Cellnex
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph 13 b
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- Provide a detailed description of the resilience of your strategy and business model concerning biodiversity and ecosystems. Include the scope of the resilience analysis as it pertains to your own operations, as well as your upstream and downstream value chain, and specify the risks considered in this analysis.
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Question Id: E4-1_02
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 description of any biodiversity offsets utilized within your action plans. Include information on the area, type, quality criteria applied, and the standards with which these biodiversity offsets comply.
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Question Id: E4-3_08
Cellnex Spain is implementing biodiversity management projects with compensation measures. This includes collaboration with the Generalitat de Catalunya to monitor and remove Argentine parrot nests, prioritizing manual vegetation clearing, and protecting bee nests. Additionally, Cellnex is working with the Trenca association to develop stork nest compensation measures. Specific details on area, type, quality criteria, and standards are not provided.
Report Date: 4Q2024Relevance: 60%