Cellnex
ESRS disclosure: ESRS E1 \ DR E1-3
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- Provide a detailed account of the climate change mitigation actions undertaken and planned, categorized by decarbonisation lever, including the incorporation of nature-based solutions, as required under Disclosure Requirement E1-3 concerning actions and resources related to climate change policies.
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Question Id: E1-3_01
Cellnex's Net-Zero strategy is structured around seven key pillars: 1. Science-based reduction targets, 2. Energy transition, 3. Value chain engagement, 4. Circular economy practices, 5. Sustainable mobility, 6. Neutralisation of residual emissions, 7. Transparency and governance. The company plans to address residual emissions by financing high-quality carbon reduction and removal projects outside its value chain, aiming to foster positive impacts on ecosystems and local communities. Cellnex also aims to verify its Net-Zero target through the Science Based Targets initiative (SBTi). Key components of the reduction strategy include leveraging renewable energy through the purchase of Guarantees of Origin (GoOs) and expanding solar panel deployments.
Report Date: 4Q2024Relevance: 85%
- 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.
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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 disaggregation of your company's greenhouse gas (GHG) emissions. This disaggregation should be categorized by country, operating segments, economic activity, subsidiary, GHG category (including CO2, CH4, N2O, HFCs, PFCs, SF6, NF3, and any other GHGs considered by your company), or source type (such as stationary combustion, mobile combustion, process emissions, and fugitive emissions). Ensure that this information aligns with the guidance outlined in ESRS 1 chapter 3.7, and note that a quantification of financial effects from opportunities is not required if it does not meet the qualitative characteristics of useful information as specified in ESRS 1 Appendix B.
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Question Id: E1-6_03
Country 2024 Total (Market based) (tCO2e) France 27,803.48 Italy 65,685.26 UK 24,659.19 Spain 47,560.98 Poland 100,987.64 Netherlands 5,203.49 Portugal 18,772.80 Switzerland 2,981.96 Denmark 778.68 Sweden 1,313.64 Ireland 3,664.79 Austria 19,674.67 Total 319,086.58 Report Date: 4Q2024Relevance: 50%