In 2024, Grand City Properties 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.
Grand City Properties has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Grand City Properties 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, Grand City Properties reported EU Taxonomy-eligible revenues of EUR 597.02 million, representing 100% of its total turnover. Of this amount, EUR 197.14 million of Grand City Properties's revenues was classified as EU Taxonomy-aligned, indicating that 33% 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, Grand City Properties's taxonomy-aligned revenues increased by 35.25%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), Grand City Properties's taxonomy-aligned revenues increased by 20.88%, highlighting Grand City Properties's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.
In 2024, Grand City Properties reported that EUR 597.02 million of its revenue was eligible under the EU Taxonomy, representing 100% of the company's total turnover. Of this amount, EUR 197.14 million (33% of total revenue) was classified as Taxonomy-aligned. This means that 67% of Grand City Properties'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, Grand City Properties reported that EUR 197.14 million of its revenue was aligned under the EU Taxonomy, representing 33% of its total turnover.
This moderate level of alignment indicates that Grand City Properties has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
In 2024, Grand City Properties reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, Grand City Properties reported that EUR 197.02 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 33% of the company's total revenue, indicating that Grand City Properties has a moderate focus on solutions that support climate action through its commercial activities.
In 2024, Grand City Properties reported EU Taxonomy-eligible CAPEX of EUR 155.99 million, representing 96.96% of its total CAPEX. Of this amount, EUR 5.82 million of Grand City Properties's CAPEX was classified as EU Taxonomy-aligned, indicating that 3.62% 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, Grand City Properties's taxonomy-aligned capital expenditure (CAPEX) increased by 3.72%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), Grand City Properties's taxonomy-aligned CAPEX decreased by 6.22%, suggesting that Grand City Properties may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
In 2024, Grand City Properties reported that EUR 155.99 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 96.96% of the company's total CAPEX. Of this amount, EUR 5.82 million (3.62% of total CAPEX) was classified as Taxonomy-aligned. This means that 93.34% of Grand City Properties'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, Grand City Properties reported that EUR 5.82 million of its CAPEX was aligned under the EU Taxonomy, representing 3.62% of its total capital investment.
This low alignment reflects that Grand City Properties is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, Grand City Properties reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, Grand City Properties allocated EUR 5.82 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 3.62% of the company's total capital expenditure, indicating that Grand City Properties has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.
In 2024, Grand City Properties reported EU Taxonomy-eligible OPEX of EUR 231.12 million, representing 100% of its total operating expenses (OPEX). Of this amount, EUR 90.55 million of Grand City Properties's OPEX was classified as EU Taxonomy-aligned, indicating that 39.2% 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, Grand City Properties's taxonomy-aligned operating expenditure (OPEX) increased by 46.27%, pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.
Compared to the previous year (2023), Grand City Properties's taxonomy-aligned OPEX increased by 27.69%, highlighting Grand City Properties's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
In 2024, Grand City Properties reported that EUR 231.12 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 100% of the company's total OPEX. Of this amount, EUR 90.55 million (39.2% of total OPEX) was classified as Taxonomy-aligned. This means that 60.8% of Grand City Properties'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, Grand City Properties reported that EUR 90.55 million of its OPEX was aligned under the EU Taxonomy, representing 39.2% of its total operational expenditure.
This moderate level of alignment indicates that Grand City Properties is beginning to shift operational priorities toward greener practices, with room for deeper integration.
In 2024, Grand City Properties reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, Grand City Properties allocated EUR 90.60 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 39.2% of the company's total OPEX, indicating that Grand City Properties is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.