Cellnex
ESRS disclosure: ESRS G1 \ DR G1-1 \ Paragraph 10 g
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- Provide detailed information regarding the undertaking's policy for training within the organisation on business conduct. This should include specifics on the target audience, the frequency of training sessions, and the depth of coverage.
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Question Id: G1-1_10
Cellnex is committed to fostering a culture of integrity and ethical business conduct through a comprehensive training policy. For this reason, it has implemented mandatory training programmes for all employees, which cover key topics such as ethical behaviour, compliance standards and legal obligations. Training is delivered through a combination of in-person sessions, e-learning modules, and periodic refresher courses to ensure ongoing awareness and alignment with Cellnex’s policies. To assess the effectiveness of these programmes, the company regularly conducts tests, gathers feedback through surveys, and performs compliance reviews.
Report Date: 4Q2024Relevance: 85%
- Provide detailed information regarding any actions undertaken to address breaches in procedures and standards related to anti-corruption and anti-bribery.
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Question Id: G1-4_03
Cellnex maintains a robust Disciplinary System that provides a clear framework to address any future breaches of anti-bribery and anti-corruption standards and defines the steps that the company would take to sanction these. The System applies not only to the direct perpetrators of breaches but also to those who induce, cooperate, or assist in these non-compliant activities. Depending on the severity of the breach, disciplinary actions may include verbal or written warnings, suspension of salary and employment, or dismissal of employees or members of the Board of Directors. For third parties maintaining commercial relationships with Cellnex, violations could result in the termination of contracts or business relationships. These sanctions are always applied proportionally, under proper justification and in strict compliance with labour laws and other applicable regulations. In addition, Cellnex's Anti-Bribery, Gifts and Hospitality Policy and the Corruption Prevention Procedure complement the Disciplinary System by establishing clear guidelines for preventing, detecting, investigating, and addressing corrupt practices.
Report Date: 4Q2024Relevance: 90%