Cellnex
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 21
Tags Tree
- Disclose whether and how your company's policies concerning its own workforce align with relevant internationally recognized instruments, including the UN Guiding Principles on Business and Human Rights.
-
Question Id: S1-1_07
Cellnex operates in alignment with these international reference standards, which serve as the framework for conducting the Human Rights Due Diligence process. This exercise aims to identify the most critical and prioritised actual and potential adverse impacts across the Cellnex value chain. Cellnex commits to regularly sharing its progress in adhering to human rights principles with internal and external right holders, thereby prioritising transparency and accountability. Cellnex voluntarily conducts an annual Human Rights Due Diligence exercise in accordance with the regulatory frameworks established by the OECD and the UN Guiding Principles on Business and Human Rights. The objective of this assessment is to identify the most critical and high-priority actual and potential adverse impacts across Cellnex’s entire value chain. In 2024 the assessment was aligned with the Corporate Sustainability Reporting Directive (CSRD) / ESRS requirements. This exercise provided a holistic view of the organisation’s operations, highlighting overlaps and gaps in human rights considerations within the broader context of sustainability. By adopting this integrated approach, Cellnex can be more effective at identifying and mitigating risks, ensuring that human rights considerations are adequately addressed within the broader framework of ESG risks. In this context, oversight of the Human Rights Due Diligence process falls under the purview of the Risk Management department, working in tandem with the ESG department. Together, they oversee the involvement of various company departments and are tasked with advocating, assessing, and reporting on the implementation of the Human Rights Policy at both local and global levels. The report related to the Human Rights Due Diligence and Assessment Process is available on the corporate website.
Report Date: 4Q2024Relevance: 90%
- Provide the percentage of employees entitled to take family-related leave as per Disclosure Requirement S1-15 concerning work-life balance metrics, in accordance with paragraph 91.
-
Question Id: S1-15_01
Cellnex ensures that its employees are covered by social protection against income loss due to major life events such as illness, job loss, maternity, and retirement. In addition to the statutory protections in each country, the corporation provides enhanced benefits, including supplementary medical leave, 100% maternity/paternity leave coverage, and loss of earnings insurance. These protections are guaranteed through national social security systems and, where applicable, additional company-level benefits that go beyond legal requirements, ensuring comprehensive coverage for all employees across the European Economic Area (EEA).
Report Date: 4Q2024Relevance: 50%