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 the necessary contextual information regarding your payment practices as stipulated in Disclosure Requirement G1-6. Include any complementary details that ensure sufficient context is given. If representative sampling was employed to calculate the required information, disclose this fact and succinctly describe the methodology utilized.
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Question Id: G1-6_05
Cellnex continuously adapts its internal payment processes, implementing measures to mitigate late payments in commercial transactions. These processes are implemented locally in compliance with legal and tax requirements. As a result, supplier contracts in 2024 include payment terms that are equal to, shorter than, or closely aligned with the standard payment terms in each country. However, different terms may be agreed upon by the parties. The average payment period to suppliers is defined as the time elapsed from the invoice date to the actual payment of the transaction. It should be noted that if a specific agreement with a supplier establishes payment terms that exceed the local standard payment term, payments to that supplier will be classified as late payment, even if they comply with the agreed terms between Cellnex and the supplier. Additionally, late payments resulting from administrative issues on the part of either Cellnex or the supplier are also reflected as late payments.
Report Date: 4Q2024Relevance: 65%