In 2024, VGP 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.
VGP has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of VGP 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, VGP reported EU Taxonomy-eligible revenues of EUR 121.40 million, representing 100% of its total turnover. Of this amount, EUR 11.61 million of VGP's revenues was classified as EU Taxonomy-aligned, indicating that 9.6% 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), VGP's taxonomy-aligned revenues increased by 860%, highlighting VGP'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, VGP reported that EUR 121.40 million of its revenue was eligible under the EU Taxonomy, representing 100% of the company's total turnover. Of this amount, EUR 11.61 million (9.6% of total revenue) was classified as Taxonomy-aligned. This means that 90.4% of VGP'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, VGP reported that EUR 11.61 million of its revenue was aligned under the EU Taxonomy, representing 9.6% 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, VGP reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, VGP reported that EUR 11.65 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 9.6% of the company's total revenue, indicating that VGP has limited exposure on solutions that support climate action through its commercial activities.
In 2024, VGP reported EU Taxonomy-eligible CAPEX of EUR 571.58 million, representing 99.6% of its total CAPEX. Of this amount, EUR 72.47 million of VGP's CAPEX was classified as EU Taxonomy-aligned, indicating that 12.6% 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), VGP's taxonomy-aligned CAPEX increased by 3,050%, highlighting VGP's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.
In 2024, VGP reported that EUR 571.58 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 99.6% of the company's total CAPEX. Of this amount, EUR 72.47 million (12.6% of total CAPEX) was classified as Taxonomy-aligned. This means that 87% of VGP'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, VGP reported that EUR 72.47 million of its CAPEX was aligned under the EU Taxonomy, representing 12.6% of its total capital investment.
This moderate level of alignment indicates that VGP is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, VGP reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, VGP allocated EUR 71.71 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 12.5% of the company's total capital expenditure, indicating that VGP is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
In 2024, VGP reported EU Taxonomy-eligible OPEX of EUR 21.05 million, representing 100% of its total operating expenses (OPEX). Of this amount, EUR 2.01 million of VGP's OPEX was classified as EU Taxonomy-aligned, indicating that 9.6% 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, VGP reported that EUR 21.05 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 100% of the company's total OPEX. Of this amount, EUR 2.01 million (9.6% of total OPEX) was classified as Taxonomy-aligned. This means that 90.4% of VGP'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, VGP reported that EUR 2.01 million of its OPEX was aligned under the EU Taxonomy, representing 9.6% 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, VGP reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, VGP allocated EUR 2.02 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 9.6% of the company's total OPEX, indicating that VGP 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.