Cellnex
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 disclosure of the risk factors associated with net revenue from business activities that are subject to material transition risk. This disclosure should include a breakdown of business activities, specifying the percentage of current net revenue, associated risk factors, and, where feasible, the anticipated financial effects related to margin erosion over short-, medium-, and long-term periods. Additionally, if applicable, disaggregate the nature of business activities by operating segments, particularly if margin contributions by operational segments have been reported in the financial statements.
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Question Id: E1-9_37
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%