Cellnex
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph AR 15
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- Does the undertaking disclose the process for setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities, specifically detailing whether and how direct engagement with workers in the value chain, their legitimate representatives, or credible proxies with insight into their situation, was conducted? Additionally, when disclosing the embedding of external-facing policies related to value chain workers, does the undertaking consider internal policies of responsible sourcing and alignment with other relevant policies, such as those addressing forced labour? Furthermore, does the summary of supplier codes of conduct indicate whether they include provisions addressing worker safety, precarious work, human trafficking, forced labour, or child labour, and confirm that these provisions are fully in line with applicable ILO standards?
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Question Id: S2-1_07
Cellnex actively engages with value chain workers through regular assessments and audits, enhancing transparency and accountability. The company implements grievance mechanisms and remediation processes to address potential human rights violations, ensuring all workers are protected and have accessible avenues for remedy when their rights are impacted. Cellnex conducts annual Human Rights Due Diligence exercises, identifying key actual and potential impacts across its value chain, following frameworks set by the OECD and UN, and prioritising ethical practices and stakeholder well-being. Cellnex has a Code of Conduct of Suppliers which includes as a requirement compliance with human rights in the supply chain and compliance with health and safety requirements in the value chain.
Report Date: 4Q2024Relevance: 80%
- What are the intended outcomes that your organization aims to achieve in the lives of value chain workers, as part of the targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities? Please provide a detailed account of the process for setting these targets, including any direct engagement with value chain workers, their legitimate representatives, or credible proxies with insight into their situation.
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Question Id: S2-5_04
Cellnex sets specific targets to manage material impacts, risks, and opportunities related to value chain workers, establishing targets at the group level while enabling countries to contribute, participate in their achievement, and complement them with local targets. Given the potential risks—such as incidents in telecommunications centers or non-compliance with health and safety regulations in facilities or products/services, which could significantly impact individual safety, operational continuity, and the company’s reputation—the following targets provide a detailed overview of the specific objectives set to address these challenges:
- Target HS001: set, monitor and evaluate threshold limits and objectives for accidents.
- Target HS002: plan and execute an annual programme of safety inspections and OHS consequence management.
- Target HS003: ensure integration of H&S requirements into access management processes, including Corporate & local requirements.
- Target HS004: H&S risks management in the supply chain: Require critical suppliers to know and adhere to Cellnex’s OHS requirements in procurement processes.
Report Date: 4Q2024Relevance: 65%