Cellnex
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph AR 1 c
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- Provide an explanation of how your company's strategy interacts with its transition plan, specifically in the context of anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities, as outlined in Disclosure Requirement E4-6. Include considerations of biodiversity and ecosystems in your strategy and business model as per Disclosure Requirement E4-1.
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Question Id: E4-1_10
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: 65%
- Provide a detailed account of how your company's policy addresses the limitation of procurement from suppliers who are unable to demonstrate that they do not contribute to significant conversion of protected areas or key biodiversity areas. Include any relevant certifications or measures in place to ensure compliance with this policy.
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Question Id: E4-2_08
Reducing the impact on vegetation and ensuring that Cellnex activities do not involve deforestation nor net conversion, extending this commitment to the supply chain and the products and services purchased by Cellnex.
Report Date: 4Q2024Relevance: 60%