Xxl AS

Common Name
Xxl
Country
Norway
Sector
Consumer Cyclical
Industry
Specialty Retail
Employees
1,698
Ticker
XXL
Exchange
OSLO BORS
Description
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 EU Taxonomy Data Preview

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)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
0000000
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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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0000000
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 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).

Xxl's Taxonomy-Eligible Turnover Over Time

202320240%2.5%5%7.5%10%% Taxonomy-Eligible turnover
  • 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.

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.

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.

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

Total TaxonomyNon-Eligible BTurnover(91.8%)Total TaxonomyAligned A1 Turnover(7.1%)Total TaxonomyEligible but NotAligned A2 Turnover(1.2%)

Xxl's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%2%4%6%8%% Taxonomy-Eligible turnover
  • 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 objectives:

  • 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 Xxl has limited exposure on solutions that support climate action through its commercial activities.

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).

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).

Xxl's Taxonomy-Eligible Opex Over Time

202320240%5%10%15%20%% Taxonomy-Eligible opex
  • 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.