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 a detailed description of the procedures currently implemented to prevent, detect, and address any allegations or incidents of corruption and bribery, as required under Disclosure Requirement G1-3.
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Question Id: G1-3_01
The Anti-Bribery, Gifts and Hospitality Policy works in tandem with the Corruption Prevention Procedure (CPP) to establish clear standards for preventing bribery and managing gifts, hospitality, and similar benefits. Employees and stakeholders are required to report any concerns or violations of the Policy either to their hierarchical superior or directly through Cellnex’s Whistleblowing Channel. This system ensures all concerns are treated with the utmost priority and addressed promptly. The CPP is aligned with international best practices, including the ISO 37001, and outlines the principles and standards that all managers, employees, governing bodies, and third parties must follow to prevent, detect, and address corrupt practices. This Procedure is regularly updated to ensure compliance with the evolving legal and regulatory requirements. The CPP provides a clear framework for identifying, investigating, and addressing potential bribery or corruption cases within the company, ensuring accountability at all levels.
Report Date: 4Q2024Relevance: 90%