In 2024, Repsol 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.
Repsol has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Repsol 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 |
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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.
In 2024, Repsol reported EU Taxonomy-eligible revenues of EUR 3.97 billion, representing 7% of its total turnover. Of this amount, EUR 459.00 million of Repsol's revenues was classified as EU Taxonomy-aligned, indicating that 0.8% 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).
Compared to the previous year (2023), Repsol's taxonomy-aligned revenues increased by 166.67%, highlighting Repsol's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.
In 2024, Repsol reported that EUR 3.97 billion of its revenue was eligible under the EU Taxonomy, representing 7% of the company's total turnover. Of this amount, EUR 459.00 million (0.8% of total revenue) was classified as Taxonomy-aligned. This means that 6% of Repsol'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.
In 2024, Repsol reported that EUR 459.00 million of its revenue was aligned under the EU Taxonomy, representing 0.8% of its total turnover.
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
In 2024, Repsol reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, Repsol reported that EUR 456.98 million 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 0.8% of the company's total revenue, indicating that Repsol has limited exposure on solutions that support climate action through its commercial activities.
In 2024, Repsol reported EU Taxonomy-eligible CAPEX of EUR 2.82 billion, representing 50% of its total CAPEX. Of this amount, EUR 2.24 billion of Repsol's CAPEX was classified as EU Taxonomy-aligned, indicating that 40% 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).
Compared to the previous year (2023), Repsol's taxonomy-aligned CAPEX increased by 25%, highlighting Repsol's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.
In 2024, Repsol reported that EUR 2.82 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 50% of the company's total CAPEX. Of this amount, EUR 2.24 billion (40% of total CAPEX) was classified as Taxonomy-aligned. This means that 10% of Repsol'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).
In 2024, Repsol reported that EUR 2.24 billion of its CAPEX was aligned under the EU Taxonomy, representing 40% of its total capital investment.
This moderate level of alignment indicates that Repsol is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, Repsol reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, Repsol allocated EUR 2.25 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 40% of the company's total capital expenditure, indicating that Repsol is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
In 2024, Repsol reported EU Taxonomy-eligible OPEX of EUR 123.00 million, representing 19% of its total operating expenses (OPEX). Of this amount, EUR 27.00 million of Repsol's OPEX was classified as EU Taxonomy-aligned, indicating that 4% 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).
Compared to the previous year (2023), Repsol's taxonomy-aligned OPEX increased by 33.33%, highlighting Repsol's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
In 2024, Repsol reported that EUR 123.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 19% of the company's total OPEX. Of this amount, EUR 27.00 million (4% of total OPEX) was classified as Taxonomy-aligned. This means that 15% of Repsol'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).
In 2024, Repsol reported that EUR 27.00 million of its OPEX was aligned under the EU Taxonomy, representing 4% of its total operational expenditure.
This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.
In 2024, Repsol reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, Repsol allocated EUR 26.12 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 4% of the company's total OPEX, indicating that Repsol has only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.