Valmet EU Taxonomy disclosure

EU Taxonomy summary

27.4% of Valmet's revenues are EU Taxonomy eligible, with 23% also being Taxonomy aligned. 15.8% of Valmet's capital expenditures are EU Taxonomy eligible, with 14% also being Taxonomy aligned. Additionally, 20.8% of Valmet's operating expenses are EU Taxonomy eligible, with 20.1% also being Taxonomy aligned.

EU Taxonomy full disclosure

FY2024	Code	Value (EURm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
3.1 = Manufacture of renewable energy technologies	CCM 3.1	149	2.8%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	5.3%	E
3.2 = Manufacture of equipment for the production and use of hydrogen	CCM 3.2	0	0%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y		E
3.6 = Manufacture of other low carbon technologies	CCM 3.6	5	0.1%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0%	E
4.1 = Provision of IT/OT data-driven solutions	CE 4.1	13	0.2%	N/EL	N/EL	N/EL	N/EL	Y	N/EL	Y	Y	Y	Y	Y	Y	Y		E
5.1 = Repair, refurbishment and remanufacturing	CE 5.1	1,065	19.9%	N/EL	N/EL	N/EL	N/EL	Y	N/EL	Y	Y	Y	Y	Y	Y	Y		E
Turnover of environmentally sustainable activities (Taxonomy-aligned) (A.1)		1,232	23%	12.609%	0%	0%	0%	87.391%	0%	Y	Y	Y	Y	Y	Y	Y	5.3%
Of which enabling		1,232	23%	12.609%	0%	0%	0%	87.391%	0%	Y	Y	Y	Y	Y	Y	Y	5.3%	E
Of which transitional		0	0%	0%															T
3.1 = Manufacture of renewable energy technologies	CCM 3.1	234	4.4%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								1.9%
3.2 = Manufacture of equipment for the production and use of hydrogen	CCM 3.2	1	0.019%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
3.6 = Manufacture of other low carbon technologies	CCM 3.6	4	0.1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.3%
4.1 = Provision of IT/OT data-driven solutions	CE 4.1	0	0%	N/EL	N/EL	N/EL	N/EL	EL	N/EL								0.3%
5.1 = Repair, refurbishment and remanufacturing	CE 5.1	0	0%	N/EL	N/EL	N/EL	N/EL	EL	N/EL								23.3%
Turnover of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		239	4.5%	100%	0%	0%	0%	0%	0%								25.8%
A. Turnover of Taxonomy eligible activities (A.1+A.2)		1,470	27.4%	26.642%				73.358%									31.1%
Turnover of Taxonomy-non-eligible activities		3,889	72.6%
Total (A+B)		5,359	100%

FY2024	Code	Value (EURm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
3.1 = Manufacture of renewable energy technologies	CCM 3.1	3	1%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.6%	E
3.2 = Manufacture of equipment for the production and use of hydrogen	CCM 3.2	0	0%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y		E
3.6 = Manufacture of other low carbon technologies	CCM 3.6	0	0%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y		E
4.1 = Provision of IT/OT data-driven solutions	CE 4.1	0	0.1%	N/EL	N/EL	N/EL	N/EL	Y	N/EL	Y	Y	Y	Y	Y	Y	Y		E
5.1 = Repair, refurbishment and remanufacturing	CE 5.1	32	12.9%	N/EL	N/EL	N/EL	N/EL	Y	N/EL	Y	Y	Y	Y	Y	Y	Y		E
CapEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)		34	14%	7.857%	0%	0%	0%	92.143%	0%	Y	Y	Y	Y	Y	Y	Y	0.6%
Of which enabling		34	14%	7.857%	0%	0%	0%	92.143%	0%	Y	Y	Y	Y	Y	Y	Y	0.6%	E
Of which transitional		0	0%	0%															T
3.1 = Manufacture of renewable energy technologies	CCM 3.1	4	1.8%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.2%
3.2 = Manufacture of equipment for the production and use of hydrogen	CCM 3.2	0	0%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
3.6 = Manufacture of other low carbon technologies	CCM 3.6	0	0%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
4.1 = Provision of IT/OT data-driven solutions	CE 4.1	0	0.1%	N/EL	N/EL	N/EL	N/EL	EL	N/EL								0.1%
5.1 = Repair, refurbishment and remanufacturing	CE 5.1	0	0%	N/EL	N/EL	N/EL	N/EL	EL	N/EL								10.6%
CapEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		5	1.9%	100%	0%	0%	0%	0%	0%								11%
A. CapEx of Taxonomy eligible activities (A.1+A.2)		39	15.8%	18.354%				81.646%									11.6%
CapEx of Taxonomy-non-eligible activities		207	84.2%
Total (A+B)		246	100%

FY2024	Code	Value (EURm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
3.1 = Manufacture of renewable energy technologies	CCM 3.1	5	2.4%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.7%	E
3.2 = Manufacture of equipment for the production and use of hydrogen	CCM 3.2	0	0%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y		E
3.6 = Manufacture of other low carbon technologies	CCM 3.6	1	0.3%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.1%	E
4.1 = Provision of IT/OT data-driven solutions	CE 4.1	0	0.1%	N/EL	N/EL	N/EL	N/EL	Y	N/EL	Y	Y	Y	Y	Y	Y	Y		E
5.1 = Repair, refurbishment and remanufacturing	CE 5.1	37	17.4%	N/EL	N/EL	N/EL	N/EL	Y	N/EL	Y	Y	Y	Y	Y	Y	Y		E
OpEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)		43	20.1%	12.935%	0%	0%	0%	87.065%	0%	Y	Y	Y	Y	Y	Y	Y	0.9%
Of which enabling		43	20.1%	12.935%	0%	0%	0%	87.065%	0%	Y	Y	Y	Y	Y	Y	Y	0.9%	E
Of which transitional		0	0%	0%															T
3.1 = Manufacture of renewable energy technologies	CCM 3.1	1	0.7%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								2.3%
3.2 = Manufacture of equipment for the production and use of hydrogen	CCM 3.2	0	0%	EL	N/EL	N/EL	N/EL	N/EL	N/EL
3.6 = Manufacture of other low carbon technologies	CCM 3.6	0	0%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.1%
4.1 = Provision of IT/OT data-driven solutions	CE 4.1	0	0%	N/EL	N/EL	N/EL	N/EL	EL	N/EL								0.1%
5.1 = Repair, refurbishment and remanufacturing	CE 5.1	0	0%	N/EL	N/EL	N/EL	N/EL	EL	N/EL								23.4%
OpEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		2	0.7%	100%	0%	0%	0%	0%	0%								26%
A. OpEx of Taxonomy eligible activities (A.1+A.2)		44	20.8%	15.865%				84.135%									26.9%
OpEx of Taxonomy-non-eligible activities		169	79.2%
Total (A+B)		214	100%

Valmet

EU Taxonomy summary

EU Taxonomy full disclosure

Revenues

Capital expenditures

Operating expenses