In 2024, EDP 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 has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of EDP 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 |
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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.
In 2024, EDP reported EU Taxonomy-eligible revenues of EUR 7.10 billion, representing 47.5% of its total turnover. Of this amount, EUR 6.77 billion of EDP's revenues was classified as EU Taxonomy-aligned, indicating that 45.2% 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).
Since 2022, EDP's taxonomy-aligned revenues decreased by 7.76% , indicating a long-term decline in environmentally sustainable revenue performance.
Compared to the previous year (2023), EDP's taxonomy-aligned revenues increased by 5.12%, highlighting EDP's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.
In 2024, EDP reported that EUR 7.10 billion of its revenue was eligible under the EU Taxonomy, representing 47.5% of the company's total turnover. Of this amount, EUR 6.77 billion (45.2% of total revenue) was classified as Taxonomy-aligned. This means that 2.2% of EDP'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.
In 2024, EDP reported that EUR 6.77 billion of its revenue was aligned under the EU Taxonomy, representing 45.2% of its total turnover.
This moderate level of alignment indicates that EDP has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
In 2024, EDP reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, EDP reported that EUR 6.76 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 45.2% of the company's total revenue, indicating that EDP has a moderate focus on solutions that support climate action through its commercial activities.
In 2024, EDP reported EU Taxonomy-eligible CAPEX of EUR 4.47 billion, representing 94.1% of its total CAPEX. Of this amount, EUR 4.43 billion of EDP's CAPEX was classified as EU Taxonomy-aligned, indicating that 93.3% 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).
Since 2022, EDP's taxonomy-aligned capital expenditure (CAPEX) decreased by 2.81%, 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's taxonomy-aligned CAPEX decreased by 3.22%, suggesting that EDP may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
In 2024, EDP reported that EUR 4.47 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 94.1% of the company's total CAPEX. Of this amount, EUR 4.43 billion (93.3% of total CAPEX) was classified as Taxonomy-aligned. This means that 0.8% of EDP'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).
In 2024, EDP reported that EUR 4.43 billion of its CAPEX was aligned under the EU Taxonomy, representing 93.3% of its total capital investment.
This strong alignment suggests that EDP is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
In 2024, EDP reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, EDP allocated EUR 4.43 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 93.3% of the company's total capital expenditure, indicating that EDP is prioritizing climate-focused investments as a central part of its overall capital strategy.
In 2024, EDP reported EU Taxonomy-eligible OPEX of EUR 721.88 million, representing 95.2% of its total operating expenses (OPEX). Of this amount, EUR 659.14 million of EDP's OPEX was classified as EU Taxonomy-aligned, indicating that 86.9% 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).
Since 2022, EDP's taxonomy-aligned operating expenditure (OPEX) increased by 24.14%, 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's taxonomy-aligned OPEX increased by 27.98%, highlighting EDP's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
In 2024, EDP reported that EUR 721.88 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 95.2% of the company's total OPEX. Of this amount, EUR 659.14 million (86.9% of total OPEX) was classified as Taxonomy-aligned. This means that 8.3% of EDP'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).
In 2024, EDP reported that EUR 659.14 million of its OPEX was aligned under the EU Taxonomy, representing 86.9% of its total operational expenditure.
This strong alignment suggests that EDP is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.
In 2024, EDP reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, EDP allocated EUR 658.76 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 86.9% of the company's total OPEX, indicating that EDP is focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.