MIG Holdings SA
MIG Holdings's EU Taxonomy Data Preview
In 2022, MIG Holdings 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.
MIG Holdings has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of MIG Holdings 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 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Turnover | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Taxonomy Non-Eligible B Turnover | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Total Taxonomy Non-Eligible B Opex | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. a | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Taxonomy Eligible A Capex | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Taxonomy Non-Eligible B Capex | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
aVerified Sources Behind MIG Holdings’s EU Taxonomy Data
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Insights into MIG Holdings's Revenues from Sustainable Activities
In 2022, MIG Holdings reported EU Taxonomy-eligible revenues of EUR 509.21 million, representing 95% of its total turnover. Of this amount, EUR 0 of MIG Holdings'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). a
Insights into MIG Holdings's CAPEX from Sustainable Activities
In 2022, MIG Holdings reported EU Taxonomy-eligible CAPEX of EUR 51.40 million, representing 94% of its total CAPEX. Of this amount, EUR 4.51 million of MIG Holdings's CAPEX was classified as EU Taxonomy-aligned, indicating that 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
How much of MIG Holdings's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2022, MIG Holdings reported that EUR 51.40 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 94% of the company's total CAPEX. Of this amount, EUR 4.51 million (8% of total CAPEX) was classified as Taxonomy-aligned. This means that 86% of MIG Holdings'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 MIG Holdings's eligible CAPEX is aligned with the EU Taxonomy?
In 2022, MIG Holdings reported that EUR 4.51 million of its CAPEX was aligned under the EU Taxonomy, representing 8% of its total capital investment. a
This low alignment reflects that MIG Holdings is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
MIG Holdings's Eligibility & Alignment Overview
MIG Holdings's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is MIG Holdings's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2022, MIG Holdings reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives a :
- Climate Change Mitigation: 8%
How much MIG Holdings is investing in climate-related solutions?
In 2022, MIG Holdings allocated EUR 4.35 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 8% of the company's total capital expenditure, indicating that MIG Holdings has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives. a
Insights into MIG Holdings's OPEX from Sustainable Activities
In 2022, MIG Holdings reported EU Taxonomy-eligible OPEX of EUR 44.71 million, representing 95% of its total operating expenses (OPEX). Of this amount, EUR 0 of MIG Holdings'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). a