Cellnex
ESRS disclosure: ESRS E1 \ DR E1-3 \ Paragraph AR19d
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- Provide detailed information on the type of adaptation solutions implemented by your company in response to climate change policies, as specified under Disclosure Requirements E1-3. Indicate whether these solutions are nature-based, engineering, or technological. Additionally, clarify if the anticipated financial effects from material physical and transition risks, as well as potential climate-related opportunities, are quantified, ensuring compliance with the qualitative characteristics outlined in ESRS 1 Appendix B.
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Question Id: E1-3_02
The Energy Transition Plan includes several adaptation solutions: Energy 4.0 leverages advanced technologies to create a smart ecosystem for energy consumption traceability. Green energy sourcing ensures 100% of electricity consumed at sites comes from renewable sources by 2025. Energy efficiency improvements are made by increasing passive equipment efficiency and optimizing customer equipment. Self-generation involves expanding on-site renewable energy solutions such as solar panels and hydrogen batteries. The anticipated financial effects from material physical and transition risks are not explicitly quantified in the provided text.
Report Date: 4Q2024Relevance: 85%
- Has the undertaking assessed the potential effects on future financial performance and position for assets and business activities at material transition risk? If so, provide an explanation detailing the scope of application, calculation methodology, critical assumptions and parameters, and any limitations of the assessment.
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Question Id: E1-9_18
Cellnex has analysed the potential impact of the key financial magnitudes associated with physical and transition climate risks, as well as the potential to capitalise on climate-related opportunities. This analysis includes the projection of potential financial impacts in the scenarios considered for the short, medium or long term, depending on each risk or opportunity.
Report Date: 4Q2024Relevance: 60%