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.

Question

Accepted Answer

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.

Cellnex

ESRS disclosure: E1-9_02

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