Cellnex
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph 13 a
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- Provide a detailed description of the resilience of your current business model and strategy concerning biodiversity and ecosystems. Include an assessment of how your business model and strategy withstand biodiversity and ecosystems-related physical, transition, and systemic risks.
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Question Id: E4-1_01
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 metrics that assess the threat status of species and evaluate how the company's activities or pressures may influence this threat status, in accordance with Disclosure Requirement E4-5 concerning impact metrics related to biodiversity and ecosystems change.
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Question Id: E4-5_22
Cellnex has identified potential impacts on birdlife caused by its operations as particularly important for the company. Given that the telecommunication infrastructure consists of large towers, the assets can make for attractive nesting sites for a variety of bird species. Particularly, the presence of hawks and storks has been thoroughly evaluated. In some of the involved countries, empty nests are removed from the assets after the conclusion of the nesting season, if local regulations allow for this. These actions are aimed to reduce the risk of disturbing birds returning to the same nesting site in the following season.
Report Date: 4Q2024Relevance: 60%