Westag AG
Westag EU Taxonomy Data Preview
In 2023, Westag 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.
Westag has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Westag 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 Westag's Revenues from Sustainable Activities
In 2023, Westag reported EU Taxonomy-eligible revenues of EUR 3.35 million, representing 1.6% of its total turnover. Of this amount, EUR 3.35 million of Westag's revenues was classified as EU Taxonomy-aligned, indicating that 1.6% 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).
Westag's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Westag's revenues become more sustainable over time?
Compared to the previous year (2022), Westag's taxonomy-aligned revenues decreased by 76.81% , suggesting that Westag may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.
How much of Westag's revenue is eligible under the EU Taxonomy?
In 2023, Westag reported that EUR 3.35 million of its revenue was eligible under the EU Taxonomy, representing 1.6% of the company's total turnover. Of this amount, EUR 3.35 million (1.6% of total revenue) was classified as Taxonomy-aligned. This means that 0% of Westag'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 Westag's eligible revenue is aligned with the EU Taxonomy?
In 2023, Westag reported that EUR 3.35 million of its revenue was aligned under the EU Taxonomy, representing 1.6% 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.
Westag's Eligibility & Alignment Overview
Westag's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Westag's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2023, Westag reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 1.6%
- 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 Westag earn from selling climate-related solutions ?
In 2023, Westag reported that EUR 3.43 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 1.6% of the company's total revenue, indicating that Westag has limited exposure on solutions that support climate action through its commercial activities.
Insights into Westag's CAPEX from Sustainable Activities
In 2023, Westag reported EU Taxonomy-eligible CAPEX of EUR 653,000, representing 16.7% of its total CAPEX. Of this amount, EUR 653,000 of Westag's CAPEX was classified as EU Taxonomy-aligned, indicating that 16.7% 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).
Westag's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have Westag's increased its investment in sustainable activities over time?
Compared to the previous year (2022), Westag's taxonomy-aligned CAPEX increased by 323.86%, highlighting Westag'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 Westag's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2023, Westag reported that EUR 653,000 of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 16.7% of the company's total CAPEX. Of this amount, EUR 653,000 (16.7% of total CAPEX) was classified as Taxonomy-aligned. This means that 0% of Westag'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 Westag's eligible CAPEX is aligned with the EU Taxonomy?
In 2023, Westag reported that EUR 653,000 of its CAPEX was aligned under the EU Taxonomy, representing 16.7% of its total capital investment.
This moderate level of alignment indicates that Westag is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Westag's Eligibility & Alignment Overview
Westag's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is Westag's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2023, Westag reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 16.7%
- 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 Westag is investing in climate-related solutions?
In 2023, Westag allocated EUR 650,799 of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 16.7% of the company's total capital expenditure, indicating that Westag is moderately allocating capital toward climate-aligned initiatives, while maintaining a diversified investment portfolio.
Insights into Westag's OPEX from Sustainable Activities
In 2023, Westag reported EU Taxonomy-eligible OPEX of EUR 505,000, representing 0.6% of its total operating expenses (OPEX). Of this amount, EUR 505,000 of Westag's OPEX was classified as EU Taxonomy-aligned, indicating that 0.6% 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).
Westag's Taxonomy-Eligible Opex Over Time
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
Have Westag's increased its spending in sustainable activities over time?
Compared to the previous year (2022), Westag's taxonomy-aligned OPEX decreased by 82.14%, suggesting that Westag may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.
How much of Westag's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2023, Westag reported that EUR 505,000 of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 0.6% of the company's total OPEX. Of this amount, EUR 505,000 (0.6% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of Westag'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 Westag's eligible OPEX is aligned with the EU Taxonomy?
In 2023, Westag reported that EUR 505,000 of its OPEX was aligned under the EU Taxonomy, representing 0.6% 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.
Westag's Eligibility & Alignment Overview
Westag's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Opex
- Total Taxonomy Eligible but Not Aligned A2 Opex
How is Westag's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2023, Westag reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 0.6%
- 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 Westag's operational budget supports climate-related solutions?
In 2023, Westag allocated EUR 549,438 of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.6% of the company's total OPEX, indicating that Westag 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.