E
EU TAXONOMY REGULATION
Two delegated acts that set out the techni- cal screening criteria and the publication methodology have been adopted by the European Commission on the basis of the Taxonomy Regulation. In the reporting year, the Zumtobel Group applied Commission Delegated Regulation (EU) 2026/73, which simplifies EU Taxonomy disclosures. Repor- ting took place in accordance with the new guidelines, including the simplified temp- lates, materiality thresholds and revised DNSH criteria. Both the Taxonomy eligibility and the Taxonomy alignment of revenue and capital expenditure (CapEx) need to be ascertained for the six aforementioned en- vironmental objectives for the 2025/26 finan- cial year. The total amount of proportionate operating expenditure (OpEx) is disclosed; however, no assessment of Taxonomy eligi- bility and alignment is carried out because OpEx has been classified as immaterial to the Zumtobel Group’s business model, both quantitatively and qualitatively. As in previous years, a multidisciplinary steering committee is responsible for formulating, evaluating and documenting the requirements set forth in Taxonomy legislation. The team primarily comprises representatives from Corporate Accoun- ting & Tax, Group Sustainability and Global Quality. Further experts from departments such as Product Management or Research & Development were consulted on more in-depth topics.
Based on the information provided by the European Commission (EU Taxonomy Compass), the list of economic activities was reviewed as part of an impact analysis to determine whether it was relevant to the economic activities pursued by the Zum- tobel Group and the criteria for the indivi- dual economic activities were analysed. Taxonomy eligibility was evaluated at the Group level based on the findings from the analysis. Non-Taxonomy-eligible economic activities are economic activities undertaken by the entity but not described in the EU regulations. Economic activities associated with the Zumtobel Group’s value creation process are activities directly related to the Zumto- bel Group’s revenue or for which individual actions were taken in relation to CapEx.
Overview of identified Taxonomy-eligible economic activities
The following table lists the relevant econo- mic activities, their description according to the EU Regulation and their interpretation by the Zumtobel Group. The descriptions are interpreted on the basis of currently availa- ble information. The Zumtobel Group is not involved in any economic activities relating to nuclear ener- gy or fossil gas.
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