NRC Group ASA is a leading infrastructure company specializing in the design, construction, and maintenance of transport-related infrastructure throughout the Nordic region. Headquartered in Lysaker, ... NRC Group ASA is a leading infrastructure company specializing in the design, construction, and maintenance of transport-related infrastructure throughout the Nordic region. Headquartered in Lysaker, Norway, the company operates primarily in Norway, Sweden, and Finland, delivering comprehensive services across major sectors such as rail, light rail, civil engineering, and environmental solutions. Its offerings encompass groundwork, specialized trackwork, electro and signaling systems, demolition, recycling, wastewater, sewage services, and mass transport. NRC Group ASA is recognized for managing intricate infrastructure projects, including railway construction and maintenance, bridge and crossing development, and electrical installations for rail, metro, and light rail networks. With a strong emphasis on sustainability, the company pursues projects that support long-term environmental and social benefits, leveraging innovation and emerging technologies in its operations. NRC Group ASA employs over 1,700 people and plays a pivotal role in advancing the Nordic region’s transport infrastructure, fostering improved connectivity and sustainable urban development.
In 2024, NRC 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.
NRC Group has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of NRC 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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2024
2023
2022
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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6.13 CCM/CCA - Infrastructure for personal mobility, cycle logistics
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6.14 CCM/CCA - Infrastructure for rail transport
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6.15 CCA - Infrastructure enabling road transport and public transport
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6.6 CCM/CCA - Freight transport services by road
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Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Opex
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c
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Total Taxonomy Eligible A Opex
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Total Taxonomy Non-Eligible B Opex
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6.13 CCM/CCA - Infrastructure for personal mobility, cycle logistics
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6.14 CCM/CCA - Infrastructure for rail transport
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6.15 CCA - Infrastructure enabling road transport and public transport
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6.6 CCM/CCA - Freight transport services by road
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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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3.3 CE - Demolition and wrecking of buildings and other structures
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6.14 CCM/CCA - Infrastructure for rail transport
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6.15 CCA - Infrastructure enabling road transport and public transport
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b
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6.6 CCM/CCA - Freight transport services by road
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b
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Limited Data Preview
You are viewing a limited preview of NRC 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 2022.
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Verified Sources Behind NRC 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 NRC Group’s data sources below and access millions more through our Disclosure Search.
a. NRC Group's Annual Report 2024
b. NRC Group's EU Taxonomy Report 2023
c. NRC Group's Sustainability Report 2022
Insights into NRC Group's Revenues from Sustainable Activities
In 2024, NRC Group reported EU Taxonomy-eligible revenues of NOK 6.87 billion, representing 100% of its total turnover. Of this amount, NOK 1.88 billion of NRC Group's revenues was classified as EU Taxonomy-aligned, indicating that 27% 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
NRC Group's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have NRC Group's revenues become more sustainable over time?
Since 2022, NRC Group's taxonomy-aligned revenues decreased by 59.7%, indicating a long-term decline in environmentally sustainable revenue performance.a, c
Compared to the previous year (2023), NRC Group's taxonomy-aligned revenues decreased by 62.5%, suggesting that NRC 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 NRC Group's revenue is eligible under the EU Taxonomy?
In 2024, NRC Group reported that NOK 6.87 billion of its revenue was eligible under the EU Taxonomy, representing 100% of the company's total turnover. Of this amount, NOK 1.88 billion (27% of total revenue) was classified as Taxonomy-aligned. This means that 72% of NRC 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 NRC Group's eligible revenue is aligned with the EU Taxonomy?
In 2024, NRC Group reported that NOK 1.88 billion of its revenue was aligned under the EU Taxonomy, representing 27% of its total turnover.a
This moderate level of alignment indicates that NRC Group has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
NRC Group's Eligibility & Alignment Overview
NRC Group's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is NRC Group's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, NRC Group reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 27%
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 NRC Group earn from selling climate-related solutions ?
In 2024, NRC Group reported that NOK 1.86 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 27% of the company's total revenue,indicating that NRC Grouphas a moderate focuson solutions that support climate action through its commercial activities.a
Insights into NRC Group's CAPEX from Sustainable Activities
In 2024, NRC Group reported EU Taxonomy-eligible CAPEX of NOK 161.00 million,representing 97% of its total CAPEX. Of this amount, NOK 24.00 million of NRC Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 15% 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
NRC Group's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have NRC Group's increased its investment in sustainable activities over time?
Since 2022, NRC Group's taxonomy-aligned capital expenditure (CAPEX)decreased by 79.45%,indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.a, c
Compared to the previous year (2023), NRC Group's taxonomy-aligned CAPEX decreased by 80.26%,suggesting that NRC 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 NRC Group's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, NRC Group reported that NOK 161.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 97% of the company's total CAPEX. Of this amount, NOK 24.00 million (15% of total CAPEX) was classified as Taxonomy-aligned. This means that 82% of NRC 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 NRC Group's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, NRC Group reported that NOK 24.00 million of its CAPEX was aligned under the EU Taxonomy, representing 15% of its total capital investment.a
This moderate level of alignment indicates that NRC Group is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
NRC Group's Eligibility & Alignment Overview
NRC Group's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is NRC Group's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, NRC Group reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 15%
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 NRC Group is investing in climate-related solutions?
In 2024, NRC Group allocated NOK 24.90 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 15% of the company's total capital expenditure,indicating that NRC Groupis moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.a
Insights into NRC Group's OPEX from Sustainable Activities
In 2024, NRC Group reported EU Taxonomy-eligible OPEX of NOK 231.00 million,representing 99% of its total operating expenses (OPEX). Of this amount, NOK 33.00 million of NRC Group's OPEX was classified as EU Taxonomy-aligned, indicating that 14% 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
NRC Group's Taxonomy-Eligible Opex Over Time
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have NRC Group's increased its spending in sustainable activities over time?
Since 2022, NRC Group's taxonomy-aligned operating expenditure (OPEX)decreased by 79.1%,indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.a, c
Compared to the previous year (2023), NRC Group's taxonomy-aligned OPEX decreased by 81.08%, suggesting that NRC 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 NRC Group's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, NRC Group reported that NOK 231.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 99% of the company's total OPEX. Of this amount, NOK 33.00 million (14% of total OPEX) was classified as Taxonomy-aligned. This means that 85% of NRC 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 NRC Group's eligible OPEX is aligned with the EU Taxonomy?
In 2024, NRC Group reported that NOK 33.00 million of its OPEX was aligned under the EU Taxonomy, representing 14% of its total operational expenditure.a
This moderate level of alignment indicates that NRC Group is beginning to shift operational priorities toward greener practices, with room for deeper integration.
NRC Group's Eligibility & Alignment Overview
NRC Group's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is NRC Group's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, NRC Group reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 14%
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 NRC Group's operational budget supports climate-related solutions?
In 2024, NRC Group allocated NOK 32.62 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 14% of the company's total OPEX,indicating that NRC Groupis moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.a
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