Telenor ASA
Telenor EU Taxonomy Data Preview
In 2024, Telenor 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.
Telenor has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Telenor 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 |
|---|---|---|---|---|
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.
Insights into Telenor's Revenues from Sustainable Activities
In 2024, Telenor reported EU Taxonomy-eligible revenues of NOK 1.54 billion, representing 1.9% of its total turnover. Of this amount, NOK 0 of Telenor'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).
Insights into Telenor's CAPEX from Sustainable Activities
In 2024, Telenor reported EU Taxonomy-eligible CAPEX of NOK 942.80 million, representing 5% of its total CAPEX. Of this amount, NOK 1.80 million of Telenor's CAPEX was classified as EU Taxonomy-aligned, indicating that 0.01% 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).
Telenor's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have Telenor's increased its investment in sustainable activities over time?
Compared to the previous year (2023), Telenor's taxonomy-aligned CAPEX decreased by 93.33%, suggesting that Telenor may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
How much of Telenor's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Telenor reported that NOK 942.80 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 5% of the company's total CAPEX. Of this amount, NOK 1.80 million (0.01% of total CAPEX) was classified as Taxonomy-aligned. This means that 5% of Telenor'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 Telenor's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Telenor reported that NOK 1.80 million of its CAPEX was aligned under the EU Taxonomy, representing 0.01% of its total capital investment.
This low alignment reflects that Telenor is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Telenor's Eligibility & Alignment Overview
Telenor's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is Telenor's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Telenor reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 0.01%
- 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 Telenor is investing in climate-related solutions?
In 2024, Telenor allocated NOK 1.89 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.01% of the company's total capital expenditure, indicating that Telenor has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.
Insights into Telenor's OPEX from Sustainable Activities
In 2024, Telenor reported EU Taxonomy-eligible OPEX of NOK 113.00 million, representing 2.1% of its total operating expenses (OPEX). Of this amount, NOK 0 of Telenor'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).
Telenor's Taxonomy-Eligible Opex Over Time
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have Telenor's increased its spending in sustainable activities over time?
Compared to the previous year (2023), Telenor's taxonomy-aligned OPEX decreased by 100%, suggesting that Telenor may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.