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 the disclosure of land-use based on a Life Cycle Assessment if your undertaking has identified material impacts concerning land-use change or impacts on the extent and condition of ecosystems.
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Question Id: E4-5_03
In addition to the Global Biodiversity Score, Cellnex has gathered a series of TNFD core metrics related to land use change. The metric C1.0 'Total spatial footprint' has been determined by estimating the total land occupation area of all the plots of the Cellnex sites. The total surface area is 10.3 km², where the majority of the surface corresponds to the TIS sites (10 km²). Of the 10.3 km², 0.3 km² pertains to the new assets constructed or acquired in 2024, which correspond to the metric C1.1 'Total land use change'.
Report Date: 4Q2024Relevance: 60%