Cellnex
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 17
Tags Tree
- Indicate whether your undertaking has a transition plan for climate change mitigation. If not, specify the anticipated date for adopting such a plan.
-
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%
- Provide the monetary amount and proportion (percentage) of assets at chronic material physical risk over the short-, medium-, and long-term, prior to the consideration of climate change adaptation actions. Disaggregate these monetary amounts by acute and chronic physical risk.
-
Question Id: E1-9_03
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. Rising sea levels could cause the relocation of sites affected by the retreat of the coastline.
Report Date: 4Q2024Relevance: 50%