GEK Terna SA

Common Name
GEK Terna
Country
Greece
Sector
Industrials
Industry
Engineering & Construction
Employees
5,359
Ticker
GEKTERNA
Exchange
ATHENS EXCHANGE S.A. CASH MARKET
Description
Gek Terna S.A. is a prominent Greek conglomerate specializing in construction and energy markets. The company is primarily focused on infrastructure projects and renewable energy solutions, playing a ...

GEK Terna EU Taxonomy Data Preview

In 2024, GEK Terna 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.

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

In 2024, GEK Terna reported EU Taxonomy-eligible revenues of EUR 1.48 billion, representing 41.4% of its total turnover. Of this amount, EUR 579.82 million of GEK Terna's revenues was classified as EU Taxonomy-aligned, indicating that 16.2% 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).

GEK Terna's Taxonomy-Eligible Turnover Over Time

2022202320240%15%30%45%60%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have GEK Terna's revenues become more sustainable over time?

Since 2022, GEK Terna's taxonomy-aligned revenues increased by 70.53%, reflecting a sustained upward trend in environmentally sustainable revenue generation.

Compared to the previous year (2023), GEK Terna's taxonomy-aligned revenues remained relatively stable, indicating that GEK Terna maintained operational continuity , with no significant changes in the scale of sustainable activities or the coverage of its taxonomy-aligned reporting.

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

In 2024, GEK Terna reported that EUR 1.48 billion of its revenue was eligible under the EU Taxonomy, representing 41.4% of the company's total turnover. Of this amount, EUR 579.82 million (16.2% of total revenue) was classified as Taxonomy-aligned. This means that 25.1% of GEK Terna'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 GEK Terna's eligible revenue is aligned with the EU Taxonomy?

In 2024, GEK Terna reported that EUR 579.82 million of its revenue was aligned under the EU Taxonomy, representing 16.2% of its total turnover.

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

GEK Terna's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(58.6%)Total TaxonomyAligned A1 Turnover(16.2%)Total TaxonomyEligible but NotAligned A2 Turnover(25.1%)

GEK Terna's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%5%10%15%20%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

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

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

  • Climate Change Mitigation: 16.2%
  • 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 revenue does GEK Terna earn from selling climate-related solutions ?

In 2024, GEK Terna reported that EUR 578.22 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 16.2% of the company's total revenue, indicating that GEK Terna has a moderate focus on solutions that support climate action through its commercial activities.

Insights into GEK Terna's CAPEX from Sustainable Activities

In 2024, GEK Terna reported EU Taxonomy-eligible CAPEX of EUR 3.30 billion, representing 95.9% of its total CAPEX. Of this amount, EUR 20.70 million of GEK Terna's CAPEX was classified as EU Taxonomy-aligned, indicating that 0.6% 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).

GEK Terna's Taxonomy-Eligible Capex Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

Since 2022, GEK Terna's taxonomy-aligned capital expenditure (CAPEX) decreased by 99.02%, indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.

Compared to the previous year (2023), GEK Terna's taxonomy-aligned CAPEX decreased by 99.1%, suggesting that GEK Terna may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.

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

In 2024, GEK Terna reported that EUR 3.30 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 95.9% of the company's total CAPEX. Of this amount, EUR 20.70 million (0.6% of total CAPEX) was classified as Taxonomy-aligned. This means that 95.3% of GEK Terna'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 GEK Terna's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, GEK Terna reported that EUR 20.70 million of its CAPEX was aligned under the EU Taxonomy, representing 0.6% of its total capital investment.

This low alignment reflects that GEK Terna is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

GEK Terna's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(4.1%)Total TaxonomyAligned A1 Capex(0.6%)Total TaxonomyEligible but NotAligned A2 Capex(95.3%)

GEK Terna'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 GEK Terna's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

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

  • Climate Change Mitigation: 0.6%
  • 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 GEK Terna is investing in climate-related solutions?

In 2024, GEK Terna allocated EUR 20.62 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.6% of the company's total capital expenditure, indicating that GEK Terna has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.

Insights into GEK Terna's OPEX from Sustainable Activities

In 2024, GEK Terna reported EU Taxonomy-eligible OPEX of EUR 51.65 million, representing 72.7% of its total operating expenses (OPEX). Of this amount, EUR 29.81 million of GEK Terna's OPEX was classified as EU Taxonomy-aligned, indicating that 42% 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).

GEK Terna's Taxonomy-Eligible Opex Over Time

2022202320240%20%40%60%80%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

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

Since 2022, GEK Terna's taxonomy-aligned operating expenditure (OPEX) decreased by 40.85%, indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.

Compared to the previous year (2023), GEK Terna's taxonomy-aligned OPEX increased by 2.44%, highlighting GEK Terna's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.

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

In 2024, GEK Terna reported that EUR 51.65 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 72.7% of the company's total OPEX. Of this amount, EUR 29.81 million (42% of total OPEX) was classified as Taxonomy-aligned. This means that 30.7% of GEK Terna'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 GEK Terna's eligible OPEX is aligned with the EU Taxonomy?

In 2024, GEK Terna reported that EUR 29.81 million of its OPEX was aligned under the EU Taxonomy, representing 42% of its total operational expenditure.

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

GEK Terna's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(27.3%)Total TaxonomyAligned A1 Opex(42.0%)Total TaxonomyEligible but NotAligned A2 Opex(30.7%)

GEK Terna'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 GEK Terna's taxonomy-aligned OPEX distributed across the EU environmental objectives?

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

  • Climate Change Mitigation: 42%
  • 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 GEK Terna's operational budget supports climate-related solutions?

In 2024, GEK Terna allocated EUR 29.85 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 42% of the company's total OPEX, indicating that GEK Terna is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.

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