Técnicas Reunidas, S.A. is a Spanish multinational general contractor specializing in engineering, procurement, and construction services for industrial plants, particularly in the oil and gas sector.... Técnicas Reunidas, S.A. is a Spanish multinational general contractor specializing in engineering, procurement, and construction services for industrial plants, particularly in the oil and gas sector. Founded in 1959 through a partnership between Spanish businessmen and The Lummus Company, it has evolved into a global leader, designing and building over 1,000 facilities worldwide, with international projects comprising 70% of its turnover, primarily in the Middle East, Latin America, China, and North Africa. The company operates across key divisions including oil and gas, power generation, petrochemicals, infrastructures, low carbon technologies, and renewables, while also serving sectors like fertilizers, mining, metallurgy, and environmental engineering. Headquartered in Madrid, Técnicas Reunidas, S.A. maintains a dedicated research and development center focused on process innovation, hydrometallurgy, and scaling technologies from lab to industrial levels. As a prominent player in energy transition initiatives, it delivers turnkey solutions that support sustainable industrial development globally. Employing over 12,000 people, the firm continues to expand its footprint in engineering and construction markets.
In 2024, Tecnicas Reunidas 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.
Tecnicas Reunidas has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Tecnicas Reunidas 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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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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2.2 PPC - Treatment of hazardous waste
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4.1 CE - Provision of IT/OT data-driven solutions
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4.25 CCM/CCA - Production of heat/cool using waste heat
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5.3 CCM/CCA - Construction, extension and operation of waste water collection and treatment
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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)
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2021 - 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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Limited Data Preview
You are viewing a limited preview of Tecnicas Reunidas’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 2022.
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Verified Sources Behind Tecnicas Reunidas’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 Tecnicas Reunidas’s data sources below and access millions more through our Disclosure Search.
a. Tecnicas Reunidas's Financial Report 2024
b. Tecnicas Reunidas's Financial Report 2023
c. Tecnicas Reunidas's Financial Report 2022
Insights into Tecnicas Reunidas's Revenues from Sustainable Activities
In 2024, Tecnicas Reunidas reported EU Taxonomy-eligible revenues of EUR 1.17 billion, representing 26.37% of its total turnover. Of this amount, EUR 402.00 million of Tecnicas Reunidas's revenues was classified as EU Taxonomy-aligned, indicating that 9.03% 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
Tecnicas Reunidas's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Tecnicas Reunidas's revenues become more sustainable over time?
Since 2022, Tecnicas Reunidas's taxonomy-aligned revenues increased by 89.71%,reflecting a sustained upward trend in environmentally sustainable revenue generation.a, c
Compared to the previous year (2023), Tecnicas Reunidas's taxonomy-aligned revenues increased by 95.45%,highlighting Tecnicas Reunidas'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 Tecnicas Reunidas's revenue is eligible under the EU Taxonomy?
In 2024, Tecnicas Reunidas reported that EUR 1.17 billion of its revenue was eligible under the EU Taxonomy, representing 26.37% of the company's total turnover. Of this amount, EUR 402.00 million (9.03% of total revenue) was classified as Taxonomy-aligned. This means that 17.34% of Tecnicas Reunidas'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 Tecnicas Reunidas's eligible revenue is aligned with the EU Taxonomy?
In 2024, Tecnicas Reunidas reported that EUR 402.00 million of its revenue was aligned under the EU Taxonomy, representing 9.03% of its total turnover.a
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.
Tecnicas Reunidas's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Tecnicas Reunidas's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Tecnicas Reunidas reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 5.49%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0.3%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 3.24%
How much revenue does Tecnicas Reunidas earn from selling climate-related solutions ?
In 2024, Tecnicas Reunidas reported that EUR 244.38 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 5.49% of the company's total revenue,indicating that Tecnicas Reunidashas limited exposureon solutions that support climate action through its commercial activities.a
Insights into Tecnicas Reunidas's CAPEX from Sustainable Activities
In 2024, Tecnicas Reunidas reported EU Taxonomy-eligible CAPEX of EUR 0,representing 0% of its total CAPEX. Of this amount, EUR 0 of Tecnicas Reunidas'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).a
Insights into Tecnicas Reunidas's OPEX from Sustainable Activities
In 2024, Tecnicas Reunidas reported EU Taxonomy-eligible OPEX of EUR 0,representing 0% of its total operating expenses (OPEX). Of this amount, EUR 0 of Tecnicas Reunidas'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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