Pirelli & C SpA
Pirelli & C EU Taxonomy Data Preview
In 2024, Pirelli & C 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.
Pirelli & C has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Pirelli & C 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.
Insights into Pirelli & C's Revenues from Sustainable Activities
In 2024, Pirelli & C reported EU Taxonomy-eligible revenues of EUR 4.64 billion, representing 68.6% of its total turnover. Of this amount, EUR 2.42 billion of Pirelli & C's revenues was classified as EU Taxonomy-aligned, indicating that 35.8% 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).
Pirelli & C's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Pirelli & C's revenues become more sustainable over time?
Since 2022, Pirelli & C's taxonomy-aligned revenues increased by 43.2%, reflecting a sustained upward trend in environmentally sustainable revenue generation.
Compared to the previous year (2023), Pirelli & C's taxonomy-aligned revenues increased by 11.87%, highlighting Pirelli & C's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.
How much of Pirelli & C's revenue is eligible under the EU Taxonomy?
In 2024, Pirelli & C reported that EUR 4.64 billion of its revenue was eligible under the EU Taxonomy, representing 68.6% of the company's total turnover. Of this amount, EUR 2.42 billion (35.8% of total revenue) was classified as Taxonomy-aligned. This means that 32.8% of Pirelli & C'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 Pirelli & C's eligible revenue is aligned with the EU Taxonomy?
In 2024, Pirelli & C reported that EUR 2.42 billion of its revenue was aligned under the EU Taxonomy, representing 35.8% of its total turnover.
This moderate level of alignment indicates that Pirelli & C has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Pirelli & C's Eligibility & Alignment Overview
Pirelli & C's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Pirelli & C's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Pirelli & C reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 35.8%
- 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 Pirelli & C earn from selling climate-related solutions ?
In 2024, Pirelli & C reported that EUR 2.42 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 35.8% of the company's total revenue, indicating that Pirelli & C has a moderate focus on solutions that support climate action through its commercial activities.
Insights into Pirelli & C's CAPEX from Sustainable Activities
In 2024, Pirelli & C reported EU Taxonomy-eligible CAPEX of EUR 398.94 million, representing 74.8% of its total CAPEX. Of this amount, EUR 195.40 million of Pirelli & C's CAPEX was classified as EU Taxonomy-aligned, indicating that 36.6% 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).
Pirelli & C's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have Pirelli & C's increased its investment in sustainable activities over time?
Since 2022, Pirelli & C's taxonomy-aligned capital expenditure (CAPEX) increased by 46.4%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), Pirelli & C's taxonomy-aligned CAPEX increased by 7.65%, highlighting Pirelli & C's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.
How much of Pirelli & C's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Pirelli & C reported that EUR 398.94 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 74.8% of the company's total CAPEX. Of this amount, EUR 195.40 million (36.6% of total CAPEX) was classified as Taxonomy-aligned. This means that 38.1% of Pirelli & C'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).
How much of Pirelli & C's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Pirelli & C reported that EUR 195.40 million of its CAPEX was aligned under the EU Taxonomy, representing 36.6% of its total capital investment.
This moderate level of alignment indicates that Pirelli & C is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Pirelli & C's Eligibility & Alignment Overview
Pirelli & C's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is Pirelli & C's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Pirelli & C reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 36.62%
- 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 Pirelli & C is investing in climate-related solutions?
In 2024, Pirelli & C allocated EUR 195.43 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 36.62% of the company's total capital expenditure, indicating that Pirelli & C is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
Insights into Pirelli & C's OPEX from Sustainable Activities
In 2024, Pirelli & C reported EU Taxonomy-eligible OPEX of EUR 211.90 million, representing 55.4% of its total operating expenses (OPEX). Of this amount, EUR 132.49 million of Pirelli & C's OPEX was classified as EU Taxonomy-aligned, indicating that 34.7% 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).
Pirelli & C's Taxonomy-Eligible Opex Over Time
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have Pirelli & C's increased its spending in sustainable activities over time?
Since 2022, Pirelli & C's taxonomy-aligned operating expenditure (OPEX) increased by 50.87%, 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), Pirelli & C's taxonomy-aligned OPEX increased by 50.87%, highlighting Pirelli & C's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
How much of Pirelli & C's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Pirelli & C reported that EUR 211.90 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 55.4% of the company's total OPEX. Of this amount, EUR 132.49 million (34.7% of total OPEX) was classified as Taxonomy-aligned. This means that 20.8% of Pirelli & C'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).
How much of Pirelli & C's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Pirelli & C reported that EUR 132.49 million of its OPEX was aligned under the EU Taxonomy, representing 34.7% of its total operational expenditure.
This moderate level of alignment indicates that Pirelli & C is beginning to shift operational priorities toward greener practices, with room for deeper integration.
Pirelli & C's Eligibility & Alignment Overview
Pirelli & C's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
How is Pirelli & C's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Pirelli & C reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 34.7%
- 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 Pirelli & C's operational budget supports climate-related solutions?
In 2024, Pirelli & C allocated EUR 132.61 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 34.7% of the company's total OPEX, indicating that Pirelli & C is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.