Cellnex
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 23
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- Does the undertaking have a workplace accident prevention policy or management system in place?
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Question Id: S1-1_09
Cellnex has fostered a Safety Culture grounded in its core values across all the countries where it operates. Occupational Health and Safety (OHS) aspects are integrated into the strategy and guiding principles outlined in the organisation’s global Health and Safety (H&S) policy. It is worth noting that Cellnex is currently updating this policy, aligning it with the new CSRD regulation, which is set to be approved in 2025. The Health and Safety Policy covers all Cellnex Group companies, focusing on sensitive workers across the entire value chain, including upstream and downstream activities. It applies to all operational geographies and aims to protect employees, contractors, and other stakeholders from health and safety risks. The Health and Safety Policy is primarily managed by the Health and Safety Department, under the oversight of the Board of Directors. This ensures that the policy is effectively implemented at both operational and strategic levels, with senior leadership holding ultimate accountability for its success.
Report Date: 4Q2024Relevance: 90%
- Provide a detailed account of the measures your organization implements to uphold the human rights of all engaged stakeholders, including but not limited to their rights to privacy, freedom of expression, and peaceful assembly and protest. This should encompass any identified cases of severe human rights incidents such as forced labor, human trafficking, or child labor, as well as the processes for engaging with your workforce and their representatives on these impacts.
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Question Id: S1-2_14
Cellnex is committed to fostering an environment where employees feel valued and supported. This commitment is reinforced by continuous engagement through various channels and initiatives aimed at maintaining a healthy and productive workplace. Cellnex promotes employee well-being through a structured Well-being Model that addresses five dimensions: physical, emotional, intellectual, financial and social health. Its action plan relies on active listening to employee feedback, implementing standardised global initiatives while adapting to local needs. Measures include programmes to minimise physical and psychological risks, improve work-life balance, and ensure the right to disconnect. Over 23 global initiatives complement local efforts, including campaigns, webinars, and workshops. Pulse surveys and well-being initiatives: regular Pulse surveys enable Cellnex to track employee satisfaction and well-being, identifying potential areas of concern early. The questionnaire includes questions on engagement, job satisfaction, sustainability and well-being, purpose and values, happiness and other aspects such as commitment, intrapreneurship, integrity or inclusion. Based on these insights, Cellnex implements targeted actions to improve work-life balance and reduce stress, ensuring employees are supported in all aspects of their professional lives. The company’s Well-being@PEOPLE Action Plan focuses on enhancing mental and physical health across the organisation.
Report Date: 4Q2024Relevance: 50%