In 2024, NV Bekaert 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.
NV Bekaert has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of NV Bekaert 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 |
---|---|---|---|---|
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, NV Bekaert reported EU Taxonomy-eligible revenues of EUR 1.96 billion, representing 50% of its total turnover. Of this amount, EUR 1.80 billion of NV Bekaert's revenues was classified as EU Taxonomy-aligned, indicating that 45% 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, NV Bekaert's taxonomy-aligned revenues increased by 4,400%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), NV Bekaert's taxonomy-aligned revenues increased by 7.14%, highlighting NV Bekaert'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, NV Bekaert reported that EUR 1.96 billion of its revenue was eligible under the EU Taxonomy, representing 50% of the company's total turnover. Of this amount, EUR 1.80 billion (45% of total revenue) was classified as Taxonomy-aligned. This means that 4% of NV Bekaert'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, NV Bekaert reported that EUR 1.80 billion of its revenue was aligned under the EU Taxonomy, representing 45% of its total turnover.
This moderate level of alignment indicates that NV Bekaert has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
In 2024, NV Bekaert reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, NV Bekaert reported that EUR 1.78 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 45% of the company's total revenue, indicating that NV Bekaert has a moderate focus on solutions that support climate action through its commercial activities.
In 2024, NV Bekaert reported EU Taxonomy-eligible CAPEX of EUR 134.87 million, representing 64% of its total CAPEX. Of this amount, EUR 86.40 million of NV Bekaert's CAPEX was classified as EU Taxonomy-aligned, indicating that 41% 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, NV Bekaert's taxonomy-aligned capital expenditure (CAPEX) increased by 1,950%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), NV Bekaert's taxonomy-aligned CAPEX increased by 5.13%, highlighting NV Bekaert's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.
In 2024, NV Bekaert reported that EUR 134.87 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 64% of the company's total CAPEX. Of this amount, EUR 86.40 million (41% of total CAPEX) was classified as Taxonomy-aligned. This means that 23% of NV Bekaert'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, NV Bekaert reported that EUR 86.40 million of its CAPEX was aligned under the EU Taxonomy, representing 41% of its total capital investment.
This moderate level of alignment indicates that NV Bekaert is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, NV Bekaert reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, NV Bekaert allocated EUR 86.85 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 41% of the company's total capital expenditure, indicating that NV Bekaert is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
In 2024, NV Bekaert reported EU Taxonomy-eligible OPEX of EUR 90.02 million, representing 52% of its total operating expenses (OPEX). Of this amount, EUR 66.70 million of NV Bekaert's OPEX was classified as EU Taxonomy-aligned, indicating that 38% 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, NV Bekaert's taxonomy-aligned operating expenditure (OPEX) increased by 850%, pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.
Compared to the previous year (2023), NV Bekaert's taxonomy-aligned OPEX increased by 8.57%, highlighting NV Bekaert's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
In 2024, NV Bekaert reported that EUR 90.02 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 52% of the company's total OPEX. Of this amount, EUR 66.70 million (38% of total OPEX) was classified as Taxonomy-aligned. This means that 13% of NV Bekaert'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, NV Bekaert reported that EUR 66.70 million of its OPEX was aligned under the EU Taxonomy, representing 38% of its total operational expenditure.
This moderate level of alignment indicates that NV Bekaert is beginning to shift operational priorities toward greener practices, with room for deeper integration.
In 2024, NV Bekaert reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, NV Bekaert allocated EUR 66.16 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 38% of the company's total OPEX, indicating that NV Bekaert is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.