Elia Group SA/NV is a leading regulated electric utility specializing in transmission system operations across Belgium and Germany. As one of Europe’s top five transmission system operators, Elia Grou... Elia Group SA/NV is a leading regulated electric utility specializing in transmission system operations across Belgium and Germany. As one of Europe’s top five transmission system operators, Elia Group ensures the continuous and reliable delivery of electricity to approximately 30 million end users. The company owns and operates extensive high-voltage infrastructure, including overhead power lines, cables, and transformers, with a grid network spanning over 19,000 kilometers. Acting as a crucial link between electricity producers and distribution systems, Elia facilitates integration among northern and southern European markets, supporting both national and cross-border energy flow.
Elia Group plays a pivotal role in promoting the energy transition by investing in grid expansion, increasing interconnection capacity, and integrating growing volumes of renewable energy. Beyond regulated transmission activities, the company offers consultancy services to international clients through its subsidiary, Elia Grid International, and advances offshore grid development through WindGrid. Its market significance is underscored by its contributions to grid reliability (with a stability rate of 99.99%), decarbonisation initiatives, and socio-economic prosperity for the regions it serves.
In 2024, Elia 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.
Elia Group has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Elia Group are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
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2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Turnover
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Total Taxonomy Eligible A Turnover
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Total Taxonomy Non-Eligible B Turnover
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4.9 CCM/CCA - Transmission and distribution of electricity
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c
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2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Opex
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c
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Total Taxonomy Eligible A Opex
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c
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Total Taxonomy Non-Eligible B Opex
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c
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4.9 CCM/CCA - Transmission and distribution of electricity
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a
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c
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2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Capex
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Total Taxonomy Eligible A Capex
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Total Taxonomy Non-Eligible B Capex
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4.9 CCM/CCA - Transmission and distribution of electricity
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Limited Data Preview
You are viewing a limited preview of Elia Group’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories (A1, A2, A, B, and A+B), at both aggregate and activity level, with historical coverage back to 2022.
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Verified Sources Behind Elia Group’s EU Taxonomy Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Elia Group’s data sources below and access millions more through our Disclosure Search.
a. Elia Group's Integrated Report 2024
b. Elia Group's EU Taxonomy Report 2023
c. Elia Group's EU Taxonomy Report 2022
Insights into Elia Group's Revenues from Sustainable Activities
In 2024, Elia Group reported EU Taxonomy-eligible revenues of EUR 3.71 billion, representing 99.7% of its total turnover. Of this amount, EUR 3.69 billion of Elia Group's revenues was classified as EU Taxonomy-aligned, indicating that 99.3% 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).a
Elia Group's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Elia Group's revenues become more sustainable over time?
Since 2022, Elia Group's taxonomy-aligned revenues remained relatively stable, suggesting that Elia Group has neither significantly expanded nor reduced its sustainable revenue generation over the long term.a, c
Compared to the previous year (2023), Elia Group's taxonomy-aligned revenues remained relatively stable, indicating that Elia Group maintained operational continuity , with no significant changes in the scale of sustainable activities or the coverage of its taxonomy-aligned reporting.a, b
How much of Elia Group's revenue is eligible under the EU Taxonomy?
In 2024, Elia Group reported that EUR 3.71 billion of its revenue was eligible under the EU Taxonomy, representing 99.7% of the company's total turnover. Of this amount, EUR 3.69 billion (99.3% of total revenue) was classified as Taxonomy-aligned. This means that 0.4% of Elia Group'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.a
How much of Elia Group's eligible revenue is aligned with the EU Taxonomy?
In 2024, Elia Group reported that EUR 3.69 billion of its revenue was aligned under the EU Taxonomy, representing 99.3% of its total turnover.a
This strong alignment suggests that Elia Group has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.
Elia Group's Eligibility & Alignment Overview
Elia Group's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Elia Group's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Elia Group reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 99.3%
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 Elia Group earn from selling climate-related solutions ?
In 2024, Elia Group reported that EUR 3.69 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 99.3% of the company's total revenue,indicating that Elia Groupprimarily focuseson solutions that support climate action through its commercial activities.a
Insights into Elia Group's CAPEX from Sustainable Activities
In 2024, Elia Group reported EU Taxonomy-eligible CAPEX of EUR 4.93 billion,representing 99.9% of its total CAPEX. Of this amount, EUR 4.92 billion of Elia Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 99.8% 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).a
Elia Group's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have Elia Group's increased its investment in sustainable activities over time?
Since 2022, Elia Group's taxonomy-aligned capital expenditure (CAPEX)remained relatively stable, suggesting that Elia Group has neither expanded nor reduced its sustainability-focused capital investments in recent years.a, c
Compared to the previous year (2023), Elia Group's taxonomy-aligned CAPEX remained relatively stable, indicating that Elia Group maintained consistent levels of green capital expenditure, with no significant expansion or retreat in its taxonomy-aligned investment strategy.a, b
How much of Elia Group's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Elia Group reported that EUR 4.93 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 99.9% of the company's total CAPEX. Of this amount, EUR 4.92 billion (99.8% of total CAPEX) was classified as Taxonomy-aligned. This means that 0.2% of Elia 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).a
How much of Elia Group's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Elia Group reported that EUR 4.92 billion of its CAPEX was aligned under the EU Taxonomy, representing 99.8% of its total capital investment.a
This strong alignment suggests that Elia Group is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Elia Group's Eligibility & Alignment Overview
Elia Group's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is Elia Group's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Elia Group reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 99.8%
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 Elia Group is investing in climate-related solutions?
In 2024, Elia Group allocated EUR 4.92 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 99.8% of the company's total capital expenditure,indicating that Elia Groupis prioritizing climate-focused investments as a central part of its overall capital strategy.a
Insights into Elia Group's OPEX from Sustainable Activities
In 2024, Elia Group reported EU Taxonomy-eligible OPEX of EUR 252.12 million,representing 99.7% of its total operating expenses (OPEX). Of this amount, EUR 251.07 million of Elia Group's OPEX was classified as EU Taxonomy-aligned, indicating that 99.3% 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).a
Elia Group's Taxonomy-Eligible Opex Over Time
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have Elia Group's increased its spending in sustainable activities over time?
Since 2022, Elia Group's taxonomy-aligned operating expenditure (OPEX)remained relatively stable, suggesting that Elia Group has maintained a steady level of sustainability-focused operational expenditure over recent years.a, c
Compared to the previous year (2023), Elia Group's taxonomy-aligned OPEX remained relatively stable, indicating that Elia Group maintained consistent levels of sustainable operational expenditure, without significant changes in taxonomy-aligned activity coverage.a, b
How much of Elia Group's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Elia Group reported that EUR 252.12 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 99.7% of the company's total OPEX. Of this amount, EUR 251.07 million (99.3% of total OPEX) was classified as Taxonomy-aligned. This means that 0.4% of Elia Group'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).a
How much of Elia Group's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Elia Group reported that EUR 251.07 million of its OPEX was aligned under the EU Taxonomy, representing 99.3% of its total operational expenditure.a
This strong alignment suggests that Elia Group is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.
Elia Group's Eligibility & Alignment Overview
Elia Group's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is Elia Group's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Elia Group reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 99.3%
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 Elia Group's operational budget supports climate-related solutions?
In 2024, Elia Group allocated EUR 251.09 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 99.3% of the company's total OPEX,indicating that Elia Groupis focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.a
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