Cellnex
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph AR 1 b
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- Provide a detailed account of your company's operations and elucidate the measures being undertaken to address material impacts within your upstream and downstream value chain, as identified in your materiality assessment, in accordance with ESRS 2 IRO-1. This should be included as part of your disclosure on anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities, and should align with your transition plan and consideration of biodiversity and ecosystems in your strategy and business model.
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Question Id: E4-1_09
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%
- Has the undertaking utilized biodiversity offsets within its action plans? If so, provide detailed information regarding the use of biodiversity offsets in these plans.
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Question Id: E4-3_02
Cellnex Spain is implementing various biodiversity management projects, including applying compensation measures. Key initiatives include collaboration with the Generalitat de Catalunya to monitor and remove Argentine parrot nests from towers, procedures prioritizing manual or mechanical vegetation clearing over herbicides, and guidelines to protect bee nests. Additionally, Cellnex is working with the Trenca association to develop stork nest compensation measures, relocating and building nests in suitable areas.
Report Date: 4Q2024Relevance: 75%