Cellnex
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph 13 a
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- Provide a detailed description of the resilience of your current business model and strategy concerning biodiversity and ecosystems. Include an assessment of how your business model and strategy withstand biodiversity and ecosystems-related physical, transition, and systemic risks.
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Question Id: E4-1_01
Over the past years, Cellnex has conducted a series of analyses to assess its interrelationships with nature and identify key impacts and dependencies. The objective has been to better manage nature-related risks and opportunities by minimizing its environmental impact and enhancing the organization's resilience. As a result, nature has been integrated into Cellnex's risk management framework and strategic planning. Additionally, Cellnex is developing a dedicated nature strategy to guide employees in incorporating the mitigation hierarchy into decision-making. This strategy will align with the company's broader sustainability framework, ensuring consistency. Furthermore, geographic analyses enable Cellnex to factor nature into the planning of new assets and to identify critical natural spaces for the stakeholders, as well as assets best suited for adaptations to mitigate nature-related impacts and dependencies.
Report Date: 4Q2024Relevance: 80%
- Provide a detailed explanation of whether and how your company's biodiversity and ecosystems-related policies are connected to material dependencies, as well as material physical and transition risks and opportunities.
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Question Id: E4-2_03
Cellnex is committed to mapping, assessing and managing its impacts, dependencies, risks and opportunities related to nature and biodiversity. In this sense, the Company focuses its commitment on the following: The identification of nature-related risks and opportunities and assess dependencies and impacts on natural capital throughout the value chain.
Report Date: 4Q2024Relevance: 65%