Synlab AG is a prominent player in the medical diagnostics sector, specializing in laboratory services across Europe and beyond. The primary purpose of Synlab AG is to provide reliable and innovative ... Synlab AG is a prominent player in the medical diagnostics sector, specializing in laboratory services across Europe and beyond. The primary purpose of Synlab AG is to provide reliable and innovative diagnostic solutions that support healthcare professionals and institutions. It operates an extensive network of laboratories that offer a wide range of tests, from standard clinical chemistry and hematology to complex genetic testing and molecular diagnostics. Synlab's services play a crucial role in the early detection, prevention, and management of diseases, thereby enhancing patient care and outcomes. As an influential entity in the healthcare industry, Synlab AG stands out for its commitment to quality and innovation, utilizing cutting-edge technology to deliver accurate and timely results. Its operations significantly impact both public and private healthcare sectors, making it a vital component in the global medical landscape. Established with a vision to improve healthcare accessibility and efficacy, Synlab continues to expand its capabilities and reach, underpinned by its dedication to advancing clinical practice and supporting medical research.
In 2023, SYNLAB Holdco 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.
SYNLAB Holdco has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of SYNLAB Holdco are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes)
2023
2022
2021
2020 - 2017
Total Taxonomy Aligned A1 Turnover
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Total Taxonomy Eligible A Turnover
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Total Taxonomy Non-Eligible B Turnover
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Metric (tonnes)
2023
2022
2021
2020 - 2017
Total Taxonomy Aligned A1 Opex
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Total Taxonomy Eligible A Opex
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Total Taxonomy Non-Eligible B Opex
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Metric (tonnes)
2023
2022
2021
2020 - 2017
Total Taxonomy Aligned A1 Capex
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Total Taxonomy Eligible A Capex
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Total Taxonomy Non-Eligible B Capex
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6.5 CCM/CCA - Transport by motorbikes, passenger cars and light commercial vehicles
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7.2 CCM/CCA - Renovation of existing buildings
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7.4 CCM/CCA - Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings)
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7.6 CCM/CCA - Installation, maintenance and repair of renewable energy technologies
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Limited Data Preview
You are viewing a limited preview of SYNLAB Holdco’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 (A1, A2, A, B, and A+B), at both aggregate and activity level, with historical coverage back to undefined.
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Verified Sources Behind SYNLAB Holdco’s EU Taxonomy Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore SYNLAB Holdco’s data sources below and access millions more through our Disclosure Search.
a. SYNLAB Holdco's Annual Report 2023
b. SYNLAB Holdco's ESG Report 2022
Insights into SYNLAB Holdco's Revenues from Sustainable Activities
In 2023, SYNLAB Holdco reported EU Taxonomy-eligible revenues of EUR 0, representing 0% of its total turnover. Of this amount, EUR 0 of SYNLAB Holdco'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).a
Insights into SYNLAB Holdco's CAPEX from Sustainable Activities
In 2023, SYNLAB Holdco reported EU Taxonomy-eligible CAPEX of EUR 97.14 million,representing 38% of its total CAPEX. Of this amount, EUR 30.55 million of SYNLAB Holdco's CAPEX was classified as EU Taxonomy-aligned, indicating that 11.9% 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
SYNLAB Holdco's Taxonomy-Eligible Capex Over Time
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
Have SYNLAB Holdco's increased its investment in sustainable activities over time?
Compared to the previous year (2022), SYNLAB Holdco's taxonomy-aligned CAPEX increased by 2,875%,highlighting SYNLAB Holdco's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.a, b
How much of SYNLAB Holdco's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2023, SYNLAB Holdco reported that EUR 97.14 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 38% of the company's total CAPEX. Of this amount, EUR 30.55 million (11.9% of total CAPEX) was classified as Taxonomy-aligned. This means that 26% of SYNLAB Holdco'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 SYNLAB Holdco's eligible CAPEX is aligned with the EU Taxonomy?
In 2023, SYNLAB Holdco reported that EUR 30.55 million of its CAPEX was aligned under the EU Taxonomy, representing 11.9% of its total capital investment.a
This moderate level of alignment indicates that SYNLAB Holdco is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
SYNLAB Holdco's Eligibility & Alignment Overview
SYNLAB Holdco's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Capex
Total Taxonomy Eligible but Not Aligned A2 Capex
How is SYNLAB Holdco's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2023, SYNLAB Holdco reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 11.9%
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 SYNLAB Holdco is investing in climate-related solutions?
In 2023, SYNLAB Holdco allocated EUR 30.45 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 11.9% of the company's total capital expenditure,indicating that SYNLAB Holdcois moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.a
Insights into SYNLAB Holdco's OPEX from Sustainable Activities
In 2023, SYNLAB Holdco reported EU Taxonomy-eligible OPEX of EUR 0,representing 0% of its total operating expenses (OPEX). Of this amount, EUR 0 of SYNLAB Holdco'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).a
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