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 account of the greenhouse gas (GHG) removals and storage, measured in metric tonnes of CO2 equivalent, that have resulted from projects developed within your own operations or those to which you have contributed within your upstream and downstream value chain.
-
Question Id: E1-7_01
Since 2015, as part of its efforts to mitigate GHG emissions, Cellnex has offset emissions to achieve neutrality in Scope 1 for all the countries. In 2024, Cellnex offset 4,979.96 t CO2e by acquiring 4,636 CER (certified emission reduction) credits in the project 'Improved Cookstoves in Ethiopia', adorned with the Gold Standard certification, and 150 MITERD (Ministry of Ecological Transition) credits in the project 'Galicia Forest' in Spain. Moreover, the 2024 carbon footprint of the Cellnex Foundation has been calculated and its emissions,172,5t CO2e, have also been offset.
Report Date: 4Q2024Relevance: 60%