Exel Composites Oyj

Common Name

Exel Composites

Country

Finland

Sector

Basic Materials

Industry

Specialty Chemicals

Employees

628

Ticker

EXL1V

Exchange

NASDAQ HELSINKI LTD

Website

exelcomposites.com

Description

Exel Composites Oyj is a prominent company focused on the design, manufacturing, and marketing of composite materials, particularly for industrial applications. Known for their versatility, strength, ... Show more

GHG Emissions Climate Targets EU Taxonomy Energy Waste Management

Exel Composites's EU Taxonomy Data Preview

In 2024, Exel Composites 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.

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

turnoveropexcapex

Metric (tonnes)	2025	2024	2023	2022 - 2017
Total Taxonomy Aligned A1 Turnover Portion of total company turnover generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Total Taxonomy Eligible A Turnover Total turnover of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Total Taxonomy Non-Eligible B Turnover Total turnover of the company associated with activities that are not listed as eligible under the EU Taxonomy.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Activity Level Taxonomy Aligned A1 Turnover (6 activities)
3.1 CCM/CCA - Manufacture of renewable energy technologies 3.1 CCM/CCA - Manufacture of renewable energy technologies	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
3.18 CCM - Manufacture of automotive and mobility components 3.18 CCM - Manufacture of automotive and mobility components	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
3.19 CCM - Manufacture of rail rolling stock constituents 3.19 CCM - Manufacture of rail rolling stock constituents	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
3.21 CCM - Manufacturing of aircraft 3.21 CCM - Manufacturing of aircraft	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
3.3 CCM/CCA - Manufacture of low carbon technologies for transport 3.3 CCM/CCA - Manufacture of low carbon technologies for transport	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings 3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000

Metric (tonnes)	2025	2024	2023	2022 - 2017
Total Taxonomy Aligned A1 Opex Portion of total company OPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Total Taxonomy Eligible A Opex Total OPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Total Taxonomy Non-Eligible B Opex Total OPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Activity Level Taxonomy Aligned A1 Opex (1 activity)
5.5 CCM/CCA - Collection and transport of non-hazardous waste in source segregated fractions 5.5 CCM/CCA - Collection and transport of non-hazardous waste in source segregated fractions	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000

Metric (tonnes)	2025	2024	2023	2022 - 2017
Total Taxonomy Aligned A1 Capex Portion of total company CAPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Total Taxonomy Eligible A Capex Total CAPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Total Taxonomy Non-Eligible B Capex Total CAPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Activity Level Taxonomy Aligned A1 Capex (7 activities)
3.1 CCM/CCA - Manufacture of renewable energy technologies 3.1 CCM/CCA - Manufacture of renewable energy technologies	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
3.18 CCM - Manufacture of automotive and mobility components 3.18 CCM - Manufacture of automotive and mobility components	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
3.19 CCM - Manufacture of rail rolling stock constituents 3.19 CCM - Manufacture of rail rolling stock constituents	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings 3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
4.1 CCM/CCA - Electricity generation using solar photovoltaic technology 4.1 CCM/CCA - Electricity generation using solar photovoltaic technology	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment 7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
7.4 CCM/CCA - Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings) 7.4 CCM/CCA - Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings)	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000

Verified Sources Behind Exel Composites’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 Exel Composites’s data sources below and access millions more through our Disclosure Search.

a. Exel Composites's Annual Report 2024

b. Exel Composites's Annual Report 2023

c. Exel Composites's Financial Report 2022

Insights into Exel Composites's Revenues from Sustainable Activities

In 2024, Exel Composites reported EU Taxonomy-eligible revenues of EUR 31.20 million, representing 31.3% of its total turnover. Of this amount, EUR 22.04 million of Exel Composites's revenues was classified as EU Taxonomy-aligned, indicating that 22.1% 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

Exel Composites's Taxonomy-Eligible Turnover Over Time

Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Exel Composites's revenues become more sustainable over time?

Since 2022, Exel Composites's taxonomy-aligned revenues increased by 5.24%,reflecting a sustained upward trend in environmentally sustainable revenue generation.^{a, c}

Compared to the previous year (2023), Exel Composites's taxonomy-aligned revenues decreased by 7.53%, suggesting that Exel Composites may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.^{a, b}

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

In 2024, Exel Composites reported that EUR 31.20 million of its revenue was eligible under the EU Taxonomy, representing 31.3% of the company's total turnover. Of this amount, EUR 22.04 million (22.1% of total revenue) was classified as Taxonomy-aligned. This means that 9.2% of Exel Composites'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 Exel Composites's eligible revenue is aligned with the EU Taxonomy?

In 2024, Exel Composites reported that EUR 22.04 million of its revenue was aligned under the EU Taxonomy, representing 22.1% of its total turnover.^a

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

Exel Composites's Eligibility & Alignment Overview

Exel Composites's Contribution to Environmental Objectives

Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover

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

In 2024, Exel Composites reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives^a:

Climate Change Mitigation: 22.1%
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 revenue does Exel Composites earn from selling climate-related solutions ?

In 2024, Exel Composites reported that EUR 22.01 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 22.1% of the company's total revenue,indicating that Exel Compositeshas a moderate focuson solutions that support climate action through its commercial activities.^a

Insights into Exel Composites's CAPEX from Sustainable Activities

In 2024, Exel Composites reported EU Taxonomy-eligible CAPEX of EUR 1.23 million,representing 15.5% of its total CAPEX. Of this amount, EUR 1.17 million of Exel Composites's CAPEX was classified as EU Taxonomy-aligned, indicating that 14.7% 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

Exel Composites's Taxonomy-Eligible Capex Over Time

Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex

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

Since 2022, Exel Composites's taxonomy-aligned capital expenditure (CAPEX)increased by 444.44%,pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.^{a, c}

Compared to the previous year (2023), Exel Composites's taxonomy-aligned CAPEX increased by 21.49%,highlighting Exel Composites'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 Exel Composites's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Exel Composites reported that EUR 1.23 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 15.5% of the company's total CAPEX. Of this amount, EUR 1.17 million (14.7% of total CAPEX) was classified as Taxonomy-aligned. This means that 0.8% of Exel Composites'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 Exel Composites's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Exel Composites reported that EUR 1.17 million of its CAPEX was aligned under the EU Taxonomy, representing 14.7% of its total capital investment.^a

This moderate level of alignment indicates that Exel Composites is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Exel Composites's Eligibility & Alignment Overview

Exel Composites's Contribution to Environmental Objectives

Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex

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

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

Climate Change Mitigation: 14.7%
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 Exel Composites is investing in climate-related solutions?

In 2024, Exel Composites allocated EUR 1.17 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 14.7% of the company's total capital expenditure,indicating that Exel Compositesis moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.^a

Insights into Exel Composites's OPEX from Sustainable Activities

In 2024, Exel Composites reported EU Taxonomy-eligible OPEX of EUR 426,100,representing 14% of its total operating expenses (OPEX). Of this amount, EUR 426,100 of Exel Composites's OPEX was classified as EU Taxonomy-aligned, indicating that 14% 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

Exel Composites's Taxonomy-Eligible Opex Over Time

Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex

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

Since 2022, Exel Composites's taxonomy-aligned operating expenditure (OPEX)increased by 233.33%,pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.^{a, c}

Compared to the previous year (2023), Exel Composites's taxonomy-aligned OPEX increased by 311.76%,highlighting Exel Composites's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.^{a, b}

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

In 2024, Exel Composites reported that EUR 426,100 of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 14% of the company's total OPEX. Of this amount, EUR 426,100 (14% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of Exel Composites'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 Exel Composites's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Exel Composites reported that EUR 426,100 of its OPEX was aligned under the EU Taxonomy, representing 14% of its total operational expenditure.^a

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

Exel Composites's Eligibility & Alignment Overview

Exel Composites's Contribution to Environmental Objectives

Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex

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

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

Climate Change Mitigation: 14%
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 Exel Composites's operational budget supports climate-related solutions?

In 2024, Exel Composites allocated EUR 426,384 of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 14% of the company's total OPEX,indicating that Exel Compositesis moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.^a

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Exel Composites Oyj

Exel Composites's EU Taxonomy Data Preview

Verified Sources Behind Exel Composites’s EU Taxonomy Data

Insights into Exel Composites's Revenues from Sustainable Activities

Exel Composites's Taxonomy-Eligible Turnover Over Time

Have Exel Composites's revenues become more sustainable over time?

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

How much of Exel Composites's eligible revenue is aligned with the EU Taxonomy?

Exel Composites's Eligibility & Alignment Overview

Exel Composites's Contribution to Environmental Objectives

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

How much revenue does Exel Composites earn from selling climate-related solutions ?

Insights into Exel Composites's CAPEX from Sustainable Activities

Exel Composites's Taxonomy-Eligible Capex Over Time

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

How much of Exel Composites's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

How much of Exel Composites's eligible CAPEX is aligned with the EU Taxonomy?

Exel Composites's Eligibility & Alignment Overview

Exel Composites's Contribution to Environmental Objectives

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

How much Exel Composites is investing in climate-related solutions?

Insights into Exel Composites's OPEX from Sustainable Activities

Exel Composites's Taxonomy-Eligible Opex Over Time

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

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

How much of Exel Composites's eligible OPEX is aligned with the EU Taxonomy?

Exel Composites's Eligibility & Alignment Overview

Exel Composites's Contribution to Environmental Objectives

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

How much of Exel Composites's operational budget supports climate-related solutions?

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