64% of Spanish companies carry out activities included in the European Green Taxonomy

A report by Informa D&B reveals that 64% of Spanish companies carry out activities aligned with the European Union Green Taxonomy.

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Of the 64% of active companies in Spain, at this time they carry out some economic activity included in the Green Taxonomy of the European Union, according to the study "El tejido empresarial español según la tipología de actividades en la Taxonomía Verde Europea," prepared by Informa D&B.

The report analyzes a total of 1.3 million companies operating in the country. Of these, 882,976 companies are identified whose activity appears in the European classification of activities that can favor the transition toward a more sustainable economy.

By type of activity, the so-called enabling activities — those that allow other companies to make a substantial contribution to environmental objectives, such as the manufacture of certain equipment, components or infrastructures necessary for the ecological transition — are the most numerous, at 43% of the total, which is equivalent to 381,439 companies.

Likewise, 23% of the whole (about 205,143 companies) develops own-performance activities, while transition activities account for close to 5% (42,426 companies). The remaining 15.5% (136,491 companies) combines in its business the three categories defined by the taxonomy.

Microenterprises and Madrid lead exposure to the Green Taxonomy

When segmenting the data by business size, all groups, from microenterprises to large corporations, show similar levels of exposure, ranging approximately between 60% and 67%.

Microenterprises concentrate most of the activities included in the taxonomy, with 86.5% of the total, which amounts to about 762,927 companies. Small businesses represent 7.5%, large ones 3.5%, and the remaining 2.5% are medium-sized.

In the territorial analysis, the Community of Madrid groups 19.5% of the total (172,289 companies), placing ahead of Catalonia (19%, with 171,333 companies) and Andalusia (15%, about 132,141 companies).

However, when comparing the weight of each autonomous community within the overall set of companies linked to the taxonomy with its weight in the total business fabric, significant differences are observed.

The study details that Catalonia records a presence 0.34 percentage points higher than what it has in the overall set of Spanish companies, followed by the Valencian Community (+0.21 percentage points), the Balearic Islands (+0.18 percentage points), the Basque Country (+0.11 percentage points) and Galicia (+0.08 percentage points).

On the opposite side, Madrid positions itself as the region with the largest negative difference, with a weight in companies related to taxonomy 0.73 percentage points below that which it holds in the total of active companies.