Cellnex
ESRS disclosure
Tags Tree
- Has the undertaking established a channel for its own workforce to raise concerns? If not, disclose the absence of such a channel and provide a timeframe within which the undertaking intends to implement this channel.
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Question Id: S1-3_11
Cellnex provides a structured grievance handling mechanism through the Whistleblowing Channel, ensuring that employees and other stakeholders can report concerns or express needs in a safe and effective manner. This mechanism is clearly outlined in the company’s Code of Ethics and the Policy for the Whistleblowing Channel, both of which emphasize a zero-tolerance stance on retaliation.
Report Date: 4Q2024Relevance: 95%
- Provide a detailed account of the actions taken, planned, or currently underway to prevent or mitigate any material negative impacts on your own workforce. Include approaches to managing material risks and pursuing material opportunities related to your workforce, as well as an assessment of the effectiveness of these actions.
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Question Id: S1-4_01
Cellnex discloses its actions to address material negative and positive impacts, manage material risks, and pursue material opportunities related to its workforce through various comprehensive measures, ensuring transparency and accountability. Firstly, Cellnex tracks several key performance indicators (KPIs) related to equal treatment and opportunities, such as women hires, career advancement for women, and women in management positions. These KPIs are monitored quarterly and are linked to short or long-term incentives.
Additionally, the team prepares every quarter the 'People Health Index document', which includes not only the before-mentioned KPIs but also many more related to Workforce and its dimensions (gender, age, nationalities, etc.), hires, leaves and movements status, attrition rate, exit interviews feedback, etc. Its main purpose is to collect up-to-date relevant Group People’s information, in a quarterly basis, that allows Cellnex to track data and KPIs, compare periods and its evolution, stick to defined priorities and objectives and take data-driven decisions.
Furthermore, the company reports on gender pay gaps and is working to ensure compliance with European directives on pay transparency. In terms of diversity, Cellnex includes all Equality, Diversity, and Inclusion (EDI) initiatives and promotes work-life balance through Pulse surveys, town halls, remote working policies, and well-being activities. The company also emphasises linguistic and cultural diversity by incorporating non-local profiles and cultural awareness initiatives. The company is committed to preventing exploitative labour practices and engages its workforce in discussions about real and potential impacts, ensuring their involvement in decision-making processes. Furthermore, Cellnex uses various channels to gather feedback and address concerns from its workforce, including grievance mechanisms, hotlines, trade unions, and works councils. These channels help the company gain insights into the management of impacts on its workforce and ensure that employees’ concerns are addressed effectively. By implementing these measures and regularly disclosing their effectiveness, Cellnex demonstrates its commitment to managing material risks and opportunities related to its workforce while fostering a transparent and inclusive work environment.
Report Date: 4Q2024Relevance: 90%
- Has the undertaking taken action to provide or enable remedy concerning an actual material impact on its own workforce, and if so, how has this been accomplished?
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Question Id: S1-4_02
Cellnex uses various channels to gather feedback and address concerns from its workforce, including grievance mechanisms, hotlines, trade unions, and works councils. These channels help the company gain insights into the management of impacts on its workforce and ensure that employees’ concerns are addressed effectively.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed description of any additional initiatives or actions implemented by your organization with the primary purpose of delivering positive impacts for your own workforce, in accordance with Disclosure Requirement S1-4, which pertains to addressing material impacts, managing material risks, and pursuing material opportunities related to your workforce, as well as evaluating the effectiveness of these actions.
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Question Id: S1-4_03
Cellnex includes all Equality, Diversity, and Inclusion (EDI) initiatives and promotes work-life balance through Pulse surveys, town halls, remote working policies, and well-being activities. The company also emphasises linguistic and cultural diversity by incorporating non-local profiles and cultural awareness initiatives. The company is committed to preventing exploitative labour practices and engages its workforce in discussions about real and potential impacts, ensuring their involvement in decision-making processes. Furthermore, Cellnex uses various channels to gather feedback and address concerns from its workforce, including grievance mechanisms, hotlines, trade unions, and works councils. These channels help the company gain insights into the management of impacts on its workforce and ensure that employees’ concerns are addressed effectively. By implementing these measures and regularly disclosing their effectiveness, Cellnex demonstrates its commitment to managing material risks and opportunities related to its workforce while fostering a transparent and inclusive work environment.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed description of the methods employed by your organization to track and assess the effectiveness of actions and initiatives aimed at delivering outcomes for your own workforce, as per Disclosure Requirement S1-4 concerning material impacts, risks, and opportunities related to your workforce.
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Question Id: S1-4_04
Cellnex tracks several key performance indicators (KPIs) related to equal treatment and opportunities, such as women hires, career advancement for women, and women in management positions. These KPIs are monitored quarterly and are linked to short or long-term incentives. Additionally, the team prepares every quarter the 'People Health Index document', which includes not only the before-mentioned KPIs but also many more related to Workforce and its dimensions (gender, age, nationalities, etc.), hires, leaves and movements status, attrition rate, exit interviews feedback, etc. Its main purpose is to collect up-to-date relevant Group People’s information, in a quarterly basis, that allows Cellnex to track data and KPIs, compare periods and its evolution, stick to defined priorities and objectives and take data-driven decisions.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed description of the processes your organization employs to identify necessary and appropriate actions in response to actual or potential negative impacts on your workforce, as per Disclosure Requirement S1-4.
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Question Id: S1-4_05
Cellnex uses various channels to gather feedback and address concerns from its workforce, including grievance mechanisms, hotlines, trade unions, and works councils. These channels help the company gain insights into the management of impacts on its workforce and ensure that employees’ concerns are addressed effectively. By implementing these measures and regularly disclosing their effectiveness, Cellnex demonstrates its commitment to managing material risks and opportunities related to its workforce while fostering a transparent and inclusive work environment.
Report Date: 4Q2024Relevance: 80%
- What actions are currently planned or underway to mitigate material risks arising from the impacts and dependencies on your own workforce, and how is the effectiveness of these actions being tracked in practice?
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Question Id: S1-4_06
Cellnex tracks several key performance indicators (KPIs) related to equal treatment and opportunities, such as women hires, career advancement for women, and women in management positions. These KPIs are monitored quarterly and are linked to short or long-term incentives. Additionally, the team prepares every quarter the 'People Health Index document', which includes not only the before-mentioned KPIs but also many more related to Workforce and its dimensions (gender, age, nationalities, etc.), hires, leaves and movements status, attrition rate, exit interviews feedback, etc. Its main purpose is to collect up-to-date relevant Group People’s information, in a quarterly basis, that allows Cellnex to track data and KPIs, compare periods and its evolution, stick to defined priorities and objectives and take data-driven decisions.
Report Date: 4Q2024Relevance: 60%
- What actions are currently planned or being implemented to pursue material opportunities concerning your own workforce?
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Question Id: S1-4_07
Cellnex includes all Equality, Diversity, and Inclusion (EDI) initiatives and promotes work-life balance through Pulse surveys, town halls, remote working policies, and well-being activities. The company also emphasises linguistic and cultural diversity by incorporating non-local profiles and cultural awareness initiatives. The company is committed to preventing exploitative labour practices and engages its workforce in discussions about real and potential impacts, ensuring their involvement in decision-making processes.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed account of whether and how your organization ensures that its practices do not cause or contribute to material negative impacts on its own workforce. Include relevant practices related to procurement, sales, and data use. Additionally, describe the approach taken when tensions arise between preventing or mitigating material negative impacts and other business pressures.
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Question Id: S1-4_08
Cellnex is committed to preventing exploitative labour practices and engages its workforce in discussions about real and potential impacts, ensuring their involvement in decision-making processes. Furthermore, Cellnex uses various channels to gather feedback and address concerns from its workforce, including grievance mechanisms, hotlines, trade unions, and works councils. These channels help the company gain insights into the management of impacts on its workforce and ensure that employees’ concerns are addressed effectively. By implementing these measures and regularly disclosing their effectiveness, Cellnex demonstrates its commitment to managing material risks and opportunities related to its workforce while fostering a transparent and inclusive work environment.
Report Date: 4Q2024Relevance: 70%
- What resources are allocated by your undertaking to manage its material impacts on its own workforce, including the approaches to managing material risks and pursuing material opportunities, and how effective are these actions?
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Question Id: S1-4_09
Cellnex tracks several key performance indicators (KPIs) related to equal treatment and opportunities, such as women hires, career advancement for women, and women in management positions. These KPIs are monitored quarterly and are linked to short or long-term incentives. Additionally, the team prepares every quarter the 'People Health Index document', which includes not only the before-mentioned KPIs but also many more related to Workforce and its dimensions (gender, age, nationalities, etc.), hires, leaves and movements status, attrition rate, exit interviews feedback, etc. Its main purpose is to collect up-to-date relevant Group People’s information, in a quarterly basis, that allows Cellnex to track data and KPIs, compare periods and its evolution, stick to defined priorities and objectives and take data-driven decisions.
Report Date: 4Q2024Relevance: 60%