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.

The results of the GBS show that:

• In own operations, the main biodiversity impacts are primarily associated with land use, with a lesser impact linked to climate change.
• Concerning suppliers, the key impacts identified relate to material use, land use, and disturbances to wildlife.
• And finally, related to customers: no significant impacts have been identified.

As a starting point for understanding Cellnex’s overall impact on biodiversity this metric provides a general assessment of its effects across different areas of operation. This approach helps identify key pressure points and prioritize actions to mitigate negative impacts.