Cellnex
ESRS disclosure: ESRS E1 \ DR E1-4 \ Paragraph 33
Tags Tree
- 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.
-
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 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.
-
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%