Cellnex
ESRS disclosure: ESRS G1 \ DR G1-1 \ Paragraph 10a
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- Provide a detailed description of the mechanisms your company employs for identifying, reporting, and investigating concerns regarding unlawful behavior or actions that contradict your code of conduct or similar internal rules. Additionally, specify whether these mechanisms allow for reporting from both internal and external stakeholders.
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Question Id: G1-1_02
Cellnex’s Whistleblowing Channel allows both internal and external stakeholders, including any third party, wishing to report concerns about unlawful behaviour or infringements that disobey the current legislation and/or other internal regulations within the company. The reporting mechanisms are accessible via multiple channels, including the Cellnex Intranet, email, mailing address and telephone, ensuring that individuals can easily raise concerns from anywhere in the world. The Whistleblowing Channel is managed by an independent expert third party, PricewaterhouseCoopers (PwC), acting as Channel Manager and ensuring confidentiality and impartiality of the process. The Channel Manager receives the initial communication and guarantees that it is transferred to the Committee of Ethics and Compliance (CEC) in due time. The CEC as the decision-making body, will investigate and adopt a final resolution that closes the procedure. The Channel Manager will then be responsible for communicating the resolution to the whistleblower in due time and form. To promote the use of the Channel, Cellnex has implemented extensive training, communication and awareness initiatives. These efforts ensure that all employees are fully informed about the existence, purpose, and proper use of the Whistleblowing Channel. In addition, employees receive training on the process of submitting communications and on the importance of raising ethical issues promptly. The commitment to training extends to the staff receiving the reports, who are prepared to handle concerns professionally, following legal guidelines and internal protocols.
Report Date: 4Q2024Relevance: 95%
- Provide detailed information regarding the nature, scope, and depth of the anti-corruption and anti-bribery training programs that are either offered or mandated by your organization, as stipulated under Disclosure Requirement G1-3 for the prevention and detection of corruption and bribery.
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Question Id: G1-3_06
Cellnex places a strong emphasis on training as a key component of its anti-bribery and anti-corruption framework. Mandatory ethics and compliance training is provided to all employees to ensure they are familiar with the company’s anti-bribery policies, their ethical responsibilities, and the procedures for reporting potential misconduct. In addition to the general training for all employees, specialised training is offered to key stakeholders, such as Board Members, to ensure they are equipped to address specific compliance risks. These training programs are periodically reviewed and updated to reflect the latest compliance obligations and ethical standards.
Report Date: 4Q2024Relevance: 85%