Heidelberg Materials AG

Common Name
Heidelberg Materials
Country
Germany
Sector
Basic Materials
Industry
Building Materials
Employees
50,692
Ticker
HEI
Exchange
XETRA
Description
Heidelberg Materials AG, formerly known as HeidelbergCement, is a leading global building materials company. Specializing in the production and distribution of cement, aggregates, ready-mixed concrete...

Heidelberg Materials EU Taxonomy Data Preview

In 2024, Heidelberg Materials 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.

Heidelberg Materials has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Heidelberg Materials 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
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Total Taxonomy Non-Eligible B Turnover
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Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
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Total Taxonomy Eligible A Opex
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Total Taxonomy Non-Eligible B Opex
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Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
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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 Heidelberg Materials's Revenues from Sustainable Activities

In 2024, Heidelberg Materials reported EU Taxonomy-eligible revenues of EUR 11.09 billion, representing 52.4% of its total turnover. Of this amount, EUR 237.70 million of Heidelberg Materials's revenues was classified as EU Taxonomy-aligned, indicating that 1.1% 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).

Heidelberg Materials'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 Heidelberg Materials's revenues become more sustainable over time?

Since 2022, Heidelberg Materials's taxonomy-aligned revenues increased by 37.5%, reflecting a sustained upward trend in environmentally sustainable revenue generation.

Compared to the previous year (2023), Heidelberg Materials's taxonomy-aligned revenues increased by 83.33%, highlighting Heidelberg Materials'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 Heidelberg Materials's revenue is eligible under the EU Taxonomy?

In 2024, Heidelberg Materials reported that EUR 11.09 billion of its revenue was eligible under the EU Taxonomy, representing 52.4% of the company's total turnover. Of this amount, EUR 237.70 million (1.1% of total revenue) was classified as Taxonomy-aligned. This means that 51.3% of Heidelberg Materials'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 Heidelberg Materials's eligible revenue is aligned with the EU Taxonomy?

In 2024, Heidelberg Materials reported that EUR 237.70 million of its revenue was aligned under the EU Taxonomy, representing 1.1% 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.

Heidelberg Materials's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(47.6%)Total TaxonomyAligned A1 Turnover(1.1%)Total TaxonomyEligible but NotAligned A2 Turnover(51.3%)

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

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

  • Climate Change Mitigation: 1.1%
  • 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 Heidelberg Materials earn from selling climate-related solutions ?

In 2024, Heidelberg Materials reported that EUR 232.72 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 1.1% of the company's total revenue, indicating that Heidelberg Materials has limited exposure on solutions that support climate action through its commercial activities.

Insights into Heidelberg Materials's CAPEX from Sustainable Activities

In 2024, Heidelberg Materials reported EU Taxonomy-eligible CAPEX of EUR 930.30 million, representing 48.3% of its total CAPEX. Of this amount, EUR 281.50 million of Heidelberg Materials's CAPEX was classified as EU Taxonomy-aligned, indicating that 14.6% 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).

Heidelberg Materials's Taxonomy-Eligible Capex Over Time

2022202320240%20%40%60%80%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

Since 2022, Heidelberg Materials's taxonomy-aligned capital expenditure (CAPEX) decreased by 37.34%, 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), Heidelberg Materials's taxonomy-aligned CAPEX increased by 2.82%, highlighting Heidelberg Materials'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 Heidelberg Materials's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Heidelberg Materials reported that EUR 930.30 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 48.3% of the company's total CAPEX. Of this amount, EUR 281.50 million (14.6% of total CAPEX) was classified as Taxonomy-aligned. This means that 33.7% of Heidelberg Materials'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 Heidelberg Materials's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Heidelberg Materials reported that EUR 281.50 million of its CAPEX was aligned under the EU Taxonomy, representing 14.6% of its total capital investment.

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

Heidelberg Materials's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(51.7%)Total TaxonomyAligned A1 Capex(14.6%)Total TaxonomyEligible but NotAligned A2 Capex(33.7%)

Heidelberg Materials's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%8.5%17%25.5%34%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

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

  • Climate Change Mitigation: 14.6%
  • 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 Heidelberg Materials is investing in climate-related solutions?

In 2024, Heidelberg Materials allocated EUR 281.21 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 14.6% of the company's total capital expenditure, indicating that Heidelberg Materials is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.

Insights into Heidelberg Materials's OPEX from Sustainable Activities

In 2024, Heidelberg Materials reported EU Taxonomy-eligible OPEX of EUR 957.90 million, representing 55.7% of its total operating expenses (OPEX). Of this amount, EUR 54.60 million of Heidelberg Materials's OPEX was classified as EU Taxonomy-aligned, indicating that 3.2% 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).

Heidelberg Materials'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 Heidelberg Materials's increased its spending in sustainable activities over time?

Since 2022, Heidelberg Materials's taxonomy-aligned operating expenditure (OPEX) increased by 10.34%, 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), Heidelberg Materials's taxonomy-aligned OPEX increased by 23.08%, highlighting Heidelberg Materials's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.

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

In 2024, Heidelberg Materials reported that EUR 957.90 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 55.7% of the company's total OPEX. Of this amount, EUR 54.60 million (3.2% of total OPEX) was classified as Taxonomy-aligned. This means that 52.5% of Heidelberg Materials'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 Heidelberg Materials's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Heidelberg Materials reported that EUR 54.60 million of its OPEX was aligned under the EU Taxonomy, representing 3.2% of its total operational expenditure.

This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.

Heidelberg Materials's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(44.3%)Total TaxonomyAligned A1 Opex(3.2%)Total TaxonomyEligible but NotAligned A2 Opex(52.5%)

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

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

  • Climate Change Mitigation: 3.2%
  • 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 of Heidelberg Materials's operational budget supports climate-related solutions?

In 2024, Heidelberg Materials allocated EUR 55.05 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 3.2% of the company's total OPEX, indicating that Heidelberg Materials has only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.