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%
- Provide details on whether ecological thresholds and allocations of impacts to your organization were considered when establishing biodiversity and ecosystem targets. If applicable, specify the manner in which responsibility for adhering to these identified ecological thresholds is distributed within your organization.
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Question Id: E4-4_04
Cellnex has committed to a series of policies and objectives related to nature. These commitments have been included in the ESG strategy and form part of the company's efforts to mitigate its impacts and risks related to nature. However, it is still pending to link these commitments to quantifiable objectives and specific goals.
Report Date: 4Q2024Relevance: 50%