Redeia Corporation S.A., a prominent entity in the field of utility infrastructure, specializes in the transmission of electricity and the operation of electricity grids. As Spain's primary electricit... Redeia Corporation S.A., a prominent entity in the field of utility infrastructure, specializes in the transmission of electricity and the operation of electricity grids. As Spain's primary electricity transmission system operator, Redeia Corporation S.A. plays a pivotal role in ensuring the seamless and efficient delivery of electrical power across the country, contributing significantly to the stability and security of national energy supplies. The company engages in activities that span the coordination and management of both the domestic and cross-border power flow, as well as the development of the transmission network to support the integration of renewable energy sources. Additionally, Redeia Corporation's involvement in telecommunication infrastructure underscores its versatility and influence in critical sectors. Established as a strategic component of the energy ecosystem, it plays a substantial role in shaping Spain's energy landscape, driving the transition towards more sustainable energy practices, and facilitating technological advances in grid management.
In 2024, Redeia Corporacion 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.
Redeia Corporacion has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Redeia Corporacion 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
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.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
c
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.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
c
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.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
c
Data available for purchase
0000000
4.9 CCM/CCA - Transmission and distribution of electricity
4.9 CCM/CCA - Transmission and distribution of electricity
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
c
Data available for purchase
0000000
Metric (tonnes)
2024
2023
2022
2021 - 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.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
c
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.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
c
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.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
c
Data available for purchase
0000000
4.9 CCM/CCA - Transmission and distribution of electricity
4.9 CCM/CCA - Transmission and distribution of electricity
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
c
Data available for purchase
0000000
Metric (tonnes)
2024
2023
2022
2021 - 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.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
c
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.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
c
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.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
c
Data available for purchase
0000000
4.9 CCM/CCA - Transmission and distribution of electricity
4.9 CCM/CCA - Transmission and distribution of electricity
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
c
Data available for purchase
0000000
Download Data
Verified Sources Behind Redeia Corporacion’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 Redeia Corporacion’s data sources below and access millions more through our Disclosure Search.
c. Redeia Corporacion's Sustainability Report 2022
Insights into Redeia Corporacion's Revenues from Sustainable Activities
In 2024, Redeia Corporacion reported EU Taxonomy-eligible revenues of EUR 1.48 billion, representing 92.6% of its total turnover. Of this amount, EUR 1.39 billion of Redeia Corporacion's revenues was classified as EU Taxonomy-aligned, indicating that 87.4% 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
Redeia Corporacion's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Redeia Corporacion's revenues become more sustainable over time?
Compared to the previous year (2023), Redeia Corporacion's taxonomy-aligned revenues increased by 11.34%,highlighting Redeia Corporacion'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 Redeia Corporacion's revenue is eligible under the EU Taxonomy?
In 2024, Redeia Corporacion reported that EUR 1.48 billion of its revenue was eligible under the EU Taxonomy, representing 92.6% of the company's total turnover. Of this amount, EUR 1.39 billion (87.4% of total revenue) was classified as Taxonomy-aligned. This means that 5.2% of Redeia Corporacion'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 Redeia Corporacion's eligible revenue is aligned with the EU Taxonomy?
In 2024, Redeia Corporacion reported that EUR 1.39 billion of its revenue was aligned under the EU Taxonomy, representing 87.4% of its total turnover.a
This strong alignment suggests that Redeia Corporacion has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.
Redeia Corporacion's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Redeia Corporacion's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Redeia Corporacion reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 87.4%
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 Redeia Corporacion earn from selling climate-related solutions ?
In 2024, Redeia Corporacion reported that EUR 1.39 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 87.4% of the company's total revenue,indicating that Redeia Corporacionprimarily focuseson solutions that support climate action through its commercial activities.a
Insights into Redeia Corporacion's CAPEX from Sustainable Activities
In 2024, Redeia Corporacion reported EU Taxonomy-eligible CAPEX of EUR 1.02 billion,representing 96.9% of its total CAPEX. Of this amount, EUR 1.01 billion of Redeia Corporacion's CAPEX was classified as EU Taxonomy-aligned, indicating that 96.3% 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
Redeia Corporacion's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have Redeia Corporacion's increased its investment in sustainable activities over time?
Compared to the previous year (2023), Redeia Corporacion's taxonomy-aligned CAPEX increased by 15.47%,highlighting Redeia Corporacion's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.a, b
How much of Redeia Corporacion's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Redeia Corporacion reported that EUR 1.02 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 96.9% of the company's total CAPEX. Of this amount, EUR 1.01 billion (96.3% of total CAPEX) was classified as Taxonomy-aligned. This means that 0.6% of Redeia Corporacion'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 Redeia Corporacion's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Redeia Corporacion reported that EUR 1.01 billion of its CAPEX was aligned under the EU Taxonomy, representing 96.3% of its total capital investment.a
This strong alignment suggests that Redeia Corporacion is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Redeia Corporacion's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is Redeia Corporacion's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Redeia Corporacion reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 96.3%
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 Redeia Corporacion is investing in climate-related solutions?
In 2024, Redeia Corporacion allocated EUR 1.01 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 96.3% of the company's total capital expenditure,indicating that Redeia Corporacionis prioritizing climate-focused investments as a central part of its overall capital strategy.a
Insights into Redeia Corporacion's OPEX from Sustainable Activities
In 2024, Redeia Corporacion reported EU Taxonomy-eligible OPEX of EUR 410.81 million,representing 94.1% of its total operating expenses (OPEX). Of this amount, EUR 384.08 million of Redeia Corporacion's OPEX was classified as EU Taxonomy-aligned, indicating that 88% 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
Redeia Corporacion's Taxonomy-Eligible Opex Over Time
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have Redeia Corporacion's increased its spending in sustainable activities over time?
Compared to the previous year (2023), Redeia Corporacion's taxonomy-aligned OPEX decreased by 1.01%, suggesting that Redeia Corporacion may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.a, b
How much of Redeia Corporacion's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Redeia Corporacion reported that EUR 410.81 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 94.1% of the company's total OPEX. Of this amount, EUR 384.08 million (88% of total OPEX) was classified as Taxonomy-aligned. This means that 6.1% of Redeia Corporacion'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 Redeia Corporacion's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Redeia Corporacion reported that EUR 384.08 million of its OPEX was aligned under the EU Taxonomy, representing 88% of its total operational expenditure.a
This strong alignment suggests that Redeia Corporacion is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.
Redeia Corporacion's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
How is Redeia Corporacion's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Redeia Corporacion reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 88%
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 Redeia Corporacion's operational budget supports climate-related solutions?
In 2024, Redeia Corporacion allocated EUR 384.00 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 88% of the company's total OPEX,indicating that Redeia Corporacionis focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.a
Want Full Access to Redeia Corporacion's EU Taxonomy Dataset?
a
b
c
a
b
c
a
b
c
a
b
c
a
b
c
a
b
c
a
b
c
a
b
c
a
b
c