In 2024, Turkiye Petrol Rafinerileri 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.
Turkiye Petrol Rafinerileri has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Turkiye Petrol Rafinerileri 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, Turkiye Petrol Rafinerileri reported EU Taxonomy-eligible revenues of USD 151.71 million, representing 1.52% of its total turnover. Of this amount, USD 22.07 million of Turkiye Petrol Rafinerileri's revenues was classified as EU Taxonomy-aligned, indicating that 0.96% 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).
Compared to the previous year (2023), Turkiye Petrol Rafinerileri's taxonomy-aligned revenues increased by 9,500%, highlighting Turkiye Petrol Rafinerileri'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, Turkiye Petrol Rafinerileri reported that USD 151.71 million of its revenue was eligible under the EU Taxonomy, representing 1.52% of the company's total turnover. Of this amount, USD 22.07 million (0.96% of total revenue) was classified as Taxonomy-aligned. This means that 0.56% of Turkiye Petrol Rafinerileri'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, Turkiye Petrol Rafinerileri reported that USD 22.07 million of its revenue was aligned under the EU Taxonomy, representing 0.96% 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.
In 2024, Turkiye Petrol Rafinerileri reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, Turkiye Petrol Rafinerileri reported that USD 220.87 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 0.96% of the company's total revenue, indicating that Turkiye Petrol Rafinerileri has limited exposure on solutions that support climate action through its commercial activities.
In 2024, Turkiye Petrol Rafinerileri reported EU Taxonomy-eligible CAPEX of USD 234.76 million, representing 62.45% of its total CAPEX. Of this amount, USD 23.29 million of Turkiye Petrol Rafinerileri's CAPEX was classified as EU Taxonomy-aligned, indicating that 6.19% 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).
Compared to the previous year (2023), Turkiye Petrol Rafinerileri's taxonomy-aligned CAPEX decreased by 51.45%, suggesting that Turkiye Petrol Rafinerileri may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
In 2024, Turkiye Petrol Rafinerileri reported that USD 234.76 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 62.45% of the company's total CAPEX. Of this amount, USD 23.29 million (6.19% of total CAPEX) was classified as Taxonomy-aligned. This means that 56.25% of Turkiye Petrol Rafinerileri'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, Turkiye Petrol Rafinerileri reported that USD 23.29 million of its CAPEX was aligned under the EU Taxonomy, representing 6.19% of its total capital investment.
This low alignment reflects that Turkiye Petrol Rafinerileri is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, Turkiye Petrol Rafinerileri reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, Turkiye Petrol Rafinerileri allocated USD 21.99 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 5.85% of the company's total capital expenditure, indicating that Turkiye Petrol Rafinerileri has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.
In 2024, Turkiye Petrol Rafinerileri reported EU Taxonomy-eligible OPEX of USD 242.41 million, representing 49.94% of its total operating expenses (OPEX). Of this amount, USD 15.36 million of Turkiye Petrol Rafinerileri's OPEX was classified as EU Taxonomy-aligned, indicating that 3.17% 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).
Compared to the previous year (2023), Turkiye Petrol Rafinerileri's taxonomy-aligned OPEX decreased by 66.91%, suggesting that Turkiye Petrol Rafinerileri may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.
In 2024, Turkiye Petrol Rafinerileri reported that USD 242.41 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 49.94% of the company's total OPEX. Of this amount, USD 15.36 million (3.17% of total OPEX) was classified as Taxonomy-aligned. This means that 46.78% of Turkiye Petrol Rafinerileri'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, Turkiye Petrol Rafinerileri reported that USD 15.36 million of its OPEX was aligned under the EU Taxonomy, representing 3.17% 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.
In 2024, Turkiye Petrol Rafinerileri reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, Turkiye Petrol Rafinerileri allocated USD 11.55 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 2.38% of the company's total OPEX, indicating that Turkiye Petrol Rafinerileri 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.