Norbit ASA

Common Name
Norbit
Country
Norway
Sector
Technology
Industry
Scientific & Technical Instruments
Employees
502
Ticker
NORBT
Exchange
OSLO BORS
Website
norbit.com
Description
Norbit ASA is a global technology company known for developing and delivering high-tech solutions for various industries. Specializing in products and systems for the maritime, subsea, and industrial ...

Norbit EU Taxonomy Data Preview

In 2024, Norbit 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.

Norbit has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Norbit are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

Metric (tonnes)2024202320222021 - 2017
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)2024202320222021 - 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)2024202320222021 - 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.

Insights into Norbit's Revenues from Sustainable Activities

In 2024, Norbit reported EU Taxonomy-eligible revenues of NOK 1.70 billion, representing 96.8% of its total turnover. Of this amount, NOK 380.10 million of Norbit's revenues was classified as EU Taxonomy-aligned, indicating that 21.7% 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).

How much of Norbit's revenue is eligible under the EU Taxonomy?

In 2024, Norbit reported that NOK 1.70 billion of its revenue was eligible under the EU Taxonomy, representing 96.8% of the company's total turnover. Of this amount, NOK 380.10 million (21.7% of total revenue) was classified as Taxonomy-aligned. This means that 75.1% of Norbit'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.

How much of Norbit's eligible revenue is aligned with the EU Taxonomy?

In 2024, Norbit reported that NOK 380.10 million of its revenue was aligned under the EU Taxonomy, representing 21.7% of its total turnover.

This moderate level of alignment indicates that Norbit has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.

Norbit's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(3.2%)Total TaxonomyAligned A1 Turnover(21.7%)Total TaxonomyEligible but NotAligned A2 Turnover(75.1%)

Norbit's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%20%40%60%80%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Norbit's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, Norbit reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 0%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 21.7%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much revenue does Norbit earn from selling climate-related solutions ?

In 2024, Norbit reported that NOK 0 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% of the company's total revenue, indicating that Norbit has limited exposure on solutions that support climate action through its commercial activities.

Insights into Norbit's CAPEX from Sustainable Activities

In 2024, Norbit reported EU Taxonomy-eligible CAPEX of NOK 197.60 million, representing 94.4% of its total CAPEX. Of this amount, NOK 66.40 million of Norbit's CAPEX was classified as EU Taxonomy-aligned, indicating that 31.7% 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).

How much of Norbit's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Norbit reported that NOK 197.60 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 94.4% of the company's total CAPEX. Of this amount, NOK 66.40 million (31.7% of total CAPEX) was classified as Taxonomy-aligned. This means that 62.7% of Norbit'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).

How much of Norbit's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Norbit reported that NOK 66.40 million of its CAPEX was aligned under the EU Taxonomy, representing 31.7% of its total capital investment.

This moderate level of alignment indicates that Norbit is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Norbit's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(5.6%)Total TaxonomyAligned A1 Capex(31.7%)Total TaxonomyEligible but NotAligned A2 Capex(62.7%)

Norbit's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%8%16%24%32%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is Norbit's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, Norbit reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 0%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 31.7%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much Norbit is investing in climate-related solutions?

In 2024, Norbit allocated NOK 0 of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0% of the company's total capital expenditure, indicating that Norbit has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.

Insights into Norbit's OPEX from Sustainable Activities

In 2024, Norbit reported EU Taxonomy-eligible OPEX of NOK 9.63 million, representing 91.1% of its total operating expenses (OPEX). Of this amount, NOK 1.13 million of Norbit's OPEX was classified as EU Taxonomy-aligned, indicating that 10.7% 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).

How much of Norbit's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2024, Norbit reported that NOK 9.63 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 91.1% of the company's total OPEX. Of this amount, NOK 1.13 million (10.7% of total OPEX) was classified as Taxonomy-aligned. This means that 80.4% of Norbit'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).

How much of Norbit's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Norbit reported that NOK 1.13 million of its OPEX was aligned under the EU Taxonomy, representing 10.7% of its total operational expenditure.

This moderate level of alignment indicates that Norbit is beginning to shift operational priorities toward greener practices, with room for deeper integration.

Norbit's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(8.9%)Total TaxonomyAligned A1 Opex(10.7%)Total TaxonomyEligible but NotAligned A2 Opex(80.4%)

Norbit's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%25%50%75%100%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

How is Norbit's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2024, Norbit reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 0%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 10.7%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much of Norbit's operational budget supports climate-related solutions?

In 2024, Norbit allocated NOK 0 of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0% of the company's total OPEX, indicating that Norbit 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.