Granges AB

Common Name
Granges
Country
Sweden
Sector
Basic Materials
Industry
Aluminum
Employees
2,700
Ticker
GRNG
Exchange
NASDAQ STOCKHOLM AB
Description
Gränges AB is a leading global manufacturer of advanced aluminum products, focusing primarily on rolled aluminum for the automotive and other transport-related industries. The company is recognized fo...

Granges EU Taxonomy Data Preview

In 2024, Granges 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.

Granges has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Granges 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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Total Taxonomy Eligible A Turnover
0000000
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Total Taxonomy Non-Eligible B Turnover
0000000
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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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Total Taxonomy Eligible A Capex
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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 Granges's Revenues from Sustainable Activities

In 2024, Granges reported EU Taxonomy-eligible revenues of SEK 10.86 billion, representing 46.2% of its total turnover. Of this amount, SEK 10.86 billion of Granges's revenues was classified as EU Taxonomy-aligned, indicating that 46.2% 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).

Granges'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 Granges's revenues become more sustainable over time?

Since 2022, Granges's taxonomy-aligned revenues increased by 38.74%, reflecting a sustained upward trend in environmentally sustainable revenue generation.

Compared to the previous year (2023), Granges's taxonomy-aligned revenues increased by 20%, highlighting Granges'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 Granges's revenue is eligible under the EU Taxonomy?

In 2024, Granges reported that SEK 10.86 billion of its revenue was eligible under the EU Taxonomy, representing 46.2% of the company's total turnover. Of this amount, SEK 10.86 billion (46.2% of total revenue) was classified as Taxonomy-aligned. This means that 0% of Granges'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 Granges's eligible revenue is aligned with the EU Taxonomy?

In 2024, Granges reported that SEK 10.86 billion of its revenue was aligned under the EU Taxonomy, representing 46.2% of its total turnover.

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

Granges's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(53.8%)Total TaxonomyAligned A1 Turnover(46.2%)

Granges'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 Granges's taxonomy-aligned revenue distributed across the EU environmental objectives?

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

  • Climate Change Mitigation: 46.2%
  • 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 Granges earn from selling climate-related solutions ?

In 2024, Granges reported that SEK 10.86 billion 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 46.2% of the company's total revenue, indicating that Granges has a moderate focus on solutions that support climate action through its commercial activities.

Insights into Granges's CAPEX from Sustainable Activities

In 2024, Granges reported EU Taxonomy-eligible CAPEX of SEK 635.00 million, representing 29.9% of its total CAPEX. Of this amount, SEK 635.00 million of Granges's CAPEX was classified as EU Taxonomy-aligned, indicating that 29.9% 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).

Granges's Taxonomy-Eligible Capex Over Time

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

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

Since 2022, Granges's taxonomy-aligned capital expenditure (CAPEX) decreased by 22.14%, 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), Granges's taxonomy-aligned CAPEX decreased by 34%, suggesting that Granges may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.

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

In 2024, Granges reported that SEK 635.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 29.9% of the company's total CAPEX. Of this amount, SEK 635.00 million (29.9% of total CAPEX) was classified as Taxonomy-aligned. This means that 0% of Granges'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 Granges's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Granges reported that SEK 635.00 million of its CAPEX was aligned under the EU Taxonomy, representing 29.9% of its total capital investment.

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

Granges's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(70.1%)Total TaxonomyAligned A1 Capex(29.9%)

Granges's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%7.5%15%22.5%30%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

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

  • Climate Change Mitigation: 29.9%
  • 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 Granges is investing in climate-related solutions?

In 2024, Granges allocated SEK 635.97 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 29.9% of the company's total capital expenditure, indicating that Granges is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.

Insights into Granges's OPEX from Sustainable Activities

In 2024, Granges reported EU Taxonomy-eligible OPEX of SEK 417.00 million, representing 48.5% of its total operating expenses (OPEX). Of this amount, SEK 417.00 million of Granges's OPEX was classified as EU Taxonomy-aligned, indicating that 48.5% 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).

Granges's Taxonomy-Eligible Opex Over Time

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

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

Since 2022, Granges's taxonomy-aligned operating expenditure (OPEX) increased by 43.49%, 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), Granges's taxonomy-aligned OPEX increased by 7.3%, highlighting Granges's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.

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

In 2024, Granges reported that SEK 417.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 48.5% of the company's total OPEX. Of this amount, SEK 417.00 million (48.5% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of Granges'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 Granges's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Granges reported that SEK 417.00 million of its OPEX was aligned under the EU Taxonomy, representing 48.5% of its total operational expenditure.

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

Granges's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(51.5%)Total TaxonomyAligned A1 Opex(48.5%)

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

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

  • Climate Change Mitigation: 48.5%
  • 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 Granges's operational budget supports climate-related solutions?

In 2024, Granges allocated SEK 417.10 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 48.5% of the company's total OPEX, indicating that Granges is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.