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 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%