Taxonomy-eligible investments come from capital expenditure (CapEx) associated with an eligible economic activity or a credible plan for expanding or achieving an environmentally sustainable economic activity, or otherwise relating to the purchase of products and services from an eligible economic activity. To determine the CapEx KPI, we calculate the ratio of taxonomy-eligible investments to the sum of additions to property, plant and equipment and intangible assets during the fiscal year before depreciation, amortization and remeasurements, including additions from business combinations.
We identify taxonomy-eligible investments using project descriptions of the additions to property, plant and equipment and intangible assets. The majority of taxonomy-eligible investments at WACKER are attributable to WACKER POLYMERS and WACKER SILICONES. A small portion is attributable to our energy generation from hydropower at the Burghausen site and the wastewater treatment plants at the Burghausen and Nünchritz sites. In the reporting period, we were also able to classify investments in our combined heat and power plant in Burghausen as a taxonomy-eligible activity under Commission Delegated Regulation (EU) 2022/1214.