Cellnex
Communications Equipment
Spain
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph AR 1 g
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- Does the company's transition plan incorporate biodiversity offsets, and if so, where are these offsets intended to be utilized, what is their extent in relation to the overall transition plan, and has the mitigation hierarchy been considered?
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Question Id: E4-1_14
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.
Report Date: 4Q2024Relevance: 60%