The “turnoverT” ratio referred to in Article 8(2)(a) of regulation (EU) 2020/852 is calculated as the share of net turnover derived from products or services associated with Taxonomy-eligible or Taxonomy-aligned economic activities (numerator)divided by consolidated turnover excluding trading activities (denominator) (see section 6.1, note 5.1.2 of the consolidated financial statements for the year ending31 December 2022). It therefore does not include turnover generated by companies accounted for using the equity method.
In France, the EDF group manages its generation in an integrated manner and optimise its generating facilities based on the upstream-downstream balance. Consequently, turnover accounted for is allocated based on volumes produced by different production channels, and taking account of market purchases/sales, based on the published electricity report (see section 5.1.3.1.1.1).
| Proportion of turnover from products or services associated with Taxonomy-aligned economic activities – 2022 (in millions of euros) | Substantial contribution criteria | DNSH criteria (“Does Not Significantly Harm”) | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Economic activities | Code(s) (2) | absolute turnover (3) | Proportion of turnover (4) | Climate change mitigation (5) | Climate change adaptation (6) | Climate change mitigation (11) | Climate change adaptation (12) | Water and marine resources (13) | Circular economy (14) | Pollution (15) | Biodiversity and ecosystems (16) | Minimum safeguards (17) | Taxonomy-aligned proportion of turnover -2022 (18) | Taxonomy-aligned proportion of turnover -2021 (19) | Category (enabling activity) (20) | Category “(transitional activity)”(21) | ||
| A. TAXONOMY-ELIGIBLE ACTIVITIES | ||||||||||||||||||
| A.1 Environmentally sustainable activities (Taxonomy-aligned) | ||||||||||||||||||
| Electricity generation from nuclear energy in existing installations | 4.28 | 18,714 | 14% | 100% | - | - | yes | yes | yes | yes | yes | yes | 14% | 24% | no | yes | ||
| Transmission and distribution of electricity | 4.9 | 16,052 | 12% | 100% | - | - | yes | yes | yes | yes | yes | yes | 12% | 20% | yes | no | ||
| Electricity generation from hydropower | 4.5 | 2,563 | 2% | 100% | - | - | yes | yes | yes | yes | yes | yes | 2% | 3% | no | no | ||
| Electricity generation from wind power | 4.3 | 5,364 | 4% | 100% | - | - | yes | yes | yes | yes | yes | yes | 4% | 4% | no | no | ||
| Electricity generation using solar photovoltaic technology | 4.1 | 2,668 | 2% | 100% | - | - | yes | yes | yes | yes | yes | yes | 2% | 1% | no | no | ||
| Other enewable energies (2) | 7.6, 4.10 | 1,166 | 1% | 100% | - | - | yes | yes | yes | yes | yes | yes | 1% | 1% | (1) | (1) | ||
| Heating/cooling networks, Cogeneration of heat/cold and power from bioenergy (2) | 4.15, 4.20 | 2,773 | 2% | 100% | - | - | yes | yes | yes | yes | yes | yes | 2% | 2% | (1) | (1) | ||
| Energy efficiency and performance services (2) | 9.3, 7.3 | 2,284 | 1% | 100% | - | - | yes | yes | yes | yes | yes | yes | 1% | 1% | (1) | (1) | ||
| Other activities (2) | 611 | 0% | 100% | - | - | yes | yes | yes | yes | yes | yes | 0% | 1% | (1) | (1) | |||
| Turnover of environmentally sustainable activities (Taxonomy-aligned) (A.1) | 52,195 | 38% | 100% | 38% | 57% | |||||||||||||
| A.2 Taxonomy-Eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) | ||||||||||||||||||
| Electricity generation from fossil gaseous fuels | 4.29 | 6,780 | 5% | no | yes | |||||||||||||
| Installation, maintenance and repair of energy efficiency equipment | 7.3 | 955 | 1% | yes | no | |||||||||||||
| Other activities (2) | 4.15, 4.30 | 427 | 0% | (1) | (1) | |||||||||||||
| Turnover of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2) | 8,162 | 6% | ||||||||||||||||
| Total (A.1 + A.2) | 60,357 | 44% | ||||||||||||||||
| B. TAXONOMY-NON-ELIGIBLE ACTIVITIES | ||||||||||||||||||
| Nuclear power generation activity | 4,423 | 3% | ||||||||||||||||
| Other non-eligible activities | 71,658 | 53% | ||||||||||||||||
| Turnover of Taxonomy-non-eligible activities (B) | 76,081 | 56% | ||||||||||||||||
| TOTAL (A + B) | 136,438 | 100% | ||||||||||||||||
(1) These activities may be enabling or transitional, or neither.
(2) The amounts of the activities presented are individually immaterial.
