Iberdrola SA
Iberdrola EU Taxonomy Data Preview
In 2024, Iberdrola 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.
Iberdrola has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Iberdrola 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 Iberdrola's Revenues from Sustainable Activities
In 2024, Iberdrola reported EU Taxonomy-eligible revenues of EUR 27.49 billion, representing 61.5% of its total turnover. Of this amount, EUR 24.96 billion of Iberdrola's revenues was classified as EU Taxonomy-aligned, indicating that 55.8% 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).
Iberdrola's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Iberdrola's revenues become more sustainable over time?
Since 2022, Iberdrola's taxonomy-aligned revenues increased by 52.88%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), Iberdrola's taxonomy-aligned revenues increased by 38.12%, highlighting Iberdrola'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 Iberdrola's revenue is eligible under the EU Taxonomy?
In 2024, Iberdrola reported that EUR 27.49 billion of its revenue was eligible under the EU Taxonomy, representing 61.5% of the company's total turnover. Of this amount, EUR 24.96 billion (55.8% of total revenue) was classified as Taxonomy-aligned. This means that 5.7% of Iberdrola'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 Iberdrola's eligible revenue is aligned with the EU Taxonomy?
In 2024, Iberdrola reported that EUR 24.96 billion of its revenue was aligned under the EU Taxonomy, representing 55.8% of its total turnover.
This strong alignment suggests that Iberdrola has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.
Iberdrola's Eligibility & Alignment Overview
Iberdrola's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Iberdrola's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Iberdrola reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 55.8%
- 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 Iberdrola earn from selling climate-related solutions ?
In 2024, Iberdrola reported that EUR 24.96 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 55.8% of the company's total revenue, indicating that Iberdrola primarily focuses on solutions that support climate action through its commercial activities.
Insights into Iberdrola's CAPEX from Sustainable Activities
In 2024, Iberdrola reported EU Taxonomy-eligible CAPEX of EUR 10.74 billion, representing 89.9% of its total CAPEX. Of this amount, EUR 10.63 billion of Iberdrola's CAPEX was classified as EU Taxonomy-aligned, indicating that 89% 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).
Iberdrola's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have Iberdrola's increased its investment in sustainable activities over time?
Since 2022, Iberdrola's taxonomy-aligned capital expenditure (CAPEX) increased by 2.88%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), Iberdrola's taxonomy-aligned CAPEX remained relatively stable, indicating that Iberdrola maintained consistent levels of green capital expenditure, with no significant expansion or retreat in its taxonomy-aligned investment strategy.
How much of Iberdrola's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Iberdrola reported that EUR 10.74 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 89.9% of the company's total CAPEX. Of this amount, EUR 10.63 billion (89% of total CAPEX) was classified as Taxonomy-aligned. This means that 0.9% of Iberdrola'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 Iberdrola's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Iberdrola reported that EUR 10.63 billion of its CAPEX was aligned under the EU Taxonomy, representing 89% of its total capital investment.
This strong alignment suggests that Iberdrola is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Iberdrola's Eligibility & Alignment Overview
Iberdrola's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is Iberdrola's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Iberdrola reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 89%
- 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 Iberdrola is investing in climate-related solutions?
In 2024, Iberdrola allocated EUR 10.63 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 89% of the company's total capital expenditure, indicating that Iberdrola is prioritizing climate-focused investments as a central part of its overall capital strategy.
Insights into Iberdrola's OPEX from Sustainable Activities
In 2024, Iberdrola reported EU Taxonomy-eligible OPEX of EUR 2.04 billion, representing 92.8% of its total operating expenses (OPEX). Of this amount, EUR 1.93 billion of Iberdrola's OPEX was classified as EU Taxonomy-aligned, indicating that 87.8% 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).
Iberdrola's Taxonomy-Eligible Opex Over Time
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have Iberdrola's increased its spending in sustainable activities over time?
Since 2022, Iberdrola's taxonomy-aligned operating expenditure (OPEX) increased by 68.13%, 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), Iberdrola's taxonomy-aligned OPEX increased by 37.19%, highlighting Iberdrola's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
How much of Iberdrola's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Iberdrola reported that EUR 2.04 billion of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 92.8% of the company's total OPEX. Of this amount, EUR 1.93 billion (87.8% of total OPEX) was classified as Taxonomy-aligned. This means that 5.1% of Iberdrola'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 Iberdrola's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Iberdrola reported that EUR 1.93 billion of its OPEX was aligned under the EU Taxonomy, representing 87.8% of its total operational expenditure.
This strong alignment suggests that Iberdrola is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.
Iberdrola's Eligibility & Alignment Overview
Iberdrola's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
How is Iberdrola's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Iberdrola reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 87.8%
- 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 Iberdrola's operational budget supports climate-related solutions?
In 2024, Iberdrola allocated EUR 1.93 billion of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 87.8% of the company's total OPEX, indicating that Iberdrola is focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.