OX2 AB (publ) develops and sells wind farms and solar parks. It operates in Sweden, Finland, France, Italy, Lithuania, Norway, Poland, Romania, Estonia, Åland, and Spain. The company was formerly know... OX2 AB (publ) develops and sells wind farms and solar parks. It operates in Sweden, Finland, France, Italy, Lithuania, Norway, Poland, Romania, Estonia, Åland, and Spain. The company was formerly known as OX2 Wind AB and changed its name to OX2 AB (publ) in February 2019. The company was incorporated in 2004 and is headquartered in Stockholm, Sweden. As of September 24, 2024, OX2 AB (publ) was taken private.
In 2024, OX2 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.
OX2 has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of OX2 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
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Total Taxonomy Eligible A Turnover
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Total Taxonomy Non-Eligible B Turnover
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4.10 CCM/CCA - Storage of electricity
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4.3 CCM/CCA - Electricity generation from wind power
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2024
2023
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2021 - 2017
Total Taxonomy Aligned A1 Opex
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Total Taxonomy Eligible A Opex
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Total Taxonomy Non-Eligible B Opex
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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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4.1 CCM/CCA - Electricity generation using solar photovoltaic technology
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Limited Data Preview
You are viewing a limited preview of OX2’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 undefined.
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Verified Sources Behind OX2’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 OX2’s data sources below and access millions more through our Disclosure Search.
a. OX2's Annual Report 2024
b. OX2's Annual Report 2023
Insights into OX2's Revenues from Sustainable Activities
In 2024, OX2 reported EU Taxonomy-eligible revenues of SEK 5.51 billion, representing 90% of its total turnover. Of this amount, SEK 5.31 billion of OX2's revenues was classified as EU Taxonomy-aligned, indicating that 86% 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
OX2's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have OX2's revenues become more sustainable over time?
Compared to the previous year (2023), OX2's taxonomy-aligned revenues increased by 514.29%,highlighting OX2's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.a, b
How much of OX2's revenue is eligible under the EU Taxonomy?
In 2024, OX2 reported that SEK 5.51 billion of its revenue was eligible under the EU Taxonomy, representing 90% of the company's total turnover. Of this amount, SEK 5.31 billion (86% of total revenue) was classified as Taxonomy-aligned. This means that 3% of OX2'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 OX2's eligible revenue is aligned with the EU Taxonomy?
In 2024, OX2 reported that SEK 5.31 billion of its revenue was aligned under the EU Taxonomy, representing 86% of its total turnover.a
This strong alignment suggests that OX2 has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.
OX2's Eligibility & Alignment Overview
OX2's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is OX2's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, OX2 reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 86%
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 OX2 earn from selling climate-related solutions ?
In 2024, OX2 reported that SEK 5.28 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 86% of the company's total revenue,indicating that OX2primarily focuseson solutions that support climate action through its commercial activities.a
Insights into OX2's CAPEX from Sustainable Activities
In 2024, OX2 reported EU Taxonomy-eligible CAPEX of SEK 189.00 million,representing 96% of its total CAPEX. Of this amount, SEK 189.00 million of OX2's CAPEX was classified as EU Taxonomy-aligned, indicating that 96% 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
How much of OX2's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, OX2 reported that SEK 189.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 96% of the company's total CAPEX. Of this amount, SEK 189.00 million (96% of total CAPEX) was classified as Taxonomy-aligned. This means that 0% of OX2'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 OX2's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, OX2 reported that SEK 189.00 million of its CAPEX was aligned under the EU Taxonomy, representing 96% of its total capital investment.a
This strong alignment suggests that OX2 is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
OX2's Eligibility & Alignment Overview
OX2's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is OX2's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, OX2 reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 96%
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 OX2 is investing in climate-related solutions?
In 2024, OX2 allocated SEK 189.12 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 96% of the company's total capital expenditure,indicating that OX2is prioritizing climate-focused investments as a central part of its overall capital strategy.a
Insights into OX2's OPEX from Sustainable Activities
In 2024, OX2 reported that 0% of its its total operating expenses (OPEX) was EU Taxonomy-eligible. Of this, 0% was classified as EU Taxonomy-aligned, indicating that these operating 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).
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