Magyar Telekom Tavkozlesi Nyrt

Common Name
Magyar Telekom Tavkozlesi
Country
Hungary
Sector
Communication Services
Industry
Telecom Services
Employees
6,704
Ticker
MTELEKOM
Exchange
BUDAPEST STOCK EXCHANGE
Description
Magyar Telekom Plc. Sponsored ADR represents shares of the leading telecom service provider based in Hungary. This American Depositary Receipt allows U.S. investors to access Magyar Telekom's shares, ...

Magyar Telekom Tavkozlesi EU Taxonomy Data Preview

In 2024, Magyar Telekom Tavkozlesi 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.

Magyar Telekom Tavkozlesi has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Magyar Telekom Tavkozlesi 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
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0000000
Total Taxonomy Eligible A Turnover
0000000
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0000000
Total Taxonomy Non-Eligible B Turnover
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
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0000000
Total Taxonomy Eligible A Opex
0000000
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0000000
Total Taxonomy Non-Eligible B Opex
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
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0000000
Total Taxonomy Eligible A Capex
0000000
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0000000
Total Taxonomy Non-Eligible B Capex
0000000
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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 Magyar Telekom Tavkozlesi's Revenues from Sustainable Activities

In 2024, Magyar Telekom Tavkozlesi reported EU Taxonomy-eligible revenues of HUF 14.72 billion, representing 1.52% of its total turnover. Of this amount, HUF 210.00 million of Magyar Telekom Tavkozlesi's revenues was classified as EU Taxonomy-aligned, indicating that 0.02% 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).

Magyar Telekom Tavkozlesi's Taxonomy-Eligible Turnover Over Time

2022202320240%0.4%0.8%1.2%1.6%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Magyar Telekom Tavkozlesi's revenues become more sustainable over time?

Since 2022, Magyar Telekom Tavkozlesi's taxonomy-aligned revenues remained relatively stable, suggesting that Magyar Telekom Tavkozlesi has neither significantly expanded nor reduced its sustainable revenue generation over the long term.

Compared to the previous year (2023), Magyar Telekom Tavkozlesi's taxonomy-aligned revenues increased by 100%, highlighting Magyar Telekom Tavkozlesi'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 Magyar Telekom Tavkozlesi's revenue is eligible under the EU Taxonomy?

In 2024, Magyar Telekom Tavkozlesi reported that HUF 14.72 billion of its revenue was eligible under the EU Taxonomy, representing 1.52% of the company's total turnover. Of this amount, HUF 210.00 million (0.02% of total revenue) was classified as Taxonomy-aligned. This means that 1.5% of Magyar Telekom Tavkozlesi'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 Magyar Telekom Tavkozlesi's eligible revenue is aligned with the EU Taxonomy?

In 2024, Magyar Telekom Tavkozlesi reported that HUF 210.00 million of its revenue was aligned under the EU Taxonomy, representing 0.02% of its total turnover.

This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.

Magyar Telekom Tavkozlesi's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(98.5%)Total TaxonomyAligned A1 Turnover(0.0%)Total TaxonomyEligible but NotAligned A2 Turnover(1.5%)

Magyar Telekom Tavkozlesi's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%0.01%0.01%0.02%0.02%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Magyar Telekom Tavkozlesi's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, Magyar Telekom Tavkozlesi reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 0.02%
  • 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 Magyar Telekom Tavkozlesi earn from selling climate-related solutions ?

In 2024, Magyar Telekom Tavkozlesi reported that HUF 193.50 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 0.02% of the company's total revenue, indicating that Magyar Telekom Tavkozlesi has limited exposure on solutions that support climate action through its commercial activities.

Insights into Magyar Telekom Tavkozlesi's CAPEX from Sustainable Activities

In 2024, Magyar Telekom Tavkozlesi reported EU Taxonomy-eligible CAPEX of HUF 0, representing 0% of its total CAPEX. Of this amount, HUF 0 of Magyar Telekom Tavkozlesi's CAPEX was classified as EU Taxonomy-aligned, indicating that 0% 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).

Insights into Magyar Telekom Tavkozlesi's OPEX from Sustainable Activities

In 2024, Magyar Telekom Tavkozlesi reported EU Taxonomy-eligible OPEX of HUF 0, representing 0% of its total operating expenses (OPEX). Of this amount, HUF 0 of Magyar Telekom Tavkozlesi'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).

Magyar Telekom Tavkozlesi's Taxonomy-Eligible Opex Over Time

2022202320240%0.04%0.08%0.12%0.16%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

Have Magyar Telekom Tavkozlesi's increased its spending in sustainable activities over time?

Since 2022, Magyar Telekom Tavkozlesi's taxonomy-aligned operating expenditure (OPEX) decreased by 100%, indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.

Compared to the previous year (2023), Magyar Telekom Tavkozlesi's taxonomy-aligned OPEX decreased by 100%, suggesting that Magyar Telekom Tavkozlesi may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.

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