Cellnex
ESRS disclosure: ESRS ESRS 2 \ DR BP-2; ESRS ESRS 2 \ DR BP-2 \ Paragraph 11 b ii
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- 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%
- Provide detailed information regarding the sources of measurement uncertainty for each quantitative metric and monetary amount identified. This includes any dependencies on future events, measurement techniques, or the availability and quality of data from the entity's upstream and/or downstream value chain, as stipulated in ESRS 1 section 7.2.
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Question Id: BP-2_08
The sources of measurement uncertainty include reliance on incomplete ecological assessments, variability in supplier data, and potential changes in future regulatory frameworks.
Report Date: 4Q2024Relevance: 85%
- Disclose the assumptions, approximations, and judgments made in measuring each quantitative metric and monetary amount identified, as required by ESRS 1 section 7.2 on sources of estimation and outcome uncertainty.
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Question Id: BP-2_09
In 2024, Cellnex updated its sustainability reporting methodologies to align with the CSRD requirements, introducing several key refinements. Metrics and methodologies were also redefined to enhance alignment with internationally recognized frameworks, improving the precision and reliability of reported data.
Report Date: 4Q2024Relevance: 60%
- Provide a detailed explanation of any changes in the preparation or presentation of sustainability information compared to previous reporting periods. Include the reasons for these changes and justify why the new metrics offer more useful information.
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Question Id: BP-2_10
In 2024, Cellnex updated its sustainability reporting methodologies to align with the CSRD requirements, introducing several key refinements. Metrics and methodologies were also redefined to enhance alignment with internationally recognized frameworks, improving the precision and reliability of reported data. Comparative figures for prior periods, such as water consumption and energy use, were recalibrated according to the carbon footprint recalculation.
Report Date: 4Q2024Relevance: 85%