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.

One of the basic principles of Cellnex's Environment and Climate Change policy is to contribute to the protection, conservation and restoration of biodiversity, especially land use, birdlife and landscape. This policy is aligned with international standards and regulations specifically related to nature biodiversity such as the Taskforce on Nature-related Financial Disclosures (TNFD) and the Global Biodiversity Framework (GBF) and the Nature Positive Initiative.

Cellnex is committed to mapping, assessing and managing its impacts, dependencies, risks and opportunities related to nature and biodiversity. In this sense, the Company focuses its commitment on the following: The management deployment, operation and maintenance of infrastructures appropriately to minimise any environmental impact affecting biodiversity or the natural environment. The identification of nature-related risks and opportunities and assess dependencies and impacts on natural capital throughout the value chain.

Cellnex is committed to mapping, assessing and managing its impacts, dependencies, risks and opportunities related to nature and biodiversity. In this sense, the Company focuses its commitment on the following: The identification of nature-related risks and opportunities and assess dependencies and impacts on natural capital throughout the value chain.

The implementation of the TNFD framework to increase the organisation’s resilience to potential impacts related to natural capital both in the short, medium and long-term with the LEAP approach. This systematic process underlines the company’s holistic approach to identifying and managing its interaction with nature, aligning with international best practices for sustainability.

Reducing the impact on vegetation and ensuring that Cellnex activities do not involve deforestation nor net conversion, extending this commitment to the supply chain and the products and services purchased by Cellnex.

This policy is aligned with international standards and regulations specifically related to nature biodiversity such as the Taskforce on Nature-related Financial Disclosures (TNFD) and the Global Biodiversity Framework (GBF) and the Nature Positive Initiative.

Among the commitments and lines of action set out in the policy, this chapter addresses those related to the protection of biodiversity and natural capital.

Biodiversity loss and the transformation of ecosystems are undermining the well-being of current and future generations and worsen the impact of climate change. With the update of the Environment and Climate Change policy in 2024, Cellnex establishes commitments to natural capital and biodiversity protection aligned with the TNFD framework.

Reducing the impact on vegetation and ensuring that Cellnex activities do not involve deforestation nor net conversion, extending this commitment to the supply chain and the products and services purchased by Cellnex.