Cellnex
ESRS disclosure: ESRS E1 \ DR E1-3 \ Paragraph AR19d
Tags Tree
- Provide detailed information on the type of adaptation solutions implemented by your company in response to climate change policies, as specified under Disclosure Requirements E1-3. Indicate whether these solutions are nature-based, engineering, or technological. Additionally, clarify if the anticipated financial effects from material physical and transition risks, as well as potential climate-related opportunities, are quantified, ensuring compliance with the qualitative characteristics outlined in ESRS 1 Appendix B.
-
Question Id: E1-3_02
The Energy Transition Plan includes several adaptation solutions: Energy 4.0 leverages advanced technologies to create a smart ecosystem for energy consumption traceability. Green energy sourcing ensures 100% of electricity consumed at sites comes from renewable sources by 2025. Energy efficiency improvements are made by increasing passive equipment efficiency and optimizing customer equipment. Self-generation involves expanding on-site renewable energy solutions such as solar panels and hydrogen batteries. The anticipated financial effects from material physical and transition risks are not explicitly quantified in the provided text.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed description of the expected decarbonisation levers and their overall quantitative contributions towards achieving the GHG emission reduction targets, as outlined in Disclosure Requirement E1-4 concerning climate change mitigation and adaptation. Include specific strategies such as energy or material efficiency, consumption reduction, fuel switching, utilization of renewable energy, and the phase-out or substitution of products and processes.
-
Question Id: E1-4_23
The targets set by Cellnex involve a combination of approaches including reducing greenhouse gas (GHG) emissions, migrating energy procurement in favour of renewable and clean energy, and engaging with the supply chain. Specific strategies include sourcing of renewable electricity, reduction of scope 1 and 2 GHG emissions and scope 3 GHG emissions from fuel and energy-related activities, reduction of absolute scope 3 GHG emissions from purchased goods and services and capital goods, and reduction of the carbon footprint: scope 1, 2 and 3 (Carbon neutral).
Report Date: 4Q2024Relevance: 85%