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 account of how your company's policy on biodiversity and ecosystems refers to recognised standards or third-party certifications that are overseen by regulatory bodies. Include any relevant information regarding the production, sourcing, or consumption of raw materials.
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Question Id: E4-2_09
This policy is aligned with international standards and regulations specifically related to nature biodiversity such as the Taskforce on Nature-related Financial Disclosures (TNFD) and the Global Biodiversity Framework (GBF) and the Nature Positive Initiative.
Report Date: 4Q2024Relevance: 85%