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

Accepted Answer

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.

Cellnex

ESRS disclosure: E1-9_38

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