Cellnex
ESRS disclosure: ESRS G1 \ DR G1-1 \ Paragraph 10 h
Tags Tree
- Identify and disclose the functions within your organization that are most susceptible to risks associated with corruption and bribery, as per Disclosure Requirement G1-1 concerning business conduct policies and corporate culture.
-
Question Id: G1-1_11
Cellnex identifies activities and functions that are especially exposed to bribery and corruption risks through regular risk assessments. Based on these, the company implements targeted training programmes, apply strict controls, and conduct frequent reviews to manage these risks effectively. This approach ensures that the areas that are especially vulnerable to unethical conducts are continuously monitored, and that proper preventive measures are in place to mitigate potential issues related to bribery and corruption.
Report Date: 4Q2024Relevance: 70%
- 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.
-
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%