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%
- Provide a detailed account of the anticipated financial effects stemming from material physical and transition risks, as well as potential climate-related opportunities. Include a monetised evaluation of gross Scope 1, 2, and total GHG emissions, expressed in monetary units, as part of the disclosure on potential liabilities from material transition risks, as stipulated in paragraph 67(d). Ensure that the information aligns with the qualitative characteristics outlined in ESRS 1 Appendix B.
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Question Id: E1-9_28
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: 20%