Provide a detailed description of the process your company employs to identify, assess, prioritize, and monitor potential and actual impacts on people and the environment. This should include an explanation of whether and how this process focuses on specific activities, business relationships, geographies, or other factors that lead to an increased risk of adverse impacts, as informed by your due diligence procedures.

Question

Accepted Answer

The process begins with understanding the ESG context, which involves analyzing the value chain, business activities, relationships, and other contextual information. This includes revising and updating current stakeholders and assessing how business activities impact them. The identification of impacts, risks, and opportunities (IROs) is conducted by evaluating ESG aspects of the entire value chain and the business. The evaluation of IROs involves assessing impacts, risks, and opportunities using quantitative and qualitative thresholds. The results are validated to identify the most relevant IROs, which form the basis for determining material issues. These themes are aligned with the ESRS to determine the requirements to include in the report.

Cellnex

ESRS disclosure: IRO-1_03

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