In 2024, Vestum 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.
Vestum has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Vestum 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, Vestum reported EU Taxonomy-eligible revenues of SEK 694.00 million, representing 16% of its total turnover. Of this amount, SEK 386.00 million of Vestum's revenues was classified as EU Taxonomy-aligned, indicating that 9% 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, Vestum's taxonomy-aligned revenues decreased by 10% , indicating a long-term decline in environmentally sustainable revenue performance.
Compared to the previous year (2023), Vestum's taxonomy-aligned revenues increased by 125%, highlighting Vestum'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, Vestum reported that SEK 694.00 million of its revenue was eligible under the EU Taxonomy, representing 16% of the company's total turnover. Of this amount, SEK 386.00 million (9% of total revenue) was classified as Taxonomy-aligned. This means that 7% of Vestum'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, Vestum reported that SEK 386.00 million of its revenue was aligned under the EU Taxonomy, representing 9% 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, Vestum reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, Vestum reported that SEK 382.14 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 9% of the company's total revenue, indicating that Vestum has limited exposure on solutions that support climate action through its commercial activities.
In 2024, Vestum reported EU Taxonomy-eligible CAPEX of SEK 133.00 million, representing 67% of its total CAPEX. Of this amount, SEK 0 of Vestum'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).
In 2024, Vestum reported EU Taxonomy-eligible OPEX of SEK 4.00 million, representing 25% of its total operating expenses (OPEX). Of this amount, SEK 4.00 million of Vestum's OPEX was classified as EU Taxonomy-aligned, indicating that 25% 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).
In 2024, Vestum reported that SEK 4.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 25% of the company's total OPEX. Of this amount, SEK 4.00 million (25% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of Vestum'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, Vestum reported that SEK 4.00 million of its OPEX was aligned under the EU Taxonomy, representing 25% of its total operational expenditure.
This moderate level of alignment indicates that Vestum is beginning to shift operational priorities toward greener practices, with room for deeper integration.
In 2024, Vestum reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, Vestum allocated SEK 3.75 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 25% of the company's total OPEX, indicating that Vestum is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.