Ependion AB is a Sweden-based global technology company specializing in integrated hardware and software solutions for industrial applications. Headquartered in Malmö, it provides digital solutions fo... Ependion AB is a Sweden-based global technology company specializing in integrated hardware and software solutions for industrial applications. Headquartered in Malmö, it provides digital solutions focused on secure control, management, and visualization, primarily through its key business units Westermo and Beijer Electronics, including the Korenix brand. Westermo specializes in robust communication technologies for mission-critical networks, while Beijer Electronics offers web technology-based visualization software for human-machine interfaces. With approximately 851 employees, Ependion AB serves diverse sectors such as manufacturing, transportation, energy, and utilities, enabling reliable data connectivity and operational efficiency in harsh environments. Its sales are geographically distributed, with significant revenue from Rest of Europe, Asia, Nordic Countries, and North America, reflecting a strong international presence. Formerly known as Beijer Electronics Group AB, Ependion AB plays a vital role in the industrial automation and IoT ecosystems, delivering products that bridge hardware reliability with advanced software for edge computing and remote monitoring.
In 2025, Ependion 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.
Ependion has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Ependion 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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3.19 CCM - Manufacture of rail rolling stock constituents
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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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6.14 CCM/CCA - Infrastructure for rail transport
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6.15 CCM - Infrastructure enabling low-carbon road transport and public transport
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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0000000
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2025
2024
2023
2022 - 2017
Total Taxonomy Aligned Opex
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Total Taxonomy Eligible Opex
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6.15 CCM - Infrastructure enabling low-carbon road transport and public transport
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a
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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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6.15 CCM - Infrastructure enabling low-carbon road transport and public transport
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Limited Data Preview
You are viewing a limited preview of Ependion’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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Verified Sources Behind Ependion’s EU Taxonomy Data
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a. Ependion's Annual Report 2025
b. Ependion's Annual Report 2024
c. Ependion's Sustainability Report 2023
d. Ependion's Sustainability Report 2022
Insights into Ependion's Revenues from Sustainable Activities
In 2025, Ependion reported EU Taxonomy-eligible revenues of SEK 1.10 billion, representing 49.4% of its total turnover. Of this amount, SEK 42.48 million of Ependion's revenues was classified as EU Taxonomy-aligned, indicating that 1.9% 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
Ependion's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Eligible Turnover
Total Taxonomy Aligned Turnover
Have Ependion's revenues become more sustainable over time?
Since 2022, Ependion's taxonomy-aligned revenues decreased by 90.05%, indicating a long-term decline in environmentally sustainable revenue performance.a, d
Compared to the previous year (2024), Ependion's taxonomy-aligned revenues decreased by 94.74%, suggesting that Ependion may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.a, b
How much of Ependion's revenue is eligible under the EU Taxonomy?
In 2025, Ependion reported that SEK 1.10 billion of its revenue was eligible under the EU Taxonomy, representing 49.4% of the company's total turnover. Of this amount, SEK 42.48 million (1.9% of total revenue) was classified as Taxonomy-aligned. This means that 47.5% of Ependion'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 Ependion's eligible revenue is aligned with the EU Taxonomy?
In 2025, Ependion reported that SEK 42.48 million of its revenue was aligned under the EU Taxonomy, representing 1.9% of its total turnover.a
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.
Ependion's Eligibility & Alignment Overview
Ependion's Contribution to Environmental Objectives
Total Taxonomy Aligned Turnover
How is Ependion's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2025, Ependion reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 1.9%
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 revenue does Ependion earn from selling climate-related solutions ?
In 2025, Ependion reported that SEK 42.40 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 1.9% of the company's total revenue,indicating that Ependionhas limited exposureon solutions that support climate action through its commercial activities.a
Insights into Ependion's CAPEX from Sustainable Activities
In 2025, Ependion reported EU Taxonomy-eligible CAPEX of SEK 85.41 million,representing 43.4% of its total CAPEX. Of this amount, SEK 4.41 million of Ependion's CAPEX was classified as EU Taxonomy-aligned, indicating that 2.2% 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).a
Ependion's Taxonomy-Eligible Capex Over Time
Total Taxonomy Eligible Capex
Total Taxonomy Aligned Capex
Have Ependion's increased its investment in sustainable activities over time?
Since 2022, Ependion's taxonomy-aligned capital expenditure (CAPEX)decreased by 89.52%,indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.a, d
Compared to the previous year (2024), Ependion's taxonomy-aligned CAPEX decreased by 92.39%,suggesting that Ependion may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.a, b
How much of Ependion's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2025, Ependion reported that SEK 85.41 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 43.4% of the company's total CAPEX. Of this amount, SEK 4.41 million (2.2% of total CAPEX) was classified as Taxonomy-aligned. This means that 41.2% of Ependion'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 Ependion's eligible CAPEX is aligned with the EU Taxonomy?
In 2025, Ependion reported that SEK 4.41 million of its CAPEX was aligned under the EU Taxonomy, representing 2.2% of its total capital investment.a
This low alignment reflects that Ependion is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Ependion's Eligibility & Alignment Overview
Ependion's Contribution to Environmental Objectives
Total Taxonomy Aligned Capex
How is Ependion's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2025, Ependion reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 2.2%
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 Ependion is investing in climate-related solutions?
In 2025, Ependion allocated SEK 4.33 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 2.2% of the company's total capital expenditure,indicating that Ependionhas only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.a
Insights into Ependion's OPEX from Sustainable Activities
In 2025, Ependion reported EU Taxonomy-eligible OPEX of SEK 112.39 million,representing 63.6% of its total operating expenses (OPEX). Of this amount, SEK 1.64 million of Ependion's OPEX was classified as EU Taxonomy-aligned, indicating that 0.9% 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).a
Ependion's Taxonomy-Eligible Opex Over Time
Total Taxonomy Eligible Opex
Total Taxonomy Aligned Opex
Have Ependion's increased its spending in sustainable activities over time?
Since 2022, Ependion's taxonomy-aligned operating expenditure (OPEX)decreased by 96.79%,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), Ependion's taxonomy-aligned OPEX decreased by 98.13%, suggesting that Ependion may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.a, b
How much of Ependion's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2025, Ependion reported that SEK 112.39 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 63.6% of the company's total OPEX. Of this amount, SEK 1.64 million (0.9% of total OPEX) was classified as Taxonomy-aligned. This means that 62.7% of Ependion'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 Ependion's eligible OPEX is aligned with the EU Taxonomy?
In 2025, Ependion reported that SEK 1.64 million of its OPEX was aligned under the EU Taxonomy, representing 0.9% of its total operational expenditure.a
This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.
Ependion's Eligibility & Alignment Overview
Ependion's Contribution to Environmental Objectives
Total Taxonomy Aligned Opex
How is Ependion's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2025, Ependion reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0.9%
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 Ependion's operational budget supports climate-related solutions?
In 2025, Ependion allocated SEK 1.59 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.9% of the company's total OPEX,indicating that Ependionhas only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.a
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