Cellnex
Communications Equipment
Spain
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 a
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- Provide an explanation of how your company's greenhouse gas emission reduction targets align with the objective of limiting global warming to 1.5°C, as stipulated by the Paris Agreement, in accordance with Disclosure Requirement E1-1 regarding the transition plan for climate change mitigation.
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Question Id: E1-1_02
In line with the Paris Agreement, which aims to limit global warming to well below 2°C and strive to limit it to 1.5°C below pre-industrial levels, priority is given to the development of actions aimed at reducing GHG emissions, in accordance with Cellnex's long-term roadmap, as outlined in its Net-Zero Strategy with specific medium- and long-term objectives, structured to progressively achieve full carbon neutrality across all scopes by 2050.
Report Date: 4Q2024Relevance: 80%
- Has your company established greenhouse gas emission reduction targets related to climate change mitigation and adaptation? If so, disclose these targets in absolute values, either in tonnes of CO2 equivalent or as a percentage of emissions from a base year, and include intensity values where applicable.
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Question Id: E1-4_09
Yes, the company has established greenhouse gas emission reduction targets related to climate change mitigation and adaptation. These targets are disclosed in absolute values 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%