Varta AG

Common Name
Varta
Country
Germany
Sector
Industrials
Industry
Electrical Equipment & Parts
Employees
4,049
Ticker
VAR1
Exchange
XETRA
Description
Varta AG is a leading German company that manufactures and develops energy storage solutions. Known primarily for its high-performance batteries, Varta has established itself as a key player in the mo...

Varta EU Taxonomy Data Preview

In 2024, Varta 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.

Varta has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Varta 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
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a
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b
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c
0000000
Total Taxonomy Non-Eligible B Turnover
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a
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b
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c
0000000
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Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
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0000000
Total Taxonomy Eligible A Opex
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a
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b
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c
0000000
Total Taxonomy Non-Eligible B Opex
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a
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b
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c
0000000
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Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
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0000000
Total Taxonomy Eligible A Capex
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a
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b
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c
0000000
Total Taxonomy Non-Eligible B Capex
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a
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b
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c
0000000
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Verified Sources Behind Varta’s EU Taxonomy Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Varta’s data sources below and access millions more through our Disclosure Search.

a. Varta's Annual Report 2024
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b. Varta's Sustainability Report 2023
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c. Varta's Sustainability Report 2022
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Insights into Varta's Revenues from Sustainable Activities

In 2024, Varta reported EU Taxonomy-eligible revenues of EUR 619.50 million, representing 78.1% of its total turnover. Of this amount, EUR 0 of Varta's revenues was classified as EU Taxonomy-aligned, indicating that 0% 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). a

Insights into Varta's CAPEX from Sustainable Activities

In 2024, Varta reported EU Taxonomy-eligible CAPEX of EUR 32.81 million, representing 87.5% of its total CAPEX. Of this amount, EUR 0 of Varta'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). a

Insights into Varta's OPEX from Sustainable Activities

In 2024, Varta reported EU Taxonomy-eligible OPEX of EUR 28.81 million, representing 39.7% of its total operating expenses (OPEX). Of this amount, EUR 0 of Varta's OPEX was classified as EU Taxonomy-aligned, indicating that 0% 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). a

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