Elica SpA
Elica EU Taxonomy Data Preview
In 2024, Elica 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.
Elica has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Elica 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 Elica's Revenues from Sustainable Activities
In 2024, Elica reported EU Taxonomy-eligible revenues of EUR 452.09 million, representing 100% of its total turnover. Of this amount, EUR 19.26 million of Elica's revenues was classified as EU Taxonomy-aligned, indicating that 4.3% 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).
Elica's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Elica's revenues become more sustainable over time?
Since 2022, Elica's taxonomy-aligned revenues decreased by 28.33% , indicating a long-term decline in environmentally sustainable revenue performance.
Compared to the previous year (2023), Elica's taxonomy-aligned revenues decreased by 10.42% , suggesting that Elica may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.
How much of Elica's revenue is eligible under the EU Taxonomy?
In 2024, Elica reported that EUR 452.09 million of its revenue was eligible under the EU Taxonomy, representing 100% of the company's total turnover. Of this amount, EUR 19.26 million (4.3% of total revenue) was classified as Taxonomy-aligned. This means that 95.7% of Elica'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 Elica's eligible revenue is aligned with the EU Taxonomy?
In 2024, Elica reported that EUR 19.26 million of its revenue was aligned under the EU Taxonomy, representing 4.3% of its total turnover.
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
Elica's Eligibility & Alignment Overview
Elica's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Elica's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Elica reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 4.3%
- 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 Elica earn from selling climate-related solutions ?
In 2024, Elica reported that EUR 19.44 million 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 4.3% of the company's total revenue, indicating that Elica has limited exposure on solutions that support climate action through its commercial activities.
Insights into Elica's CAPEX from Sustainable Activities
In 2024, Elica reported EU Taxonomy-eligible CAPEX of EUR 15.90 million, representing 75.9% of its total CAPEX. Of this amount, EUR 2.23 million of Elica's CAPEX was classified as EU Taxonomy-aligned, indicating that 10.6% 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).
Elica's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have Elica's increased its investment in sustainable activities over time?
Since 2022, Elica's taxonomy-aligned capital expenditure (CAPEX) increased by 165%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), Elica's taxonomy-aligned CAPEX increased by 58.21%, highlighting Elica's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.
How much of Elica's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Elica reported that EUR 15.90 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 75.9% of the company's total CAPEX. Of this amount, EUR 2.23 million (10.6% of total CAPEX) was classified as Taxonomy-aligned. This means that 65.3% of Elica'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 Elica's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Elica reported that EUR 2.23 million of its CAPEX was aligned under the EU Taxonomy, representing 10.6% of its total capital investment.
This moderate level of alignment indicates that Elica is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Elica's Eligibility & Alignment Overview
Elica's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is Elica's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Elica reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 10.6%
- 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 Elica is investing in climate-related solutions?
In 2024, Elica allocated EUR 2.22 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 10.6% of the company's total capital expenditure, indicating that Elica is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
Insights into Elica's OPEX from Sustainable Activities
In 2024, Elica reported EU Taxonomy-eligible OPEX of EUR 10.91 million, representing 95% of its total operating expenses (OPEX). Of this amount, EUR 682,000 of Elica's OPEX was classified as EU Taxonomy-aligned, indicating that 5.9% 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).
Elica's Taxonomy-Eligible Opex Over Time
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have Elica's increased its spending in sustainable activities over time?
Since 2022, Elica's taxonomy-aligned operating expenditure (OPEX) increased by 18%, 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), Elica's taxonomy-aligned OPEX decreased by 22.37%, suggesting that Elica may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.
How much of Elica's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Elica reported that EUR 10.91 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 95% of the company's total OPEX. Of this amount, EUR 682,000 (5.9% of total OPEX) was classified as Taxonomy-aligned. This means that 89.1% of Elica'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 Elica's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Elica reported that EUR 682,000 of its OPEX was aligned under the EU Taxonomy, representing 5.9% of its total operational expenditure.
This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.
Elica's Eligibility & Alignment Overview
Elica's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
How is Elica's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Elica reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 5.9%
- 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 Elica's operational budget supports climate-related solutions?
In 2024, Elica allocated EUR 677,615 of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 5.9% of the company's total OPEX, indicating that Elica has only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.