Harvia Oyj

Common Name
Harvia
Country
Finland
Sector
Consumer Cyclical
Industry
Leisure
Employees
619
Ticker
HARVIA
Exchange
NASDAQ HELSINKI LTD
Description
Harvia Oyj is a prominent global player in the wellness and sauna industries, recognized for its comprehensive range of products designed to create and enhance the sauna experience. As a manufacturer ...

Harvia EU Taxonomy Data Preview

In 2024, Harvia 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.

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

In 2024, Harvia reported EU Taxonomy-eligible revenues of EUR 13.92 million, representing 7.9% of its total turnover. Of this amount, EUR 7.36 million of Harvia's revenues was classified as EU Taxonomy-aligned, indicating that 4.2% 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).

Harvia's Taxonomy-Eligible Turnover Over Time

2022202320240%2%4%6%8%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Harvia's revenues become more sustainable over time?

Since 2022, Harvia's taxonomy-aligned revenues increased by 100%, reflecting a sustained upward trend in environmentally sustainable revenue generation.

Compared to the previous year (2023), Harvia's taxonomy-aligned revenues increased by 16.67%, highlighting Harvia'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 Harvia's revenue is eligible under the EU Taxonomy?

In 2024, Harvia reported that EUR 13.92 million of its revenue was eligible under the EU Taxonomy, representing 7.9% of the company's total turnover. Of this amount, EUR 7.36 million (4.2% of total revenue) was classified as Taxonomy-aligned. This means that 3.7% of Harvia'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 Harvia's eligible revenue is aligned with the EU Taxonomy?

In 2024, Harvia reported that EUR 7.36 million of its revenue was aligned under the EU Taxonomy, representing 4.2% of its total turnover.

This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.

Harvia's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(92.1%)Total TaxonomyAligned A1 Turnover(4.2%)Total TaxonomyEligible but NotAligned A2 Turnover(3.7%)

Harvia's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%1.5%3%4.5%6%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

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

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

  • Climate Change Mitigation: 4.2%
  • 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 Harvia earn from selling climate-related solutions ?

In 2024, Harvia reported that EUR 7.36 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 4.2% of the company's total revenue, indicating that Harvia has limited exposure on solutions that support climate action through its commercial activities.

Insights into Harvia's CAPEX from Sustainable Activities

In 2024, Harvia reported EU Taxonomy-eligible CAPEX of EUR 338,000, representing 5.5% of its total CAPEX. Of this amount, EUR 310,000 of Harvia's CAPEX was classified as EU Taxonomy-aligned, indicating that 5% 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).

Harvia's Taxonomy-Eligible Capex Over Time

2022202320240%2%4%6%8%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

Since 2022, Harvia's taxonomy-aligned capital expenditure (CAPEX) increased by 4.17%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.

Compared to the previous year (2023), Harvia's taxonomy-aligned CAPEX increased by 733.33%, highlighting Harvia'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 Harvia's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Harvia reported that EUR 338,000 of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 5.5% of the company's total CAPEX. Of this amount, EUR 310,000 (5% of total CAPEX) was classified as Taxonomy-aligned. This means that 0.5% of Harvia'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 Harvia's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Harvia reported that EUR 310,000 of its CAPEX was aligned under the EU Taxonomy, representing 5% of its total capital investment.

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

Harvia's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(94.5%)Total TaxonomyAligned A1 Capex(5.0%)Total TaxonomyEligible but NotAligned A2 Capex(0.5%)

Harvia's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%1.5%3%4.5%6%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

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

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

In 2024, Harvia allocated EUR 307,400 of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 5% of the company's total capital expenditure, indicating that Harvia has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.

Insights into Harvia's OPEX from Sustainable Activities

In 2024, Harvia reported EU Taxonomy-eligible OPEX of EUR 62,000, representing 1% of its total operating expenses (OPEX). Of this amount, EUR 0 of Harvia'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).

Harvia's Taxonomy-Eligible Opex Over Time

2022202320240%0.3%0.6%0.9%1.2%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

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

Since 2022, Harvia's taxonomy-aligned operating expenditure (OPEX) decreased by 100%, indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.