Cellnex
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 16 h
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- Provide a detailed explanation of how the transition plan for climate change mitigation is integrated into and aligned with your company's overall business strategy and financial planning.
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Question Id: E1-1_13
The document mentions that climate change management is led by the Chief Strategy Officer, who reports directly to the CEO, indicating integration into the company's strategy. The company is committed to periodically reviewing its Environment and Climate Change Policy, which is communicated effectively across the organisation and made available to stakeholders to promote transparency. Oversight of the climate change strategy is carried out by the Nominations, Remuneration and Sustainability Committee (NRSC), which reports to the Board of Directors.
Report Date: 4Q2024Relevance: 70%
- 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%