Cellnex
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 20c
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- Provide a detailed description of your company's human rights policy commitments relevant to your own workforce. Include an explanation of the processes and mechanisms in place to ensure compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, and the OECD Guidelines for Multinational Enterprises. Focus specifically on material matters and outline your general approach to implementing measures that provide and/or enable remedy for human rights impacts.
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Question Id: S1-1_06
Cellnex is deeply committed to upholding human rights across all operations. The company’s Human Rights Policy is designed to ensure that all employees are treated with dignity and respect, and that their fundamental rights are protected. The Human Rights Policy applies to all of Cellnex's global operations. It covers all activities within the company’s value chain - both upstream and downstream- across diverse geographies. The policy is designed to safeguard the human rights of all stakeholders, including employees, contractors, and local communities impacted by the company’s operations. Cellnex commits to respecting the UN Guiding Principles on Business and Human Rights and the UN Global Compact through the implementation of its Human Rights Policy. These frameworks guide the company in aligning its practices with international human rights standards and expectations. The Human Rights Policy is published on the Cellnex website, making it accessible to all employees and external stakeholders. Cellnex ensures effective communication through both internal and external channels, engaging stakeholders and promoting awareness and understanding of the policy. Human Rights Due Diligence: as part of the company’s commitment to embrace, support, and respect human rights within its sphere of influence, Cellnex integrates core values in the areas of human rights, labour standards, environment, and anti-corruption into its operations. This is documented in the company’s Human Rights Policy. Cellnex voluntarily conducts an annual Human Rights Due Diligence exercise, which helps the organisation proactively identify and address any potential human rights issues. Integration with other policies: the Human Rights Policy is aligned with and complementary to other internal policies and regulations at Cellnex, such as the Environmental, Social and Governance (ESG) Policy, the Equity, Diversity and Inclusion (EDI) Policy, the Supplier Code of Conduct, the Code of Ethics, the Policy for the Whistleblowing Channel, the Anti-Bribery, Gifts and Hospitality Policy, and the Corruption Prevention Procedure. This holistic approach ensures that human rights considerations are embedded in all aspects of business operations. Such integration not only demonstrates Cellnex’s commitment to ethical business practices but also cultivates a culture of accountability and transparency—key elements in navigating the complex landscape of human rights considerations. Risk assessment and management: to have a more holistic understanding of the company’s adverse impacts, Cellnex assesses human rights risks based on its business relationships along its value chain and how the company relates to its stakeholders. This proactive approach allows Cellnex to identify and mitigate potential risks effectively.
Report Date: 4Q2024Relevance: 85%
- Provide a detailed breakdown of the gender pay gap, as specified in Disclosure Requirement S1-16, by employee category and/or by country/segment. Additionally, disclose the gender pay gap between employees by categories, distinguishing between ordinary basic salary and complementary or variable components.
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Question Id: S1-16_04
Gender Pay Gap by Country
Country Median Average France 13% 17% Italy 19% 28% UK 13% 13% Spain -6% 5% Poland 7% 13% Netherlands 17% 2% Portugal 11% 32% Switzerland 17% 20% Denmark 10% 20% Sweden 21% 19% Ireland 6% 14% Austria — — Total -0.6% 9% Average Remuneration by Gender and Professional Category
Gender Category Senior Management Directors Managers Coordinators/Other professionals Men Base salary 309,682 169,912 90,405 50,036 Base salary + Other incentives 594,198 238,035 109,143 54,787 Women Base salary (*) 154,555 83,608 49,058 Base salary + Other incentives (*) 211,023 99,913 54,107 (*) Due to confidentiality issues, the average remuneration data is not reported for these categories.
Report Date: 4Q2024Relevance: 85%