Saras SpA

Common Name
Saras
Country
Italy
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Employees
1,591
Ticker
SRS
Exchange
EURONEXT MILAN
Description
Saras S.p.A. engages in the oil refinery business in Italy and internationally. The company operates through Industrial & Marketing; and Renewables segments. It also sells and distributes oil products...

Saras EU Taxonomy Data Preview

In 2023, Saras 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.

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

In 2023, Saras reported EU Taxonomy-eligible revenues of EUR 31.45 million, representing 0.28% of its total turnover. Of this amount, EUR 31.45 million of Saras's revenues was classified as EU Taxonomy-aligned, indicating that 0.28% 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).

Saras's Taxonomy-Eligible Turnover Over Time

202220230%0.07%0.14%0.21%0.28%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Saras's revenues become more sustainable over time?

Compared to the previous year (2022), Saras's taxonomy-aligned revenues remained relatively stable, indicating that Saras maintained operational continuity , with no significant changes in the scale of sustainable activities or the coverage of its taxonomy-aligned reporting.

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

In 2023, Saras reported that EUR 31.45 million of its revenue was eligible under the EU Taxonomy, representing 0.28% of the company's total turnover. Of this amount, EUR 31.45 million (0.28% of total revenue) was classified as Taxonomy-aligned. This means that 0% of Saras'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 Saras's eligible revenue is aligned with the EU Taxonomy?

In 2023, Saras reported that EUR 31.45 million of its revenue was aligned under the EU Taxonomy, representing 0.28% 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.

Saras's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(99.7%)Total TaxonomyAligned A1 Turnover(0.3%)

Saras's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%0.07%0.14%0.21%0.28%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

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

In 2023, Saras reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 0.28%
  • 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 Saras earn from selling climate-related solutions ?

In 2023, Saras reported that EUR 31.85 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 0.28% of the company's total revenue, indicating that Saras has limited exposure on solutions that support climate action through its commercial activities.

Insights into Saras's CAPEX from Sustainable Activities

In 2023, Saras reported EU Taxonomy-eligible CAPEX of EUR 45.99 million, representing 20.5% of its total CAPEX. Of this amount, EUR 45.99 million of Saras's CAPEX was classified as EU Taxonomy-aligned, indicating that 20.5% 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).

Saras's Taxonomy-Eligible Capex Over Time

202220230%5.5%11%16.5%22%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

Compared to the previous year (2022), Saras's taxonomy-aligned CAPEX increased by 14.53%, highlighting Saras'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 Saras's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2023, Saras reported that EUR 45.99 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 20.5% of the company's total CAPEX. Of this amount, EUR 45.99 million (20.5% of total CAPEX) was classified as Taxonomy-aligned. This means that 0% of Saras'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 Saras's eligible CAPEX is aligned with the EU Taxonomy?

In 2023, Saras reported that EUR 45.99 million of its CAPEX was aligned under the EU Taxonomy, representing 20.5% of its total capital investment.

This moderate level of alignment indicates that Saras is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Saras's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(79.5%)Total TaxonomyAligned A1 Capex(20.5%)

Saras's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%5.5%11%16.5%22%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

In 2023, Saras reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 20.5%
  • 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 Saras is investing in climate-related solutions?

In 2023, Saras allocated EUR 46.00 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 20.5% of the company's total capital expenditure, indicating that Saras is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.

Insights into Saras's OPEX from Sustainable Activities

In 2023, Saras reported EU Taxonomy-eligible OPEX of EUR 10.26 million, representing 0.87% of its total operating expenses (OPEX). Of this amount, EUR 10.26 million of Saras's OPEX was classified as EU Taxonomy-aligned, indicating that 0.87% 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).

Saras's Taxonomy-Eligible Opex Over Time

202220230%0.25%0.5%0.75%1%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

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

Compared to the previous year (2022), Saras's taxonomy-aligned OPEX increased by 64.15%, highlighting Saras's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.

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

In 2023, Saras reported that EUR 10.26 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 0.87% of the company's total OPEX. Of this amount, EUR 10.26 million (0.87% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of Saras'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 Saras's eligible OPEX is aligned with the EU Taxonomy?

In 2023, Saras reported that EUR 10.26 million of its OPEX was aligned under the EU Taxonomy, representing 0.87% 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.

Saras's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(99.1%)Total TaxonomyAligned A1 Opex(0.9%)

Saras's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%0.25%0.5%0.75%1%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

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

In 2023, Saras reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 0.87%
  • 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 Saras's operational budget supports climate-related solutions?

In 2023, Saras allocated EUR 10.24 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.87% of the company's total OPEX, indicating that Saras 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.

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