Hera SpA
Hera EU Taxonomy Data Preview
In 2024, Hera 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.
Hera has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Hera are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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 Hera's Revenues from Sustainable Activities
In 2024, Hera reported EU Taxonomy-eligible revenues of EUR 1.77 billion, representing 13.8% of its total turnover. Of this amount, EUR 1.46 billion of Hera's revenues was classified as EU Taxonomy-aligned, indicating that 11.3% 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).
Hera's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Hera's revenues become more sustainable over time?
Since 2022, Hera's taxonomy-aligned revenues remained relatively stable, suggesting that Hera has neither significantly expanded nor reduced its sustainable revenue generation over the long term.
Compared to the previous year (2023), Hera's taxonomy-aligned revenues decreased by 36.16% , suggesting that Hera may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.
How much of Hera's revenue is eligible under the EU Taxonomy?
In 2024, Hera reported that EUR 1.77 billion of its revenue was eligible under the EU Taxonomy, representing 13.8% of the company's total turnover. Of this amount, EUR 1.46 billion (11.3% of total revenue) was classified as Taxonomy-aligned. This means that 2.4% of Hera'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 Hera's eligible revenue is aligned with the EU Taxonomy?
In 2024, Hera reported that EUR 1.46 billion of its revenue was aligned under the EU Taxonomy, representing 11.3% of its total turnover.
This moderate level of alignment indicates that Hera has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Hera's Eligibility & Alignment Overview
Hera's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Hera's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Hera reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 6.1%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 3.9%
- Transition to a Circular Economy: 0.2%
- Pollution Prevention and Control: 1.1%
- Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Hera earn from selling climate-related solutions ?
In 2024, Hera reported that EUR 786.27 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 6.1% of the company's total revenue, indicating that Hera has limited exposure on solutions that support climate action through its commercial activities.
Insights into Hera's CAPEX from Sustainable Activities
In 2024, Hera reported EU Taxonomy-eligible CAPEX of EUR 526.70 million, representing 61.2% of its total CAPEX. Of this amount, EUR 476.60 million of Hera's CAPEX was classified as EU Taxonomy-aligned, indicating that 55.4% 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).
Hera's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have Hera's increased its investment in sustainable activities over time?
Since 2022, Hera's taxonomy-aligned capital expenditure (CAPEX) increased by 1.47%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), Hera's taxonomy-aligned CAPEX remained relatively stable, indicating that Hera maintained consistent levels of green capital expenditure, with no significant expansion or retreat in its taxonomy-aligned investment strategy.
How much of Hera's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Hera reported that EUR 526.70 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 61.2% of the company's total CAPEX. Of this amount, EUR 476.60 million (55.4% of total CAPEX) was classified as Taxonomy-aligned. This means that 5.8% of Hera'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 Hera's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Hera reported that EUR 476.60 million of its CAPEX was aligned under the EU Taxonomy, representing 55.4% of its total capital investment.
This strong alignment suggests that Hera is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Hera's Eligibility & Alignment Overview
Hera's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is Hera's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Hera reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 37%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 17.5%
- Transition to a Circular Economy: 0.3%
- Pollution Prevention and Control: 0.6%
- Protection and restoration of biodiversity and ecosystems: 0%
How much Hera is investing in climate-related solutions?
In 2024, Hera allocated EUR 318.31 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 37% of the company's total capital expenditure, indicating that Hera is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
Insights into Hera's OPEX from Sustainable Activities
In 2024, Hera reported EU Taxonomy-eligible OPEX of EUR 173.70 million, representing 55.9% of its total operating expenses (OPEX). Of this amount, EUR 124.80 million of Hera's OPEX was classified as EU Taxonomy-aligned, indicating that 40.2% 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).
Hera's Taxonomy-Eligible Opex Over Time
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have Hera's increased its spending in sustainable activities over time?
Since 2022, Hera's taxonomy-aligned operating expenditure (OPEX) decreased by 11.65%, indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.
Compared to the previous year (2023), Hera's taxonomy-aligned OPEX decreased by 26.1%, suggesting that Hera may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.
How much of Hera's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Hera reported that EUR 173.70 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 55.9% of the company's total OPEX. Of this amount, EUR 124.80 million (40.2% of total OPEX) was classified as Taxonomy-aligned. This means that 15.7% of Hera'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 Hera's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Hera reported that EUR 124.80 million of its OPEX was aligned under the EU Taxonomy, representing 40.2% of its total operational expenditure.
This moderate level of alignment indicates that Hera is beginning to shift operational priorities toward greener practices, with room for deeper integration.
Hera's Eligibility & Alignment Overview
Hera's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
How is Hera's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Hera reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 25%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 12.6%
- Transition to a Circular Economy: 0.3%
- Pollution Prevention and Control: 2.3%
- Protection and restoration of biodiversity and ecosystems: 0%
How much of Hera's operational budget supports climate-related solutions?
In 2024, Hera allocated EUR 77.70 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 25% of the company's total OPEX, indicating that Hera is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.