Cellnex
Communications Equipment
Spain
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 a
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- Provide an explanation of how your company's greenhouse gas emission reduction targets align with the objective of limiting global warming to 1.5°C, as stipulated by the Paris Agreement, in accordance with Disclosure Requirement E1-1 regarding the transition plan for climate change mitigation.
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Question Id: E1-1_02
In line with the Paris Agreement, which aims to limit global warming to well below 2°C and strive to limit it to 1.5°C below pre-industrial levels, priority is given to the development of actions aimed at reducing GHG emissions, in accordance with Cellnex's long-term roadmap, as outlined in its Net-Zero Strategy with specific medium- and long-term objectives, structured to progressively achieve full carbon neutrality across all scopes by 2050.
Report Date: 4Q2024Relevance: 80%
- Provide a detailed explanation of whether and how the assessment of assets and business activities deemed to be at material transition risk is integrated into the process for determining material transition risks and scenarios, as outlined in paragraphs 20 (c) and AR 11, and required under paragraphs AR 12 to AR 13. Additionally, elucidate how medium- and long-term time horizons have been defined and their connection to the expected lifetime of the undertaking’s assets, strategic planning horizons, and capital allocation plans.
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Question Id: E1-9_19
The 2024 exercise required a methodological adaptation to the CSRD requirements of the potential financial impacts previously calculated in relation to climate-related risks and opportunities. In 2025, work will continue on the calculation and alignment of these financial magnitudes.
Report Date: 4Q2024Relevance: 30%