Tallink Grupp AS

Common Name
Tallink Grupp
Country
Estonia
Sector
Industrials
Industry
Marine Shipping
Employees
4,787
Ticker
TAL1T
Exchange
NASDAQ TALLINN AS
Description
Tallink Grupp AS is a leading provider of passenger and cargo transportation services in the Baltic Sea region. This shipping company operates a modern fleet of ferries, connecting major cities such a...

Tallink Grupp EU Taxonomy Data Preview

In 2024, Tallink Grupp 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.

Tallink Grupp has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Tallink Grupp 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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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 Tallink Grupp's Revenues from Sustainable Activities

In 2024, Tallink Grupp reported EU Taxonomy-eligible revenues of EUR 345.10 million, representing 44% of its total turnover. Of this amount, EUR 122.80 million of Tallink Grupp's revenues was classified as EU Taxonomy-aligned, indicating that 16% 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).

Tallink Grupp's Taxonomy-Eligible Turnover Over Time

20212022202320240%15%30%45%60%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Tallink Grupp's revenues become more sustainable over time?

Compared to the previous year (2023), Tallink Grupp's taxonomy-aligned revenues decreased by 5.88% , suggesting that Tallink Grupp may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.

How much of Tallink Grupp's revenue is eligible under the EU Taxonomy?

In 2024, Tallink Grupp reported that EUR 345.10 million of its revenue was eligible under the EU Taxonomy, representing 44% of the company's total turnover. Of this amount, EUR 122.80 million (16% of total revenue) was classified as Taxonomy-aligned. This means that 28% of Tallink Grupp'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.

How much of Tallink Grupp's eligible revenue is aligned with the EU Taxonomy?

In 2024, Tallink Grupp reported that EUR 122.80 million of its revenue was aligned under the EU Taxonomy, representing 16% of its total turnover.

This moderate level of alignment indicates that Tallink Grupp has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.

Tallink Grupp's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(56.0%)Total TaxonomyAligned A1 Turnover(16.0%)Total TaxonomyEligible but NotAligned A2 Turnover(28.0%)

Tallink Grupp's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%4%8%12%16%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Tallink Grupp's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, Tallink Grupp reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 16%
  • 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 Tallink Grupp earn from selling climate-related solutions ?

In 2024, Tallink Grupp reported that EUR 125.73 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 16% of the company's total revenue, indicating that Tallink Grupp has a moderate focus on solutions that support climate action through its commercial activities.

Insights into Tallink Grupp's CAPEX from Sustainable Activities

In 2024, Tallink Grupp reported EU Taxonomy-eligible CAPEX of EUR 16.70 million, representing 49% of its total CAPEX. Of this amount, EUR 12.10 million of Tallink Grupp's CAPEX was classified as EU Taxonomy-aligned, indicating that 35% 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).

Tallink Grupp's Taxonomy-Eligible Capex Over Time

20212022202320240%25%50%75%100%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

Have Tallink Grupp's increased its investment in sustainable activities over time?

Compared to the previous year (2023), Tallink Grupp's taxonomy-aligned CAPEX decreased by 22.22%, suggesting that Tallink Grupp may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.

How much of Tallink Grupp's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Tallink Grupp reported that EUR 16.70 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 49% of the company's total CAPEX. Of this amount, EUR 12.10 million (35% of total CAPEX) was classified as Taxonomy-aligned. This means that 13% of Tallink Grupp'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).

How much of Tallink Grupp's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Tallink Grupp reported that EUR 12.10 million of its CAPEX was aligned under the EU Taxonomy, representing 35% of its total capital investment.

This moderate level of alignment indicates that Tallink Grupp is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Tallink Grupp's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(51.0%)Total TaxonomyAligned A1 Capex(35.4%)Total TaxonomyEligible but NotAligned A2 Capex(13.1%)

Tallink Grupp's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%9%18%27%36%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is Tallink Grupp's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, Tallink Grupp reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 35%
  • 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 Tallink Grupp is investing in climate-related solutions?

In 2024, Tallink Grupp allocated EUR 12.04 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 35% of the company's total capital expenditure, indicating that Tallink Grupp is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.

Insights into Tallink Grupp's OPEX from Sustainable Activities

In 2024, Tallink Grupp reported EU Taxonomy-eligible OPEX of EUR 43.50 million, representing 47% of its total operating expenses (OPEX). Of this amount, EUR 23.30 million of Tallink Grupp's OPEX was classified as EU Taxonomy-aligned, indicating that 25% 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).

Tallink Grupp's Taxonomy-Eligible Opex Over Time

20212022202320240%15%30%45%60%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

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

Compared to the previous year (2023), Tallink Grupp's taxonomy-aligned OPEX decreased by 7.41%, suggesting that Tallink Grupp may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.

How much of Tallink Grupp's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2024, Tallink Grupp reported that EUR 43.50 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 47% of the company's total OPEX. Of this amount, EUR 23.30 million (25% of total OPEX) was classified as Taxonomy-aligned. This means that 22% of Tallink Grupp'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).

How much of Tallink Grupp's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Tallink Grupp reported that EUR 23.30 million of its OPEX was aligned under the EU Taxonomy, representing 25% of its total operational expenditure.

This moderate level of alignment indicates that Tallink Grupp is beginning to shift operational priorities toward greener practices, with room for deeper integration.

Tallink Grupp's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(53.0%)Total TaxonomyAligned A1 Opex(25.0%)Total TaxonomyEligible but NotAligned A2 Opex(22.0%)

Tallink Grupp's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%6.5%13%19.5%26%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

How is Tallink Grupp's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2024, Tallink Grupp reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 25%
  • 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 Tallink Grupp's operational budget supports climate-related solutions?

In 2024, Tallink Grupp allocated EUR 23.23 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 25% of the company's total OPEX, indicating that Tallink Grupp is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.

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