In 2024, MOL Magyar Olaj es Gazipari 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.
MOL Magyar Olaj es Gazipari has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of MOL Magyar Olaj es Gazipari 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, MOL Magyar Olaj es Gazipari reported EU Taxonomy-eligible revenues of USD 2.34 billion, representing 9.3% of its total turnover. Of this amount, USD 118.00 million of MOL Magyar Olaj es Gazipari's revenues was classified as EU Taxonomy-aligned, indicating that 0.5% 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).
Compared to the previous year (2023), MOL Magyar Olaj es Gazipari's taxonomy-aligned revenues increased by 150%, highlighting MOL Magyar Olaj es Gazipari's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.
In 2024, MOL Magyar Olaj es Gazipari reported that USD 2.34 billion of its revenue was eligible under the EU Taxonomy, representing 9.3% of the company's total turnover. Of this amount, USD 118.00 million (0.5% of total revenue) was classified as Taxonomy-aligned. This means that 8.8% of MOL Magyar Olaj es Gazipari'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, MOL Magyar Olaj es Gazipari reported that USD 118.00 million of its revenue was aligned under the EU Taxonomy, representing 0.5% 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.
In 2024, MOL Magyar Olaj es Gazipari reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, MOL Magyar Olaj es Gazipari reported that USD 25.13 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 0.1% of the company's total revenue, indicating that MOL Magyar Olaj es Gazipari has limited exposure on solutions that support climate action through its commercial activities.
In 2024, MOL Magyar Olaj es Gazipari reported EU Taxonomy-eligible CAPEX of USD 436.80 million, representing 21% of its total CAPEX. Of this amount, USD 152.10 million of MOL Magyar Olaj es Gazipari's CAPEX was classified as EU Taxonomy-aligned, indicating that 7.3% 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).
Compared to the previous year (2023), MOL Magyar Olaj es Gazipari's taxonomy-aligned CAPEX decreased by 15.12%, suggesting that MOL Magyar Olaj es Gazipari may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
In 2024, MOL Magyar Olaj es Gazipari reported that USD 436.80 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 21% of the company's total CAPEX. Of this amount, USD 152.10 million (7.3% of total CAPEX) was classified as Taxonomy-aligned. This means that 13.7% of MOL Magyar Olaj es Gazipari'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, MOL Magyar Olaj es Gazipari reported that USD 152.10 million of its CAPEX was aligned under the EU Taxonomy, representing 7.3% of its total capital investment.
This low alignment reflects that MOL Magyar Olaj es Gazipari is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, MOL Magyar Olaj es Gazipari reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, MOL Magyar Olaj es Gazipari allocated USD 81.15 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 3.9% of the company's total capital expenditure, indicating that MOL Magyar Olaj es Gazipari has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.
In 2024, MOL Magyar Olaj es Gazipari reported EU Taxonomy-eligible OPEX of USD 468.60 million, representing 28.4% of its total operating expenses (OPEX). Of this amount, USD 91.30 million of MOL Magyar Olaj es Gazipari's OPEX was classified as EU Taxonomy-aligned, indicating that 5.5% 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).
Compared to the previous year (2023), MOL Magyar Olaj es Gazipari's taxonomy-aligned OPEX increased by 511.11%, highlighting MOL Magyar Olaj es Gazipari's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
In 2024, MOL Magyar Olaj es Gazipari reported that USD 468.60 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 28.4% of the company's total OPEX. Of this amount, USD 91.30 million (5.5% of total OPEX) was classified as Taxonomy-aligned. This means that 22.9% of MOL Magyar Olaj es Gazipari'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, MOL Magyar Olaj es Gazipari reported that USD 91.30 million of its OPEX was aligned under the EU Taxonomy, representing 5.5% of its total operational expenditure.
This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.
In 2024, MOL Magyar Olaj es Gazipari reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, MOL Magyar Olaj es Gazipari allocated USD 9.91 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.6% of the company's total OPEX, indicating that MOL Magyar Olaj es Gazipari has only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.