EU Taxonomy

The objective of the EU Taxonomy is to establish a common definition of environmentally sustainable activities and thus create conditions for comparability.

In the first phase, the EU has prioritised the most CO₂ intensive activities - both from a negative and positive perspective. Addtech, whose companies have a limited share of their own production and largely focus on sustainable technology solutions that are part of end-products in industry and infrastructure, is covered by the Taxonomy to a limited extent for the 2022/2023 reporting.

On the other hand, Addtech is a key supplier and enables many of our customers’ activities in Taxonomy. Examples of technical solutions in which we deliver key components are in the production of renewable energy, forestry, manufacturing of low-CO₂ technology, recycling systems and transport systems. Read more about Addtech’s technical solutions that contribute to sustainable development in our Annual Report on pages 20-27.

Read more about the reporting requirements, KPIs and which activities within Addtech are covered by the Taxonomy for the financial year 2022/2023 in our Annual Report on pages 149–151.