Cellnex
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph AR 12
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- Provide a detailed explanation of any significant changes to the policies adopted during the reporting year, specifically in relation to Disclosure Requirement S2-5. This should include the process for setting targets concerning the management of material negative impacts, the advancement of positive impacts, and the management of material risks and opportunities. Additionally, clarify whether and how the undertaking engaged directly with workers in the value chain, their legitimate representatives, or credible proxies with insight into their situation, as outlined in Disclosure Requirement S2-1. Include any new expectations for suppliers or new approaches to due diligence and remedy.
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Question Id: S2-1_10
Cellnex integrates the human rights perspective into its operations to manage adverse impacts, and implements cross-cutting and specific action plans to prevent, manage risks and remedy impacts identified in the Due Diligence process. Cellnex has various channels for workers in the value chain to raise their concerns and perspectives, nevertheless, over the next year, the feasibility of having a general global process for structural interaction with value chain workers will be analysed, so that the way in which the perspectives of value chain workers are collected can be standardised in all the geographical areas in which Cellnex operates, and so that the knowledge and trust of the channels can be evaluated. Cellnex has a specific channel that serves the purpose as a communication medium in which workers in the value chain can raise their concerns directly to Cellnex and have them addressed. This channel is called the Whistleblowing Channel.
Report Date: 4Q2024Relevance: 65%
- Provide a detailed account of whether and how the perspectives of value chain workers are integrated into your decision-making processes or activities concerning the management of actual and potential impacts on these workers. Include an explanation of how the effectiveness of your engagement with value chain workers is assessed, specifying any relevant agreements or outcomes that have been achieved.
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Question Id: S2-2_06
The company evaluates the effectiveness of its collaboration with workers in the value chain through the evaluation of supplier performance, all purchasing areas can assess the quality of collaboration as well as compliance with established ESG requirements. Cellnex sets out in its Integrated Annual Report its supplier relationship model in the section 4.1.2.2 Management of relationship with suppliers, which is based on a collaborative approach between the requesting departments and the procurement team.
Report Date: 4Q2024Relevance: 60%