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) | 2024 | 2023 | 2022 | 2021 - 2017 |
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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) | 2024 | 2023 | 2022 | 2021 - 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) | 2024 | 2023 | 2022 | 2021 - 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.
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).
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.
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.
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.
In 2024, GEK Terna reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
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.
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).
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.
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).
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.
In 2024, GEK Terna reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
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.
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).
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.
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).
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.
In 2024, GEK Terna reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
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.