Provide a detailed account of how your organization contributes to addressing biodiversity and ecosystem impact drivers. Include potential mitigation actions aligned with the mitigation hierarchy, and specify any main path-dependencies and locked-in assets and resources, such as plants or raw materials, that are associated with changes in biodiversity and ecosystems. This information should be part of your transition plan and consideration of biodiversity and ecosystems within your strategy and business model, as required under Disclosure Requirement E4-6 regarding anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities.

Question

Accepted Answer

As a guiding framework for prioritizing actions, Cellnex will apply the mitigation hierarchy to ensure alignment with international best practices. This approach prioritizes avoiding harm to nature, minimizing unavoidable impacts, restoring affected ecosystems, and compensating for any residual effects. By adhering to this hierarchy, Cellnex seeks to effectively manage nature-related risks while also identifying opportunities to enhance biodiversity and ecosystem resilience within its operations and across its supply chain.

Cellnex

ESRS disclosure: E4-1_11

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