Universal Registration Document 2022

Introduction

Breakdown of OPEXT by activity according to the Taxonomy regulation
Proportion of OPEX 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 OPEX(3) Proportion of OPEX(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 safe guards (17) Taxonomy-aligned proportion of OPEX -2022(18) Taxonomy-aligned proportion of OPEX -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 2,902 32% 100% -     - yes yes yes yes yes yes 32% 31% no yes
Construction and safe operation of new nuclear power plants 4.27 798 9% 100% -     - yes yes yes yes yes yes 9% 8% no yes
Transmission and distribution of electricity 4.9 993 11% 100% -     - yes yes yes yes yes yes 11% 11% yes no
Electricity generation from hydropower 4.5 467 5% 100% -     - yes yes yes yes yes yes 5% 4% no no
Installation, maintenance and repair of renewable energy technologies 7.6 250 3% 100% -     - yes yes yes yes yes yes 3% 2% yes no
Electricity generation from wind power 4.3 215 2% 100% -     - yes yes yes yes yes yes 2% 2% (1) (1)
Professional services related to the energy performance of buildings 9.3 436 5% 100% -     - yes yes yes yes yes yes 5% 3% yes no
District heating/cooling distribution 4.15 226 2% 100% -     - yes yes yes yes yes yes 2% 2% (1) (1)
Research, development and innovation 9.1 143 2% 100% -     - yes yes yes yes yes yes 2% 2% yes no
other activities (2)   116 1% 100% -     - yes yes yes yes yes yes 1% 1% (1) (1)
OPEX of environmentally sustainable activities (Taxonomy-aligned) (A.1)   6,546 72% 100%                     72% 66%    
A.2 Taxonomy-Eligible but not environmentally sustainable activities (not Taxonomy-aligned activities)
Electricity generation from fossil gaseous fuels 4.29 166 2%                           no yes
Other activities (2)   64 0%                           (1) (1)
OPEX of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)   230 2%                              
Total (A.1 + A.2)   6,776 74%                              
B. TAXONOMY-NON-ELIGIBLE ACTIVITIES
Nuclear power generation activity   295 3%                          
Other non-eligible activities   2,049 23%                          
OPEX of Taxonomy-non-eligible activities (B)   2,344 26%                          
TOTAL (A + B)   9,120 100%                          

(1) These activities may be enabling or transitional, or neither.

(2) The amounts of the activities presented are individually immaterial.

OPEXT remained stable between 2022 and 2021 at €9.1 billion. The proportion of aligned OPEXT increased from 66% in 2021 to 72% in 2022 across all activities.