In 2023, Urbas Grupo Financiero 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.
Urbas Grupo Financiero has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Urbas Grupo Financiero 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 2023, Urbas Grupo Financiero reported EU Taxonomy-eligible revenues of EUR 127.24 million, representing 53% of its total turnover. Of this amount, EUR 37.97 million of Urbas Grupo Financiero's revenues was classified as EU Taxonomy-aligned, indicating that 15.8% 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 (2022), Urbas Grupo Financiero's taxonomy-aligned revenues increased by 295%, highlighting Urbas Grupo Financiero'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 2023, Urbas Grupo Financiero reported that EUR 127.24 million of its revenue was eligible under the EU Taxonomy, representing 53% of the company's total turnover. Of this amount, EUR 37.97 million (15.8% of total revenue) was classified as Taxonomy-aligned. This means that 37% of Urbas Grupo Financiero'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 2023, Urbas Grupo Financiero reported that EUR 37.97 million of its revenue was aligned under the EU Taxonomy, representing 15.8% of its total turnover.
This moderate level of alignment indicates that Urbas Grupo Financiero has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.
In 2023, Urbas Grupo Financiero reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2023, Urbas Grupo Financiero reported that EUR 38.17 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 15.9% of the company's total revenue, indicating that Urbas Grupo Financiero has a moderate focus on solutions that support climate action through its commercial activities.
In 2023, Urbas Grupo Financiero reported EU Taxonomy-eligible CAPEX of EUR 9.65 million, representing 18.4% of its total CAPEX. Of this amount, EUR 0 of Urbas Grupo Financiero's CAPEX was classified as EU Taxonomy-aligned, indicating that 0% 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 (2022), Urbas Grupo Financiero's taxonomy-aligned CAPEX decreased by 100%, suggesting that Urbas Grupo Financiero may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
In 2023, Urbas Grupo Financiero reported EU Taxonomy-eligible OPEX of EUR 8.03 million, representing 4.1% of its total operating expenses (OPEX). Of this amount, EUR 70,260 of Urbas Grupo Financiero's OPEX was classified as EU Taxonomy-aligned, indicating that 0.04% 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 (2022), Urbas Grupo Financiero's taxonomy-aligned OPEX decreased by 55.56%, suggesting that Urbas Grupo Financiero may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.
In 2023, Urbas Grupo Financiero reported that EUR 8.03 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 4.1% of the company's total OPEX. Of this amount, EUR 70,260 (0.04% of total OPEX) was classified as Taxonomy-aligned. This means that 4.1% of Urbas Grupo Financiero'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 2023, Urbas Grupo Financiero reported that EUR 70,260 of its OPEX was aligned under the EU Taxonomy, representing 0.04% 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 2023, Urbas Grupo Financiero reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2023, Urbas Grupo Financiero allocated EUR 77,241 of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.04% of the company's total OPEX, indicating that Urbas Grupo Financiero 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.