Polestar Automotive Holding UK PLC

Common Name
Polestar Automotive Holding
Country
Sweden
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
2,515
Ticker
PSNY
Exchange
NASDAQ/NMS
Description
Polestar Automotive Holding UK PLC ADS represents the American Depository Shares of Polestar, a Swedish automotive manufacturer that specializes in high-performance electric vehicles. The primary func...

Polestar Automotive Holding's EU Taxonomy Data Preview

In 2023, Polestar Automotive Holding 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.

Polestar Automotive Holding has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Polestar Automotive Holding 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
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Total Taxonomy Eligible A Turnover
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Total Taxonomy Non-Eligible B Turnover
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Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
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0000000
Total Taxonomy Eligible A Opex
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Total Taxonomy Non-Eligible B Opex
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Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
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0000000
Total Taxonomy Eligible A Capex
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Total Taxonomy Non-Eligible B Capex
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Verified Sources Behind Polestar Automotive Holding’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 Polestar Automotive Holding’s data sources below and access millions more through our Disclosure Search.

a. Polestar Automotive Holding's EU Taxonomy Report 2023
a. Polestar Automotive Holding's EU Taxonomy Report 2023
b. Polestar Automotive Holding's Sustainability Report 2022
b. Polestar Automotive Holding's Sustainability Report 2022

Insights into Polestar Automotive Holding's Revenues from Sustainable Activities

In 2023, Polestar Automotive Holding reported EU Taxonomy-eligible revenues of USD 2.36 billion, representing 99.1% of its total turnover. Of this amount, USD 0 of Polestar Automotive Holding's revenues was classified as EU Taxonomy-aligned, indicating that 0% 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

Insights into Polestar Automotive Holding's CAPEX from Sustainable Activities

In 2023, Polestar Automotive Holding reported EU Taxonomy-eligible CAPEX of USD 368.70 million, representing 69.5% of its total CAPEX. Of this amount, USD 0 of Polestar Automotive Holding's CAPEX was classified as EU Taxonomy-aligned, indicating that 0% 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

Insights into Polestar Automotive Holding's OPEX from Sustainable Activities

In 2023, Polestar Automotive Holding reported EU Taxonomy-eligible OPEX of USD 79.20 million, representing 98.9% of its total operating expenses (OPEX). Of this amount, USD 0 of Polestar Automotive Holding's OPEX was classified as EU Taxonomy-aligned, indicating that 0% 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

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