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%
- Has the undertaking identified any material impacts related to ecosystems, and if so, can you provide metrics that measure the area coverage of the affected ecosystems, such as habitat or forest cover, without considering the quality or condition of these areas?
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Question Id: E4-5_24
Ecosystem Type Surface area assets (km²) Surface area assets (%) 1. Artificial surfaces 5.86 56.9% 2.1. Homogeneous Agricultural Area 2.69 26.1% 2.2. Heterogeneous Agricultural area 0.67 6.5% 3.1. Forests 0.64 6.2% 3.2. Shrub and/or herbaceous 0.37 3.6% 3.3. Open spaces with little or no vegetation 0.03 0.3% 4. Wetlands 0.03 0.3% Grand Total 10.30 100.0% Report Date: 4Q2024Relevance: 85%