Cellnex
ESRS disclosure: ESRS ESRS 2 \ DR BP-2 \ Paragraph 10 d; ESRS ESRS 2
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- Provide information on whether the sustainability statement has been prepared on a consolidated or individual basis, as per Disclosure Requirement BP-1 – General basis for preparation of the sustainability statement.
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Question Id: BP-1_01
The scope of both the financial and sustainability information includes all of the subsidiary companies listed in Appendix I of the Consolidated Financial Statements.
Report Date: 4Q2024Relevance: 85%
- Confirm whether the scope of consolidation for the consolidated sustainability statement aligns with that of the financial statements. If not applicable, declare whether the reporting undertaking is exempt from preparing financial statements or is preparing consolidated sustainability reporting in accordance with Article 48i of Directive 2013/34/EU.
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Question Id: BP-1_02
The scope of both the financial and sustainability information includes all of the subsidiary companies listed in Appendix I of the Consolidated Financial Statements.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed account of the extent to which the sustainability statement encompasses the undertaking's upstream and downstream value chain, as stipulated in Disclosure Requirement BP-1 concerning the general basis for preparation of the sustainability statement.
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Question Id: BP-1_04
This report includes, apart from information on the company’s own operations, the material impacts, risks, and opportunities associated with its value chain. This encompasses both the upstream and downstream stages, covering the direct and indirect business relationships of the entity. Information on the value chain is included based on the results of the double materiality assessment, limited to those parts of the value chain where sustainability issues are relevant.
Report Date: 4Q2024Relevance: 85%
- Has your organization deviated from the medium- or long-term time horizons as defined by ESRS 1, section 6.4 for reporting purposes? If so, provide a detailed description of your definitions of medium- or long-term time horizons.
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Question Id: BP-2_01
Cellnex adheres to the time horizons mandated by the CSRD throughout its non-financial information and sustainability information statement, except for the sections addressing climate scenario analyses. For these sections, the following definitions are used: Short-term: 0–5 years. Medium-term: 5–10 years. Long-term: more than 10 years.
Report Date: 4Q2024Relevance: 90%
- Provide a detailed explanation for any deviations from the medium- or long-term time horizons as defined by ESRS 1, section 6.4, "Definition of short-, medium-, and long-term," in your reporting practices.
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Question Id: BP-2_02
Cellnex adheres to the time horizons mandated by the CSRD throughout its non-financial information and sustainability information statement, except for the sections addressing climate scenario analyses. For these sections, the following definitions are used: Short-term: 0–5 years. Medium-term: 5–10 years. Long-term: more than 10 years.
Report Date: 4Q2024Relevance: 85%
- Identify the metrics that incorporate upstream and/or downstream value chain data estimated using indirect sources, such as sector-average data or other proxies.
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Question Id: BP-2_03
Identified metrics: Scope 3 emissions from the supply chain.
Report Date: 4Q2024Relevance: 80%
- Provide a detailed description of the basis for preparation when metrics incorporate upstream and/or downstream value chain data estimated using indirect sources, including sector-average data or other proxies.
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Question Id: BP-2_04
Basis for preparation: calculations are based sector averages to address data gaps.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed description of the resulting level of accuracy for metrics that incorporate upstream and/or downstream value chain data estimated using indirect sources, including sector-average data or other proxies.
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Question Id: BP-2_05
Level of accuracy: the reliance on generalised proxy data results in a moderate level of accuracy. While estimates provide valuable insights, supplier-specific data is required to improve precision.
Report Date: 4Q2024Relevance: 75%
- Provide a detailed description of the planned actions your company intends to implement to enhance the accuracy of metrics that incorporate value chain data estimated using indirect sources, such as sector-average data or other proxies, in accordance with ESRS 1 chapter 5 on Value Chain.
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Question Id: BP-2_06
Future plans: Cellnex aims to enhance data accuracy by engaging directly with suppliers and increase supplier-specific data. These efforts will strengthen the reliability of future reports.
Report Date: 4Q2024Relevance: 85%
- Identify and disclose the quantitative metrics and monetary amounts that are subject to a high level of measurement uncertainty, as per ESRS 1 section 7.2 regarding sources of estimation and outcome uncertainty.
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Question Id: BP-2_07
Certain metrics in Cellnex’s non-financial and sustainability information statement, such as biodiversity impact metrics and Scope 3 emissions, are subject to significant uncertainty due to several factors.
Report Date: 4Q2024Relevance: 85%