Provide a detailed explanation of the methodology employed to determine the material information for disclosure concerning material impacts, risks, and opportunities. This should include any thresholds applied and the criteria from ESRS 1 section 3.2 regarding material matters and materiality of information that have been implemented.

Question

Accepted Answer

The methodology used for the double materiality assessment consists of the following steps:
Understanding the ESG context
Understand and analyze the value chain, business activities, relationships, and other contextual information. This includes a revision and update of current stakeholders, followed by an assessment of how the business activities impact them.
Identification of IROs
Identify the impacts, risks, and opportunities of ESG aspects of the entire value chain and the business.
IROs Evaluation
Assess impacts, risks, and opportunities using quantitative and qualitative thresholds.
Results and validation
The objective was to identify the most relevant IROs, which formed the basis for determining the material issues. As a result, these themes will be aligned with the ESRS and will determine the requirements to include in the report.

Cellnex

ESRS disclosure: IRO-2_13

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