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 address production, sourcing, or consumption from ecosystems that are managed to maintain or enhance conditions for biodiversity. Include information on the regular monitoring and reporting of biodiversity status and any gains or losses.
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Question Id: E4-2_05
The implementation of the TNFD framework to increase the organisation’s resilience to potential impacts related to natural capital both in the short, medium and long-term with the LEAP approach. This systematic process underlines the company’s holistic approach to identifying and managing its interaction with nature, aligning with international best practices for sustainability.
Report Date: 4Q2024Relevance: 50%