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 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%