XXL ASA is a prominent Scandinavian sporting goods retailer known for offering a comprehensive range of sports equipment, outdoor gear, and athletic apparel. The company's retail operations are strate... XXL ASA is a prominent Scandinavian sporting goods retailer known for offering a comprehensive range of sports equipment, outdoor gear, and athletic apparel. The company's retail operations are strategically spread across Norway, Sweden, Finland, and Austria, providing customers with a one-stop shop for various sporting needs. XXL ASA's stores are recognized for their large format and extensive inventory, which include products for fitness, cycling, outdoor pursuits, and team sports, appealing to both professionals and recreational enthusiasts. In addition to its physical stores, XXL ASA has an established e-commerce platform that extends its reach and enhances customer convenience. Its significant presence in the Nordic market underscores its influence in shaping sporting and leisure retail trends in the region. By leveraging a blend of competitive pricing, wide product selection, and online accessibility, XXL ASA continues to play a vital role in the sports and outdoor leisure market, providing consumers with quality products and a dynamic shopping experience.
In 2024, Xxl 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.
Xxl has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Xxl 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
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Total Taxonomy Eligible A Turnover
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Total Taxonomy Non-Eligible B Turnover
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5.1 CE - Repair, refurbishment and remanufacturing
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b
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5.2 CE - Sale of spare parts
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b
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6.4 CCM/CCA - Operation of personal mobility devices, cycle logistics
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Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Opex
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b
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Total Taxonomy Eligible A Opex
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Total Taxonomy Non-Eligible B Opex
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5.1 CE - Repair, refurbishment and remanufacturing
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b
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5.2 CE - Sale of spare parts
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b
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Metric (tonnes)
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned A1 Capex
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Total Taxonomy Eligible A Capex
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Total Taxonomy Non-Eligible B Capex
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Limited Data Preview
You are viewing a limited preview of Xxl’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories (A1, A2, A, B, and A+B), at both aggregate and activity level, with historical coverage back to undefined.
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Verified Sources Behind Xxl’s EU Taxonomy Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Xxl’s data sources below and access millions more through our Disclosure Search.
a. Xxl's Annual Report 2024
b. Xxl's Annual Report 2023
Insights into Xxl's Revenues from Sustainable Activities
In 2024, Xxl reported EU Taxonomy-eligible revenues of NOK 592.00 million, representing 8.2% of its total turnover. Of this amount, NOK 508.70 million of Xxl's revenues was classified as EU Taxonomy-aligned, indicating that 7.1% 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).a
Xxl's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Xxl's revenues become more sustainable over time?
Compared to the previous year (2023), Xxl's taxonomy-aligned revenues increased by 491.67%,highlighting Xxl's deeper integration of environmentally sustainable activities into its core business model, or improved classification and reporting of those activities under the EU Taxonomy.a, b
How much of Xxl's revenue is eligible under the EU Taxonomy?
In 2024, Xxl reported that NOK 592.00 million of its revenue was eligible under the EU Taxonomy, representing 8.2% of the company's total turnover. Of this amount, NOK 508.70 million (7.1% of total revenue) was classified as Taxonomy-aligned. This means that 1.2% of Xxl'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.a
How much of Xxl's eligible revenue is aligned with the EU Taxonomy?
In 2024, Xxl reported that NOK 508.70 million of its revenue was aligned under the EU Taxonomy, representing 7.1% of its total turnover.a
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.
Xxl's Eligibility & Alignment Overview
Xxl's Contribution to Environmental Objectives
Total Taxonomy Aligned A1 Turnover
Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Xxl's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Xxl reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 7.1%
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 Xxl earn from selling climate-related solutions ?
In 2024, Xxl reported that NOK 509.99 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 7.1% of the company's total revenue,indicating that Xxlhas limited exposureon solutions that support climate action through its commercial activities.a
Insights into Xxl's CAPEX from Sustainable Activities
In 2024, Xxl reported EU Taxonomy-eligible CAPEX of NOK 415.00 million,representing 82.3% of its total CAPEX. Of this amount, NOK 0 of Xxl'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).a
Insights into Xxl's OPEX from Sustainable Activities
In 2024, Xxl reported EU Taxonomy-eligible OPEX of NOK 62.20 million,representing 18.9% of its total operating expenses (OPEX). Of this amount, NOK 0 of Xxl's OPEX was classified as EU Taxonomy-aligned, indicating that 0% 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).a
Xxl's Taxonomy-Eligible Opex Over Time
Total Taxonomy Aligned A1 Opex
Total Taxonomy Eligible but Not Aligned A2 Opex
Have Xxl's increased its spending in sustainable activities over time?
Compared to the previous year (2023), Xxl's taxonomy-aligned OPEX decreased by 100%, suggesting that Xxl may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.a, b
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