FNM SpA

Common Name
FNM
Country
Italy
Sector
Industrials
Industry
Railroads
Employees
2,784
Ticker
FNM
Exchange
EURONEXT MILAN
Description
Fannie Mae, formally known as the Federal National Mortgage Association, is a government-sponsored enterprise (GSE) in the United States. It was established in 1938 to expand the secondary mortgage ma...

FNM EU Taxonomy Data Preview

In 2024, FNM 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.

FNM has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of FNM 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
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)2024202320222021 - 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)2024202320222021 - 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 FNM's Revenues from Sustainable Activities

In 2024, FNM reported EU Taxonomy-eligible revenues of EUR 551.65 million, representing 62.3% of its total turnover. Of this amount, EUR 69.76 million of FNM's revenues was classified as EU Taxonomy-aligned, indicating that 7.9% 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).

FNM's Taxonomy-Eligible Turnover Over Time

202320240%20%40%60%80%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have FNM's revenues become more sustainable over time?

Compared to the previous year (2023), FNM's taxonomy-aligned revenues increased by 27.42%, highlighting FNM'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 FNM's revenue is eligible under the EU Taxonomy?

In 2024, FNM reported that EUR 551.65 million of its revenue was eligible under the EU Taxonomy, representing 62.3% of the company's total turnover. Of this amount, EUR 69.76 million (7.9% of total revenue) was classified as Taxonomy-aligned. This means that 54.4% of FNM'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 FNM's eligible revenue is aligned with the EU Taxonomy?

In 2024, FNM reported that EUR 69.76 million of its revenue was aligned under the EU Taxonomy, representing 7.9% 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.

FNM's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(37.7%)Total TaxonomyAligned A1 Turnover(7.9%)Total TaxonomyEligible but NotAligned A2 Turnover(54.4%)

FNM's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

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

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

  • Climate Change Mitigation: 7.9%
  • 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 FNM earn from selling climate-related solutions ?

In 2024, FNM reported that EUR 69.94 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 7.9% of the company's total revenue, indicating that FNM has limited exposure on solutions that support climate action through its commercial activities.

Insights into FNM's CAPEX from Sustainable Activities

In 2024, FNM reported EU Taxonomy-eligible CAPEX of EUR 123.36 million, representing 63.7% of its total CAPEX. Of this amount, EUR 93.37 million of FNM's CAPEX was classified as EU Taxonomy-aligned, indicating that 48.2% 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).

FNM's Taxonomy-Eligible Capex Over Time

202320240%20%40%60%80%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

Compared to the previous year (2023), FNM's taxonomy-aligned CAPEX increased by 173.86%, highlighting FNM'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 FNM's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, FNM reported that EUR 123.36 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 63.7% of the company's total CAPEX. Of this amount, EUR 93.37 million (48.2% of total CAPEX) was classified as Taxonomy-aligned. This means that 15.5% of FNM'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 FNM's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, FNM reported that EUR 93.37 million of its CAPEX was aligned under the EU Taxonomy, representing 48.2% of its total capital investment.

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

FNM's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(36.3%)Total TaxonomyAligned A1 Capex(48.2%)Total TaxonomyEligible but NotAligned A2 Capex(15.5%)

FNM's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

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

  • Climate Change Mitigation: 48.2%
  • 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 FNM is investing in climate-related solutions?

In 2024, FNM allocated EUR 93.29 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 48.2% of the company's total capital expenditure, indicating that FNM is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.

Insights into FNM's OPEX from Sustainable Activities

In 2024, FNM reported EU Taxonomy-eligible OPEX of EUR 50.04 million, representing 55% of its total operating expenses (OPEX). Of this amount, EUR 1.75 million of FNM's OPEX was classified as EU Taxonomy-aligned, indicating that 1.9% 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).

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

In 2024, FNM reported that EUR 50.04 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 55% of the company's total OPEX. Of this amount, EUR 1.75 million (1.9% of total OPEX) was classified as Taxonomy-aligned. This means that 53.1% of FNM'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 FNM's eligible OPEX is aligned with the EU Taxonomy?

In 2024, FNM reported that EUR 1.75 million of its OPEX was aligned under the EU Taxonomy, representing 1.9% 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.

FNM's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(45.0%)Total TaxonomyAligned A1 Opex(1.9%)Total TaxonomyEligible but NotAligned A2 Opex(53.1%)

FNM's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

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

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

  • 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 of FNM's operational budget supports climate-related solutions?

In 2024, FNM allocated EUR 1.73 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 1.9% of the company's total OPEX, indicating that FNM 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.