Cellnex
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 21
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- 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.
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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%
- Does the undertaking assign responsibility at the top management level for ensuring equal treatment and opportunities in employment, establish clear company-wide policies and procedures to guide equal employment practices, and link advancement to desired performance in this area?
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Question Id: S1-1_16
The People Group holds the highest level of accountability for the implementation of the Talent Management Model. This team ensures that the model is integrated into Cellnex’s talent development strategies and aligns with the company’s broader objectives related to employee growth, equity, and organisational success. The Talent Management Model aligns with Cellnex’s commitments to Equity, Diversity, and Inclusion (ED&I). The company is dedicated to implementing practices that support these values, ensuring that all employees, regardless of background, have equal opportunities for development and advancement. The model is communicated through internal channels and is made available to all employees within the organisation. Cellnex ensures that all stakeholders are well-informed about the opportunities and objectives of the Talent Management Model, fostering a culture of engagement and understanding within the company.
Report Date: 4Q2024Relevance: 85%