Salzgitter AG

Common Name
Salzgitter
Country
Germany
Sector
Basic Materials
Industry
Steel
Employees
23,868
Ticker
SZG
Exchange
XETRA
Description
Salzgitter AG is a leading steel and technology company based in Germany, with robust operations in the steel production and processing industry. The primary aim of the company is to produce and suppl...

Salzgitter EU Taxonomy Data Preview

In 2024, Salzgitter 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.

Salzgitter has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Salzgitter 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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0000000
Total Taxonomy Eligible A Turnover
0000000
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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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Total Taxonomy Eligible A Capex
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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 Salzgitter's Revenues from Sustainable Activities

In 2024, Salzgitter reported EU Taxonomy-eligible revenues of EUR 5.02 billion, representing 50% of its total turnover. Of this amount, EUR 596.00 million of Salzgitter's revenues was classified as EU Taxonomy-aligned, indicating that 6% 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).

Salzgitter's Taxonomy-Eligible Turnover Over Time

2022202320240%15%30%45%60%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Salzgitter's revenues become more sustainable over time?

Since 2022, Salzgitter's taxonomy-aligned revenues decreased by 14.29% , indicating a long-term decline in environmentally sustainable revenue performance.

Compared to the previous year (2023), Salzgitter's taxonomy-aligned revenues remained relatively stable, indicating that Salzgitter maintained operational continuity , with no significant changes in the scale of sustainable activities or the coverage of its taxonomy-aligned reporting.

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

In 2024, Salzgitter reported that EUR 5.02 billion of its revenue was eligible under the EU Taxonomy, representing 50% of the company's total turnover. Of this amount, EUR 596.00 million (6% of total revenue) was classified as Taxonomy-aligned. This means that 44% of Salzgitter'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 Salzgitter's eligible revenue is aligned with the EU Taxonomy?

In 2024, Salzgitter reported that EUR 596.00 million of its revenue was aligned under the EU Taxonomy, representing 6% 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.

Salzgitter's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(50.0%)Total TaxonomyAligned A1 Turnover(6.0%)Total TaxonomyEligible but NotAligned A2 Turnover(44.0%)

Salzgitter's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

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

In 2024, Salzgitter reported that its taxonomy-aligned revenue 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 revenue does Salzgitter earn from selling climate-related solutions ?

In 2024, Salzgitter reported that EUR 600.72 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 6% of the company's total revenue, indicating that Salzgitter has limited exposure on solutions that support climate action through its commercial activities.

Insights into Salzgitter's CAPEX from Sustainable Activities

In 2024, Salzgitter reported EU Taxonomy-eligible CAPEX of EUR 748.00 million, representing 84% of its total CAPEX. Of this amount, EUR 459.00 million of Salzgitter's CAPEX was classified as EU Taxonomy-aligned, indicating that 51% 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).

Salzgitter'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 Salzgitter's increased its investment in sustainable activities over time?

Since 2022, Salzgitter's taxonomy-aligned capital expenditure (CAPEX) increased by 104%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.

Compared to the previous year (2023), Salzgitter's taxonomy-aligned CAPEX increased by 119.83%, highlighting Salzgitter'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 Salzgitter's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Salzgitter reported that EUR 748.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 84% of the company's total CAPEX. Of this amount, EUR 459.00 million (51% of total CAPEX) was classified as Taxonomy-aligned. This means that 33% of Salzgitter'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 Salzgitter's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Salzgitter reported that EUR 459.00 million of its CAPEX was aligned under the EU Taxonomy, representing 51% of its total capital investment.

This strong alignment suggests that Salzgitter is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.

Salzgitter's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(16.0%)Total TaxonomyAligned A1 Capex(51.0%)Total TaxonomyEligible but NotAligned A2 Capex(33.0%)

Salzgitter's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

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

  • Climate Change Mitigation: 50%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 1%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much Salzgitter is investing in climate-related solutions?

In 2024, Salzgitter allocated EUR 449.50 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 50% of the company's total capital expenditure, indicating that Salzgitter is prioritizing climate-focused investments as a central part of its overall capital strategy.

Insights into Salzgitter's OPEX from Sustainable Activities

In 2024, Salzgitter reported EU Taxonomy-eligible OPEX of EUR 623.00 million, representing 82% of its total operating expenses (OPEX). Of this amount, EUR 63.00 million of Salzgitter's OPEX was classified as EU Taxonomy-aligned, indicating that 8% 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).

Salzgitter'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 Salzgitter's increased its spending in sustainable activities over time?

Since 2022, Salzgitter's taxonomy-aligned operating expenditure (OPEX) increased by 14.29%, 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), Salzgitter's taxonomy-aligned OPEX increased by 26.98%, highlighting Salzgitter's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.

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

In 2024, Salzgitter reported that EUR 623.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 82% of the company's total OPEX. Of this amount, EUR 63.00 million (8% of total OPEX) was classified as Taxonomy-aligned. This means that 74% of Salzgitter'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 Salzgitter's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Salzgitter reported that EUR 63.00 million of its OPEX was aligned under the EU Taxonomy, representing 8% 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.

Salzgitter's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(18.0%)Total TaxonomyAligned A1 Opex(8.0%)Total TaxonomyEligible but NotAligned A2 Opex(74.0%)

Salzgitter's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%20%40%60%80%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

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

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

  • Climate Change Mitigation: 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 of Salzgitter's operational budget supports climate-related solutions?

In 2024, Salzgitter allocated EUR 60.16 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 8% of the company's total OPEX, indicating that Salzgitter 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.