Climate Change

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Climate Change

Cellnex is committed to taking the necessary measures and actions to successfully meet the challenge of climate change. We undertake to adopt an active and proactive stance in the fight against climate change, contributing in turn to the achievement of the Sustainable Development Goals (SDGs).

For further information: Environment and Climate Change Report

We are committed to reducing our carbon footprint by 50% by 2030 and 100% by 2050.

Ensure access to affordable, reliable, sustainable and modern energy

To build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

Ensure sustainable consumption and production patterns

Take urgent action to combat climate change and its impacts

Strengthen the means of implementation and revitalize the global partnership for sustainable development

Cellnex Net-Zero Strategy

The climate challenge requires us to make a firm commitment to limit global warming in time, which implies a reduction in emissions until we achieve the complete decarbonisation of the economy . At Cellnex we want to reach NetZero by 2050 and for this we have drawn up a strategy with specific and ambitious medium and long term objectives.

SEE VIDEO

Cellnex Environmental and Climate Change Plan

In its second annual Environment and Climate Change report, Cellnex presents a complete overview of its actions to address climate change, drive the circular economy, protect biodiversity and progress towards becoming an emission neutral company.

SEE VIDEO

"We measure our carbon footprint so we know how to reduce it"

Calculating our carbon footprint is a key step towards understanding the company’s impact on the environment and setting emission management and reduction targets. That’s why Cellnex calculates its carbon footprint annually based on ISO 14064-1:2018 standard and the results are checked annually by an independent third party in accordance with ISO 14064-3:2019 standard.

Cellnex conducted a comprehensive screening of its indirect emissions in 2020 to determine their relevance in line with the GHG Protocol Corporate Value Chain (Scope 3) and ISO 14064-1:2018 This was used as the basis to define emission reduction targets to keep the increase in global temperature below 1.5°C, as established by the Science Based Target (SBTi) and Business Ambition for 1.5°C initiatives. Cellnex has joined these initiatives, setting goals such as carbon neutrality for scope 1 and 2 emissions by 2025.

Goals

Reduce 70% of scope 1 and 2 emissions and scope 3 emissions from fuel and energy-related activities

by 2030

100% sourcing of renewable electricity

by 2025

Reduce 21% of scope 3 emissions from purchased goods and services and capital goods

by 2025

Commitments

SCIENCE BASED TARGETS

Cellnex commits to reduce absolute scope 1 and 2 GHG emissions and scope 3 GHG emissions from fuel and energy-related activities 70% by 2030 from a 2020 base year. We also commit to increase annual sourcing of renewable electricity from 0% in 2020 to 100% by 2025 and also to reduce absolute scope 3 emissions from purchased goods and services and capital goods GHG emissions 21% by 2025 from a 2020 base year.

ENERGY TRANSITION PLAN

In 2021 an Energy Transition Plan was established in line with the Strategic Sustainability Plan to define a roadmap for the coming years. This plan aims to achieve responsible management of energy and water consumption, minimising impact and optimising resources.

BUSINESS AMBITION FOR 1.5ºC

Cellnex joined the “Business ambition for 1.5°C” Global Compact to limit the increase in global temperature to 1.5ºC. This initiative sets out two areas of action: “Science based targets in line with 1.5°C” and “Net-zero emissions commitment”.

Offsetting scope 1 emissions

In 2023 Cellnex offset 3016.01 tCO2e by acquiring 3017 CER (certified emission reduction) credits in the Wind Energy in India Tamil Nadu project, which was awarded the prestigious Gold Standard certification.

ENVIRONMENT AND CLIMATE CHANGE REPORT

Preparing infrastructures for future climate impacts

Cellnex has undertaken a climate scenario analysis based on the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). The company has a Global Risk Management System in place to integrate climate change risks into the general identification, analysis, action and monitoring process.

In line with TCFD recommendations for the identification of these risks and opportunities, we performed an analysis of physical and transition scenarios that make it possible to determine the resilience of the organisation to variations in climatic, political and economic trends arising from climate change.

ENVIRONMENT AND CLIMATE CHANGE REPORT

Environmental projects

Sustainability indexes

Biodiversity

We protect and preserve the environment where we operate by managing our facilities to minimise any environmental impact, not only our direct footprint, but also the potential impact our suppliers may cause during maintenance and service work.

Climate change

We are taking urgent measures to combat climate change and its effects.

Circular economy

We use resources efficiently, assessing and reducing the impacts we produce throughout our value chain.

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