Systemair AB is a Sweden-based company and a leading global supplier of high-quality ventilation, heating, and cooling products and systems within the HVAC sector. Founded in 1974 in Skinnskatteberg b... Systemair AB is a Sweden-based company and a leading global supplier of high-quality ventilation, heating, and cooling products and systems within the HVAC sector. Founded in 1974 in Skinnskatteberg by Gerald Engström, now Vice Chairman, it develops, produces, and markets innovative, sustainable, and energy-efficient solutions for optimal indoor air quality and comfort. The company operates 25-27 production facilities across 19 countries, encompassing over 350,000 square meters of manufacturing space, and includes 90 companies in its group with approximately 6,700-6,914 employees worldwide. Systemair conducts business in 51 countries across Europe, North America, the Middle East, Asia, Australia, and Africa, exporting to more than 135 countries, with sales reaching SEK 12.3 billion in the 2024/25 financial year. Its products, marketed under brands like Systemair, Frico, Fantech, and Menerga, serve diverse markets including residential, commercial, and industrial applications, emphasizing energy efficiency, ease of installation, and environmental sustainability. Listed on Nasdaq Stockholm since 2007 with the highest AAA credit rating, Systemair AB plays a key role in advancing global indoor climate solutions.
In 2025, Systemair 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.
Systemair has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Systemair are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
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2024
2023
2022 - 2017
Total Taxonomy Aligned Turnover
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Total Taxonomy Eligible Turnover
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3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings, 3.6 CCM/CCA - Manufacture of other low carbon technologies, 7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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2024
2023
2022 - 2017
Total Taxonomy Aligned Opex
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Total Taxonomy Eligible Opex
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3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings, 3.6 CCM/CCA - Manufacture of other low carbon technologies, 7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment
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2024
2023
2022 - 2017
Total Taxonomy Aligned Capex
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Total Taxonomy Eligible Capex
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3.5 CCM/CCA - Manufacture of energy efficiency equipment for buildings, 3.6 CCM/CCA - Manufacture of other low carbon technologies
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3.5 CE - Use of concrete in civil engineering, 3.6 CCM/CCA - Manufacture of other low carbon technologies
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7.3 CCM/CCA - Installation, maintenance and repair of energy efficiency equipment, 7.4 CCM/CCA - Installation, maintenance and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings), 7.5 CCM/CCA - Installation, maintenance and repair of instruments and devices for measuring, regulation and controlling energy performance of buildings, 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 Systemair’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 2022.
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Verified Sources Behind Systemair’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 Systemair’s data sources below and access millions more through our Disclosure Search.
a. Systemair's Annual Report 2025
b. Systemair's Annual Report 2024
c. Systemair's Annual Report 2023
d. Systemair's Annual Report 2022
Insights into Systemair's Revenues from Sustainable Activities
In 2025, Systemair reported EU Taxonomy-eligible revenues of SEK 5.12 billion, representing 42% of its total turnover. Of this amount, SEK 3.33 billion of Systemair's revenues was classified as EU Taxonomy-aligned, indicating that 27% 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
Systemair's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Eligible Turnover
Total Taxonomy Aligned Turnover
Have Systemair's revenues become more sustainable over time?
Compared to the previous year (2024), Systemair's taxonomy-aligned revenues increased by 3.85%,highlighting Systemair's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.a, b
How much of Systemair's revenue is eligible under the EU Taxonomy?
In 2025, Systemair reported that SEK 5.12 billion of its revenue was eligible under the EU Taxonomy, representing 42% of the company's total turnover. Of this amount, SEK 3.33 billion (27% of total revenue) was classified as Taxonomy-aligned. This means that 15% of Systemair'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 Systemair's eligible revenue is aligned with the EU Taxonomy?
In 2025, Systemair reported that SEK 3.33 billion of its revenue was aligned under the EU Taxonomy, representing 27% of its total turnover.a
This moderate level of alignment indicates that Systemair has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
Systemair's Eligibility & Alignment Overview
Systemair's Contribution to Environmental Objectives
Total Taxonomy Aligned Turnover
How is Systemair's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2025, Systemair reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 27%
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 Systemair earn from selling climate-related solutions ?
In 2025, Systemair reported that SEK 3.32 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 27% of the company's total revenue,indicating that Systemairhas a moderate focuson solutions that support climate action through its commercial activities.a
Insights into Systemair's CAPEX from Sustainable Activities
In 2025, Systemair reported EU Taxonomy-eligible CAPEX of SEK 327.00 million,representing 47% of its total CAPEX. Of this amount, SEK 240.00 million of Systemair's CAPEX was classified as EU Taxonomy-aligned, indicating that 34% 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
Systemair's Taxonomy-Eligible Capex Over Time
Total Taxonomy Eligible Capex
Total Taxonomy Aligned Capex
Have Systemair's increased its investment in sustainable activities over time?
Compared to the previous year (2024), Systemair's taxonomy-aligned CAPEX increased by 13.33%,highlighting Systemair'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 Systemair's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2025, Systemair reported that SEK 327.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 47% of the company's total CAPEX. Of this amount, SEK 240.00 million (34% of total CAPEX) was classified as Taxonomy-aligned. This means that 13% of Systemair'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 Systemair's eligible CAPEX is aligned with the EU Taxonomy?
In 2025, Systemair reported that SEK 240.00 million of its CAPEX was aligned under the EU Taxonomy, representing 34% of its total capital investment.a
This moderate level of alignment indicates that Systemair is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Systemair's Eligibility & Alignment Overview
Systemair's Contribution to Environmental Objectives
Total Taxonomy Aligned Capex
How is Systemair's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2025, Systemair reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 34%
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 Systemair is investing in climate-related solutions?
In 2025, Systemair allocated SEK 238.00 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 34% of the company's total capital expenditure,indicating that Systemairis moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.a
Insights into Systemair's OPEX from Sustainable Activities
In 2025, Systemair reported EU Taxonomy-eligible OPEX of SEK 75.00 million,representing 45% of its total operating expenses (OPEX). Of this amount, SEK 48.00 million of Systemair's OPEX was classified as EU Taxonomy-aligned, indicating that 29% 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
Systemair's Taxonomy-Eligible Opex Over Time
Total Taxonomy Eligible Opex
Total Taxonomy Aligned Opex
Have Systemair's increased its spending in sustainable activities over time?
Compared to the previous year (2024), Systemair's taxonomy-aligned OPEX decreased by 3.33%, suggesting that Systemair may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.a, b
How much of Systemair's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2025, Systemair reported that SEK 75.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 45% of the company's total OPEX. Of this amount, SEK 48.00 million (29% of total OPEX) was classified as Taxonomy-aligned. This means that 16% of Systemair'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 Systemair's eligible OPEX is aligned with the EU Taxonomy?
In 2025, Systemair reported that SEK 48.00 million of its OPEX was aligned under the EU Taxonomy, representing 29% of its total operational expenditure.a
This moderate level of alignment indicates that Systemair is beginning to shift operational priorities toward greener practices, with room for deeper integration.
Systemair's Eligibility & Alignment Overview
Systemair's Contribution to Environmental Objectives
Total Taxonomy Aligned Opex
How is Systemair's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2025, Systemair reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 29%
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 Systemair's operational budget supports climate-related solutions?
In 2025, Systemair allocated SEK 47.85 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 29% of the company's total OPEX,indicating that Systemairis moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.a
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