Eltel AB (publ) is a leading Nordic infrastructure and service provider specializing in critical communication and power networks, known as infranets. The company designs, builds, maintains, and upgra... Eltel AB (publ) is a leading Nordic infrastructure and service provider specializing in critical communication and power networks, known as infranets. The company designs, builds, maintains, and upgrades power distribution and transmission infrastructure, delivering turnkey high-voltage projects, smart grid solutions, electric vehicle charging stations, wind farms, solar parks, battery energy storage systems, and data centers. It also handles mobile and fixed communication networks, including 5G deployment, fixed wireless access, public and private indoor systems, and fiber-to-the-home rollouts. Operating primarily in Finland, Sweden, Norway, Denmark, Lithuania, Germany, Poland, and internationally, Eltel AB (publ) serves telecom operators, network owners, industrial clients, public sector entities, utility companies, and national transmission system operators. Founded in 2001 and headquartered in Bromma, Sweden, with approximately 4,160 employees, the company plays a vital role in supporting digitalization, electrification, and sustainability trends in the communication services and industrials sectors.
In 2025, Eltel 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.
Eltel has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Eltel 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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2024
2023
2022 - 2017
Total Taxonomy Aligned Turnover
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Total Taxonomy Eligible Turnover
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3.20 CCM - Manufacture, installation, and servicing of high, medium and low voltage electrical equipment for electrical transmission and distribution that result in or enable a substantial contribution to climate change mitigation
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b
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4.3 CCM/CCA - Electricity generation from wind power
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c
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4.9 CCM/CCA - Transmission and distribution of electricity
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c
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6.14 CCM/CCA - Infrastructure for rail transport
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c
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7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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7.4 CCM/CCA - Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings)
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b
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7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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Metric
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned Opex
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Total Taxonomy Eligible Opex
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3.20 CCM - Manufacture, installation, and servicing of high, medium and low voltage electrical equipment for electrical transmission and distribution that result in or enable a substantial contribution to climate change mitigation
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b
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4.3 CCM/CCA - Electricity generation from wind power
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c
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4.9 CCM/CCA - Transmission and distribution of electricity
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6.14 CCM/CCA - Infrastructure for rail transport
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c
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7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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7.4 CCM/CCA - Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings)
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c
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7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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Metric
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned Capex
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Total Taxonomy Eligible Capex
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3.20 CCM - Manufacture, installation, and servicing of high, medium and low voltage electrical equipment for electrical transmission and distribution that result in or enable a substantial contribution to climate change mitigation
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b
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4.3 CCM/CCA - Electricity generation from wind power
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c
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4.9 CCM/CCA - Transmission and distribution of electricity
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6.14 CCM/CCA - Infrastructure for rail transport
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6.5 CCM/CCA - Transport by motorbikes, passenger cars and light commercial vehicles
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7.4 CCM/CCA - Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings)
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c
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7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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Limited Data Preview
You are viewing a limited preview of Eltel’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, at both aggregate and activity level, with historical coverage back to 2022.
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a. Eltel's Annual Report 2025
b. Eltel's Annual Report 2024
c. Eltel's Annual Report 2023
d. Eltel's Annual Report 2022
Insights into Eltel's Revenues from Sustainable Activities
In 2025, Eltel reported EU Taxonomy-eligible revenues of EUR 294.41 million, representing 36% of its total turnover. Of this amount, EUR 266.40 million of Eltel's revenues was classified as EU Taxonomy-aligned, indicating that 32.6% 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
Eltel's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Eligible Turnover
Total Taxonomy Aligned Turnover
Have Eltel's revenues become more sustainable over time?
Since 2022, Eltel's taxonomy-aligned revenues increased by 9.76%,reflecting a sustained upward trend in environmentally sustainable revenue generation.a, d
Compared to the previous year (2024), Eltel's taxonomy-aligned revenues decreased by 4.96%, suggesting that Eltel may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.a, b
How much of Eltel's revenue is eligible under the EU Taxonomy?
In 2025, Eltel reported that EUR 294.41 million of its revenue was eligible under the EU Taxonomy, representing 36% of the company's total turnover. Of this amount, EUR 266.40 million (32.6% of total revenue) was classified as Taxonomy-aligned. This means that 3.4% of Eltel'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 Eltel's eligible revenue is aligned with the EU Taxonomy?
In 2025, Eltel reported that EUR 266.40 million of its revenue was aligned under the EU Taxonomy, representing 32.6% of its total turnover.a
This moderate level of alignment indicates that Eltel has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Eltel's Eligibility & Alignment Overview
Eltel's Contribution to Environmental Objectives
Total Taxonomy Aligned Turnover
How is Eltel's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2025, Eltel reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 32.6%
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 revenue does Eltel earn from selling climate-related solutions ?
In 2025, Eltel reported that EUR 266.60 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 32.6% of the company's total revenue,indicating that Eltelhas a moderate focuson solutions that support climate action through its commercial activities.a
Insights into Eltel's CAPEX from Sustainable Activities
In 2025, Eltel reported EU Taxonomy-eligible CAPEX of EUR 13.81 million,representing 39.9% of its total CAPEX. Of this amount, EUR 13.50 million of Eltel's CAPEX was classified as EU Taxonomy-aligned, indicating that 39% 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
Eltel's Taxonomy-Eligible Capex Over Time
Total Taxonomy Eligible Capex
Total Taxonomy Aligned Capex
Have Eltel's increased its investment in sustainable activities over time?
Since 2022, Eltel's taxonomy-aligned capital expenditure (CAPEX)increased by 26.62%,pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.a, d
Compared to the previous year (2024), Eltel's taxonomy-aligned CAPEX increased by 30.87%,highlighting Eltel's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.a, b
How much of Eltel's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2025, Eltel reported that EUR 13.81 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 39.9% of the company's total CAPEX. Of this amount, EUR 13.50 million (39% of total CAPEX) was classified as Taxonomy-aligned. This means that 0.9% of Eltel'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 Eltel's eligible CAPEX is aligned with the EU Taxonomy?
In 2025, Eltel reported that EUR 13.50 million of its CAPEX was aligned under the EU Taxonomy, representing 39% of its total capital investment.a
This moderate level of alignment indicates that Eltel is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Eltel's Eligibility & Alignment Overview
Eltel's Contribution to Environmental Objectives
Total Taxonomy Aligned Capex
How is Eltel's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2025, Eltel reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 39%
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 Eltel is investing in climate-related solutions?
In 2025, Eltel allocated EUR 13.49 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 39% of the company's total capital expenditure,indicating that Eltelis moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.a
Insights into Eltel's OPEX from Sustainable Activities
In 2025, Eltel reported EU Taxonomy-eligible OPEX of EUR 0,representing 0% of its total operating expenses (OPEX). Of this amount, EUR 0 of Eltel's OPEX was classified as EU Taxonomy-aligned, indicating that 0% 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
Eltel's Taxonomy-Eligible Opex Over Time
Total Taxonomy Eligible Opex
Total Taxonomy Aligned Opex
Have Eltel's increased its spending in sustainable activities over time?
Since 2022, Eltel's taxonomy-aligned operating expenditure (OPEX)decreased by 100%,indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.a, d
Compared to the previous year (2024), Eltel's taxonomy-aligned OPEX decreased by 100%, suggesting that Eltel may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.a, b