Cellnex
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 the monetary amount and proportion (percentage) of assets at material physical risk over the short-, medium-, and long-term, prior to the implementation of climate change adaptation actions. Disaggregate these monetary amounts by acute and chronic physical risk categories.
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Question Id: E1-9_01
Acute physical risk is projected in the short term (2020-2040) and long term (2070-2100) at the sites caused by extreme climate events. Chronic physical risk is caused by the increase in temperature and sea level rise projected up to 2100. In the realistic scenario, 2.3% of sites between 2040-2070 and 6.5% of sites between 2070-2100. In the worst-case scenario, 6% of sites between 2040-2070 and 23% of sites between 2070-2100.
Report Date: 4Q2024Relevance: 50%