Cellnex
Communications Equipment
Spain
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 h
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- Provide a detailed explanation of how the transition plan for climate change mitigation is integrated into and aligned with your company's overall business strategy and financial planning.
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Question Id: E1-1_13
The document mentions that climate change management is led by the Chief Strategy Officer, who reports directly to the CEO, indicating integration into the company's strategy. The company is committed to periodically reviewing its Environment and Climate Change Policy, which is communicated effectively across the organisation and made available to stakeholders to promote transparency. Oversight of the climate change strategy is carried out by the Nominations, Remuneration and Sustainability Committee (NRSC), which reports to the Board of Directors.
Report Date: 4Q2024Relevance: 70%
- Has the undertaking established GHG emission reduction targets, and if so, are these targets disclosed in absolute terms, either as tonnes of CO2 equivalent or as a percentage relative to a base year, and where applicable, in intensity value?
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Question Id: E1-4_02
Yes, the undertaking has established GHG emission reduction targets. The targets are disclosed in absolute terms as follows:
- KPI 1a: Reduction in Scope 1, 2 and 3 from fuel and energy-related activities GHG emissions: Base year (2020) value is 536,422 t CO2e, Status 2024 value is 65,749 t CO2e, Performance vs Base Year is (88)%, Target 2025 is (45)%, Target 2030 is (70)%.
- KPI 1b: Reduction of absolute Scope 3 GHG emissions from purchased goods and services, and from capital goods: Base year (2020) value is 101,772 t CO2e, Status 2024 value is 81,984 t CO2e, Performance vs Base Year is (19)%, Target 2025 is (21)%.
- KPI 2: Annual sourcing of renewable electricity: Base year (2020) value is 10%, Status 2024 value is 91%, Performance vs Base Year is 91%, Target 2025 is 100%.
Report Date: 4Q2024Relevance: 95%