Cellnex
ESRS disclosure: ESRS S1 \ DR S1-1 \ Paragraph 24a
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- Does the undertaking have specific policies aimed at the elimination of discrimination, including harassment, promoting equal opportunities, and other methods to advance diversity and inclusion?
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Question Id: S1-1_10
Cellnex is deeply committed to promoting diversity and inclusion across all aspects of its operations. To ensure a fair, inclusive, and respectful environment, Cellnex has established comprehensive policies designed to eliminate discrimination, including harassment, and to promote equal opportunities for all employees. These policies are embedded in the company’s Whistleblowing Channel, Human Rights policies, and Equity, Diversity, and Inclusion (EDI) policy, which explicitly aim to prevent discrimination and foster an inclusive workplace culture. In alignment with these policies, Cellnex continuously implements initiatives that promote diversity and inclusion, ensuring that all employees, regardless of their background, feel valued and respected.
Report Date: 4Q2024Relevance: 95%
- Provide a detailed account of the process your organization employs in setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities. Specifically, disclose whether and how your organization engaged directly with its own workforce or workers' representatives during the target-setting process.
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Question Id: S1-5_01
Within the Holistic Performance Management (HPM) framework, Group and Country targets are established by the company, while employees entitled to individual targets propose their own annual goals, ensuring alignment with corporate objectives. These individual targets must be reviewed and approved by the direct supervisor, creating a structured yet participatory approach to goal-setting.
To track performance, employees are encouraged to monitor their progress throughout the year, with a mandatory mid-year review (July or August) and a final goal evaluation at year-end. The entire process is facilitated through 'The Hub', a digital platform that enables transparent tracking of all performance objectives.
For continuous improvement, the company conducts an annual Pulse survey, inviting employees to provide feedback, including through open-ended questions. Insights from these surveys, along with performance review outcomes, are analyzed to refine target-setting practices and performance management strategies, ensuring that lessons learned contribute to ongoing improvements.
Report Date: 4Q2024Relevance: 85%