Cellnex
ESRS disclosure: ESRS E1 \ DR E1-4 \ Paragraph 33
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- Provide a detailed account of whether and how your organization has established GHG emissions reduction targets or any other relevant targets to manage significant climate-related impacts, risks, and opportunities. This includes, but is not limited to, initiatives such as renewable energy deployment, energy efficiency improvements, climate change adaptation strategies, and measures for mitigating physical or transition risks.
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Question Id: E1-4_01
The targets set by Cellnex demonstrate its commitment to reducing its environmental impact, as outlined in its business strategy. The commitment through the Science-Based Targets and the longer-term Net-Zero target involve a combination of approaches including reducing greenhouse gas (GHG) emissions, migrating energy procurement in favour of renewable and clean energy, and engaging with the supply chain. Cellnex will continue to measure and disclose its performance in relation to these objectives. Below is an overview of the most relevant climate-related metrics and targets:
- GHG emissions scopes 1, 2 and 3
- GHG intensity
- Science-based target follow-up
- Net-Zero
- Scope 1 offsetting
- Energy consumption
- Share of renewable electricity
- Suppliers Further information is available in the 2023 Environment and Climate Change Report.
Report Date: 4Q2024Relevance: 90%
- What is the monetary amount and percentage of your company's assets that are at material physical risk over the short, medium, and long term, prior to the implementation of climate change adaptation actions? Additionally, provide a disaggregation of these monetary amounts by acute and chronic physical risks.
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Question Id: E1-9_04
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%