In 2024, Naturgy Energy 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.
Naturgy Energy Group has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Naturgy Energy 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, Naturgy Energy Group reported EU Taxonomy-eligible revenues of EUR 5.22 billion, representing 27% of its total turnover. Of this amount, EUR 2.89 billion of Naturgy Energy Group's revenues was classified as EU Taxonomy-aligned, indicating that 15% 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, Naturgy Energy Group's taxonomy-aligned revenues increased by 114.29%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), Naturgy Energy Group's taxonomy-aligned revenues increased by 36.36%, highlighting Naturgy Energy Group'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, Naturgy Energy Group reported that EUR 5.22 billion of its revenue was eligible under the EU Taxonomy, representing 27% of the company's total turnover. Of this amount, EUR 2.89 billion (15% of total revenue) was classified as Taxonomy-aligned. This means that 12% of Naturgy Energy 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, Naturgy Energy Group reported that EUR 2.89 billion of its revenue was aligned under the EU Taxonomy, representing 15% of its total turnover.
This moderate level of alignment indicates that Naturgy Energy Group has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
In 2024, Naturgy Energy Group reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, Naturgy Energy Group reported that EUR 2.89 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 15% of the company's total revenue, indicating that Naturgy Energy Group has a moderate focus on solutions that support climate action through its commercial activities.
In 2024, Naturgy Energy Group reported EU Taxonomy-eligible CAPEX of EUR 1.85 billion, representing 75% of its total CAPEX. Of this amount, EUR 1.69 billion of Naturgy Energy Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 69% 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, Naturgy Energy Group's taxonomy-aligned capital expenditure (CAPEX) increased by 16.95%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), Naturgy Energy Group's taxonomy-aligned CAPEX decreased by 6.76%, suggesting that Naturgy Energy Group may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
In 2024, Naturgy Energy Group reported that EUR 1.85 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 75% of the company's total CAPEX. Of this amount, EUR 1.69 billion (69% of total CAPEX) was classified as Taxonomy-aligned. This means that 7% of Naturgy Energy 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, Naturgy Energy Group reported that EUR 1.69 billion of its CAPEX was aligned under the EU Taxonomy, representing 69% of its total capital investment.
This strong alignment suggests that Naturgy Energy Group is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
In 2024, Naturgy Energy Group reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, Naturgy Energy Group allocated EUR 1.69 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 69% of the company's total capital expenditure, indicating that Naturgy Energy Group is prioritizing climate-focused investments as a central part of its overall capital strategy.
In 2024, Naturgy Energy Group reported EU Taxonomy-eligible OPEX of EUR 186.00 million, representing 44% of its total operating expenses (OPEX). Of this amount, EUR 137.00 million of Naturgy Energy Group's OPEX was classified as EU Taxonomy-aligned, indicating that 32% 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, Naturgy Energy Group's taxonomy-aligned operating expenditure (OPEX) decreased by 17.95%, 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), Naturgy Energy Group's taxonomy-aligned OPEX decreased by 17.95%, suggesting that Naturgy Energy Group may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.
In 2024, Naturgy Energy Group reported that EUR 186.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 44% of the company's total OPEX. Of this amount, EUR 137.00 million (32% of total OPEX) was classified as Taxonomy-aligned. This means that 12% of Naturgy Energy 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, Naturgy Energy Group reported that EUR 137.00 million of its OPEX was aligned under the EU Taxonomy, representing 32% of its total operational expenditure.
This moderate level of alignment indicates that Naturgy Energy Group is beginning to shift operational priorities toward greener practices, with room for deeper integration.
In 2024, Naturgy Energy Group reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, Naturgy Energy Group allocated EUR 136.32 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 32% of the company's total OPEX, indicating that Naturgy Energy Group is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.