Cellnex
ESRS disclosure: ESRS E1 \ DR E1-1 \ Paragraph 17
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- Indicate whether your undertaking has a transition plan for climate change mitigation. If not, specify the anticipated date for adopting such a plan.
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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 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%