Munters Group AB is a Swedish industrial company specializing in advanced climate control solutions for mission-critical applications across a broad spectrum of industries. The company develops and su... Munters Group AB is a Swedish industrial company specializing in advanced climate control solutions for mission-critical applications across a broad spectrum of industries. The company develops and supplies energy-efficient systems for dehumidification, air treatment, and precise humidity and temperature management, serving sectors such as food production, pharmaceuticals, data center cooling, and agriculture. Munters Group AB operates through three primary business areas: AirTech, providing holistic solutions for indoor climate control; Data Center Technologies, delivering innovative cooling systems for IT infrastructure; and FoodTech, optimizing environments for livestock and greenhouse cultivation. With a focus on sustainability, Munters Group AB integrates resource efficiency, digitalization, and smart connectivity into its products, aiming to minimize energy consumption, reduce waste, and support decarbonization efforts. The company’s deep expertise in application-specific climate control, combined with a global presence and strong customer collaboration, positions it as a leader in markets where precise environmental conditions are essential for operational success and product quality. Founded in 1955 and headquartered in Stockholm, Munters Group AB continues to drive innovation through continuous investment in core technologies and a commitment to delivering tailored, sustainable solutions for complex industrial challenges.
In 2024, Munters 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.
Munters Group has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Munters Group are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
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2021 - 2017
Total Taxonomy Aligned A1 Turnover
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Total Taxonomy Eligible A Turnover
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Total Taxonomy Non-Eligible B Turnover
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3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings
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3.6 CCM/CCA - Manufacture of other low carbon technologies
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7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Opex
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Total Taxonomy Eligible A Opex
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Total Taxonomy Non-Eligible B Opex
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3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings
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3.6 CCM/CCA - Manufacture of other low carbon technologies
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7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Capex
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Total Taxonomy Eligible A Capex
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Total Taxonomy Non-Eligible B Capex
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3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings
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3.6 CCM/CCA - Manufacture of other low carbon technologies
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Limited Data Preview
You are viewing a limited preview of Munters Group’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories (A1, A2, A, B, and A+B), at both aggregate and activity level, with historical coverage back to 2021.
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Verified Sources Behind Munters Group’s EU Taxonomy Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Munters Group’s data sources below and access millions more through our Disclosure Search.
a. Munters Group's Annual Report 2024
b. Munters Group's Annual Report 2023
c. Munters Group's Annual Report 2022
Insights into Munters Group's Revenues from Sustainable Activities
In 2024, Munters Group reported EU Taxonomy-eligible revenues of SEK 6.73 billion, representing 44% of its total turnover. Of this amount, SEK 4.65 billion of Munters Group's revenues was classified as EU Taxonomy-aligned, indicating that 30% 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
Munters Group's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Munters Group's revenues become more sustainable over time?
Compared to the previous year (2023), Munters Group's taxonomy-aligned revenues decreased by 14.29%, suggesting that Munters Group may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.a, b
How much of Munters Group's revenue is eligible under the EU Taxonomy?
In 2024, Munters Group reported that SEK 6.73 billion of its revenue was eligible under the EU Taxonomy, representing 44% of the company's total turnover. Of this amount, SEK 4.65 billion (30% of total revenue) was classified as Taxonomy-aligned. This means that 13% of Munters 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.a
How much of Munters Group's eligible revenue is aligned with the EU Taxonomy?
In 2024, Munters Group reported that SEK 4.65 billion of its revenue was aligned under the EU Taxonomy, representing 30% of its total turnover.a
This moderate level of alignment indicates that Munters Group has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Munters Group's Eligibility & Alignment Overview
Munters Group's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Munters Group's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Munters Group reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 30%
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 Munters Group earn from selling climate-related solutions ?
In 2024, Munters Group reported that SEK 4.64 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 30% of the company's total revenue,indicating that Munters Grouphas a moderate focuson solutions that support climate action through its commercial activities.a
Insights into Munters Group's CAPEX from Sustainable Activities
In 2024, Munters Group reported EU Taxonomy-eligible CAPEX of SEK 973.00 million,representing 25% of its total CAPEX. Of this amount, SEK 809.00 million of Munters Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 21% 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
Munters Group's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have Munters Group's increased its investment in sustainable activities over time?
Compared to the previous year (2023), Munters Group's taxonomy-aligned CAPEX decreased by 56.25%,suggesting that Munters Group may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.a, b
How much of Munters Group's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Munters Group reported that SEK 973.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 25% of the company's total CAPEX. Of this amount, SEK 809.00 million (21% of total CAPEX) was classified as Taxonomy-aligned. This means that 4% of Munters 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).a
How much of Munters Group's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Munters Group reported that SEK 809.00 million of its CAPEX was aligned under the EU Taxonomy, representing 21% of its total capital investment.a
This moderate level of alignment indicates that Munters Group is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Munters Group's Eligibility & Alignment Overview
Munters Group's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is Munters Group's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Munters Group reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 21%
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 Munters Group is investing in climate-related solutions?
In 2024, Munters Group allocated SEK 804.72 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 21% of the company's total capital expenditure,indicating that Munters Groupis moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.a
Insights into Munters Group's OPEX from Sustainable Activities
In 2024, Munters Group reported EU Taxonomy-eligible OPEX of SEK 181.00 million,representing 45% of its total operating expenses (OPEX). Of this amount, SEK 119.00 million of Munters Group's OPEX was classified as EU Taxonomy-aligned, indicating that 29% 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
Munters Group's Taxonomy-Eligible Opex Over Time
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have Munters Group's increased its spending in sustainable activities over time?
Compared to the previous year (2023), Munters Group's taxonomy-aligned OPEX decreased by 21.62%, suggesting that Munters Group may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.a, b
How much of Munters Group's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Munters Group reported that SEK 181.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 45% of the company's total OPEX. Of this amount, SEK 119.00 million (29% of total OPEX) was classified as Taxonomy-aligned. This means that 16% of Munters 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).a
How much of Munters Group's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Munters Group reported that SEK 119.00 million of its OPEX was aligned under the EU Taxonomy, representing 29% of its total operational expenditure.a
This moderate level of alignment indicates that Munters Group is beginning to shift operational priorities toward greener practices, with room for deeper integration.
Munters Group's Eligibility & Alignment Overview
Munters Group's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is Munters Group's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Munters Group reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 29%
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 of Munters Group's operational budget supports climate-related solutions?
In 2024, Munters Group allocated SEK 117.16 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 29% of the company's total OPEX,indicating that Munters Groupis moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.a
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