Kesko Oyj

Common Name
Kesko
Country
Finland
Sector
Consumer Defensive
Industry
Grocery Stores
Employees
18,382
Ticker
KESKOB
Exchange
NASDAQ HELSINKI LTD
Description
Kesko Oyj is a leading Finnish retail company that operates in the food, building, and technical trade sectors. Its primary function is to serve a diverse range of consumers and businesses through a n...

Kesko EU Taxonomy Data Preview

In 2024, Kesko 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.

Kesko has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Kesko are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

Metric (tonnes)2024202320222021 - 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)2024202320222021 - 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)2024202320222021 - 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 Kesko's Revenues from Sustainable Activities

In 2024, Kesko reported EU Taxonomy-eligible revenues of EUR 347.70 million, representing 2.9% of its total turnover. Of this amount, EUR 0 of Kesko's revenues was classified as EU Taxonomy-aligned, indicating that 0% 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).

Insights into Kesko's CAPEX from Sustainable Activities

In 2024, Kesko reported EU Taxonomy-eligible CAPEX of EUR 846.10 million, representing 75.9% of its total CAPEX. Of this amount, EUR 173.60 million of Kesko's CAPEX was classified as EU Taxonomy-aligned, indicating that 15.6% 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).

Kesko's Taxonomy-Eligible Capex Over Time

2022202320240%20%40%60%80%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

Have Kesko's increased its investment in sustainable activities over time?

Since 2022, Kesko's taxonomy-aligned capital expenditure (CAPEX) decreased by 23.15%, indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.

Compared to the previous year (2023), Kesko's taxonomy-aligned CAPEX increased by 41.82%, highlighting Kesko's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.

How much of Kesko's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Kesko reported that EUR 846.10 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 75.9% of the company's total CAPEX. Of this amount, EUR 173.60 million (15.6% of total CAPEX) was classified as Taxonomy-aligned. This means that 60.3% of Kesko'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 Kesko's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Kesko reported that EUR 173.60 million of its CAPEX was aligned under the EU Taxonomy, representing 15.6% of its total capital investment.

This moderate level of alignment indicates that Kesko is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Kesko's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(24.1%)Total TaxonomyAligned A1 Capex(15.6%)Total TaxonomyEligible but NotAligned A2 Capex(60.3%)

Kesko's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%20%40%60%80%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is Kesko's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, Kesko reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 15.6%
  • 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 Kesko is investing in climate-related solutions?

In 2024, Kesko allocated EUR 173.96 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 15.6% of the company's total capital expenditure, indicating that Kesko is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.

Insights into Kesko's OPEX from Sustainable Activities

In 2024, Kesko reported EU Taxonomy-eligible OPEX of EUR 64.60 million, representing 100% of its total operating expenses (OPEX). Of this amount, EUR 0 of Kesko's OPEX was classified as EU Taxonomy-aligned, indicating that 0% 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).

Want Full Access to Kesko's EU Taxonomy Dataset?
Sign Up