Cellnex
ESRS disclosure: ESRS E1 \ DR E1-4 \ Paragraph 33
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- Provide a detailed account of whether and how your organization has established GHG emissions reduction targets or any other relevant targets to manage significant climate-related impacts, risks, and opportunities. This includes, but is not limited to, initiatives such as renewable energy deployment, energy efficiency improvements, climate change adaptation strategies, and measures for mitigating physical or transition risks.
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Question Id: E1-4_01
The targets set by Cellnex demonstrate its commitment to reducing its environmental impact, as outlined in its business strategy. The commitment through the Science-Based Targets and the longer-term Net-Zero target 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. Cellnex will continue to measure and disclose its performance in relation to these objectives. Below is an overview of the most relevant climate-related metrics and targets:
- GHG emissions scopes 1, 2 and 3
- GHG intensity
- Science-based target follow-up
- Net-Zero
- Scope 1 offsetting
- Energy consumption
- Share of renewable electricity
- Suppliers Further information is available in the 2023 Environment and Climate Change Report.
Report Date: 4Q2024Relevance: 90%
- Provide the total amount of GHG removals and storage in metric tonnes of CO2eq, disaggregated and separately disclosed for the amount related to your company's own operations and its upstream and downstream value chain. Additionally, break down this information by removal activity, as required by Disclosure Requirement E1-7 concerning GHG removals and GHG mitigation projects financed through carbon credits.
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Question Id: E1-7_05
Since 2015, 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 credits in the project 'Improved Cookstoves in Ethiopia', adorned with the Gold Standard certification, and 150 MITERD credits in the project 'Galicia Forest' in Spain. 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%