Revenue taxonomy disclosure
Sustantial contribution criteria | DNSH criteria | |||||||||||||||||||
(Does Not Significantly Harm) | ||||||||||||||||||||
Economic activities | code | absolute turnover (Meuro)1 | Proportion of turnover (%) | climate change mitigation (%) | climate change adaptation (%) | water and marine resources (%) | circular economy (%) | pollution (%) | biodiversity and ecosystems (%) | climate change mitigation | climate change adaptation | water and marine resources | circular economy | pollution | biodiversity and ecosystems | minimum safeguards | taxonomy aligned proportion of turnover, 2022 (%) | taxonomy aligned proportion of turnover, 2021 (%) | Category (enabling activity) | Category (transitional activity) |
A. Taxonomy eligible activities | ||||||||||||||||||||
A1 Taxonomy aligned | ||||||||||||||||||||
Manufacture of other low carbon technologies2 | 3.6 | 63.7 | 4.4% | 4.4% | 0% | n/a | n/a | n/a | n/a | n/a | Y | Y | Y | Y | Y | Y | 4.4% | - | E | - |
Turnover of taxonomy aligned | 63.7 | 4.4% | 4.4% | 0% | n/a | n/a | n/a | n/a | n/a | Y | Y | Y | Y | Y | Y | 4.4% | - | E | - | |
A2 taxonomy-eligible but not taxonomy-aligned activities | ||||||||||||||||||||
Manufacture of other low carbon technologies3 | 3.6 | 70.8 | 4.9% | |||||||||||||||||
Turnover of taxonomy-eligible but not taxonomy-aligned activities | 70.8 | 4.9% | ||||||||||||||||||
Total (A1+A2)4 | 134.5 | 9.2% | ||||||||||||||||||
B. Taxonomy-non-eligible activities | ||||||||||||||||||||
Turnover of Taxonomy-non-eligible activities (B) | 1,323.4 | 90.8% | ||||||||||||||||||
Total (A+B) | 1,457.9 | 100.0% | ||||||||||||||||||
- 1 Reported as 'Net sales' in the consolidated income statement
- 2 Net sales of lactic acid produced at Corbion Rayong to TotalEnergies Corbion
- 3 Net sales of AlgaPrime DHA
- 4 Net sales of AlgaPrime DHA and net sales of lactic acid produced at Corbion Rayong to TotalEnergies Corbion. No double counting because only climate mitigation is considered and the activities are geographically separated.
CapEx taxonomy disclosure
Sustantial contribution criteria | DNSH criteria | |||||||||||||||||||
(Does Not Significantly Harm) | ||||||||||||||||||||
Economic activities | code | absolute CapEx (Meuro)1 | Proportion of CapEx (%) | climate change mitigation (%) | climate change adaptation (%) | water and marine resources (%) | circular economy (%) | pollution (%) | biodiversity and ecosystems (%) | climate change mitigation | climate change adaptation | water and marine resources | circular economy | pollution | biodiversity and ecosystems | minimum safeguards | taxonomy aligned proportion of CapEx, 2022 (%) | taxonomy aligned proportion of CapEx, 2021 (%) | Category (enabling activity) | Category (transitional activity) |
A. Taxonomy eligible activities | ||||||||||||||||||||
A1 Taxonomy aligned | ||||||||||||||||||||
Manufacture of other low carbon technologies2 | 3.6 | 106.4 | 43.9% | 43.9% | 0% | n/a | n/a | n/a | n/a | n/a | Y | Y | Y | Y | Y | Y | 43.9% | - | E | - |
CapEx of taxonomy aligned | 106.4 | 43.9% | 43.9% | 0% | n/a | n/a | n/a | n/a | n/a | Y | Y | Y | Y | Y | Y | 43.9% | - | E | - | |
A2 taxonomy-eligible but not taxonomy-aligned activities | ||||||||||||||||||||
Manufacture of other low carbon technologies3 | 3.6 | 19.7 | 8.1% | |||||||||||||||||
CapEx of taxonomy-eligible but not taxonomy-aligned activities | 19.7 | 8.1% | ||||||||||||||||||
Total (A1+A2)4 | 126.1 | 52.0% | ||||||||||||||||||
B. Taxonomy-non-eligible activities | ||||||||||||||||||||
CapEx of Taxonomy-non-eligible activities (B) | 116.2 | 48.0% | ||||||||||||||||||
Total (A+B) | 242.3 | 100.0% | ||||||||||||||||||
- 1 Reported under the capital expenditure and acquisition of group companies sections of Property, plant, and equipment, Leases, and Intangible fixed assets in the year.
- 2 CapEx supporting lactic acid sales to TotalEnergies Corbion, consisting of: a) CapEx related to the existing site (Rayong) based on the share of net sales of lactic acid produced at Corbion Rayong to TotalEnergies Corbion and b) CapEx related to the construction of a new site for the expansion of manufacturing capacity of lactic acid for PLA (CapEx plan). The aligned CapEx (€ 106.4 million) is split in the following categories: property, plant and equipment (€ 105.8 million) and capitalized right-of-use assets (€ 0.6 million). Of the aligned property, plant and equipment, € 103.7 million is related to the CapEx Plan. The expected capital expense during the period of the CapEx plan is € 59.6 million and the expected completion is the first quarter of 2024.
- 3 CapEx supporting sales of AlgaPrime DHA. This includes all CapEx at our Orindiúva manufacturing facility.
- 4 CapEx supporting sales of AlgaPrime DHA and sales of lactic acid to TotalEnergies Corbion. No double counting because only climate mitigation is considered, and the activities are geographically separated.
OpEx taxonomy disclosure
Sustantial contribution criteria | DNSH criteria | |||||||||||||||||||
(Does Not Significantly Harm) | ||||||||||||||||||||
Economic activities | code | absolute OpEx (Meuro)1 | Proportion of OpEx (%) | climate change mitigation (%) | climate change adaptation (%) | water and marine resources (%) | circular economy (%) | pollution (%) | biodiversity and ecosystems (%) | climate change mitigation | climate change adaptation | water and marine resources | circular economy | pollution | biodiversity and ecosystems | minimum safeguards | taxonomy aligned proportion of OpEx, 2022 (%) | taxonomy aligned proportion of OpEx, 2021 (%) | Category (enabling activity) | Category (transitional activity) |
A. Taxonomy eligible activities | ||||||||||||||||||||
A1 Taxonomy aligned | ||||||||||||||||||||
Manufacture of other low carbon technologies2 | 3.6 | 1.72 | 1.8% | 1.8% | 0% | n/a | n/a | n/a | n/a | n/a | Y | Y | Y | Y | Y | Y | 1.8% | - | E | - |
OpEx of taxonomy aligned | 1.72 | 1.8% | 1.8% | 0% | n/a | n/a | n/a | n/a | n/a | Y | Y | Y | Y | Y | Y | 1.8% | - | E | - | |
A2 taxonomy-eligible but not taxonomy-aligned activities | ||||||||||||||||||||
Manufacture of other low carbon technologies3 | 3.6 | 11.2 | 11.6% | |||||||||||||||||
OpEx of taxonomy-eligible but not taxonomy-aligned activities | 11.2 | 11.6% | ||||||||||||||||||
Total (A1+A2)4 | 12.84 | 13.4% | ||||||||||||||||||
B. Taxonomy-non-eligible activities | ||||||||||||||||||||
OpEx of Taxonomy-non-eligible activities (B) | 82.7 | 86.6% | ||||||||||||||||||
Total (A+B) | 95.6 | 100% | ||||||||||||||||||
- 1 All maintenance costs, non-capitalized leases (excluding depreciation and impairment, including short-term leases), and R&D expenses (excluding amortization and impairment). These costs are part of the costs reported in the consolidated income statement lines Cost of sales, Research and development costs, and General and administrative expenses. Note that the definition given in Annex 1 of the Climate Delegated Act, article 1.1.3 of the regulation is not defined in the international financial reporting standards resulting in potential difficulties in the measurement of the denominator. Further, no reconciliation to the financial statements can be made. Therefore, OpEx related to building renovation measures are not included. Corbion seeks to align the definition to internal reporting to be able to provide transparent and consistent reporting.
- 2 OpEx supporting lactic acid sales to TotalEnergies Corbion based on the percentage of net sales of lactic acid produced at Corbion Rayong to TotalEnergies Corbion. The aligned OpEx (€ 1.7 million) is split in the following categories: Maintenance (€ 1.2 million), lease (€ 0.5 million), there is no OpEx related to the CapEx plan.
- 3 OpEx supporting sales of AlgaPrime DHA based on the percentage of revenues relating to DHA compared to total revenues produced at the Orindiúva site.
- 4 OpEx supporting sales of AlgaPrime DHA and sales of lactic acid to TotalEnergies Corbion. No double counting because only climate mitigation is considered and the activities are geographically separated.