Orkla ASA

Common Name

Orkla

Country

Norway

Sector

Consumer Defensive

Industry

Packaged Foods

Employees

20,471

Ticker

ORK

Exchange

OSLO BORS

Website

www.orkla.no

Description

Orkla ASA is a leading industrial investment company based in Norway, prominently engaging in branded consumer goods. Its core purpose is to develop robust and sustainable business models primarily fo... Show more

GHG Emissions Climate Targets EU Taxonomy Energy Waste Management

Orkla's EU Taxonomy Data Preview

In 2024, Orkla 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.

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

turnoveropexcapex

Metric (tonnes)	2025	2024	2023	2022 - 2017
Total Taxonomy Aligned A1 Turnover Portion of total company turnover generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
Total Taxonomy Eligible A Turnover Total turnover of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Total Taxonomy Non-Eligible B Turnover Total turnover of the company associated with activities that are not listed as eligible under the EU Taxonomy.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000

Metric (tonnes)	2025	2024	2023	2022 - 2017
Total Taxonomy Aligned A1 Opex Portion of total company OPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Total Taxonomy Eligible A Opex Total OPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Total Taxonomy Non-Eligible B Opex Total OPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Activity Level Taxonomy Aligned A1 Opex (3 activities)
7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment 7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings 7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies 7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000

Metric (tonnes)	2025	2024	2023	2022 - 2017
Total Taxonomy Aligned A1 Capex Portion of total company CAPEX generated from economic activities that are eligible under the EU Taxonomy and meet all alignment requirements, including substantial contribution, Do No Significant Harm (DNSH), and minimum safeguards.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Total Taxonomy Eligible A Capex Total CAPEX of the company associated with activities considered eligible under the EU Taxonomy, regardless of whether they meet alignment criteria.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Total Taxonomy Non-Eligible B Capex Total CAPEX of the company associated with activities that are not listed as eligible under the EU Taxonomy.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
Activity Level Taxonomy Aligned A1 Capex (8 activities)
3.2 CE - Renovation of existing buildings, 7.2 CCM/CCA - Renovation of existing buildings 3.2 CE - Renovation of existing buildings, 7.2 CCM/CCA - Renovation of existing buildings	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
4.16 CCM/CCA - Installation and operation of electric heat pumps 4.16 CCM/CCA - Installation and operation of electric heat pumps	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
4.25 CCM/CCA - Production of heat/cool using waste heat 4.25 CCM/CCA - Production of heat/cool using waste heat	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000
7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment 7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
7.4 CCM/CCA - Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings) 7.4 CCM/CCA - Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings)	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings 7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies 7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^b	Data available for purchase 0000000
7.7 CCM/CCA - Acquisition and ownership of buildings 7.7 CCM/CCA - Acquisition and ownership of buildings	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000

Verified Sources Behind Orkla’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 Orkla’s data sources below and access millions more through our Disclosure Search.

a. Orkla's Annual Report 2024

b. Orkla's Annual Report 2023

c. Orkla's Annual Report 2022

Insights into Orkla's Revenues from Sustainable Activities

In 2024, Orkla reported EU Taxonomy-eligible revenues of NOK 2.81 billion, representing 3.97% of its total turnover. Of this amount, NOK 3.98 million of Orkla's revenues was classified as EU Taxonomy-aligned, indicating that 0.01% 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

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

In 2024, Orkla reported that NOK 2.81 billion of its revenue was eligible under the EU Taxonomy, representing 3.97% of the company's total turnover. Of this amount, NOK 3.98 million (0.01% of total revenue) was classified as Taxonomy-aligned. This means that 3.97% of Orkla'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 Orkla's eligible revenue is aligned with the EU Taxonomy?

In 2024, Orkla reported that NOK 3.98 million of its revenue was aligned under the EU Taxonomy, representing 0.01% of its total turnover.^a

This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.

Orkla's Eligibility & Alignment Overview

Orkla's Contribution to Environmental Objectives

Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover

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

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

Climate Change Mitigation: 0%
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 Orkla earn from selling climate-related solutions ?

In 2024, Orkla reported that NOK 7,066 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 Orklahas limited exposureon solutions that support climate action through its commercial activities.^a

Insights into Orkla's CAPEX from Sustainable Activities

In 2024, Orkla reported EU Taxonomy-eligible CAPEX of NOK 498.09 million,representing 23.47% of its total CAPEX. Of this amount, NOK 76.63 million of Orkla's CAPEX was classified as EU Taxonomy-aligned, indicating that 3.61% 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

Orkla's Taxonomy-Eligible Capex Over Time

Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex

Have Orkla's increased its investment in sustainable activities over time?

Since 2022, Orkla's taxonomy-aligned capital expenditure (CAPEX)increased by 56.96%,pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.^{a, c}

Compared to the previous year (2023), Orkla's taxonomy-aligned CAPEX decreased by 42.7%,suggesting that Orkla 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 Orkla's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Orkla reported that NOK 498.09 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 23.47% of the company's total CAPEX. Of this amount, NOK 76.63 million (3.61% of total CAPEX) was classified as Taxonomy-aligned. This means that 19.86% of Orkla'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 Orkla's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Orkla reported that NOK 76.63 million of its CAPEX was aligned under the EU Taxonomy, representing 3.61% of its total capital investment.^a

This low alignment reflects that Orkla is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Orkla's Eligibility & Alignment Overview

Orkla's Contribution to Environmental Objectives

Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex

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

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

Climate Change Mitigation: 3.61%
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 Orkla is investing in climate-related solutions?

In 2024, Orkla allocated NOK 76.60 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 3.61% of the company's total capital expenditure,indicating that Orklahas only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.^a

Insights into Orkla's OPEX from Sustainable Activities

In 2024, Orkla reported EU Taxonomy-eligible OPEX of NOK 201.62 million,representing 14.6% of its total operating expenses (OPEX). Of this amount, NOK 2.23 million of Orkla's OPEX was classified as EU Taxonomy-aligned, indicating that 0.2% 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

Orkla's Taxonomy-Eligible Opex Over Time

Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex

Have Orkla's increased its spending in sustainable activities over time?

Since 2022, Orkla's taxonomy-aligned operating expenditure (OPEX)increased by 100%,pointing to a long-term trend of increased spending on environmentally sustainable operations and services recognized under the EU Taxonomy.^{a, c}

Compared to the previous year (2023), Orkla's taxonomy-aligned OPEX remained relatively stable, indicating that Orkla maintained consistent levels of sustainable operational expenditure, without significant changes in taxonomy-aligned activity coverage.^{a, b}

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

In 2024, Orkla reported that NOK 201.62 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 14.6% of the company's total OPEX. Of this amount, NOK 2.23 million (0.2% of total OPEX) was classified as Taxonomy-aligned. This means that 14.4% of Orkla'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 Orkla's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Orkla reported that NOK 2.23 million of its OPEX was aligned under the EU Taxonomy, representing 0.2% of its total operational expenditure.^a

This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.

Orkla's Eligibility & Alignment Overview

Orkla's Contribution to Environmental Objectives

Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex

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

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

Climate Change Mitigation: 0.2%
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 Orkla's operational budget supports climate-related solutions?

In 2024, Orkla allocated NOK 2.77 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.2% of the company's total OPEX,indicating that Orklahas only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.^a

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Orkla ASA

Orkla's EU Taxonomy Data Preview

Verified Sources Behind Orkla’s EU Taxonomy Data

Insights into Orkla's Revenues from Sustainable Activities

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

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

Orkla's Eligibility & Alignment Overview

Orkla's Contribution to Environmental Objectives

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

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

Insights into Orkla's CAPEX from Sustainable Activities

Orkla's Taxonomy-Eligible Capex Over Time

Have Orkla's increased its investment in sustainable activities over time?

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

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

Orkla's Eligibility & Alignment Overview

Orkla's Contribution to Environmental Objectives

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

How much Orkla is investing in climate-related solutions?

Insights into Orkla's OPEX from Sustainable Activities

Orkla's Taxonomy-Eligible Opex Over Time

Have Orkla's increased its spending in sustainable activities over time?

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

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

Orkla's Eligibility & Alignment Overview

Orkla's Contribution to Environmental Objectives

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

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

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