In 2024, Mercedes-Benz Group 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.
Mercedes-Benz Group has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Mercedes-Benz Group 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, Mercedes-Benz Group reported EU Taxonomy-eligible revenues of EUR 143.83 billion, representing 99% of its total turnover. Of this amount, EUR 18.73 billion of Mercedes-Benz Group's revenues was classified as EU Taxonomy-aligned, indicating that 13% 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).
Since 2022, Mercedes-Benz Group's taxonomy-aligned revenues increased by 30%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), Mercedes-Benz Group's taxonomy-aligned revenues decreased by 7.14% , suggesting that Mercedes-Benz Group may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.
In 2024, Mercedes-Benz Group reported that EUR 143.83 billion of its revenue was eligible under the EU Taxonomy, representing 99% of the company's total turnover. Of this amount, EUR 18.73 billion (13% of total revenue) was classified as Taxonomy-aligned. This means that 86% of Mercedes-Benz Group'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, Mercedes-Benz Group reported that EUR 18.73 billion of its revenue was aligned under the EU Taxonomy, representing 13% of its total turnover.
This moderate level of alignment indicates that Mercedes-Benz Group has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
In 2024, Mercedes-Benz Group reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, Mercedes-Benz Group reported that EUR 18.93 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 13% of the company's total revenue, indicating that Mercedes-Benz Group has a moderate focus on solutions that support climate action through its commercial activities.
In 2024, Mercedes-Benz Group reported EU Taxonomy-eligible CAPEX of EUR 23.62 billion, representing 100% of its total CAPEX. Of this amount, EUR 7.12 billion of Mercedes-Benz Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 30% 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).
Since 2022, Mercedes-Benz Group's taxonomy-aligned capital expenditure (CAPEX) increased by 36.36%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), Mercedes-Benz Group's taxonomy-aligned CAPEX increased by 25%, highlighting Mercedes-Benz Group's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.
In 2024, Mercedes-Benz Group reported that EUR 23.62 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 100% of the company's total CAPEX. Of this amount, EUR 7.12 billion (30% of total CAPEX) was classified as Taxonomy-aligned. This means that 70% of Mercedes-Benz Group'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, Mercedes-Benz Group reported that EUR 7.12 billion of its CAPEX was aligned under the EU Taxonomy, representing 30% of its total capital investment.
This moderate level of alignment indicates that Mercedes-Benz Group is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, Mercedes-Benz Group reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, Mercedes-Benz Group allocated EUR 7.09 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 30% of the company's total capital expenditure, indicating that Mercedes-Benz Group is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
In 2024, Mercedes-Benz Group reported EU Taxonomy-eligible OPEX of EUR 6.63 billion, representing 100% of its total operating expenses (OPEX). Of this amount, EUR 2.37 billion of Mercedes-Benz Group's OPEX was classified as EU Taxonomy-aligned, indicating that 36% 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).
Since 2022, Mercedes-Benz Group's taxonomy-aligned operating expenditure (OPEX) increased by 2.86%, 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), Mercedes-Benz Group's taxonomy-aligned OPEX increased by 12.5%, highlighting Mercedes-Benz Group's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
In 2024, Mercedes-Benz Group reported that EUR 6.63 billion of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 100% of the company's total OPEX. Of this amount, EUR 2.37 billion (36% of total OPEX) was classified as Taxonomy-aligned. This means that 64% of Mercedes-Benz Group'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, Mercedes-Benz Group reported that EUR 2.37 billion of its OPEX was aligned under the EU Taxonomy, representing 36% of its total operational expenditure.
This moderate level of alignment indicates that Mercedes-Benz Group is beginning to shift operational priorities toward greener practices, with room for deeper integration.
In 2024, Mercedes-Benz Group reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, Mercedes-Benz Group allocated EUR 2.39 billion of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 36% of the company's total OPEX, indicating that Mercedes-Benz Group is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.