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 target address any shortcomings related to the Substantial Contribution criteria for Biodiversity, as defined in the delegated acts pursuant to Article 15(2) of Regulation (EU) 2020/852? Additionally, if the Do No Significant Harm (DNSH) criteria for Biodiversity, as outlined in the delegated acts pursuant to Articles 10(3), 11(3), 12(2), 13(2), and 14(2) of Regulation (EU) 2020/852, are not met, does the target address any shortcomings related to these DNSH criteria?
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Question Id: E4-4_10
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%