Tesmec SpA

Common Name
Tesmec
Country
Italy
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
901
Ticker
TES
Exchange
EURONEXT MILAN
Description
Tesmec S.p.A. is a prominent player in the engineering and infrastructure industries, specializing in the design and manufacture of equipment for the construction, maintenance, and management of infra...

Tesmec EU Taxonomy Data Preview

In 2024, Tesmec 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.

Tesmec has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Tesmec 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
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0000000
Total Taxonomy Eligible A Turnover
0000000
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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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Total Taxonomy Non-Eligible B Capex
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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 Tesmec's Revenues from Sustainable Activities

In 2024, Tesmec reported EU Taxonomy-eligible revenues of EUR 199.75 million, representing 79.03% of its total turnover. Of this amount, EUR 90.08 million of Tesmec's revenues was classified as EU Taxonomy-aligned, indicating that 35.65% 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).

Tesmec's Taxonomy-Eligible Turnover Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Tesmec's revenues become more sustainable over time?

Since 2022, Tesmec's taxonomy-aligned revenues decreased by 18.23% , indicating a long-term decline in environmentally sustainable revenue performance.

Compared to the previous year (2023), Tesmec's taxonomy-aligned revenues decreased by 31.04% , suggesting that Tesmec may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.

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

In 2024, Tesmec reported that EUR 199.75 million of its revenue was eligible under the EU Taxonomy, representing 79.03% of the company's total turnover. Of this amount, EUR 90.08 million (35.65% of total revenue) was classified as Taxonomy-aligned. This means that 43.38% of Tesmec'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 Tesmec's eligible revenue is aligned with the EU Taxonomy?

In 2024, Tesmec reported that EUR 90.08 million of its revenue was aligned under the EU Taxonomy, representing 35.65% of its total turnover.

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

Tesmec's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(21.0%)Total TaxonomyAligned A1 Turnover(35.6%)Total TaxonomyEligible but NotAligned A2 Turnover(43.4%)

Tesmec's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

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

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

  • Climate Change Mitigation: 23.26%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 12.39%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much revenue does Tesmec earn from selling climate-related solutions ?

In 2024, Tesmec reported that EUR 58.79 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 23.26% of the company's total revenue, indicating that Tesmec has a moderate focus on solutions that support climate action through its commercial activities.

Insights into Tesmec's CAPEX from Sustainable Activities

In 2024, Tesmec reported EU Taxonomy-eligible CAPEX of EUR 32.90 million, representing 100% of its total CAPEX. Of this amount, EUR 14.68 million of Tesmec's CAPEX was classified as EU Taxonomy-aligned, indicating that 44.63% 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).

Tesmec's Taxonomy-Eligible Capex Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

Since 2022, Tesmec's taxonomy-aligned capital expenditure (CAPEX) increased by 47.29%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.

Compared to the previous year (2023), Tesmec's taxonomy-aligned CAPEX decreased by 7.6%, suggesting that Tesmec may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.

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

In 2024, Tesmec reported that EUR 32.90 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 100% of the company's total CAPEX. Of this amount, EUR 14.68 million (44.63% of total CAPEX) was classified as Taxonomy-aligned. This means that 55.37% of Tesmec'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 Tesmec's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Tesmec reported that EUR 14.68 million of its CAPEX was aligned under the EU Taxonomy, representing 44.63% of its total capital investment.

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

Tesmec's Eligibility & Alignment Overview

Total TaxonomyAligned A1 Capex(44.6%)Total TaxonomyEligible but NotAligned A2 Capex(55.4%)

Tesmec's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

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

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

  • Climate Change Mitigation: 38.58%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 6.05%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much Tesmec is investing in climate-related solutions?

In 2024, Tesmec allocated EUR 12.69 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 38.58% of the company's total capital expenditure, indicating that Tesmec is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.

Insights into Tesmec's OPEX from Sustainable Activities

In 2024, Tesmec reported EU Taxonomy-eligible OPEX of EUR 8.31 million, representing 100% of its total operating expenses (OPEX). Of this amount, EUR 1.19 million of Tesmec's OPEX was classified as EU Taxonomy-aligned, indicating that 14.35% 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).

Tesmec's Taxonomy-Eligible Opex Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

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

Since 2022, Tesmec's taxonomy-aligned operating expenditure (OPEX) decreased by 57.92%, 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), Tesmec's taxonomy-aligned OPEX decreased by 60.36%, suggesting that Tesmec may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.

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

In 2024, Tesmec reported that EUR 8.31 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 100% of the company's total OPEX. Of this amount, EUR 1.19 million (14.35% of total OPEX) was classified as Taxonomy-aligned. This means that 85.65% of Tesmec'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 Tesmec's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Tesmec reported that EUR 1.19 million of its OPEX was aligned under the EU Taxonomy, representing 14.35% of its total operational expenditure.

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

Tesmec's Eligibility & Alignment Overview

Total TaxonomyAligned A1 Opex(14.3%)Total TaxonomyEligible but NotAligned A2 Opex(85.7%)

Tesmec's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%20%40%60%80%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

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

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

  • Climate Change Mitigation: 7.26%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 7.08%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much of Tesmec's operational budget supports climate-related solutions?

In 2024, Tesmec allocated EUR 602,580 of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 7.26% of the company's total OPEX, indicating that Tesmec has only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.