EnBW Energie Baden Wuerttemberg AG

Common Name
EnBW
Country
Germany
Sector
Utilities
Industry
Utilities - Diversified
Employees
28,836
Ticker
EBK
Exchange
XETRA
Description
EnBW Energie Baden-Württemberg AG is a leading energy company based in Germany. It plays a crucial role in generating, distributing, and supplying electricity, gas, and energy-related services, primar...

EnBW EU Taxonomy Data Preview

In 2024, EnBW 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.

EnBW has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of EnBW are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
0000000
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0000000
Total Taxonomy Eligible A Turnover
0000000
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0000000
Total Taxonomy Non-Eligible B Turnover
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
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0000000
Total Taxonomy Eligible A Opex
0000000
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0000000
Total Taxonomy Non-Eligible B Opex
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
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0000000
Total Taxonomy Eligible A Capex
0000000
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Total Taxonomy Non-Eligible B Capex
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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 EnBW's Revenues from Sustainable Activities

In 2024, EnBW reported EU Taxonomy-eligible revenues of EUR 8.39 billion, representing 24.3% of its total turnover. Of this amount, EUR 7.53 billion of EnBW's revenues was classified as EU Taxonomy-aligned, indicating that 21.8% 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).

EnBW's Taxonomy-Eligible Turnover Over Time

20212022202320240%6.5%13%19.5%26%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have EnBW's revenues become more sustainable over time?

Compared to the previous year (2023), EnBW's taxonomy-aligned revenues increased by 33.74%, highlighting EnBW's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.

How much of EnBW's revenue is eligible under the EU Taxonomy?

In 2024, EnBW reported that EUR 8.39 billion of its revenue was eligible under the EU Taxonomy, representing 24.3% of the company's total turnover. Of this amount, EUR 7.53 billion (21.8% of total revenue) was classified as Taxonomy-aligned. This means that 2.5% of EnBW'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 EnBW's eligible revenue is aligned with the EU Taxonomy?

In 2024, EnBW reported that EUR 7.53 billion of its revenue was aligned under the EU Taxonomy, representing 21.8% of its total turnover.

This moderate level of alignment indicates that EnBW has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.

EnBW's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(75.7%)Total TaxonomyAligned A1 Turnover(21.8%)Total TaxonomyEligible but NotAligned A2 Turnover(2.5%)

EnBW's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%5.5%11%16.5%22%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is EnBW's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, EnBW reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 21.8%
  • 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 revenue does EnBW earn from selling climate-related solutions ?

In 2024, EnBW reported that EUR 7.53 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 21.8% of the company's total revenue, indicating that EnBW has a moderate focus on solutions that support climate action through its commercial activities.

Insights into EnBW's CAPEX from Sustainable Activities

In 2024, EnBW reported EU Taxonomy-eligible CAPEX of EUR 5.58 billion, representing 88.3% of its total CAPEX. Of this amount, EUR 5.57 billion of EnBW's CAPEX was classified as EU Taxonomy-aligned, indicating that 88.2% 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).

EnBW's Taxonomy-Eligible Capex Over Time

20212022202320240%25%50%75%100%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

Have EnBW's increased its investment in sustainable activities over time?

Compared to the previous year (2023), EnBW's taxonomy-aligned CAPEX increased by 2.44%, highlighting EnBW'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 EnBW's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, EnBW reported that EUR 5.58 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 88.3% of the company's total CAPEX. Of this amount, EUR 5.57 billion (88.2% of total CAPEX) was classified as Taxonomy-aligned. This means that 0.1% of EnBW'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 EnBW's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, EnBW reported that EUR 5.57 billion of its CAPEX was aligned under the EU Taxonomy, representing 88.2% of its total capital investment.

This strong alignment suggests that EnBW is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.

EnBW's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(11.7%)Total TaxonomyAligned A1 Capex(88.2%)Total TaxonomyEligible but NotAligned A2 Capex(0.1%)

EnBW's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%25%50%75%100%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is EnBW's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, EnBW reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 88.2%
  • 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 EnBW is investing in climate-related solutions?

In 2024, EnBW allocated EUR 5.57 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 88.2% of the company's total capital expenditure, indicating that EnBW is prioritizing climate-focused investments as a central part of its overall capital strategy.

Insights into EnBW's OPEX from Sustainable Activities

In 2024, EnBW reported EU Taxonomy-eligible OPEX of EUR 363.80 million, representing 35.4% of its total operating expenses (OPEX). Of this amount, EUR 360.80 million of EnBW's OPEX was classified as EU Taxonomy-aligned, indicating that 35.1% 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).

EnBW's Taxonomy-Eligible Opex Over Time

20212022202320240%9%18%27%36%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

Have EnBW's increased its spending in sustainable activities over time?

Compared to the previous year (2023), EnBW's taxonomy-aligned OPEX increased by 51.29%, highlighting EnBW's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.

How much of EnBW's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2024, EnBW reported that EUR 363.80 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 35.4% of the company's total OPEX. Of this amount, EUR 360.80 million (35.1% of total OPEX) was classified as Taxonomy-aligned. This means that 0.3% of EnBW'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 EnBW's eligible OPEX is aligned with the EU Taxonomy?

In 2024, EnBW reported that EUR 360.80 million of its OPEX was aligned under the EU Taxonomy, representing 35.1% of its total operational expenditure.

This moderate level of alignment indicates that EnBW is beginning to shift operational priorities toward greener practices, with room for deeper integration.

EnBW's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(64.6%)Total TaxonomyAligned A1 Opex(35.1%)Total TaxonomyEligible but NotAligned A2 Opex(0.3%)

EnBW's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%9%18%27%36%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

How is EnBW's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2024, EnBW reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 35.1%
  • 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 EnBW's operational budget supports climate-related solutions?

In 2024, EnBW allocated EUR 360.34 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 35.1% of the company's total OPEX, indicating that EnBW is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.

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