Sagax AB

Common Name
Sagax
Country
Sweden
Sector
Real Estate
Industry
Real Estate Services
Employees
98
Ticker
SAGA B
Exchange
NASDAQ STOCKHOLM AB
Description
AB Sagax (publ), a property company, owns and manages a property portfolio in Sweden, Finland, France, Benelux, Spain, Germany, and other European countries. The company invests in commercial properti...

Sagax EU Taxonomy Data Preview

In 2024, Sagax 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.

Sagax has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Sagax 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
0000000
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0000000
Total Taxonomy Eligible A Turnover
0000000
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0000000
Total Taxonomy Non-Eligible B Turnover
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
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0000000
Total Taxonomy Eligible A Opex
0000000
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0000000
Total Taxonomy Non-Eligible B Opex
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
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0000000
Total Taxonomy Eligible A Capex
0000000
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Total Taxonomy Non-Eligible B Capex
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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 Sagax's Revenues from Sustainable Activities

In 2024, Sagax reported EU Taxonomy-eligible revenues of SEK 4.99 billion, representing 100% of its total turnover. Of this amount, SEK 732.00 million of Sagax's revenues was classified as EU Taxonomy-aligned, indicating that 15% 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).

Sagax's Taxonomy-Eligible Turnover Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Sagax's revenues become more sustainable over time?

Since 2022, Sagax's taxonomy-aligned revenues increased by 50%, reflecting a sustained upward trend in environmentally sustainable revenue generation.

Compared to the previous year (2023), Sagax's taxonomy-aligned revenues decreased by 6.25% , suggesting that Sagax may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.

How much of Sagax's revenue is eligible under the EU Taxonomy?

In 2024, Sagax reported that SEK 4.99 billion of its revenue was eligible under the EU Taxonomy, representing 100% of the company's total turnover. Of this amount, SEK 732.00 million (15% of total revenue) was classified as Taxonomy-aligned. This means that 85% of Sagax'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 Sagax's eligible revenue is aligned with the EU Taxonomy?

In 2024, Sagax reported that SEK 732.00 million of its revenue was aligned under the EU Taxonomy, representing 15% of its total turnover.

This moderate level of alignment indicates that Sagax has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.

Sagax's Eligibility & Alignment Overview

Total TaxonomyAligned A1 Turnover(15.0%)Total TaxonomyEligible but NotAligned A2 Turnover(85.0%)

Sagax's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%25%50%75%100%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Sagax's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, Sagax reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 15%
  • 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 Sagax earn from selling climate-related solutions ?

In 2024, Sagax reported that SEK 749.10 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 15% of the company's total revenue, indicating that Sagax has a moderate focus on solutions that support climate action through its commercial activities.

Insights into Sagax's CAPEX from Sustainable Activities

In 2024, Sagax reported EU Taxonomy-eligible CAPEX of SEK 6.83 billion, representing 100% of its total CAPEX. Of this amount, SEK 430.00 million of Sagax's CAPEX was classified as EU Taxonomy-aligned, indicating that 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).

Sagax's Taxonomy-Eligible Capex Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

Have Sagax's increased its investment in sustainable activities over time?

Since 2022, Sagax's taxonomy-aligned capital expenditure (CAPEX) decreased by 45.45%, indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.

Compared to the previous year (2023), Sagax's taxonomy-aligned CAPEX decreased by 57.14%, suggesting that Sagax may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.

How much of Sagax's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Sagax reported that SEK 6.83 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 100% of the company's total CAPEX. Of this amount, SEK 430.00 million (6% of total CAPEX) was classified as Taxonomy-aligned. This means that 94% of Sagax'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 Sagax's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Sagax reported that SEK 430.00 million of its CAPEX was aligned under the EU Taxonomy, representing 6% of its total capital investment.

This low alignment reflects that Sagax is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Sagax's Eligibility & Alignment Overview

Total TaxonomyAligned A1 Capex(6.0%)Total TaxonomyEligible but NotAligned A2 Capex(94.0%)

Sagax's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%25%50%75%100%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is Sagax's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, Sagax reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 6%
  • 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 Sagax is investing in climate-related solutions?

In 2024, Sagax allocated SEK 409.62 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 6% of the company's total capital expenditure, indicating that Sagax has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.

Insights into Sagax's OPEX from Sustainable Activities

In 2024, Sagax reported EU Taxonomy-eligible OPEX of SEK 126.00 million, representing 100% of its total operating expenses (OPEX). Of this amount, SEK 17.00 million of Sagax's OPEX was classified as EU Taxonomy-aligned, indicating that 14% 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).

Sagax's Taxonomy-Eligible Opex Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

Have Sagax's increased its spending in sustainable activities over time?

Since 2022, Sagax's taxonomy-aligned operating expenditure (OPEX) increased by 40%, 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), Sagax's taxonomy-aligned OPEX decreased by 17.65%, suggesting that Sagax may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.

How much of Sagax's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2024, Sagax reported that SEK 126.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 100% of the company's total OPEX. Of this amount, SEK 17.00 million (14% of total OPEX) was classified as Taxonomy-aligned. This means that 86% of Sagax'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 Sagax's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Sagax reported that SEK 17.00 million of its OPEX was aligned under the EU Taxonomy, representing 14% of its total operational expenditure.

This moderate level of alignment indicates that Sagax is beginning to shift operational priorities toward greener practices, with room for deeper integration.

Sagax's Eligibility & Alignment Overview

Total TaxonomyAligned A1 Opex(14.0%)Total TaxonomyEligible but NotAligned A2 Opex(86.0%)

Sagax's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%25%50%75%100%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

How is Sagax's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2024, Sagax reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 14%
  • 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 Sagax's operational budget supports climate-related solutions?

In 2024, Sagax allocated SEK 17.64 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 14% of the company's total OPEX, indicating that Sagax is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.