Cellnex
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph 13 c
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- Provide a detailed account of the resilience of your strategy and business model concerning biodiversity and ecosystems. Include a comprehensive description of the key assumptions made in this context.
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Question Id: E4-1_03
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%
- Does the undertaking's key action plan for biodiversity and ecosystems operate independently using solely its resources, or is it integrated into a broader collective initiative to which the undertaking significantly contributes? If it is part of a wider initiative, provide detailed information regarding the project, its sponsors, and other participants.
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Question Id: E4-3_15
Cellnex Spain collaborates with the Trenca association to develop stork nest compensation measures, indicating integration into a broader initiative. However, detailed information regarding the project, its sponsors, and other participants is not provided.
Report Date: 4Q2024Relevance: 60%