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%
- Provide a detailed account of the anticipated financial effects arising from material physical and transition risks, as well as potential climate-related opportunities. Ensure that the disclosure aligns with the qualitative characteristics of useful information as outlined in ESRS 1 Appendix B. When calculating gross Scope 3 GHG emissions, identify and disclose significant Scope 3 categories based on the magnitude of their estimated GHG emissions. Utilize criteria from the GHG Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard (Version 2011, p. 61 and 65-68) or EN ISO 14064-1:2018 Annex H.3.2, including financial spend, influence, related transition risks and opportunities, or stakeholder views.
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Question Id: E1-6_04
Total Gross indirect (Scope 3) GHG emissions (tCO2eq): 297,577.28
Significant Scope 3 Categories:
- Purchased goods and services: 40,194.43
- Capital goods: 41,789.62
- Fuel and energy-related Activities (not included in Scope1 or Scope 2): 44,239.24
- Business traveling: 1,244.18
- Employee commuting: 3,295.84
- Upstream leased assets: 99,031.48
- Downstream leased assets: 67,628.73
- Investments: 153.76
Report Date: 4Q2024Relevance: 50%