Cellnex
ESRS disclosure
Tags Tree
- ESRS ESRS 2ESRS 2 Framework
- ESRS E1Climate Remuneration Disclosure
- ESRS E2Pollution Management
- ESRS E3Water & Marine Resources
- ESRS E4Material Sites Disclosure
- ESRS E5Resource Use & Circular Economy
- ESRS S1Workforce Impact Disclosure
- ESRS S2Value Chain Workers Scope
- ESRS S3Affected Communities Disclosure
- ESRS S4Consumer Impact Disclosure
- ESRS G1Governance Disclosure
- Provide a detailed account of the process employed by your organization in setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities. Specifically, disclose whether and how your organization engaged directly with workers within the value chain, their legitimate representatives, or credible proxies who possess insight into their situation, in tracking your organization's performance against these targets.
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Question Id: S2-5_02
Through regular meetings between H&S areas and workers’ representatives, Cellnex has mechanisms to engage value chain workers, their legitimate representatives, or credible proxies in the processes of setting targets, tracking performance, and identifying lessons for improvement. The disclosures related to these engagements are as follows:
- Engagement in Tracking Performance Against Targets, regular Reporting: Workers’ representatives are informed about performance results through regular updates and reports, allowing them to track the effectiveness of implemented measures and the achievement of set targets.
Report Date: 4Q2024Relevance: 85%
- Has the undertaking disclosed the process for setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities, specifically detailing whether and how it engaged directly with workers in the value chain, their legitimate representatives, or credible proxies to identify any lessons or improvements resulting from the undertaking's performance?
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Question Id: S2-5_03
Through regular meetings between H&S areas and workers’ representatives, Cellnex has mechanisms to engage value chain workers, their legitimate representatives, or credible proxies in the processes of setting targets, tracking performance, and identifying lessons for improvement. The disclosures related to these engagements are as follows:
- Engagement in Identifying Lessons or Improvements: after performance evaluations, the company holds sessions where workers’ representatives can discuss outcomes and suggest enhancements based on their experiences. This process allows for continuous improvement in health and safety practices, ensuring that worker insights are integrated into future strategies.
Report Date: 4Q2024Relevance: 85%
- What are the intended outcomes that your organization aims to achieve in the lives of value chain workers, as part of the targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities? Please provide a detailed account of the process for setting these targets, including any direct engagement with value chain workers, their legitimate representatives, or credible proxies with insight into their situation.
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Question Id: S2-5_04
Cellnex sets specific targets to manage material impacts, risks, and opportunities related to value chain workers, establishing targets at the group level while enabling countries to contribute, participate in their achievement, and complement them with local targets. Given the potential risks—such as incidents in telecommunications centers or non-compliance with health and safety regulations in facilities or products/services, which could significantly impact individual safety, operational continuity, and the company’s reputation—the following targets provide a detailed overview of the specific objectives set to address these challenges:
- Target HS001: set, monitor and evaluate threshold limits and objectives for accidents.
- Target HS002: plan and execute an annual programme of safety inspections and OHS consequence management.
- Target HS003: ensure integration of H&S requirements into access management processes, including Corporate & local requirements.
- Target HS004: H&S risks management in the supply chain: Require critical suppliers to know and adhere to Cellnex’s OHS requirements in procurement processes.
Report Date: 4Q2024Relevance: 65%
- Provide a detailed account of the processes employed in setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities. Include an explanation of whether and how direct engagement with workers in the value chain, their legitimate representatives, or credible proxies was conducted. Additionally, disclose the stability of these targets over time, specifically in terms of definitions and methodologies, to ensure comparability.
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Question Id: S2-5_05
Through regular meetings between H&S areas and workers’ representatives, Cellnex has mechanisms to engage value chain workers, their legitimate representatives, or credible proxies in the processes of setting targets, tracking performance, and identifying lessons for improvement. The disclosures related to these engagements are as follows:
Engagement in Setting Targets: Cellnex actively involves value chain workers and their representatives in the target-setting process. This includes discussions on health and safety priorities and the identification of key performance indicators (KPIs) that reflect the concerns and needs of workers.
Engagement in Tracking Performance Against Targets, regular Reporting: Workers’ representatives are informed about performance results through regular updates and reports, allowing them to track the effectiveness of implemented measures and the achievement of set targets.
Engagement in Identifying Lessons or Improvements: after performance evaluations, the company holds sessions where workers’ representatives can discuss outcomes and suggest enhancements based on their experiences. This process allows for continuous improvement in health and safety practices, ensuring that worker insights are integrated into future strategies.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed account of the process your organization employs to establish targets aimed at managing material negative impacts, advancing positive impacts, and addressing material risks and opportunities. Specify whether and how your organization engaged directly with workers in the value chain, their legitimate representatives, or credible proxies with insight into their situation. Additionally, disclose the standards or commitments upon which these targets are based, such as codes of conduct, sourcing policies, global frameworks, or industry codes, in accordance with Disclosure Requirement S2-5.
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Question Id: S2-5_06
Cellnex sets specific targets to manage material impacts, risks, and opportunities related to value chain workers, establishing targets at the group level while enabling countries to contribute, participate in their achievement, and complement them with local targets. Given the potential risks—such as incidents in telecommunications centers or non-compliance with health and safety regulations in facilities or products/services, which could significantly impact individual safety, operational continuity, and the company’s reputation—the following targets provide a detailed overview of the specific objectives set to address these challenges:
- Target HS001: set, monitor and evaluate threshold limits and objectives for accidents.
- Target HS002: plan and execute an annual programme of safety inspections and OHS consequence management.
- Target HS003: ensure integration of H&S requirements into access management processes, including Corporate & local requirements.
- Target HS004: H&S risks management in the supply chain: Require critical suppliers to know and adhere to Cellnex’s OHS requirements in procurement processes.
Report Date: 4Q2024Relevance: 65%
- Provide a detailed description of the significant groups of products and/or services offered by your company, including any changes in the reporting period such as new or removed products and/or services, as part of the key elements of your general strategy that relate to or affect sustainability matters.
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Question Id: SBM-1_01
Sustainability is a fundamental pillar of the Cellnex Group, embedded in the company's business model, which focuses on the shared management of telecommunications infrastructure. Cellnex's strategy is based on the Sustainability Policy, updated in 2024, and is formalised through the ESG Master Plan (2021-2025), which measures and manages the impacts generated on society and the environment in an efficient and responsible manner.
Report Date: 4Q2024Relevance: 30%
- Provide a detailed description of the significant markets and/or customer groups your company serves, including any changes that occurred during the reporting period, such as new or removed markets and/or customer groups. This information should align with the key elements of your general strategy that relate to or affect sustainability matters, as per Disclosure Requirement SBM-1 concerning Strategy, Business Model, and Value Chain.
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Question Id: SBM-1_02
The ESG Master Plan is applicable to all Cellnex geographies, demonstrating the importance of ESG within the company.
Report Date: 4Q2024Relevance: 20%
- Provide a detailed disclosure of your company's strategy, business model, and value chain, specifically focusing on the key elements that relate to or impact sustainability matters. Indicate if your company is active in the fossil fuel sector, including coal, oil, and gas. This should include a breakdown of revenues derived from each of these sources. Additionally, disclose the revenues derived from Taxonomy-aligned economic activities related to fossil gas, as stipulated under Article 8(7)(a) of Commission Delegated Regulation 2021/2178.
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Question Id: SBM-1_14
Sustainability is a fundamental pillar of the Cellnex Group, embedded in the company's business model, which focuses on the shared management of telecommunications infrastructure. Cellnex's strategy is based on the Sustainability Policy, updated in 2024, and is formalised through the ESG Master Plan (2021-2025), which measures and manages the impacts generated on society and the environment in an efficient and responsible manner.
Report Date: 4Q2024Relevance: 50%
- Provide a detailed account of your organization's sustainability-related goals, specifically addressing significant groups of products and services, customer categories, geographical areas, and relationships with stakeholders, as they pertain to the key elements of your general strategy, business model, and value chain.
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Question Id: SBM-1_21
Cellnex's sustainability strategy is based on the Sustainability Policy, updated in 2024, and formalized through the ESG Master Plan (2021-2025). This plan measures and manages the impacts generated on society and the environment in an efficient and responsible manner. The ESG Master Plan is applicable to all Cellnex geographies, demonstrating the importance of ESG within the company. It aligns with the Sustainable Development Goals (SDGs) over a five-year period, with strategies tailored to meet the expectations of all Cellnex stakeholders. The plan acknowledges the emergence of new risks and demands globally, such as climate change, transparency, shareholder engagement, and circular economy practices, driving the company to reinforce its dedication to ESG matters.
Report Date: 4Q2024Relevance: 60%
- Provide an assessment of your current significant products and/or services, as well as significant markets and customer groups, in relation to your sustainability-related goals, as part of the disclosure requirement SBM-1 concerning your strategy, business model, and value chain.
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Question Id: SBM-1_22
Cellnex's ESG Master Plan (2021-2025) is built on six strategic axes related to communication, awareness, and training actions, each with a total of 21 strategic lines. The plan is designed to enable Cellnex to implement initiatives to bolster the company's influence on the Sustainable Development Goals (SDGs) over a five-year period. The plan aligns its strategies with the specific SDGs and their corresponding targets, addressing the latest sustainability trends and challenges such as transparency, shareholder engagement, and climate change.
Report Date: 4Q2024Relevance: 40%