Industrie De Nora S.p.A. is an Italian multinational company headquartered in Milan, specializing in electrochemical technologies as the world's leading supplier of electrodes for major industrial pro... Industrie De Nora S.p.A. is an Italian multinational company headquartered in Milan, specializing in electrochemical technologies as the world's leading supplier of electrodes for major industrial processes. Founded in 1923 by engineer Oronzio De Nora, it provides advanced coated electrodes, coatings, and complete solutions across three core divisions: Electrode Technologies for sectors like chlor-alkali, electronics, mining, and metal recovery; Water Technologies for municipal and industrial water treatment, including filtration and ozone generation; and Energy Transition focused on green hydrogen production and circular economy initiatives. With over 2,000 professionals, 14 manufacturing facilities, 5 R&D centers in Italy, the US, and Japan, and presence in more than 100 markets across the Americas, Europe, Middle East, and Asia, the company drives sustainable innovation protected by 278 patent families. Listed on the Euronext Milan stock exchange since 2022, Industrie De Nora S.p.A. supports industries' decarbonization and clean water goals through reliable, efficient technologies, reporting €862.6 million in FY 2024 revenues. Its global footprint and century-long expertise position it as a key enabler in electrochemical processes, water management, and the shift to renewable energy.
In 2025, Industrie De Nora 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.
Industrie De Nora has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Industrie De Nora are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
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2024
2023
2022 - 2017
Total Taxonomy Aligned Turnover
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Total Taxonomy Eligible Turnover
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3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen
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5.1 CE - Repair, refurbishment and remanufacturing
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5.5 CE - Product-as-a-service and other circular use- and result-oriented service models
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Metric
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned Opex
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Total Taxonomy Eligible Opex
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3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen
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5.1 CE - Repair, refurbishment and remanufacturing
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5.5 CE - Product-as-a-service and other circular use- and result-oriented service models
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a
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Metric
2025
2024
2023
2022 - 2017
Total Taxonomy Aligned Capex
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Total Taxonomy Eligible Capex
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3.2 CCM/CCA - Manufacture of equipment for the production and use of hydrogen
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3.2 CE - Renovation of existing buildings, 7.2 CCM/CCA - Renovation of existing buildings
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5.1 CE - Repair, refurbishment and remanufacturing
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5.5 CE - Product-as-a-service and other circular use- and result-oriented service models
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a
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7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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Limited Data Preview
You are viewing a limited preview of Industrie De Nora’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories, at both aggregate and activity level, with historical coverage back to 2022.
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Verified Sources Behind Industrie De Nora’s EU Taxonomy Data
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 Industrie De Nora’s data sources below and access millions more through our Disclosure Search.
a. Industrie De Nora's Integrated Report 2025
b. Industrie De Nora's Integrated Report 2024
c. Industrie De Nora's Sustainability Report 2023
d. Industrie De Nora's Sustainability Report 2022
Insights into Industrie De Nora's Revenues from Sustainable Activities
In 2025, Industrie De Nora reported EU Taxonomy-eligible revenues of EUR 277.36 million, representing 31.7% of its total turnover. Of this amount, EUR 225.83 million of Industrie De Nora's revenues was classified as EU Taxonomy-aligned, indicating that 25.8% 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).a
Industrie De Nora's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Eligible Turnover
Total Taxonomy Aligned Turnover
Have Industrie De Nora's revenues become more sustainable over time?
Compared to the previous year (2024), Industrie De Nora's taxonomy-aligned revenues increased by 35.79%,highlighting Industrie De Nora's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.a, b
How much of Industrie De Nora's revenue is eligible under the EU Taxonomy?
In 2025, Industrie De Nora reported that EUR 277.36 million of its revenue was eligible under the EU Taxonomy, representing 31.7% of the company's total turnover. Of this amount, EUR 225.83 million (25.8% of total revenue) was classified as Taxonomy-aligned. This means that 5.9% of Industrie De Nora'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
How much of Industrie De Nora's eligible revenue is aligned with the EU Taxonomy?
In 2025, Industrie De Nora reported that EUR 225.83 million of its revenue was aligned under the EU Taxonomy, representing 25.8% of its total turnover.a
This moderate level of alignment indicates that Industrie De Nora has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Industrie De Nora's Eligibility & Alignment Overview
Industrie De Nora's Contribution to Environmental Objectives
Total Taxonomy Aligned Turnover
How is Industrie De Nora's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2025, Industrie De Nora reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 11.5%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 14.3%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Industrie De Nora earn from selling climate-related solutions ?
In 2025, Industrie De Nora reported that EUR 100.62 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 11.5% of the company's total revenue,indicating that Industrie De Norahas a moderate focuson solutions that support climate action through its commercial activities.a
Insights into Industrie De Nora's CAPEX from Sustainable Activities
In 2025, Industrie De Nora reported EU Taxonomy-eligible CAPEX of EUR 59.50 million,representing 76.6% of its total CAPEX. Of this amount, EUR 48.01 million of Industrie De Nora's CAPEX was classified as EU Taxonomy-aligned, indicating that 61.8% 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
Industrie De Nora's Taxonomy-Eligible Capex Over Time
Total Taxonomy Eligible Capex
Total Taxonomy Aligned Capex
Have Industrie De Nora's increased its investment in sustainable activities over time?
Compared to the previous year (2024), Industrie De Nora's taxonomy-aligned CAPEX increased by 52.22%,highlighting Industrie De Nora's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.a, b
How much of Industrie De Nora's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2025, Industrie De Nora reported that EUR 59.50 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 76.6% of the company's total CAPEX. Of this amount, EUR 48.01 million (61.8% of total CAPEX) was classified as Taxonomy-aligned. This means that 14.8% of Industrie De Nora'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
How much of Industrie De Nora's eligible CAPEX is aligned with the EU Taxonomy?
In 2025, Industrie De Nora reported that EUR 48.01 million of its CAPEX was aligned under the EU Taxonomy, representing 61.8% of its total capital investment.a
This strong alignment suggests that Industrie De Nora is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Industrie De Nora's Eligibility & Alignment Overview
Industrie De Nora's Contribution to Environmental Objectives
Total Taxonomy Aligned Capex
How is Industrie De Nora's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2025, Industrie De Nora reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 46.3%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 15.5%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much Industrie De Nora is investing in climate-related solutions?
In 2025, Industrie De Nora allocated EUR 35.96 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 46.3% of the company's total capital expenditure,indicating that Industrie De Norais moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.a
Insights into Industrie De Nora's OPEX from Sustainable Activities
In 2025, Industrie De Nora reported EU Taxonomy-eligible OPEX of EUR 12.16 million,representing 43.4% of its total operating expenses (OPEX). Of this amount, EUR 7.45 million of Industrie De Nora's OPEX was classified as EU Taxonomy-aligned, indicating that 26.6% 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
Industrie De Nora's Taxonomy-Eligible Opex Over Time
Total Taxonomy Eligible Opex
Total Taxonomy Aligned Opex
Have Industrie De Nora's increased its spending in sustainable activities over time?
Compared to the previous year (2024), Industrie De Nora's taxonomy-aligned OPEX decreased by 7.64%, suggesting that Industrie De Nora may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.a, b
How much of Industrie De Nora's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2025, Industrie De Nora reported that EUR 12.16 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 43.4% of the company's total OPEX. Of this amount, EUR 7.45 million (26.6% of total OPEX) was classified as Taxonomy-aligned. This means that 16.8% of Industrie De Nora'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
How much of Industrie De Nora's eligible OPEX is aligned with the EU Taxonomy?
In 2025, Industrie De Nora reported that EUR 7.45 million of its OPEX was aligned under the EU Taxonomy, representing 26.6% of its total operational expenditure.a
This moderate level of alignment indicates that Industrie De Nora is beginning to shift operational priorities toward greener practices, with room for deeper integration.
Industrie De Nora's Eligibility & Alignment Overview
Industrie De Nora's Contribution to Environmental Objectives
Total Taxonomy Aligned Opex
How is Industrie De Nora's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2025, Industrie De Nora reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 20.1%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 6.5%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much of Industrie De Nora's operational budget supports climate-related solutions?
In 2025, Industrie De Nora allocated EUR 5.63 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 20.1% of the company's total OPEX,indicating that Industrie De Norais moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.a
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