Grigeo Group AB

Common Name
Grigeo Group
Country
Lithuania
Sector
Basic Materials
Industry
Paper & Paper Products
Employees
1,038
Ticker
GRG1L
Exchange
AB NASDAQ VILNIUS
Description
Grigeo AB operates as a leading paper and wood product manufacturer based in Lithuania. Specializing in the production of hygiene paper, packaging materials, and absorbent paper products, Grigeo AB se...

Grigeo Group EU Taxonomy Data Preview

In 2024, Grigeo Group 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.

Grigeo Group has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Grigeo Group 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
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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
0000000
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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 Grigeo Group's Revenues from Sustainable Activities

In 2024, Grigeo Group reported EU Taxonomy-eligible revenues of EUR 2.65 million, representing 1.2% of its total turnover. Of this amount, EUR 0 of Grigeo Group's revenues was classified as EU Taxonomy-aligned, indicating that 0% 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).

Insights into Grigeo Group's CAPEX from Sustainable Activities

In 2024, Grigeo Group reported EU Taxonomy-eligible CAPEX of EUR 9.88 million, representing 23% of its total CAPEX. Of this amount, EUR 2.56 million of Grigeo Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 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).

Grigeo Group's Taxonomy-Eligible Capex Over Time

2022202320240%8.5%17%25.5%34%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

Compared to the previous year (2023), Grigeo Group's taxonomy-aligned CAPEX increased by 500%, highlighting Grigeo Group'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 Grigeo Group's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Grigeo Group reported that EUR 9.88 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 23% of the company's total CAPEX. Of this amount, EUR 2.56 million (6% of total CAPEX) was classified as Taxonomy-aligned. This means that 17% of Grigeo Group'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 Grigeo Group's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Grigeo Group reported that EUR 2.56 million of its CAPEX was aligned under the EU Taxonomy, representing 6% of its total capital investment.

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

Grigeo Group's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(77.0%)Total TaxonomyAligned A1 Capex(6.0%)Total TaxonomyEligible but NotAligned A2 Capex(17.0%)

Grigeo Group's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%4.5%9%13.5%18%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

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

  • Climate Change Mitigation: 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 Grigeo Group is investing in climate-related solutions?

In 2024, Grigeo Group allocated EUR 2.58 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 6% of the company's total capital expenditure, indicating that Grigeo Group has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.

Insights into Grigeo Group's OPEX from Sustainable Activities

In 2024, Grigeo Group reported EU Taxonomy-eligible OPEX of EUR 859,000, representing 24.6% of its total operating expenses (OPEX). Of this amount, EUR 0 of Grigeo Group's OPEX was classified as EU Taxonomy-aligned, indicating that 0% 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).