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%
- Has the undertaking evaluated the effectiveness of its processes for engaging with its own workforce from previous reporting periods, particularly in relation to severe human rights incidents such as forced labor, human trafficking, or child labor? If so, provide detailed information on the methods used for this assessment, including any internal or external audits, impact assessments, stakeholder feedback, grievance mechanisms, external performance ratings, or benchmarking activities conducted during the current reporting period.
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Question Id: S1-2_15
Cellnex employs a variety of mechanisms to assess the effectiveness of its engagement with the workforce, ensuring continuous improvement and adaptation of its strategies. These include: Pulse surveys: conducted annually across different countries (e.g., France, Italy, UK, Netherlands, Portugal, Switzerland), these surveys are a key tool for gauging employee engagement and collecting feedback on areas such as workload, safety, job satisfaction, and diversity. Participation rates and survey outcomes are regularly reviewed, and action plans are developed to address identified improvement areas. In some regions (e.g., Denmark, Sweden, Portugal), the results are compared against benchmarks to ensure effective engagement and track progress.
Report Date: 4Q2024Relevance: 65%