Cellnex
ESRS disclosure: ESRS E4 \ DR E4-1 \ Paragraph AR 1 a
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- Provide a detailed explanation of how your company's strategy and business model will be adjusted to enhance and ultimately achieve alignment with pertinent local, national, and global public policy goals and targets concerning biodiversity and ecosystems. This should include alignment with the Kunming-Montreal Global Biodiversity Framework, the EU Biodiversity Strategy for 2030, Directive 2009/147/EC, Council Directive 92/43/EEC (the EU Birds and Habitats Directives), and relevant planetary boundaries related to biosphere integrity and land-system change.
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Question Id: E4-1_08
The nature strategy shall include both the own operations and the value chain, to effectively collaborate with other stakeholder to improve the nature performance. The nature strategy will consist of a practical transition plan, with specified actions and targets per business unit and country. It is to be developed not only to determine new actions to be taken, but also to align already existing initiatives and policies across the organisation.
Report Date: 4Q2024Relevance: 65%
- Provide a detailed explanation of how your organization estimates financial amounts and identifies critical assumptions concerning anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities. Include an assessment of related products and services at risk over the short-, medium-, and long-term, specifying the definitions and methodologies used.
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Question Id: E4-6_06
The financial amounts are estimated using Cellnex's Global Risk Management methodology, which establishes that an economic impact of <1% of revenue is low. The risks are defined as policy and legal, reputational, and physical risks, with specific examples provided for each. The time horizons are short-term (0 to 5 years) and medium-term (5 to 10 years).
Report Date: 4Q2024Relevance: 65%