In 2024, Tubos Reunidos 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.
Tubos Reunidos has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Tubos Reunidos 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 |
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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.
In 2024, Tubos Reunidos reported EU Taxonomy-eligible revenues of EUR 173.20 billion, representing 53.5% of its total turnover. Of this amount, EUR 160.03 billion of Tubos Reunidos's revenues was classified as EU Taxonomy-aligned, indicating that 49.4% 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).
Since 2022, Tubos Reunidos's taxonomy-aligned revenues decreased by 17.67% , indicating a long-term decline in environmentally sustainable revenue performance.
Compared to the previous year (2023), Tubos Reunidos's taxonomy-aligned revenues increased by 1.86%, highlighting Tubos Reunidos's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.
In 2024, Tubos Reunidos reported that EUR 173.20 billion of its revenue was eligible under the EU Taxonomy, representing 53.5% of the company's total turnover. Of this amount, EUR 160.03 billion (49.4% of total revenue) was classified as Taxonomy-aligned. This means that 4.1% of Tubos Reunidos'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.
In 2024, Tubos Reunidos reported that EUR 160.03 billion of its revenue was aligned under the EU Taxonomy, representing 49.4% of its total turnover.
This moderate level of alignment indicates that Tubos Reunidos has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
In 2024, Tubos Reunidos reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, Tubos Reunidos reported that EUR 160.04 billion 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 49.4% of the company's total revenue, indicating that Tubos Reunidos has a moderate focus on solutions that support climate action through its commercial activities.
In 2024, Tubos Reunidos reported EU Taxonomy-eligible CAPEX of EUR 3.32 billion, representing 24.7% of its total CAPEX. Of this amount, EUR 2.98 billion of Tubos Reunidos's CAPEX was classified as EU Taxonomy-aligned, indicating that 22% 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).
Since 2022, Tubos Reunidos's taxonomy-aligned capital expenditure (CAPEX) decreased by 44.02%, indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.
Compared to the previous year (2023), Tubos Reunidos's taxonomy-aligned CAPEX decreased by 47.62%, suggesting that Tubos Reunidos may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
In 2024, Tubos Reunidos reported that EUR 3.32 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 24.7% of the company's total CAPEX. Of this amount, EUR 2.98 billion (22% of total CAPEX) was classified as Taxonomy-aligned. This means that 2.5% of Tubos Reunidos'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).
In 2024, Tubos Reunidos reported that EUR 2.98 billion of its CAPEX was aligned under the EU Taxonomy, representing 22% of its total capital investment.
This moderate level of alignment indicates that Tubos Reunidos is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, Tubos Reunidos reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, Tubos Reunidos allocated EUR 2.99 billion of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 22.2% of the company's total capital expenditure, indicating that Tubos Reunidos is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
In 2024, Tubos Reunidos reported EU Taxonomy-eligible OPEX of EUR 8.29 billion, representing 22.1% of its total operating expenses (OPEX). Of this amount, EUR 8.29 billion of Tubos Reunidos's OPEX was classified as EU Taxonomy-aligned, indicating that 22.1% 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).
Since 2022, Tubos Reunidos's taxonomy-aligned operating expenditure (OPEX) decreased by 22.18%, 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), Tubos Reunidos's taxonomy-aligned OPEX increased by 1.38%, highlighting Tubos Reunidos's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
In 2024, Tubos Reunidos reported that EUR 8.29 billion of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 22.1% of the company's total OPEX. Of this amount, EUR 8.29 billion (22.1% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of Tubos Reunidos'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).
In 2024, Tubos Reunidos reported that EUR 8.29 billion of its OPEX was aligned under the EU Taxonomy, representing 22.1% of its total operational expenditure.
This moderate level of alignment indicates that Tubos Reunidos is beginning to shift operational priorities toward greener practices, with room for deeper integration.
In 2024, Tubos Reunidos reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, Tubos Reunidos allocated EUR 8.29 billion of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 22.1% of the company's total OPEX, indicating that Tubos Reunidos is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.