Otovo ASA

Common Name
Otovo
Country
Norway
Sector
Technology
Industry
Solar
Employees
193
Ticker
OTOVO
Exchange
OSLO BORS
Description
Otovo ASA is a renewable energy company focused on providing solar power solutions across Europe. It specializes in facilitating the installation and management of solar panels for residential homes a...

Otovo EU Taxonomy Data Preview

In 2022, Otovo 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 with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.

Otovo has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Otovo 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
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0000000
Total Taxonomy Eligible A Turnover
0000000
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0000000
Total Taxonomy Non-Eligible B Turnover
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
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0000000
Total Taxonomy Eligible A Opex
0000000
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0000000
Total Taxonomy Non-Eligible B Opex
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
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0000000
Total Taxonomy Eligible A Capex
0000000
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0000000
Total Taxonomy Non-Eligible B Capex
0000000
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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 Otovo's Revenues from Sustainable Activities

In 2022, Otovo reported that 100% of its total turnover was EU Taxonomy-eligible. Of this, 100% was classified as EU Taxonomy-aligned, indicating that these revenue-generating activities 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 Otovo's revenue is eligible under the EU Taxonomy?

In 2022, Otovo reported that 100% of its total turnover was eligible under the EU Taxonomy. Of this, 100% of revenue was classified as Taxonomy-aligned. This means that 0% of Otovo'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 Otovo's eligible revenue is aligned with the EU Taxonomy?

In 2022, Otovo reported that 100% of its revenue was aligned under the EU Taxonomy.

This strong alignment suggests that Otovo has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.

Otovo's Eligibility & Alignment Overview

Total TaxonomyAligned A1 Turnover(100.0%)

Otovo's Contribution to Environmental Objectives

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

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

In 2022, Otovo reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 100%

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

In 2022, Otovo reported that 100% of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation), indicating that Otovo primarily focuses on solutions that support climate action through its commercial activities.