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European Taxonomy

With the European Climate Law, approved in 2021 as part of the European Green Deal, the EU transformed the political commitment to achieving climate neutrality (net-zero emissions) by 2050 into a legal obligation. Additionally, it set a target to reduce emissions by at least 55% by 2030 and provide predictability for investors and other economic actors.

The Taxonomy Law, specifically Regulation (EU) 2020/852 of the European Parliament and the Council, aims to establish a framework to facilitate sustainable investments. It also creates a classification system that defines which economic activities can be considered environmentally sustainable. Therefore, it helps the company in sustainable investment and the achievement of its transition plan through decarbonization,

promoting activities that contribute to environmental objectives and ensuring transparency with stakeholders.

Within the Taxonomy framework, eligible economic activities are those listed in the Delegated Regulation, regardless of whether they meet the technical screening criteria, while aligned activities are those that, in addition to being included in the taxonomy, comply with the technical requirements.

This model is aligned with the European Union’s environmental objectives and Taxonomy requirements. The group offers a wide range of solutions aligned with sustainable development in four key areas: energy, water, transmission and infrastructure, and services.

  • Cox drives decarbonization and sustainable solutions with 80% of its business volume eligible under the European Green Taxonomy regulation.
  • The company boasts an excellent sustainable investment indicator, with 96.6% of eligible CapEx and 85% aligned, demonstrating its commitment to sustainable development.

Energy

Water

About Us

Líder en el sector de agua

  • Cox es un referente mundial en el desarrollo, gestión y mantenimiento de infraestructuras de agua y plantas de tratamiento de agua con más de 253 certificaciones
  • Un operador de agua con más de 55 años de experiencia y posición de liderazgo
  • Top 3 a nivel global en desalación según la Global Water Intelligence (GWI)
  • Más de 20 galardones de distintas organizaciones de la industria
  • Tres concesiones en operación