Cellnex
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 17
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- Indicate whether your undertaking has a transition plan for climate change mitigation. If not, specify the anticipated date for adopting such a plan.
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Question Id: E1-1_16
Since its foundation, Cellnex has been working to limit the effects of climate change and to contribute to the decarbonisation of the economy. The company is aware that it is essential to go much further. If no drastic actions are taken to limit the temperature increase to 1.5°C by 2030, the potentially catastrophic consequences of runaway climate change for both people and the natural systems that sustain them could be unavoidable. Therefore, taking action without delay is imperative.
Report Date: 4Q2024Relevance: 50%
- Has the undertaking made public claims of GHG neutrality involving the use of carbon credits? If so, provide an explanation.
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Question Id: E1-7_21
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: 90%