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 anticipated financial effects in terms of margin erosion for business activities identified as being at material transition risk. This should include a breakdown of the undertaking's business activities, specifying the associated percentage of current net revenue and the relevant risk factors, including events and exposure. Additionally, where feasible, disclose the anticipated financial effects related to margin erosion over the short-, medium-, and long-term. If applicable, disaggregate the nature of business activities by operating segments, particularly if the contribution of margins by operational segments has been disclosed in the segment reporting within the financial statements.
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Question Id: E1-9_38
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%