In 2024, Elecnor 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.
Elecnor has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Elecnor 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, Elecnor reported EU Taxonomy-eligible revenues of EUR 2.73 billion, representing 70.11% of its total turnover. Of this amount, EUR 2.15 billion of Elecnor's revenues was classified as EU Taxonomy-aligned, indicating that 55.19% 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, Elecnor's taxonomy-aligned revenues remained relatively stable, suggesting that Elecnor has neither significantly expanded nor reduced its sustainable revenue generation over the long term.
Compared to the previous year (2023), Elecnor's taxonomy-aligned revenues increased by 1.14%, highlighting Elecnor'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, Elecnor reported that EUR 2.73 billion of its revenue was eligible under the EU Taxonomy, representing 70.11% of the company's total turnover. Of this amount, EUR 2.15 billion (55.19% of total revenue) was classified as Taxonomy-aligned. This means that 14.92% of Elecnor'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, Elecnor reported that EUR 2.15 billion of its revenue was aligned under the EU Taxonomy, representing 55.19% of its total turnover.
This strong alignment suggests that Elecnor has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.
In 2024, Elecnor reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, Elecnor reported that EUR 2.15 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 55.19% of the company's total revenue, indicating that Elecnor primarily focuses on solutions that support climate action through its commercial activities.
In 2024, Elecnor reported EU Taxonomy-eligible CAPEX of EUR 180.62 million, representing 74.1% of its total CAPEX. Of this amount, EUR 163.90 million of Elecnor's CAPEX was classified as EU Taxonomy-aligned, indicating that 67.24% 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, Elecnor's taxonomy-aligned capital expenditure (CAPEX) increased by 57.21%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), Elecnor's taxonomy-aligned CAPEX increased by 8.66%, highlighting Elecnor's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.
In 2024, Elecnor reported that EUR 180.62 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 74.1% of the company's total CAPEX. Of this amount, EUR 163.90 million (67.24% of total CAPEX) was classified as Taxonomy-aligned. This means that 6.86% of Elecnor'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, Elecnor reported that EUR 163.90 million of its CAPEX was aligned under the EU Taxonomy, representing 67.24% of its total capital investment.
This strong alignment suggests that Elecnor 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, Elecnor reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, Elecnor allocated EUR 163.90 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 67.24% of the company's total capital expenditure, indicating that Elecnor is prioritizing climate-focused investments as a central part of its overall capital strategy.
In 2024, Elecnor reported EU Taxonomy-eligible OPEX of EUR 120.68 million, representing 58.37% of its total operating expenses (OPEX). Of this amount, EUR 96.23 million of Elecnor's OPEX was classified as EU Taxonomy-aligned, indicating that 46.54% 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, Elecnor's taxonomy-aligned operating expenditure (OPEX) increased by 1,057.71%, pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.
In 2024, Elecnor reported that EUR 120.68 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 58.37% of the company's total OPEX. Of this amount, EUR 96.23 million (46.54% of total OPEX) was classified as Taxonomy-aligned. This means that 11.83% of Elecnor'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, Elecnor reported that EUR 96.23 million of its OPEX was aligned under the EU Taxonomy, representing 46.54% of its total operational expenditure.
This moderate level of alignment indicates that Elecnor is beginning to shift operational priorities toward greener practices, with room for deeper integration.
In 2024, Elecnor reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, Elecnor allocated EUR 96.21 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 46.54% of the company's total OPEX, indicating that Elecnor is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.