Sustainable AGRANA products in accordance
with the EU-Taxonomy
In summer 2020, the European Union adopted the Taxonomy Regulation (Reg (EU) 2020/852), which defines criteria for reporting revenues, investments and operating expenses from or in sustainable economic activities. To be considered sustainable, economic activities must serve one of six EU environmental objectives – climate change mitigation, adaptation to climate change, sustainable use of water resources, transition to a circular economy, pollution prevention, or protection of ecosystems and biodiversity – without significantly compromising any of the other five. In addition, they must meet minimum social standards. For AGRANA's 2021|22 financial year, non-financial companies only report their EU-taxonomy-eligible revenues, capital expenditures and operating expenses. The determination of these taxonomy-eligible key performance indicators (KPIs) was based on the technical screening criteria for the economic activities identified under the two goals of climate change mitigation (EU objective 1) and climate change adaptation (EU objective 2).
As the current EU taxonomy rules do not yet address economic activities in the production of food and beverages or food ingredients, a large part of the AGRANA Group’s revenue is not yet within the scope of the EU taxonomy. For the 2021|22 financial year, in the numerator of the ratio that represents the KPI in question, the AGRANA Group can therefore report taxonomy-eligible revenue only from its business activities under "4.13. Manufacture of biogas and biofuels for use in transport and of bioliquids" from bioethanol produced at the site in Pischelsdorf, Austria; from the biogas production, processing and injection of biomethane into the local natural gas grid at the sugar factory in Kaposvár, Hungary, to be classified under business activity "5.7. Anaerobic digestion of biowaste" (for details, see the Sugar segment report, page 72); and from thermoplastic starch produced at the Gmünd, Austria, starch plant under activity "3.17. Manufacture of plastics in primary forms". The denominator of this KPI consists of the revenue reported in the 2021|22 consolidated financial statements.
Economic activities |
Unit |
Revenue in 2021|22 |
Share of revenue |
Taxonomy-eligible revenue (A2) | €000 | 226,335 | 7.8% |
Taxonomy-non-eligible revenue (B) | €000 | 2,675,209 | 92.2% |
Total (A2+B) | €000 | 2,901,544 | 100% |
EU-taxonomy-eligible capital expenditure in AGRANA’s business activities in the 2021|22 financial year related to investment falling under, among others, the economic activities "4.25. Generation of heat/cold using waste heat", "7.1. Construction of new buildings", "5.1. Construction, expansion and operation of water collection, treatment and supply systems", "6.5. Transport by motorbikes, passenger cars and light commercial vehicles", "7.2. Renovation of existing buildings" and "9.1. Market-oriented research, development and innovation". The sum of these investment expenditures represents the numerator of the KPI. The denominator consists of the amount of "purchases of property, plant and equipment and intangibles" reported in the 2021|22 consolidated financial statements.
Economic activities |
Unit |
Capital expenditure |
Share of |
Taxonomy-eligible capital expenditure (A2) | €000 | 8,756 | 10.6% |
Taxonomy-non-eligible capital expenditure (B) | €000 | 73,611 | 89.4% |
Total (A2+B) | €000 | 82,367 | 100% |
The EU taxonomy's definition of operating expenses, which is limited to the areas of maintenance and repair, short term leases, building renovation, research and development, and training, together with the ex-post consideration of existing capital and operating expenditures carried out in the 2021|22 financial year, restricts the reporting of taxonomy-eligible operating expenses in the financial year mainly to those for "4.13. Manufacture of biogas and biofuels for use in transport and of bioliquids", "9.1. Market-oriented research, development and innovation", "5.1. Construction, expansion and operation of water collection, treatment and supply systems", "5.7 Anaerobic digestion of biowaste", and "6.6 Freight transport services by road". The total of these expenses represents the numerator. The denominator of the KPI in question cannot be obtained from the 2021|22 consolidated financial statements due to the EU-taxonomy-specific definition of operating expenses.
Economic activities |
Unit |
Operating expenses |
Share of |
Taxonomy-eligible operating expenses (A2) | €000 | 6,370 | 10.7% |
Taxonomy-non-eligible operating expenses (B) | €000 | 53,151 | 89.3% |
Total (A2+B) | €000 | 59,521 | 100% |
Organic products in all business segments – Organic is more than just a trend
At AGRANA, we were early to identify the steadily growing levels of awareness among consumers with regard to sustainability and health as well as the rising demand for organic products. We offer organic products in all of our business segments; products which are certified by independent monitoring agencies.