Cellnex
ESRS disclosure: ESRS G1 \ DR G1-1 \ Paragraph 10 b
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- Does your company currently lack policies on anti-corruption or anti-bribery that align with the United Nations Convention against Corruption? If so, provide a statement confirming this absence and detail any plans for future implementation, including a proposed timetable.
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Question Id: G1-1_03
The company aims to forge business relationships that are based on honesty and transparency, rejecting any conduct that aims to gain preferential treatment in both the public and private sectors. To reinforce Cellnex’s commitment to anti-bribery and anti-corruption, several policies were updated to implement the company’s Anti-Bribery Management System, to comply with ISO 37001 and strengthen the ethics framework.
Report Date: 4Q2024Relevance: 50%
- Does the undertaking currently have policies on anti-corruption or anti-bribery that align with the United Nations Convention against Corruption? If not, provide a statement regarding the absence of such policies, and detail any plans to implement them, including the specific timetable for their implementation.
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Question Id: G1-1_04
The company aims to forge business relationships that are based on honesty and transparency, rejecting any conduct that aims to gain preferential treatment in both the public and private sectors. To reinforce Cellnex’s commitment to anti-bribery and anti-corruption, several policies were updated to implement the company’s Anti-Bribery Management System, to comply with ISO 37001 and strengthen the ethics framework.
Report Date: 4Q2024Relevance: 60%
- Provide information on whether and how social and environmental criteria are considered in the selection of supply-side contractual partners, as per Disclosure Requirement G1-2 concerning the management of relationships with suppliers.
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Question Id: G1-2_03
Cellnex integrated ESG and risk management into its supply chain in 2022, in accordance with its ESG Master Plan. This involved a collaborative effort of various departments, such as Health & Safety, Legal, Security, ESG, Environment and Climate Change, Quality and Procurement in order to define a comprehensive model.
The collaboration between these departments was centred on risk definition, supplier's categorisation, and on the configuration of a model that could include ESG questions and risk management in the following processes: supplier onboarding, qualification, sourcing, and contracts, and evaluation.
This approach ensures the mitigation of potential risks on the supply chain and fosters its alignment with Cellnex's ESG objectives.
Additionally, Cellnex categorises its suppliers into three tiers based on the company's annual expenditure on purchases and on the criticality of the services that they provide.
- Tier A (critical suppliers), includes suppliers with annual purchases over €5,000,000, or those delivering critical services for business continuity.
- Tier B, includes suppliers with annual purchases between €500,000 and €5,000,000.
- Tier C, includes suppliers with annual purchases below €500,000.
In 2024, the group qualified its critical suppliers, covering 65% of the total spent.
In this regard, we can highlight Cellnex Italy, since strategically extends its commitment to values and a sustainable culture across the entire supply chain. The company seamlessly integrates supplier evaluation, selection and monitoring with the assessment of ESG requirements, thus reinforcing its dedication to sustainability.
Cellnex's selection of suppliers for audit aligns with the ESG risk level, considering factors such as the supply's nature, certifications, dedication to social and environmental responsibility, and an assessment of the supplier's environmental, health and safety, and service quality.
In 2024, Cellnex invested €26,000 in the CDP Supply Chain programme to promote transparency and encourage collaboration with suppliers to reduce emissions. The company invited a total of 272 suppliers, of which 81% responded. In addition, Cellnex offered a Supplier Support Programme with an investment of €10,100 to improve the quality of emissions data provided by its partners.
Report Date: 4Q2024Relevance: 90%