SIT SpA

Common Name
SIT
Country
Italy
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
1,829
Ticker
SIT
Exchange
EURONEXT MILAN
Description
Sit S.p.A. is a prominent player in the industrial sector, specializing in the design and manufacture of advanced devices for safety, comfort, and control in residential and industrial applications. T...

SIT EU Taxonomy Data Preview

In 2024, SIT 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.

SIT has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of SIT 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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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.

Insights into SIT's Revenues from Sustainable Activities

In 2024, SIT reported EU Taxonomy-eligible revenues of EUR 28.90 million, representing 10% of its total turnover. Of this amount, EUR 0 of SIT's revenues was classified as EU Taxonomy-aligned, indicating that 0% 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).

SIT's Taxonomy-Eligible Turnover Over Time

2022202320240%20%40%60%80%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have SIT's revenues become more sustainable over time?

Since 2022, SIT's taxonomy-aligned revenues decreased by 100% , indicating a long-term decline in environmentally sustainable revenue performance.

Compared to the previous year (2023), SIT's taxonomy-aligned revenues decreased by 100% , suggesting that SIT may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.

Insights into SIT's CAPEX from Sustainable Activities

In 2024, SIT reported EU Taxonomy-eligible CAPEX of EUR 2.70 million, representing 16% of its total CAPEX. Of this amount, EUR 0 of SIT's CAPEX was classified as EU Taxonomy-aligned, indicating that 0% 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).

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

Since 2022, SIT's taxonomy-aligned capital expenditure (CAPEX) decreased by 100%, 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), SIT's taxonomy-aligned CAPEX decreased by 100%, suggesting that SIT may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.

Insights into SIT's OPEX from Sustainable Activities

In 2024, SIT reported EU Taxonomy-eligible OPEX of EUR 1.40 million, representing 13% of its total operating expenses (OPEX). Of this amount, EUR 0 of SIT's OPEX was classified as EU Taxonomy-aligned, indicating that 0% 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).

SIT's Taxonomy-Eligible Opex Over Time

2022202320240%20%40%60%80%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

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

Since 2022, SIT's taxonomy-aligned operating expenditure (OPEX) decreased by 100%, indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.

Compared to the previous year (2023), SIT's taxonomy-aligned OPEX decreased by 100%, suggesting that SIT may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.