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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/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Taxonomy Non-Eligible B Turnover | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
1.1 CE - Manufacture of plastic packaging goods | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.1 WTR - Water supply, 5.1 CCM/CCA - Construction, extension and operation of water collection, treatment and supply systems | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.2 PPC - Treatment of hazardous waste, 2.4 CE - Treatment of hazardous waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.2 WTR - Urban Waste Water Treatment, 5.3 CCM/CCA - Construction, extension and operation of waste water collection and treatment | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.3 CE - Collection and transport of non-hazardous and hazardous waste, 5.5 CCM/CCA - Collection and transport of non-hazardous waste in source segregated fractions | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.4 PPC - Remediation of contaminated sites and areas | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.5 CE - Recovery of bio-waste by anaerobic digestion or composting, 4.13 CCM/CCA - Manufacture of biogas and biofuels for use in transport and of bioliquids | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.5 CE - Recovery of bio-waste by anaerobic digestion or composting, 4.13 CCM/CCA - Manufacture of biogas and biofuels for use in transport and of bioliquids, 5.7 CCM/CCA - Anaerobic digestion of bio-waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.5 CE - Recovery of bio-waste by anaerobic digestion or composting, 5.7 CCM/CCA - Anaerobic digestion of bio-waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
3.17 CCM/CCA - Manufacture of plastics in primary form | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.13 CCM/CCA - Manufacture of biogas and biofuels for use in transport and of bioliquids | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.14 CCM/CCA - Transmission and distribution networks for renewable and low-carbon gases | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.22 CCM/CCA - Production of heat/cool from geothermal energy | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.9 CCM/CCA - Transmission and distribution of electricity | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.1 CCM/CCA - Construction, extension and operation of water collection, treatment and supply systems | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.3 CCM/CCA - Construction, extension and operation of waste water collection and treatment | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.5 CCM/CCA - Collection and transport of non-hazardous waste in source segregated fractions | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.7 CCM/CCA - Anaerobic digestion of bio-waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.9 CCM/CCA - Material recovery from non-hazardous waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Taxonomy Non-Eligible B Opex | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
1.1 CE - Manufacture of plastic packaging goods | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.1 PPC - Collection and transport of hazardous waste, 2.3 CE - Collection and transport of non-hazardous and hazardous waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.1 WTR - Water supply, 5.1 CCM/CCA - Construction, extension and operation of water collection, treatment and supply systems | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.2 PPC - Treatment of hazardous waste, 2.4 CE - Treatment of hazardous waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.2 WTR - Urban Waste Water Treatment, 5.3 CCM/CCA - Construction, extension and operation of waste water collection and treatment | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.3 CE - Collection and transport of non-hazardous and hazardous waste, 5.5 CCM/CCA - Collection and transport of non-hazardous waste in source segregated fractions | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.4 PPC - Remediation of contaminated sites and areas | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.5 CE - Recovery of bio-waste by anaerobic digestion or composting, 4.13 CCM/CCA - Manufacture of biogas and biofuels for use in transport and of bioliquids | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.5 CE - Recovery of bio-waste by anaerobic digestion or composting, 4.13 CCM/CCA - Manufacture of biogas and biofuels for use in transport and of bioliquids, 5.7 CCM/CCA - Anaerobic digestion of bio-waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.5 CE - Recovery of bio-waste by anaerobic digestion or composting, 5.7 CCM/CCA - Anaerobic digestion of bio-waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.7 CE - Sorting and material recovery of non-hazardous waste, 5.9 CCM/CCA - Material recovery from non-hazardous waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
3.17 CCM/CCA - Manufacture of plastics in primary form | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.1 CCM/CCA - Electricity generation using solar photovoltaic technology | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.13 CCM/CCA - Manufacture of biogas and biofuels for use in transport and of bioliquids | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.14 CCM/CCA - Transmission and distribution networks for renewable and low-carbon gases | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.15 CCM/CCA - District heating/cooling distribution | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.22 CCM/CCA - Production of heat/cool from geothermal energy | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.9 CCM/CCA - Transmission and distribution of electricity | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.1 CCM/CCA - Construction, extension and operation of water collection, treatment and supply systems | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.10 CCM/CCA - Landfill gas capture and utilisation | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.3 CCM/CCA - Construction, extension and operation of waste water collection and treatment | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.5 CCM/CCA - Collection and transport of non-hazardous waste in source segregated fractions | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.7 CCM/CCA - Anaerobic digestion of bio-waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.8 CCM/CCA - Composting of bio-waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.9 CCM/CCA - Material recovery from non-hazardous waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Taxonomy Non-Eligible B Capex | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
1.1 CE - Manufacture of plastic packaging goods | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.1 PPC - Collection and transport of hazardous waste, 2.3 CE - Collection and transport of non-hazardous and hazardous waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.1 WTR - Water supply, 5.1 CCM/CCA - Construction, extension and operation of water collection, treatment and supply systems | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.2 PPC - Treatment of hazardous waste, 2.4 CE - Treatment of hazardous waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.2 WTR - Urban Waste Water Treatment, 5.3 CCM/CCA - Construction, extension and operation of waste water collection and treatment | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.3 CE - Collection and transport of non-hazardous and hazardous waste, 5.5 CCM/CCA - Collection and transport of non-hazardous waste in source segregated fractions | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.4 PPC - Remediation of contaminated sites and areas | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.5 CE - Recovery of bio-waste by anaerobic digestion or composting, 4.13 CCM/CCA - Manufacture of biogas and biofuels for use in transport and of bioliquids | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.5 CE - Recovery of bio-waste by anaerobic digestion or composting, 4.13 CCM/CCA - Manufacture of biogas and biofuels for use in transport and of bioliquids, 5.7 CCM/CCA - Anaerobic digestion of bio-waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.5 CE - Recovery of bio-waste by anaerobic digestion or composting, 5.7 CCM/CCA - Anaerobic digestion of bio-waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
2.7 CE - Sorting and material recovery of non-hazardous waste, 5.9 CCM/CCA - Material recovery from non-hazardous waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
3.17 CCM/CCA - Manufacture of plastics in primary form | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.1 CCM/CCA - Electricity generation using solar photovoltaic technology | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.13 CCM/CCA - Manufacture of biogas and biofuels for use in transport and of bioliquids | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.14 CCM/CCA - Transmission and distribution networks for renewable and low-carbon gases | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.15 CCM/CCA - District heating/cooling distribution | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.22 CCM/CCA - Production of heat/cool from geothermal energy | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
4.9 CCM/CCA - Transmission and distribution of electricity | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.1 CCM/CCA - Construction, extension and operation of water collection, treatment and supply systems | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.3 CCM/CCA - Construction, extension and operation of waste water collection and treatment | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.5 CCM/CCA - Collection and transport of non-hazardous waste in source segregated fractions | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.6 CCM/CCA - Anaerobic digestion of sewage sludge | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.7 CCM/CCA - Anaerobic digestion of bio-waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.8 CCM/CCA - Composting of bio-waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
5.9 CCM/CCA - Material recovery from non-hazardous waste | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
7.4 CCM/CCA - Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings) | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Hera’s data sources below and access millions more through our Disclosure Search.
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).a
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.a, c
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.a, b
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.a
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.a
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.
In 2024, Hera reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
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 Herahas limited exposureon solutions that support climate action through its commercial activities.a
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).a
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.a, c
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.a, b
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).a
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.a
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.
In 2024, Hera reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
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 Herais moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.a
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).a
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.a, c
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.a, b
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).a
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.a
This moderate level of alignment indicates that Hera is beginning to shift operational priorities toward greener practices, with room for deeper integration.
In 2024, Hera reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
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 Herais moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.a