In 2024, TAG Immobilien 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.
TAG Immobilien has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of TAG Immobilien are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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.
In 2024, TAG Immobilien reported EU Taxonomy-eligible revenues of EUR 1.04 billion, representing 96.4% of its total turnover. Of this amount, EUR 92.10 million of TAG Immobilien's revenues was classified as EU Taxonomy-aligned, indicating that 8.5% 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).
Since 2022, TAG Immobilien's taxonomy-aligned revenues decreased by 42.57% , indicating a long-term decline in environmentally sustainable revenue performance.
Compared to the previous year (2023), TAG Immobilien's taxonomy-aligned revenues decreased by 37.96% , suggesting that TAG Immobilien may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.
In 2024, TAG Immobilien reported that EUR 1.04 billion of its revenue was eligible under the EU Taxonomy, representing 96.4% of the company's total turnover. Of this amount, EUR 92.10 million (8.5% of total revenue) was classified as Taxonomy-aligned. This means that 87.9% of TAG Immobilien'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.
In 2024, TAG Immobilien reported that EUR 92.10 million of its revenue was aligned under the EU Taxonomy, representing 8.5% 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.
In 2024, TAG Immobilien reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, TAG Immobilien reported that EUR 92.06 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 8.5% of the company's total revenue, indicating that TAG Immobilien has limited exposure on solutions that support climate action through its commercial activities.
In 2024, TAG Immobilien reported EU Taxonomy-eligible CAPEX of EUR 210.10 million, representing 93.7% of its total CAPEX. Of this amount, EUR 23.80 million of TAG Immobilien's CAPEX was classified as EU Taxonomy-aligned, indicating that 10.6% 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).
Since 2022, TAG Immobilien's taxonomy-aligned capital expenditure (CAPEX) increased by 29.27%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), TAG Immobilien's taxonomy-aligned CAPEX decreased by 27.89%, suggesting that TAG Immobilien may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
In 2024, TAG Immobilien reported that EUR 210.10 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 93.7% of the company's total CAPEX. Of this amount, EUR 23.80 million (10.6% of total CAPEX) was classified as Taxonomy-aligned. This means that 83.1% of TAG Immobilien'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).
In 2024, TAG Immobilien reported that EUR 23.80 million of its CAPEX was aligned under the EU Taxonomy, representing 10.6% of its total capital investment.
This moderate level of alignment indicates that TAG Immobilien is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, TAG Immobilien reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, TAG Immobilien allocated EUR 23.78 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 10.6% of the company's total capital expenditure, indicating that TAG Immobilien is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
In 2024, TAG Immobilien reported EU Taxonomy-eligible OPEX of EUR 31.30 million, representing 63.4% of its total operating expenses (OPEX). Of this amount, EUR 7.50 million of TAG Immobilien's OPEX was classified as EU Taxonomy-aligned, indicating that 15.2% 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).
Since 2022, TAG Immobilien's taxonomy-aligned operating expenditure (OPEX) decreased by 19.15%, 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), TAG Immobilien's taxonomy-aligned OPEX decreased by 27.96%, suggesting that TAG Immobilien may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.
In 2024, TAG Immobilien reported that EUR 31.30 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 63.4% of the company's total OPEX. Of this amount, EUR 7.50 million (15.2% of total OPEX) was classified as Taxonomy-aligned. This means that 48.2% of TAG Immobilien'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).
In 2024, TAG Immobilien reported that EUR 7.50 million of its OPEX was aligned under the EU Taxonomy, representing 15.2% of its total operational expenditure.
This moderate level of alignment indicates that TAG Immobilien is beginning to shift operational priorities toward greener practices, with room for deeper integration.
In 2024, TAG Immobilien reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, TAG Immobilien allocated EUR 7.51 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 15.2% of the company's total OPEX, indicating that TAG Immobilien is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.