Calculations in respect of the EU Taxonomy
The parameters for monetary assessments in accordance with the EU Taxonomy are turnover, capital expenditure (CapEx) and operating expenditure (OpEx), They are calculated from the individual items listed in the following table. To calculate these parameters, a team of experts assesses relevant recording processes and posting accounts. This information is compiled at the operating entity level and then aggregated and validated on a groupwide basis.
1) the turnover corresponds to the amount reported in the consolidated financial statements’ income statement
2) for further information, see Note 04 Intangible Assets and Note 05 Property, Plant and Equipment of the consolidated financial statements
3) this also applies to additions under IAS 16, IAS 40 and IAS 38.
The calculation of taxonomy-eligible and taxonomy-aligned turnover, capital expenditure (CapEx) and operating expenditure (OpEx) is based on Article 8 of the EU Taxonomy and the disclosure requirements contained in Annex I of Delegated Regulation (EU) 2021/2178. The basis for this are the aforementioned individual items that were allocated to the taxonomy-eligible and taxonomy-aligned business activities, either directly or using allocation criteria, in the reporting period. Individual items that cannot be allocated to a taxonomy-eligible business activity are considered to be taxonomy-non-eligible and are included in the taxonomy-non-eligible portions of the parameters. The composition of the numerators and denominators for the key performance indicators of the EU Taxonomy is also based on the requirements in accordance with Annex I of the aforementioned Delegated Regulation and is shown in the following table.
In order to avoid double counting across several economic activities in accordance with Annex I, point 1.2.2.1 of Delegated Regulation (EU) 2021/2178, turnover, capital expenditure and operating expenditure are allocated directly to these economic activities. If direct allocation is not possible, allocation is performed using appropriate allocation criteria. These may be based on customer groups, on market-oriented representative samples for turnover and on units of capital expenditure and operating expenditure. Double counting across several environmental objectives in accordance with Annex I, point 1.2.2.2 of the aforementioned regulation is avoided by allocating all amounts to just one of the EU Taxonomy environmental objectives.