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%
- What is the monetary amount and proportion (percentage) of your company's assets that are at acute material physical risk over the short-, medium-, and long-term, prior to considering any climate change adaptation actions? Please ensure that the monetary amounts of these assets are disaggregated by acute and chronic physical risk.
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Question Id: E1-9_02
Acute physical risk is projected in the short term (2020-2040) and long term (2070-2100) at the sites caused by extreme climate events. The climate variables that could cause significant damage to sites are strong winds, wildfires, and landslides. By 2040, 31% of Cellnex sites are at high and critical risk from these variables.
Report Date: 4Q2024Relevance: 50%