Harvia Oyj is a Finnish manufacturer specializing in sauna heaters, saunas, spas, and related wellness solutions. Founded in 1950 by Tapani Harvia with the creation of the first wood-burning sauna sto... Harvia Oyj is a Finnish manufacturer specializing in sauna heaters, saunas, spas, and related wellness solutions. Founded in 1950 by Tapani Harvia with the creation of the first wood-burning sauna stove, the company has evolved from a local workshop into a global leader in the sauna industry, producing over 200,000 heaters and 20,000 saunas annually. Its comprehensive product portfolio includes electric and wood-burning heaters, combi heaters, infrared cabins, steam showers, hot tubs, control units, sauna interiors like benches and lighting, and accessories such as heater stones and installation services. Operating under brands like Harvia, EOS, Almost Heaven Saunas, ThermaSol, and Kirami, Harvia Oyj serves diverse sauna types—traditional, steam, and infrared—while emphasizing innovation in energy efficiency, digitalization, and sustainability. Headquartered in Muurame, Finland, with around 700 employees and facilities worldwide, it distributes products to over 90 countries, playing a pivotal role in the consumer discretionary leisure sector by promoting sauna culture and wellness globally.
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.
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Total Taxonomy Aligned Turnover
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Total Taxonomy Eligible Turnover
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3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings
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2023
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Total Taxonomy Aligned Opex
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Total Taxonomy Eligible Opex
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3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings
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2024
2023
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Total Taxonomy Aligned Capex
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Total Taxonomy Eligible Capex
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Limited Data Preview
You are viewing a limited preview of Harvia’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories, at both aggregate and activity level, with historical coverage back to 2022.
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a. Harvia's Annual Report 2024
b. Harvia's Annual Report 2023
c. Harvia's Annual Report 2022
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).a
Harvia's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Eligible Turnover
Total Taxonomy Aligned 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.a, c
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.a, b
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.a
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.a
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
Harvia's Contribution to Environmental Objectives
Total Taxonomy Aligned 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 objectivesa:
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 Harviahas limited exposureon solutions that support climate action through its commercial activities.a
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).a
Harvia's Taxonomy-Eligible Capex Over Time
Total Taxonomy Eligible Capex
Total Taxonomy Aligned 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.a, c
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.a, b
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).a
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.a
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
Harvia's Contribution to Environmental Objectives
Total Taxonomy Aligned 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 objectivesa:
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 Harviahas only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.a
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).a
Harvia's Taxonomy-Eligible Opex Over Time
Total Taxonomy Eligible Opex
Total Taxonomy Aligned 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.a, c
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