Annual Report 2023

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Taxonomy-Aligned Proportion of Sales, Capital Expenditure and Operating Expenditure

This section currently refers solely to those activities to be regarded as taxonomy-aligned in relation to “Plastics in primary form”: The basis for calculation – as regards the activity identified as taxonomy-eligible (“Plastics in primary form”) – and disclosure of taxonomy-eligible proportions of sales, capital expenditure (CapEx) and operating expenditure (OpEx) in relation to the respective share in total Group sales or total Group capital expenditure or operating expenditure are applied analogously to taxonomy-aligned activities. That is, the individual taxonomy-aligned proportions of sales/CapEx/OpEx are compared with the respective proportion of sales, CapEx or OpEx for the entire Group.

As regards the activity identified as taxonomy-eligible (“Plastics in primary form”), the taxonomy-aligned proportion of sales to total sales of the Group is only 0.1 percent, whereas the proportion of sales from taxonomy-eligible activities is almost 66.9 percent.

There are various reasons for this:

  • A proportion of taxonomy-eligible products is already based on renewable raw materials. As no fossil-based technology is being replaced, it is impossible to achieve taxonomy alignment.
  • Renewable raw materials are not available in sufficient quantities and at competitive prices, making it currently impossible to substitute renewable for fossil-based raw materials.
  • Given the large number of different products for a very wide variety of value chains, the large amount of time and effort needed to meet the technical assessment criteria can be provided only in stages.

The same applies to the taxonomy-aligned proportions of capital expenditures and operating expenditures as compared with the respective total figures calculated using a production volume key.

The taxonomy-aligned share of CapEx in total CapEx is 0.02 percent (mainly capital expenditure in plants), as compared with 31.0 percent for taxonomy-eligible CapEx.

At 0.02 percent, the taxonomy-aligned share of OpEx (including maintenance and servicing) in total OpEx is substantially lower than the taxonomy-eligible share of 47.9 percent.

A detailed comparison of these figures is presented in the tables below.

Proportion of sales from goods and services related to taxonomy-eligible economic activities – 2023 disclosure

 

 

 

 

 

 

 

 

Substantial contribution criteria

 

DNSH criteria ("Does Not Significantly Harm")

 

 

 

 

 

 

 

 

Economic activities (1)

 

Code (2)

 

Turnover* (3)

 

Propor­tion of Turn­over*, 2023 (4)

 

Cli­mate Change Miti­gation (5)

 

Cli­mate Change Adap­tation (6)

 

Water (7)

 

Pollu­tion (8)

 

Circu­lar Eco­nomy (9)

 

Biodi­versity (10)

 

Cli­mate Change Miti­gation (11)

 

Cli­mate Change Adap­tation (12)

 

Water (13)

 

Pollu­tion (14)

 

Circu­lar Eco­nomy (15)

 

Biodi­versity (16)

 

Mini­mum Safe­guards (17)

 

Propor­tion of Taxo­nomy­aligned (A.1) or -eligible (A.2) Turnover*, 2022 (18)

 

Category en­abling activity (19)

 

Category transi­tional activity (20)

Text

 

 

 

mEuro

 

%

 

Y; N;
N/EL**

 

Y; N;
N/EL**

 

Y; N;
N/EL**

 

Y; N;
N/EL**

 

Y; N;
N/EL**

 

Y; N;
N/EL**

 

Y; N;

 

Y; N;

 

Y; N;

 

Y; N;

 

Y; N;

 

Y; N;

 

Y; N;

 

%

 

E

 

T

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A. TAXONOMY-ELIGIBLE ACTIVITIES

A.1 Environmentally sustainable activities (Taxonomy-aligned)

Manufacture of plastics in primary form

 

CCM
3.17

 

6.4

 

0.10

 

Y

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

0.08

 

-

 

T

Turnover* of environmentally sustainable activities (Taxonomy-aligned) (A.1)

 

6.4

 

0.10

 

Y

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

0.08

 

 

 

 

Of which Enabling

 

 

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

 

 

-

 

 

Of which Transitional

 

 

 

 

 

 

 

100

 

 

 

 

 

 

 

 

 

 

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

0.08

 

 

 

T

A.2 Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities)

Text

 

 

 

mEuro

 

%

 

EL;
N/EL***

 

EL;
N/EL***

 

EL;
N/EL***

 

EL;
N/EL***

 

EL;
N/EL***

 

EL;
N/EL***

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Manufacture of plastics in primary form

 

CCM
3.17

 

4,285.9

 

66.9

 

EL

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

66.2

 

 

 

 

Manufacture of active pharmaceutical ingredients (API) or active substances

 

PPC
1.1

 

105.4

 

1.6

 

N/EL

 

N/EL

 

N/EL

 

EL

 

N/EL

 

N/EL

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Turnover* of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)

 

4,391.3

 

68.6

 

-

 

-

 

 

 

-

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

66.2

 

 

 

 

A. Turnover* of Taxonomy-eligible activities (A.1 + A.2)

 

4,397.7

 

68.7

 

-

 

-

 

 

 

-

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

66.3

 

 

 

 

B. TAXONOMY-NON-ELIGIBLE ACTIVITIES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Turnover* of Taxonomy-non-eligible activities (B)

 

2,004.5

 

31.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total (A + B)

 

6,402.2

 

100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*

Turnover (corresponds to "sales" in this report)

**

Y - Yes, Taxonomy-eligible and Taxonomy-aligned activity with the relevant environmental objective
N - No, Taxonomy-eligible but not Taxonomy-aligned activity with the relevant environmental objective
N/EL - not eligible, Taxonomy-non eligible activity for the relevant environmental objective

***

EL - Taxonomy-eligible activity for the relevant objective
N/EL - Taxonomy-non-eligible activity for the relevant objective
Proportion of CapEx from goods and services related to taxonomy-eligible economic activities – 2023 disclosure

 

 

 

 

 

 

 

 

Substantial contribution criteria

 

DNSH criteria ("Does Not Significantly Harm")

 

 

 

 

 

 

 

 

Economic activities (1)

 

Code (2)

 

CapEx (3)

 

Propor­tion of CapEx, current year (4)

 

Cli­mate Change Miti­gation (5)

 

Cli­mate Change Adap­tation (6)

 

Water (7)

 

Pollu­tion (8)

 

Circu­lar Eco­nomy (9)

 

Biodi­versity (10)

 

Cli­mate Change Miti­gation (11)

 

Cli­mate Change Adap­tation (12)

 

Water (13)

 

Pollu­tion (14)

 

Circu­lar Eco­nomy (15)

 

Biodi­versity (16)

 

Mini­mum Safe­guards (17)

 

Propor­tion of Taxo­nomy­aligned (A.1) or -eligible (A.2) CapEx, 2022 (18)

 

Category en­abling activity (19)

 

Category transi­tional activity (20)

Text

 

 

 

mEuro

 

%

 

Y; N;
N/EL*

 

Y; N;
N/EL*

 

Y; N;
N/EL*

 

Y; N;
N/EL*

 

Y; N;
N/EL*

 

Y; N;
N/EL*

 

Y; N;

 

Y; N;

 

Y; N;

 

Y; N;

 

Y; N;

 

Y; N;

 

Y; N;

 

%

 

E

 

T

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A. TAXONOMY-ELIGIBLE ACTIVITIES

A.1 Environmentally sustainable activities (Taxonomy-aligned)

Manufacture of plastics in primary form

 

CCM
3.17

 

0.1

 

0.02

 

Y

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

0.01

 

-

 

T

CapEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)

 

0.1

 

0.02

 

Y

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

0.01

 

 

 

 

Of which Enabling

 

 

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

 

 

-

 

 

Of which Transitional

 

 

 

 

 

 

 

100

 

 

 

 

 

 

 

 

 

 

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

0.01

 

 

 

T

A.2 Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities)

Text

 

 

 

mEuro

 

%

 

EL;
N/EL**

 

EL;
N/EL**

 

EL;
N/EL**

 

EL;
N/EL**

 

EL;
N/EL**

 

EL;
N/EL**

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Manufacture of plastics in primary form

 

CCM
3.17

 

275.7

 

31.0

 

EL

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

32.6

 

 

 

 

Manufacture of active pharmaceutical ingredients (API) or active substances

 

PPC
1.1

 

141.2

 

15.9

 

N/EL

 

N/EL

 

N/EL

 

EL

 

N/EL

 

N/EL

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CapEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)

 

416.9

 

46.8

 

 

 

-

 

-

 

 

 

-

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

32.6

 

 

 

 

A. CapEx of Taxonomy-eligible activities (A.1 + A.2)

 

417.0

 

46.8

 

 

 

-

 

-

 

 

 

-

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

32.6

 

 

 

 

B. TAXONOMY-NON-ELIGIBLE ACTIVITIES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CapEx of Taxonomy-non-eligible activities

 

473.4

 

53.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total (A + B)

 

890.4

 

100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*

Y - Yes, Taxonomy-eligible and Taxonomy-aligned activity with the relevant environmental objective
N - No, Taxonomy-eligible but not Taxonomy-aligned activity with the relevant environmental objective
N/EL - not eligible, Taxonomy-non eligible activity for the relevant environmental objective

**

EL - Taxonomy-eligible activity for the relevant objective
N/EL - Taxonomy-non-eligible activity for the relevant objective
Proportion of OpEx from goods and services related to taxonomy-eligible economic activities – 2023 disclosure

 

 

 

 

 

 

 

 

Substantial contribution criteria

 

DNSH criteria ("Does Not Significantly Harm")

 

 

 

 

 

 

 

 

Economic activities (1)

 

Code (2)

 

OpEx (3)

 

Propor­tion of OpEx, 2023 (4)

 

Cli­mate Change Miti­gation (5)

 

Cli­mate Change Adap­tation (6)

 

Water (7)

 

Pollu­tion (8)

 

Circu­lar Eco­nomy (9)

 

Biodi­versity (10)

 

Cli­mate Change Miti­gation (11)

 

Cli­mate Change Adap­tation (12)

 

Water (13)

 

Pollu­tion (14)

 

Circu­lar Eco­nomy (15)

 

Biodi­versity (16)

 

Mini­mum Safe­guards (17)

 

Propor­tion of Taxo­nomy­aligned (A.1) or -eligible (A.2) OpEx, 2022 (18)

 

Category en­abling activity (19)

 

Category transi­tional activity (20)

Text

 

 

 

mEuro

 

%

 

Y; N;
N/EL*

 

Y; N;
N/EL*

 

Y; N;
N/EL*

 

Y; N;
N/EL*

 

Y; N;
N/EL*

 

Y; N;
N/EL*

 

Y; N;

 

Y; N;

 

Y; N;

 

Y; N;

 

Y; N;

 

Y; N;

 

Y; N;

 

%

 

E

 

T

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A. TAXONOMY-ELIGIBLE ACTIVITIES

A.1 Environmentally sustainable activities (Taxonomy-aligned)

Manufacture of plastics in primary form

 

3.17

 

0.2

 

0.02

 

Y

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

0.01

 

-

 

T

OpEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)

 

0.2

 

0.02

 

Y

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

0.01

 

 

 

 

Of which Enabling

 

 

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

-

 

 

 

-

 

 

Of which Transitional

 

 

 

 

 

 

 

100

 

 

 

 

 

 

 

 

 

 

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

Y

 

0.01

 

 

 

T

A.2 Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities)

Text

 

 

 

mEuro

 

%

 

EL;
N/EL**

 

EL;
N/EL**

 

EL;
N/EL**

 

EL;
N/EL**

 

EL;
N/EL**

 

EL;
N/EL**

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Manufacture of plastics in primary form

 

3.17

 

363.1

 

47.9

 

EL

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

N/EL

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

52.3

 

 

 

 

Manufacture of active pharmaceutical ingredients (API) or active substances

 

1.1

 

11.6

 

1.5

 

N/EL

 

N/EL

 

N/EL

 

EL

 

N/EL

 

N/EL

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

OpEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)

 

374.7

 

49.4

 

 

 

-

 

-

 

 

 

-

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

52.3

 

 

 

 

A. OpEx of Taxonomy-eligible activities (A.1 + A.2)

 

374.8

 

49.5

 

 

 

-

 

-

 

 

 

-

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

52.3

 

 

 

 

B. TAXONOMY-NON-ELIGIBLE ACTIVITIES

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

OpEx of Taxonomy-non-eligible activities

 

383.0

 

50.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total (A + B)

 

757.8

 

100

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*

Y - Yes, Taxonomy-eligible and Taxonomy-aligned activity with the relevant environmental objective
N - No, Taxonomy-eligible but not Taxonomy-aligned activity with the relevant environmental objective
N/EL - not eligible, Taxonomy-non eligible activity for the relevant environmental objective

**

EL - Taxonomy-eligible activity for the relevant objective
N/EL - Taxonomy-non-eligible activity for the relevant objective
Scope of taxonomy eligibility and taxonomy conformity by environmental objective

 

 

 

 

 

 

 

 

 

2023

 

Proportion of turnover/Total turnover (%)

 

Proportion of CapEx/Total CapEx (%)

 

Proportion of OpEx/Total OpEx (%)

 

 

Aligned per objective

 

eligible per objective

 

Aligned per objective

 

eligible per objective

 

Aligned per objective

 

eligible per objective

 

 

 

 

 

 

 

 

 

 

 

 

 

CCM (Climate Change Mitigation)

 

0.10

 

66.9

 

0.02

 

31.0

 

0.02

 

47.9

CCA (Climate Change Adaption)

 

–

 

–

 

–

 

–

 

–

 

–

WTR (Water)

 

–

 

–

 

–

 

–

 

–

 

–

CE (Circular Economy)

 

–

 

–

 

–

 

–

 

–

 

–

PPC (Pollution Prevention and Control)

 

–

 

1.65

 

–

 

15.9

 

–

 

1.5

BIO (Biodiversity and Ecosystems)

 

–

 

–

 

–

 

–

 

–

 

–

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