Tietoevry Oyj

Common Name
Tietoevry
Country
Finland
Sector
Technology
Industry
Information Technology Services
Employees
23,958
Ticker
TIETO
Exchange
NASDAQ HELSINKI LTD
Description
TietoEvry Oyj is a leading Nordic software and services company, specializing in digitalization and IT services. Its primary function is to enable business transformation by providing cloud-based solu...

Tietoevry EU Taxonomy Data Preview

In 2024, Tietoevry 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.

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

In 2024, Tietoevry reported EU Taxonomy-eligible revenues of EUR 455.90 million, representing 16% of its total turnover. Of this amount, EUR 7.50 million of Tietoevry's revenues was classified as EU Taxonomy-aligned, indicating that 0.3% 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).

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

In 2024, Tietoevry reported that EUR 455.90 million of its revenue was eligible under the EU Taxonomy, representing 16% of the company's total turnover. Of this amount, EUR 7.50 million (0.3% of total revenue) was classified as Taxonomy-aligned. This means that 16% of Tietoevry'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 Tietoevry's eligible revenue is aligned with the EU Taxonomy?

In 2024, Tietoevry reported that EUR 7.50 million of its revenue was aligned under the EU Taxonomy, representing 0.3% 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.

Tietoevry's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(84.0%)Total TaxonomyAligned A1 Turnover(0.3%)Total TaxonomyEligible but NotAligned A2 Turnover(16.0%)

Tietoevry'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 Tietoevry's taxonomy-aligned revenue distributed across the EU environmental objectives?

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

  • Climate Change Mitigation: 0%
  • 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: 0%

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

In 2024, Tietoevry reported that EUR 0 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 0% of the company's total revenue, indicating that Tietoevry has limited exposure on solutions that support climate action through its commercial activities.

Insights into Tietoevry's CAPEX from Sustainable Activities

In 2024, Tietoevry reported EU Taxonomy-eligible CAPEX of EUR 93.20 million, representing 64% of its total CAPEX. Of this amount, EUR 1.00 million of Tietoevry's CAPEX was classified as EU Taxonomy-aligned, indicating that 1% 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).

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

In 2024, Tietoevry reported that EUR 93.20 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 64% of the company's total CAPEX. Of this amount, EUR 1.00 million (1% of total CAPEX) was classified as Taxonomy-aligned. This means that 63% of Tietoevry'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 Tietoevry's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Tietoevry reported that EUR 1.00 million of its CAPEX was aligned under the EU Taxonomy, representing 1% of its total capital investment.

This low alignment reflects that Tietoevry is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Tietoevry's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(36.0%)Total TaxonomyAligned A1 Capex(1.0%)Total TaxonomyEligible but NotAligned A2 Capex(63.0%)

Tietoevry's Contribution to Environmental Objectives

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

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

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

  • Climate Change Mitigation: 0%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 1%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much Tietoevry is investing in climate-related solutions?

In 2024, Tietoevry allocated EUR 0 of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0% of the company's total capital expenditure, indicating that Tietoevry has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.

Insights into Tietoevry's OPEX from Sustainable Activities

In 2024, Tietoevry reported EU Taxonomy-eligible OPEX of EUR 19.65 million, representing 22% of its total operating expenses (OPEX). Of this amount, EUR 1.10 million of Tietoevry's OPEX was classified as EU Taxonomy-aligned, indicating that 1% 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).

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

In 2024, Tietoevry reported that EUR 19.65 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 22% of the company's total OPEX. Of this amount, EUR 1.10 million (1% of total OPEX) was classified as Taxonomy-aligned. This means that 21% of Tietoevry'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 Tietoevry's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Tietoevry reported that EUR 1.10 million of its OPEX was aligned under the EU Taxonomy, representing 1% of its total operational expenditure.

This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.

Tietoevry's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(78.0%)Total TaxonomyAligned A1 Opex(1.0%)Total TaxonomyEligible but NotAligned A2 Opex(21.0%)

Tietoevry's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%5.5%11%16.5%22%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

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

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

  • Climate Change Mitigation: 0%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 1%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

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

In 2024, Tietoevry allocated EUR 0 of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0% of the company's total OPEX, indicating that Tietoevry 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.