Vitesco Technologies Group AG
Vitesco Technologies Group EU Taxonomy Data Preview
In 2023, Vitesco Technologies Group 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.
Vitesco Technologies Group has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Vitesco Technologies Group 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 |
|---|---|---|---|---|
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.
Insights into Vitesco Technologies Group's Revenues from Sustainable Activities
In 2023, Vitesco Technologies Group reported EU Taxonomy-eligible revenues of EUR 449.48 million, representing 4.87% of its total turnover. Of this amount, EUR 27.55 million of Vitesco Technologies Group's revenues was classified as EU Taxonomy-aligned, indicating that 0.3% 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).
Vitesco Technologies Group's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Vitesco Technologies Group's revenues become more sustainable over time?
Compared to the previous year (2022), Vitesco Technologies Group's taxonomy-aligned revenues increased by 328.57%, highlighting Vitesco Technologies Group's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.
How much of Vitesco Technologies Group's revenue is eligible under the EU Taxonomy?
In 2023, Vitesco Technologies Group reported that EUR 449.48 million of its revenue was eligible under the EU Taxonomy, representing 4.87% of the company's total turnover. Of this amount, EUR 27.55 million (0.3% of total revenue) was classified as Taxonomy-aligned. This means that 4.57% of Vitesco Technologies Group'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.
How much of Vitesco Technologies Group's eligible revenue is aligned with the EU Taxonomy?
In 2023, Vitesco Technologies Group reported that EUR 27.55 million of its revenue was aligned under the EU Taxonomy, representing 0.3% 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.
Vitesco Technologies Group's Eligibility & Alignment Overview
Vitesco Technologies Group's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Vitesco Technologies Group's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2023, Vitesco Technologies Group reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 0.3%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Vitesco Technologies Group earn from selling climate-related solutions ?
In 2023, Vitesco Technologies Group reported that EUR 27.70 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 0.3% of the company's total revenue, indicating that Vitesco Technologies Group has limited exposure on solutions that support climate action through its commercial activities.
Insights into Vitesco Technologies Group's CAPEX from Sustainable Activities
In 2023, Vitesco Technologies Group reported EU Taxonomy-eligible CAPEX of EUR 135.29 million, representing 19.36% of its total CAPEX. Of this amount, EUR 31.91 million of Vitesco Technologies Group's CAPEX was classified as EU Taxonomy-aligned, indicating that 4.57% 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).
Vitesco Technologies Group's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have Vitesco Technologies Group's increased its investment in sustainable activities over time?
Compared to the previous year (2022), Vitesco Technologies Group's taxonomy-aligned CAPEX increased by 121.84%, highlighting Vitesco Technologies Group's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.
How much of Vitesco Technologies Group's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2023, Vitesco Technologies Group reported that EUR 135.29 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 19.36% of the company's total CAPEX. Of this amount, EUR 31.91 million (4.57% of total CAPEX) was classified as Taxonomy-aligned. This means that 14.8% of Vitesco Technologies Group'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).
How much of Vitesco Technologies Group's eligible CAPEX is aligned with the EU Taxonomy?
In 2023, Vitesco Technologies Group reported that EUR 31.91 million of its CAPEX was aligned under the EU Taxonomy, representing 4.57% of its total capital investment.
This low alignment reflects that Vitesco Technologies Group is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Vitesco Technologies Group's Eligibility & Alignment Overview
Vitesco Technologies Group's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is Vitesco Technologies Group's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2023, Vitesco Technologies Group reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 4.57%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much Vitesco Technologies Group is investing in climate-related solutions?
In 2023, Vitesco Technologies Group allocated EUR 31.93 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 4.57% of the company's total capital expenditure, indicating that Vitesco Technologies Group has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.
Insights into Vitesco Technologies Group's OPEX from Sustainable Activities
In 2023, Vitesco Technologies Group reported EU Taxonomy-eligible OPEX of EUR 399.97 million, representing 52.81% of its total operating expenses (OPEX). Of this amount, EUR 61.81 million of Vitesco Technologies Group's OPEX was classified as EU Taxonomy-aligned, indicating that 8.16% 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).
Vitesco Technologies Group's Taxonomy-Eligible Opex Over Time
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have Vitesco Technologies Group's increased its spending in sustainable activities over time?
Compared to the previous year (2022), Vitesco Technologies Group's taxonomy-aligned OPEX increased by 60%, highlighting Vitesco Technologies Group's growing commitment to funding sustainable operations or improving how such expenses are classified and reported under the EU Taxonomy.
How much of Vitesco Technologies Group's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2023, Vitesco Technologies Group reported that EUR 399.97 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 52.81% of the company's total OPEX. Of this amount, EUR 61.81 million (8.16% of total OPEX) was classified as Taxonomy-aligned. This means that 44.65% of Vitesco Technologies Group'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).
How much of Vitesco Technologies Group's eligible OPEX is aligned with the EU Taxonomy?
In 2023, Vitesco Technologies Group reported that EUR 61.81 million of its OPEX was aligned under the EU Taxonomy, representing 8.16% 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.
Vitesco Technologies Group's Eligibility & Alignment Overview
Vitesco Technologies Group's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
How is Vitesco Technologies Group's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2023, Vitesco Technologies Group reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 8.16%
- Climate Change Adaptation: 0%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much of Vitesco Technologies Group's operational budget supports climate-related solutions?
In 2023, Vitesco Technologies Group allocated EUR 61.80 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 8.16% of the company's total OPEX, indicating that Vitesco Technologies Group 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.