In 2022, Siemens Gamesa 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.
Siemens Gamesa has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Siemens Gamesa are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric
2022
2021
2020
2019 - 2017
Total Taxonomy Aligned Turnover
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Total Taxonomy Eligible Turnover
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3.1 CCM/CCA - Manufacture of renewable energy technologies
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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a
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0000000
Metric
2022
2021
2020
2019 - 2017
Total Taxonomy Aligned Opex
0000000
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0000000
Total Taxonomy Eligible Opex
0000000
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0000000
Metric
2022
2021
2020
2019 - 2017
Total Taxonomy Aligned Capex
0000000
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0000000
Total Taxonomy Eligible Capex
0000000
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0000000
3.1 CCM/CCA - Manufacture of renewable energy technologies
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a
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0000000
7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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a
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0000000
Limited Data Preview
You are viewing a limited preview of Siemens Gamesa’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories, at both aggregate and activity level, with historical coverage back to undefined.
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Verified Sources Behind Siemens Gamesa’s EU Taxonomy Data
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a. Siemens Gamesa's Financial Report 2022
Insights into Siemens Gamesa's Revenues from Sustainable Activities
In 2022, Siemens Gamesa reported EU Taxonomy-eligible revenues of EUR 9.74 billion, representing 99.28% of its total turnover. Of this amount, EUR 9.74 billion of Siemens Gamesa's revenues was classified as EU Taxonomy-aligned, indicating that 99.28% 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).a
How much of Siemens Gamesa's revenue is eligible under the EU Taxonomy?
In 2022, Siemens Gamesa reported that EUR 9.74 billion of its revenue was eligible under the EU Taxonomy, representing 99.28% of the company's total turnover. Of this amount, EUR 9.74 billion (99.28% of total revenue) was classified as Taxonomy-aligned. This means that 0% of Siemens Gamesa'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 Siemens Gamesa's eligible revenue is aligned with the EU Taxonomy?
In 2022, Siemens Gamesa reported that EUR 9.74 billion of its revenue was aligned under the EU Taxonomy, representing 99.28% of its total turnover.a
This strong alignment suggests that Siemens Gamesa has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.
Siemens Gamesa's Eligibility & Alignment Overview
Siemens Gamesa's Contribution to Environmental Objectives
Total Taxonomy Aligned Turnover
How is Siemens Gamesa's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2022, Siemens Gamesa reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 99.28%
Climate Change Adaptation: 0%
How much revenue does Siemens Gamesa earn from selling climate-related solutions ?
In 2022, Siemens Gamesa reported that EUR 9.74 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 99.28% of the company's total revenue,indicating that Siemens Gamesaprimarily focuseson solutions that support climate action through its commercial activities.a
Insights into Siemens Gamesa's CAPEX from Sustainable Activities
In 2022, Siemens Gamesa reported EU Taxonomy-eligible CAPEX of EUR 909.00 million,representing 93.42% of its total CAPEX. Of this amount, EUR 909.00 million of Siemens Gamesa's CAPEX was classified as EU Taxonomy-aligned, indicating that 93.42% 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
How much of Siemens Gamesa's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2022, Siemens Gamesa reported that EUR 909.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 93.42% of the company's total CAPEX. Of this amount, EUR 909.00 million (93.42% of total CAPEX) was classified as Taxonomy-aligned. This means that 0% of Siemens Gamesa'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 Siemens Gamesa's eligible CAPEX is aligned with the EU Taxonomy?
In 2022, Siemens Gamesa reported that EUR 909.00 million of its CAPEX was aligned under the EU Taxonomy, representing 93.42% of its total capital investment.a
This strong alignment suggests that Siemens Gamesa is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.
Siemens Gamesa's Eligibility & Alignment Overview
Siemens Gamesa's Contribution to Environmental Objectives
Total Taxonomy Aligned Capex
How is Siemens Gamesa's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2022, Siemens Gamesa reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 93.42%
Climate Change Adaptation: 0%
How much Siemens Gamesa is investing in climate-related solutions?
In 2022, Siemens Gamesa allocated EUR 908.98 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 93.42% of the company's total capital expenditure,indicating that Siemens Gamesais prioritizing climate-focused investments as a central part of its overall capital strategy.a
Insights into Siemens Gamesa's OPEX from Sustainable Activities
In 2022, Siemens Gamesa reported EU Taxonomy-eligible OPEX of EUR 119.00 million,representing 89.11% of its total operating expenses (OPEX). Of this amount, EUR 119.00 million of Siemens Gamesa's OPEX was classified as EU Taxonomy-aligned, indicating that 89.11% 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
How much of Siemens Gamesa's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2022, Siemens Gamesa reported that EUR 119.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 89.11% of the company's total OPEX. Of this amount, EUR 119.00 million (89.11% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of Siemens Gamesa'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 Siemens Gamesa's eligible OPEX is aligned with the EU Taxonomy?
In 2022, Siemens Gamesa reported that EUR 119.00 million of its OPEX was aligned under the EU Taxonomy, representing 89.11% of its total operational expenditure.a
This strong alignment suggests that Siemens Gamesa is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.
Siemens Gamesa's Eligibility & Alignment Overview
Siemens Gamesa's Contribution to Environmental Objectives
Total Taxonomy Aligned Opex
How is Siemens Gamesa's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2022, Siemens Gamesa reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 89.11%
Climate Change Adaptation: 0%
How much of Siemens Gamesa's operational budget supports climate-related solutions?
In 2022, Siemens Gamesa allocated EUR 119.41 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 89.11% of the company's total OPEX,indicating that Siemens Gamesais focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.a
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