We use cookies, similar technologies and tracking services

This website uses cookies, similar technologies and tracking services (hereinafter referred to as “Cookies”). We need your consent for Cookies, which not only serve to technically display our website, but also to enable the best possible use of our website and to improve it based on your user behavior, or to present content and marketing aligned with your interests. For these purposes, we cooperate with third-party providers (e.g. Salesforce, LinkedIn, Google, Microsoft, Piwik PRO). Through these partners you can also receive advertisements on other websites.
If you consent, you also accept certain subsequent processing of your personal data (e.g. storage of your IP address in profiles) and that our partners may transfer your data to the United States and, if applicable, to further countries. Such transfer involves the risk that authorities may access the data and that your rights may not be enforceable. Please select which Cookies we may use under ”Settings”. More information, particularly about your rights, e.g. to withdraw consent, is available in our Privacy Policy .

Settings

Only technically necessary Cookies

Accept everything

Below, you can activate/deactivate the individual technologies that are used on this website.

Accept All

Essential

These Cookies make a website usable by providing basic functions such as page navigation, language settings, Cookie preferences and access to protected areas of the website. Cookies in this category additionally ensure that the website complies with the applicable legal requirements and security standards. Owing to the essential nature of these Cookies, you cannot prevent their use on our website. Details about these Cookies are available under 'More information'.

Functionality and personalization

These Cookies collect information about your habits when using our web pages and help us to enhance your user experience by tailoring the functions and attractiveness of our web pages based on your previous visits, location and browser settings. They also enable access to integrated third-party tools on our website (e.g., Microsoft Azure for single sign-on authentication). This can involve transferring your data to the United States (for information on the risks involved read Clause 1.5 of our Privacy Policy). If you refuse these Cookies, you might not be able to access the full functionality of the website. Details about the tools we use are available under 'More information'.

Analysis

These Cookies are used to compile basic usage and user statistics based on how our web pages are used (e.g. via Google Tag Manager, Piwik PRO). If you accept these Cookies, you simultaneously consent to your data being processed and transmitted to the United States by services such as Salesforce Pardot (for information on the risks involved read Clause 1.5 of our Privacy Policy). Details about the tools we use are available under 'More information'.

Marketing and social media

These Cookies help third-party sources collect information about how you share content from our website on social media or provide analytical data about your user behavior when you move between social media platforms or between our social media campaigns and our web pages (e.g., LinkedIn Insights). Marketing Cookies from third-party sources also help us measure the effectiveness of our advertising on other websites (e.g. Google Ads, Microsoft Advertising). We use these Cookies to optimize how we deliver our content to you. The third-party sources and social media platforms we use can transfer your data to the United States (for information on the risks involved read Clause 1.5 of our Privacy Policy). If you accept these Cookies, you simultaneously consent to your data being transferred and processed as described above. Details about the tools we use and our social media presence are available under 'More information'.

More information

Save Settings

  • Glass with coins and a plant and the stars of the EU

Pioneer in EU Taxonomy

The Dürr Group sees the shift toward greater sustainability as an opportunity. With the Taxonomy Regulation, the European Union (EU) has developed a classification system for environmentally sustainable economic activities, thus creating uniform criteria for companies.

  • Taxonomy-aligned sales revenues 2024
    12.9%
  • Taxonomy-aligned CapEx 2024
    33.8%
  • Taxonomy-aligned OpEx 2024
    15.7%

Climate neutral European Union by 2050

With the European Green Deal, the European Union (EU) has set itself the goal of becoming climate neutral by 2050. In order to finance this goal and to make the economic and financial system in the EU more sustainable, capital flows are to be directed toward sustainable investments. To this end, the European Commission has developed the Action Plan on Financing Sustainable Growth. The core element of this action plan is the EU Taxonomy Regulation.

For more information on the EU Taxonomy in the Dürr Group, please refer to our

→ Sustainability Statement 2024

Background and Goals

The core element of the action plan is the EU Taxonomy Regulation. It represents a uniform classification system – a “green list” – for sustainable economic activities. According to the EU Taxonomy Regulation, economic activities are “taxonomy-eligible” if they potentially contribute to the achievement of one of the following six environmental objectives:

1. Climate change mitigation
2. Climate change adaption 
3. Sustainable use and protection of water and marine resources
4. Transition to a circular economy
5. Pollution prevention and control
6. Protection and restoration of biodiversity and ecosystems

In addition, economic activities are “environmentally sustainable” or “taxonomy-aligned” according to the taxonomy specifications, if the taxonomy-eligible economic activities

  • substantially contribute to the achievement of one or more of the six environmental objectives listed (Substantial Contribution)
  • do not significantly harm the achievement of the five other environmental objectives (Do No Significant Harm, DNSH), and
  • ensure compliance with minimum safeguards (Minimum Safeguards).

Implementation of the Taxonomy requirements

Assignment of economic activities to relevant taxonomy criteria

The following economic activities defined by the EU Taxonomy have been identified for the recognition and assignment of the Dürr Group’s sales revenues, CapEx, and OpEx to the first environmental objective “climate change mitigation”:

  • 3.1 Manufacture of renewable energy technologies
  • 3.6 Manufacture of other low carbon technologies
  • 4.11 Storage of thermal energy

For the 2024 fiscal year, further economic activities have been identified for the recognition and assignment of taxonomy-eligible CapEx and OpEx of the Dürr Group for the first environmental objective “climate change mitigation”: 

  • 6.5 Transport by motorbikes, passenger cars, and light commercial vehicles
  • 7.3 Installation, maintenance and repair of energy efficiency equipment
  • 7.6 Installation, maintenance and repair of renewable energy technologies
  • 7.7 Acquisition and ownership of buildings

Three prerequisites for environmentally sustainable economic activities

1. Substantial Contribution

Compliance with the criteria for a substantial contribution to the first environmental objective, “climate change mitigation,” which is relevant to the Dürr Group, was assessed individually for each taxonomy-eligible business activity of the Dürr Group. In the analyses conducted, no economic activity was identified that makes a substantial contribution to the remaining five environmental objectives.

For the 2023 fiscal year, the following business activities of the Dürr Group have been identified for the recognition and assignment of taxonomy-eligible sales revenues, CapEx, and OpEx.

Dürr's spray booth EcoProBooth

Painting technology

Despite significant technological leaps in recent years, modern paint shops continue to be among the biggest energy consumers in automotive production. In particular, paint application and car body drying are responsible for the majority of energy and resource consumption in paint shops. In addition to technologies that meet current market standards, we also sell solutions with above-average energy efficiency and resource savings that we classify as taxonomy-eligible due to the significant emission savings. In the following, only those technologies are identified as taxonomy-eligible that contribute to a significant reduction in greenhouse gas emissions. Examples include selected solutions for dry separation of paint overspray, such as EcoDryScrubber or EcoDryX, and our latest EcoProBooth paint booth concept.

The Dürr Group’s business activities considered in painting technology are assigned to economic activity 3.6.

Electrode coating

Battery manufacturing technology

The Dürr Group offers specific technologies for producing rechargeable battery packs and accumulators for the transportation sector as well as stationary or decentralized energy storage systems. The Dürr Group offers technical solutions for various process steps in the battery production value chain. These primarily include our coating technology, dryers, and solvent recovery systems for the production of battery electrodes, as well as assembly and testing technology for lithium-ion cells and for battery modules and packs. Furthermore, we provide gluing application technologies for battery systems. Our corresponding business activities aim to significantly reduce life-cycle emissions in the transportation and energy sectors, so that our technologies support the EU’s key objectives with regard to accelerated introduction of low-emission modes of transport and decarbonizing the energy sector.

The Dürr Group’s business activities considered in battery manufacturing technology are assigned to economic activity 3.6.

Testing system for electrical drives

Technology for electromobility

The Dürr Group manufactures technologies specifically used in the production of electric drives and components for emission-free mobility in the automotive sector. Specifically, we develop and supply equipment for filling electric vehicles with highly specific refrigerants, balancing and spin-test systems for rotors in electric drives, and modular end-of-line test stands for electric drives. We also offer our customers automation solutions for the production of electric axle drives, inverters, and DC/DC converters for fully electric vehicles.

Our business activities aim to considerably reduce life-cycle emissions in the mobility sector and are predominantly assigned to economic activity 3.6.

Renewable energy technology

Renewable energy technology

The Dürr Group manufactures technologies for renewable energies. These include, in particular, machines and systems for the production of solar cell strings.

The Dürr Group’s technologies considered are assigned to economic activity 3.1.

balancing machine

Technology for fuel cells

The Dürr Group manufactures technologies that are used in the production of fuel cells. These include machines for balancing compressors and anode feedback blowers in fuel cells.

The Dürr Group’s technologies considered are assigned to economic activity 3.6.

Wood construction at HOMAG

Woodworking technology

The Dürr Group produces technologies for the solid-wood manufacturing sector that are specifically used for the industrial production of timber construction elements as well as timber windows and doors. These technologies include machines and systems for manufacturing cross laminated timber, for the fully automated production and insulation of wall and ceiling elements of timber houses, and for the production of timber windows and doors.

Our technologies are aimed at significantly reducing life-cycle emissions in the building sector; they are assigned to economic activity 3.6.

2. Avoidance of significant harm

Furthermore, we analyzed whether the achievement of the five remaining EU environmental objectives is significantly harmed by the business activities listed above. For this purpose, it was appropriate to regularly assess DNSH compliance at the level of the business activities and at the level of the Dürr Group’s locations. The locations assessed as relevant were those which accounted for significant value-adding processes for taxonomy-eligible business activities or environmentally sustainable CapEx and OpEx in the 2024 fiscal year. Subsequently, a comparison was made with the DNSH criteria for the selected locations.

As a result, we have not identified any significant harm to the achievement of the five other environmental objectives at any relevant location. For further information, please refer to our → Sustainability Statement 2024.

3. Compliance with Minimum Safeguards

The Dürr Group is committed to respecting human rights and promoting fair working conditions. This applies in particular to dealings with its own employees and direct suppliers. Our actions are guided by the OECD Guidelines for Multinational Enterprises, the United Nations Guiding Principles on Business and Human Rights (UNGP), and the Core Labor Standards of the International Labour Organization (ILO), among others. In the 2024 fiscal year, we again reviewed compliance with these guiding principles and standards in our business activities across the Group, focusing on the following areas: respect for human and employee rights, combating bribery and corruption, taxation, and (fair) competition.

The result showed that our Group-wide processes and systems are suited to reliably identify potential risks or violations at our locations worldwide.

Performance indicators according to the EU Taxonomy Regulation

In the following, we provide information on our Group-wide taxonomy-eligible and taxonomy-aligned sales revenues, CapEx, and OpEx in accordance with the EU Taxonomy for the 2023 and 2024 fiscal years. Taking into account the technical screening criteria, it is possible that taxonomy-eligible and taxonomy-aligned sales revenues and CapEx differ in their results. Taxonomy-eligible and taxonomy-aligned OpEx of the Dürr Group, on the other hand, regularly correspond to each other.

 Taxonomy-eligible share 2024 (%)Taxonomy-aligned share 2024 (%)Taxonomy-eligible share 2023 (%)Taxonomy-aligned share 2023 (%)
Sales revenues15.812.918.4116.11
CapEx52.033.835.013.4
OpEx15.715.711.5111.51

1 As reported in 2023, including the discontinued operation (environmental technology business). 

Sales revenues

In the 2024 fiscal year, the Dürr Group’s taxonomy-aligned sales revenues amounted to €552.1 million. This represents a year-on-year decrease of 25.9% (previous year: €744.8 million). The background to this is that the environmental technology business will be classified as a discontinued operation in the 2024 consolidated financial statements. For this reason, the sales revenues allocated to the environmental technology business under business activity “4.11 Storage of thermal energy” and business activity “3.1 Manufacture of renewable energy technologies” will not be reported in the 2024 fiscal year.

On a comparable basis, i.e. adjusted for the sales generated by the discontinued operation in the 2023 fiscal year, this results in an increase in taxonomy-eligible sales revenues of 8.9% to €679.7 million for 2024 (previous year €624.2 million). On this basis, taxonomy-aligned sales revenues increased by 6.4% year-on-year to €552.1 million (previous year: €518.8 million). This resulted from an increase in activities in the context of economic activity “3.6 Manufacture of other low carbon technologies,” where the Dürr Group recorded a significant increase in demand in the areas of electromobility and battery manufacturing technology. The share of taxonomy-eligible sales revenues increased to 15.8% in the 2024 fiscal year (previous year: 14.9%). The share of taxonomy-aligned sales revenues rose to 12.9% (previous year: 12.4%).

CapEx

Taxonomy-eligible CapEx including the CapEx of the discontinued operation amounted to €98.2 million in the 2024 fiscal year (previous year: €123.4 million). Of this, €63.8 million (previous year: €47.2 million) met the criteria of the EU Taxonomy Regulation for taxonomy-aligned CapEx. The increase is primarily due to investments in new buildings at BENZ in Gengenbach and at HOMAG in Środa Wielkopolska (Poland), which are assigned to economic activity “7.7 Acquisition and ownership of buildings.” In addition, capitalized development costs in the areas of battery production technology and painting technology as well as investments in the solid-wood manufacturing sector caused an increase in environmentally sustainable CapEx in the context of economic activity “3.6 Manufacture of other low carbon technologies.”  

The difference between taxonomy-eligible and taxonomy-aligned capital expenditures in the amount of €34.4 million resulted from investments assigned to economic activities “6.5 Transport by motorbikes, passenger cars, and light commercial vehicles” and “7.7 Acquisition and ownership of buildings,” though it was not possible to demonstrate a substantial contribution to the first environmental objective “climate change mitigation” in all cases. In the 2024 fiscal year, 33.8% of our investments complied with the requirements of the EU Taxonomy Regulation for taxonomy-aligned CapEx (previous year: 13.4%). The increase in percentage terms compared to the previous year is due to the one-off effect from acquisitions in 2023. The taxonomy-aligned share of investments in non-current intangible assets amounted to 10%, while tangible assets accounted for 90%.

OpEx

As in the previous year, the Dürr Group’s taxonomy-eligible OpEx corresponded to taxonomy-aligned OpEx, amounting to €22.0 million (previous year: €16.5 million including OpEx from the discontinued operation).

On a comparable basis, i.e. adjusted for the OpEx from the discontinued operation for the 2023 fiscal year, this results in an increase of €6.5 million compared to the previous year (previous year: €15.5 million). The taxonomy-eligible or taxonomy-aligned share of the Dürr Group’s relevant OpEx in accordance with the Taxonomy Regulation amounted to 15.7% in the year under review (previous year: 11.0%) according to this consideration. One important component was non-capitalizable expenses for research and development, particularly in the areas of battery production technology, the filling of battery cells, and solid-wood manufacturing. These expenses contributed 94% to the taxonomy-eligible or taxonomy-aligned OpEx (previous year: 87%).

Economic activity 3.6 „Manufacture of other low carbon technologies“

The activity description “3.6 Manufacture of other low carbon technologies” is of particular relevance to the Dürr Group. Due to the generic description of this economic activity, it is necessary to describe our interpretation in greater detail. The economic activity includes activities for the production of technologies that aim at substantial reductions in greenhouse gas emissions in other sectors of the economy. From the Dürr Group’s perspective, a substantial reduction means a decrease in greenhouse gas emissions in the use phase by at least 20%. Such a substantial reduction can usually only be achieved by a technological leap and not by continuous improvements. We have therefore set the value of 20% as the minimum level for a substantial reduction in greenhouse gas emissions.

Furthermore, the technical screening criteria for economic activity 3.6 describe requirements for the quantification of life-cycle greenhouse gas emissions. We commissioned the Fraunhofer Institute for Building Physics (IBP) to prepare science-based lifecycle greenhouse gas balances for representative machines and systems. In assessing the lifecycle emissions of goods manufactured with our machines and systems, we relied on published data and analyses from recognized scientific organizations.

You might also be interested in