Cellnex
ESRS disclosure
Tags Tree
- Provide a detailed explanation of how your company's strategy and business model will be adjusted to enhance and ultimately achieve alignment with pertinent local, national, and global public policy goals and targets concerning biodiversity and ecosystems. This should include alignment with the Kunming-Montreal Global Biodiversity Framework, the EU Biodiversity Strategy for 2030, Directive 2009/147/EC, Council Directive 92/43/EEC (the EU Birds and Habitats Directives), and relevant planetary boundaries related to biosphere integrity and land-system change.
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Question Id: E4-1_08
The nature strategy shall include both the own operations and the value chain, to effectively collaborate with other stakeholder to improve the nature performance. The nature strategy will consist of a practical transition plan, with specified actions and targets per business unit and country. It is to be developed not only to determine new actions to be taken, but also to align already existing initiatives and policies across the organisation.
Report Date: 4Q2024Relevance: 65%
- Provide a detailed account of your company's operations and elucidate the measures being undertaken to address material impacts within your upstream and downstream value chain, as identified in your materiality assessment, in accordance with ESRS 2 IRO-1. This should be included as part of your disclosure on anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities, and should align with your transition plan and consideration of biodiversity and ecosystems in your strategy and business model.
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Question Id: E4-1_09
Over the past years, Cellnex has conducted a series of analyses to assess its interrelationships with nature and identify key impacts and dependencies. The objective has been to better manage nature-related risks and opportunities by minimizing its environmental impact and enhancing the organization's resilience. As a result, nature has been integrated into Cellnex's risk management framework and strategic planning. Additionally, Cellnex is developing a dedicated nature strategy to guide employees in incorporating the mitigation hierarchy into decision-making. This strategy will align with the company's broader sustainability framework, ensuring consistency. Furthermore, geographic analyses enable Cellnex to factor nature into the planning of new assets and to identify critical natural spaces for the stakeholders, as well as assets best suited for adaptations to mitigate nature-related impacts and dependencies.
Report Date: 4Q2024Relevance: 80%
- Provide an explanation of how your company's strategy interacts with its transition plan, specifically in the context of anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities, as outlined in Disclosure Requirement E4-6. Include considerations of biodiversity and ecosystems in your strategy and business model as per Disclosure Requirement E4-1.
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Question Id: E4-1_10
Over the past years, Cellnex has conducted a series of analyses to assess its interrelationships with nature and identify key impacts and dependencies. The objective has been to better manage nature-related risks and opportunities by minimizing its environmental impact and enhancing the organization's resilience. As a result, nature has been integrated into Cellnex's risk management framework and strategic planning. Additionally, Cellnex is developing a dedicated nature strategy to guide employees in incorporating the mitigation hierarchy into decision-making. This strategy will align with the company's broader sustainability framework, ensuring consistency. Furthermore, geographic analyses enable Cellnex to factor nature into the planning of new assets and to identify critical natural spaces for the stakeholders, as well as assets best suited for adaptations to mitigate nature-related impacts and dependencies.
Report Date: 4Q2024Relevance: 65%
- Provide a detailed account of how your organization contributes to addressing biodiversity and ecosystem impact drivers. Include potential mitigation actions aligned with the mitigation hierarchy, and specify any main path-dependencies and locked-in assets and resources, such as plants or raw materials, that are associated with changes in biodiversity and ecosystems. This information should be part of your transition plan and consideration of biodiversity and ecosystems within your strategy and business model, as required under Disclosure Requirement E4-6 regarding anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities.
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Question Id: E4-1_11
As a guiding framework for prioritizing actions, Cellnex will apply the mitigation hierarchy to ensure alignment with international best practices. This approach prioritizes avoiding harm to nature, minimizing unavoidable impacts, restoring affected ecosystems, and compensating for any residual effects. By adhering to this hierarchy, Cellnex seeks to effectively manage nature-related risks while also identifying opportunities to enhance biodiversity and ecosystem resilience within its operations and across its supply chain.
Report Date: 4Q2024Relevance: 65%
- Provide a detailed explanation and quantification of the investments and funding allocated to support the implementation of your transition plan. This should include references to key performance indicators of taxonomy-aligned capital expenditures (CapEx) and, where applicable, the CapEx plans disclosed in accordance with Commission Delegated Regulation (EU) 2021/2178. This information is required under Disclosure Requirement E4-6, which pertains to the anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities, and Disclosure Requirement E4-1, concerning the transition plan and the consideration of biodiversity and ecosystems in your strategy and business model.
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Question Id: E4-1_12
Over the past years, Cellnex has conducted a series of analyses to assess its interrelationships with nature and identify key impacts and dependencies. The objective has been to better manage nature-related risks and opportunities by minimizing its environmental impact and enhancing the organization's resilience. As a result, nature has been integrated into Cellnex's risk management framework and strategic planning. Additionally, Cellnex is developing a dedicated nature strategy to guide employees in incorporating the mitigation hierarchy into decision-making. This strategy will align with the company's broader sustainability framework, ensuring consistency. Furthermore, geographic analyses enable Cellnex to factor nature into the planning of new assets and to identify critical natural spaces for the stakeholders, as well as assets best suited for adaptations to mitigate nature-related impacts and dependencies.
Report Date: 4Q2024Relevance: 30%
- Provide a detailed account of any objectives or plans your company has for aligning its economic activities, specifically revenues and capital expenditures (CapEx), with the criteria set forth in the delegated regulations on biodiversity under the Taxonomy Regulation. This should include any transition plans and considerations of biodiversity and ecosystems within your strategy and business model, as required by Disclosure Requirement E4-6 regarding anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities.
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Question Id: E4-1_13
The nature strategy shall include both the own operations and the value chain, to effectively collaborate with other stakeholder to improve the nature performance. The nature strategy will consist of a practical transition plan, with specified actions and targets per business unit and country. It is to be developed not only to determine new actions to be taken, but also to align already existing initiatives and policies across the organisation.
Report Date: 4Q2024Relevance: 65%
- Does the company's transition plan incorporate biodiversity offsets, and if so, where are these offsets intended to be utilized, what is their extent in relation to the overall transition plan, and has the mitigation hierarchy been considered?
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Question Id: E4-1_14
As a guiding framework for prioritizing actions, Cellnex will apply the mitigation hierarchy to ensure alignment with international best practices. This approach prioritizes avoiding harm to nature, minimizing unavoidable impacts, restoring affected ecosystems, and compensating for any residual effects. By adhering to this hierarchy, Cellnex seeks to effectively manage nature-related risks while also identifying opportunities to enhance biodiversity and ecosystem resilience within its operations and across its supply chain.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed explanation of the management process for implementing and updating the transition plan, specifically in relation to anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities, as outlined in Disclosure Requirement E4-6 and E4-1.
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Question Id: E4-1_15
The nature strategy shall include both the own operations and the value chain, to effectively collaborate with other stakeholder to improve the nature performance. The nature strategy will consist of a practical transition plan, with specified actions and targets per business unit and country. It is to be developed not only to determine new actions to be taken, but also to align already existing initiatives and policies across the organisation.
Report Date: 4Q2024Relevance: 60%
- Indicate the metrics and methodologies utilized to measure progress within the transition plan concerning biodiversity and ecosystems, as required by Disclosure Requirement E4-6 regarding anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities, and Disclosure Requirement E4-1 concerning the integration of biodiversity and ecosystems in the strategy and business model.
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Question Id: E4-1_16
Over the past years, Cellnex has conducted a series of analyses to assess its interrelationships with nature and identify key impacts and dependencies. The objective has been to better manage nature-related risks and opportunities by minimizing its environmental impact and enhancing the organization's resilience. As a result, nature has been integrated into Cellnex's risk management framework and strategic planning. Additionally, Cellnex is developing a dedicated nature strategy to guide employees in incorporating the mitigation hierarchy into decision-making. This strategy will align with the company's broader sustainability framework, ensuring consistency. Furthermore, geographic analyses enable Cellnex to factor nature into the planning of new assets and to identify critical natural spaces for the stakeholders, as well as assets best suited for adaptations to mitigate nature-related impacts and dependencies.
Report Date: 4Q2024Relevance: 60%
- Has the transition plan been approved by the administrative, management, and supervisory bodies?
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Question Id: E4-1_17
Over the past years, Cellnex has conducted a series of analyses to assess its interrelationships with nature and identify key impacts and dependencies. The objective has been to better manage nature-related risks and opportunities by minimizing its environmental impact and enhancing the organization's resilience. As a result, nature has been integrated into Cellnex's risk management framework and strategic planning. Additionally, Cellnex is developing a dedicated nature strategy to guide employees in incorporating the mitigation hierarchy into decision-making. This strategy will align with the company's broader sustainability framework, ensuring consistency. Furthermore, geographic analyses enable Cellnex to factor nature into the planning of new assets and to identify critical natural spaces for the stakeholders, as well as assets best suited for adaptations to mitigate nature-related impacts and dependencies.
Report Date: 4Q2024Relevance: 20%