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 EDP Renovaveis's operational budget supports climate-related solutions?
In 2024, EDP Renovaveis allocated EUR 373.14 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 99.4% of the company's total OPEX, indicating that EDP Renovaveis is focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.