In 2024, IAG 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.
IAG has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of IAG 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 |
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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.
In 2024, IAG reported EU Taxonomy-eligible revenues of EUR 30.49 billion, representing 95% of its total turnover. Of this amount, EUR 11.32 billion of IAG's revenues was classified as EU Taxonomy-aligned, indicating that 35.3% 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).
In 2024, IAG reported that EUR 30.49 billion of its revenue was eligible under the EU Taxonomy, representing 95% of the company's total turnover. Of this amount, EUR 11.32 billion (35.3% of total revenue) was classified as Taxonomy-aligned. This means that 59.7% of IAG'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.
In 2024, IAG reported that EUR 11.32 billion of its revenue was aligned under the EU Taxonomy, representing 35.3% of its total turnover.
This moderate level of alignment indicates that IAG has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
In 2024, IAG reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, IAG reported that EUR 11.33 billion 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 35.3% of the company's total revenue, indicating that IAG has a moderate focus on solutions that support climate action through its commercial activities.
In 2024, IAG reported EU Taxonomy-eligible CAPEX of EUR 2.78 billion, representing 77.6% of its total CAPEX. Of this amount, EUR 2.32 billion of IAG's CAPEX was classified as EU Taxonomy-aligned, indicating that 64.7% 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).
In 2024, IAG reported that EUR 2.78 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 77.6% of the company's total CAPEX. Of this amount, EUR 2.32 billion (64.7% of total CAPEX) was classified as Taxonomy-aligned. This means that 12.9% of IAG'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).
In 2024, IAG reported that EUR 2.32 billion of its CAPEX was aligned under the EU Taxonomy, representing 64.7% of its total capital investment.
This strong alignment suggests that IAG 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, IAG reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, IAG allocated EUR 2.32 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 64.7% of the company's total capital expenditure, indicating that IAG is prioritizing climate-focused investments as a central part of its overall capital strategy.
In 2024, IAG reported EU Taxonomy-eligible OPEX of EUR 2.67 billion, representing 98% of its total operating expenses (OPEX). Of this amount, EUR 1.56 billion of IAG's OPEX was classified as EU Taxonomy-aligned, indicating that 57.1% 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).
In 2024, IAG reported that EUR 2.67 billion of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 98% of the company's total OPEX. Of this amount, EUR 1.56 billion (57.1% of total OPEX) was classified as Taxonomy-aligned. This means that 40.9% of IAG'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).
In 2024, IAG reported that EUR 1.56 billion of its OPEX was aligned under the EU Taxonomy, representing 57.1% of its total operational expenditure.
This strong alignment suggests that IAG is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.
In 2024, IAG reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, IAG allocated EUR 1.56 billion of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 57.1% of the company's total OPEX, indicating that IAG is focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.