Wiit SpA

Common Name
Wiit
Country
Italy
Sector
Technology
Industry
Software - Infrastructure
Employees
663
Ticker
WIIT
Exchange
EURONEXT MILAN
Description
Wiit S.p.A. is a prominent European provider of cloud computing services, specializing in the delivery of private and hybrid cloud infrastructures tailored for enterprise-level clients. The primary fu...

Wiit EU Taxonomy Data Preview

In 2024, Wiit 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.

Wiit has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Wiit 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
0000000
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0000000
Total Taxonomy Non-Eligible B Turnover
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
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0000000
Total Taxonomy Eligible A Opex
0000000
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0000000
Total Taxonomy Non-Eligible B Opex
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
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0000000
Total Taxonomy Eligible A Capex
0000000
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Total Taxonomy Non-Eligible B Capex
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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 Wiit's Revenues from Sustainable Activities

In 2024, Wiit reported EU Taxonomy-eligible revenues of EUR 147.12 million, representing 94.9% of its total turnover. Of this amount, EUR 58.41 million of Wiit's revenues was classified as EU Taxonomy-aligned, indicating that 37.7% 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).

Wiit's Taxonomy-Eligible Turnover Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Wiit's revenues become more sustainable over time?

Since 2022, Wiit's taxonomy-aligned revenues decreased by 6.68% , indicating a long-term decline in environmentally sustainable revenue performance.

Compared to the previous year (2023), Wiit's taxonomy-aligned revenues decreased by 12.33% , suggesting that Wiit may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.

How much of Wiit's revenue is eligible under the EU Taxonomy?

In 2024, Wiit reported that EUR 147.12 million of its revenue was eligible under the EU Taxonomy, representing 94.9% of the company's total turnover. Of this amount, EUR 58.41 million (37.7% of total revenue) was classified as Taxonomy-aligned. This means that 57.2% of Wiit'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 Wiit's eligible revenue is aligned with the EU Taxonomy?

In 2024, Wiit reported that EUR 58.41 million of its revenue was aligned under the EU Taxonomy, representing 37.7% of its total turnover.

This moderate level of alignment indicates that Wiit has begun shifting toward more sustainable operations but still has considerable room to enhance its green offerings.

Wiit's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(5.1%)Total TaxonomyAligned A1 Turnover(37.7%)Total TaxonomyEligible but NotAligned A2 Turnover(57.2%)

Wiit's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Wiit's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, Wiit reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 36%
  • Climate Change Adaptation: 1.67%
  • 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 Wiit earn from selling climate-related solutions ?

In 2024, Wiit reported that EUR 58.40 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 37.67% of the company's total revenue, indicating that Wiit has a moderate focus on solutions that support climate action through its commercial activities.

Insights into Wiit's CAPEX from Sustainable Activities

In 2024, Wiit reported EU Taxonomy-eligible CAPEX of EUR 26.21 million, representing 94.9% of its total CAPEX. Of this amount, EUR 19.38 million of Wiit's CAPEX was classified as EU Taxonomy-aligned, indicating that 70.1% 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).

Wiit's Taxonomy-Eligible Capex Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

Have Wiit's increased its investment in sustainable activities over time?

Since 2022, Wiit's taxonomy-aligned capital expenditure (CAPEX) increased by 14.17%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.

Compared to the previous year (2023), Wiit's taxonomy-aligned CAPEX increased by 21.91%, highlighting Wiit'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 Wiit's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Wiit reported that EUR 26.21 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 94.9% of the company's total CAPEX. Of this amount, EUR 19.38 million (70.1% of total CAPEX) was classified as Taxonomy-aligned. This means that 24.8% of Wiit'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 Wiit's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Wiit reported that EUR 19.38 million of its CAPEX was aligned under the EU Taxonomy, representing 70.1% of its total capital investment.

This strong alignment suggests that Wiit is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.

Wiit's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(5.1%)Total TaxonomyAligned A1 Capex(70.1%)Total TaxonomyEligible but NotAligned A2 Capex(24.8%)

Wiit's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%20%40%60%80%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is Wiit's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, Wiit reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 67.03%
  • Climate Change Adaptation: 3.11%
  • 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 Wiit is investing in climate-related solutions?

In 2024, Wiit allocated EUR 19.37 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 70.14% of the company's total capital expenditure, indicating that Wiit is prioritizing climate-focused investments as a central part of its overall capital strategy.

Insights into Wiit's OPEX from Sustainable Activities

In 2024, Wiit reported EU Taxonomy-eligible OPEX of EUR 77.27 million, representing 86.4% of its total operating expenses (OPEX). Of this amount, EUR 30.10 million of Wiit's OPEX was classified as EU Taxonomy-aligned, indicating that 33.6% 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).

Wiit's Taxonomy-Eligible Opex Over Time

2022202320240%25%50%75%100%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

Have Wiit's increased its spending in sustainable activities over time?

Since 2022, Wiit's taxonomy-aligned operating expenditure (OPEX) decreased by 10.16%, indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.

Compared to the previous year (2023), Wiit's taxonomy-aligned OPEX decreased by 18.84%, suggesting that Wiit may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.

How much of Wiit's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2024, Wiit reported that EUR 77.27 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 86.4% of the company's total OPEX. Of this amount, EUR 30.10 million (33.6% of total OPEX) was classified as Taxonomy-aligned. This means that 52.7% of Wiit'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 Wiit's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Wiit reported that EUR 30.10 million of its OPEX was aligned under the EU Taxonomy, representing 33.6% of its total operational expenditure.

This moderate level of alignment indicates that Wiit is beginning to shift operational priorities toward greener practices, with room for deeper integration.

Wiit's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(13.7%)Total TaxonomyAligned A1 Opex(33.6%)Total TaxonomyEligible but NotAligned A2 Opex(52.7%)

Wiit's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%15%30%45%60%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

How is Wiit's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2024, Wiit reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 32.18%
  • Climate Change Adaptation: 1.46%
  • 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 Wiit's operational budget supports climate-related solutions?

In 2024, Wiit allocated EUR 30.09 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 33.64% of the company's total OPEX, indicating that Wiit is moderately integrating climate considerations into its ongoing operations, with potential to scale up climate-aligned spending.