hGears AG
hGears EU Taxonomy Data Preview
In 2024, hGears 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.
hGears has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of hGears 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 hGears's Revenues from Sustainable Activities
In 2024, hGears reported EU Taxonomy-eligible revenues of EUR 63.10 million, representing 66.3% of its total turnover. Of this amount, EUR 49.00 million of hGears's revenues was classified as EU Taxonomy-aligned, indicating that 51.5% 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).
hGears's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have hGears's revenues become more sustainable over time?
Compared to the previous year (2023), hGears's taxonomy-aligned revenues increased by 3%, highlighting hGears'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 hGears's revenue is eligible under the EU Taxonomy?
In 2024, hGears reported that EUR 63.10 million of its revenue was eligible under the EU Taxonomy, representing 66.3% of the company's total turnover. Of this amount, EUR 49.00 million (51.5% of total revenue) was classified as Taxonomy-aligned. This means that 14.8% of hGears'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 hGears's eligible revenue is aligned with the EU Taxonomy?
In 2024, hGears reported that EUR 49.00 million of its revenue was aligned under the EU Taxonomy, representing 51.5% of its total turnover.
This strong alignment suggests that hGears has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.
hGears's Eligibility & Alignment Overview
hGears's Contribution to Environmental Objectives
How is hGears's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, hGears reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- 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 hGears earn from selling climate-related solutions ?
In 2024, hGears reported that EUR 0 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 0% of the company's total revenue, indicating that hGears has limited exposure on solutions that support climate action through its commercial activities.
Insights into hGears's CAPEX from Sustainable Activities
In 2024, hGears reported EU Taxonomy-eligible CAPEX of EUR 1.60 million, representing 62.3% of its total CAPEX. Of this amount, EUR 1.20 million of hGears's CAPEX was classified as EU Taxonomy-aligned, indicating that 47.7% 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).
hGears's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have hGears's increased its investment in sustainable activities over time?
Compared to the previous year (2023), hGears's taxonomy-aligned CAPEX decreased by 30.97%, suggesting that hGears may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
How much of hGears's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, hGears reported that EUR 1.60 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 62.3% of the company's total CAPEX. Of this amount, EUR 1.20 million (47.7% of total CAPEX) was classified as Taxonomy-aligned. This means that 14.6% of hGears'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 hGears's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, hGears reported that EUR 1.20 million of its CAPEX was aligned under the EU Taxonomy, representing 47.7% of its total capital investment.
This moderate level of alignment indicates that hGears is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
hGears's Eligibility & Alignment Overview
hGears's Contribution to Environmental Objectives
How is hGears's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, hGears reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- 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 hGears is investing in climate-related solutions?
In 2024, hGears allocated EUR 0 of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0% of the company's total capital expenditure, indicating that hGears has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.
Insights into hGears's OPEX from Sustainable Activities
In 2024, hGears reported EU Taxonomy-eligible OPEX of EUR 3.90 million, representing 75.8% of its total operating expenses (OPEX). Of this amount, EUR 3.30 million of hGears's OPEX was classified as EU Taxonomy-aligned, indicating that 63.5% 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).
hGears's Taxonomy-Eligible Opex Over Time
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have hGears's increased its spending in sustainable activities over time?
Compared to the previous year (2023), hGears's taxonomy-aligned OPEX increased by 20.49%, highlighting hGears's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
How much of hGears's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, hGears reported that EUR 3.90 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 75.8% of the company's total OPEX. Of this amount, EUR 3.30 million (63.5% of total OPEX) was classified as Taxonomy-aligned. This means that 12.3% of hGears'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 hGears's eligible OPEX is aligned with the EU Taxonomy?
In 2024, hGears reported that EUR 3.30 million of its OPEX was aligned under the EU Taxonomy, representing 63.5% of its total operational expenditure.
This strong alignment suggests that hGears is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.
hGears's Eligibility & Alignment Overview
hGears's Contribution to Environmental Objectives
How is hGears's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, hGears reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
- 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 hGears's operational budget supports climate-related solutions?
In 2024, hGears allocated EUR 0 of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0% of the company's total OPEX, indicating that hGears 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.