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%
- Provide a detailed account of whether and how your organization incorporates the perspectives of its workforce in decision-making processes concerning the management of actual and potential impacts on your workforce. Include, if applicable, a description of any Global Framework Agreement or other agreements with workers' representatives that pertain to the respect of human rights within your workforce. Additionally, explain how such agreements facilitate your organization in understanding the perspectives of your workforce.
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Question Id: S1-2_05
Cellnex incorporates the perspectives of its workforce in decision-making processes through the Employee Engagement Pulse survey, which is conducted at least once a year. This survey helps the company actively listen to its employees regarding engagement levels, purpose, and values. The People Global Director oversees this process, ensuring that the outcomes are incorporated into the company’s strategy. Additionally, Cellnex demonstrates its commitment to workers’ human rights through the implementation of policies and agreements. These agreements ensure the respect and protection of these rights across its operations and provide structured channels for ongoing dialogue with employees, allowing the company to gain valuable insights into their perspectives. By collaboration with trade unions and other stakeholders, Cellnex ensures that these agreements inform decision-making processes and drive actions to safeguard workers’ human rights throughout its workforce.
Report Date: 4Q2024Relevance: 90%