Cellnex
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph 18
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- Does the undertaking's policy concerning value chain workers explicitly address issues of trafficking in human beings, forced or compulsory labour, and child labour? Additionally, does the undertaking maintain a supplier code of conduct?
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Question Id: S2-1_05
Cellnex firmly opposes trafficking in human beings, forced or compulsory labour, and child labour through its policies related to value chain workers which are reviewed and updated annually. In 2024, Cellnex updated its Statement on Modern Slavery and Human Trafficking, which declares that the group unequivocally denounces all forms of exploitative and abusive practices, including child labour, and affirms its unwavering commitment to preventing such practices within its sphere of influence and across its supply chain. Cellnex also conducts human rights-specific training (1,766 hours in 2024) aimed at educating the group's employees on human rights policies and procedures. 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: 90%
- Does the undertaking's policy concerning value chain workers explicitly address issues such as trafficking in human beings, forced or compulsory labor, and child labor? Additionally, does the undertaking have a supplier code of conduct?
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Question Id: S2-1_06
Cellnex firmly opposes trafficking in human beings, forced or compulsory labour, and child labour through its policies related to value chain workers which are reviewed and updated annually. In 2024, Cellnex updated its Statement on Modern Slavery and Human Trafficking, which declares that the group unequivocally denounces all forms of exploitative and abusive practices, including child labour, and affirms its unwavering commitment to preventing such practices within its sphere of influence and across its supply chain. Cellnex also conducts human rights-specific training (1,766 hours in 2024) aimed at educating the group's employees on human rights policies and procedures. 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: 95%
- Provide a detailed account of the processes employed in setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities. Include an explanation of whether and how direct engagement with workers in the value chain, their legitimate representatives, or credible proxies was conducted. Additionally, disclose the stability of these targets over time, specifically in terms of definitions and methodologies, to ensure comparability.
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Question Id: S2-5_05
Through regular meetings between H&S areas and workers’ representatives, Cellnex has mechanisms to engage value chain workers, their legitimate representatives, or credible proxies in the processes of setting targets, tracking performance, and identifying lessons for improvement. The disclosures related to these engagements are as follows:
Engagement in Setting Targets: Cellnex actively involves value chain workers and their representatives in the target-setting process. This includes discussions on health and safety priorities and the identification of key performance indicators (KPIs) that reflect the concerns and needs of workers.
Engagement in Tracking Performance Against Targets, regular Reporting: Workers’ representatives are informed about performance results through regular updates and reports, allowing them to track the effectiveness of implemented measures and the achievement of set targets.
Engagement in Identifying Lessons or Improvements: after performance evaluations, the company holds sessions where workers’ representatives can discuss outcomes and suggest enhancements based on their experiences. This process allows for continuous improvement in health and safety practices, ensuring that worker insights are integrated into future strategies.
Report Date: 4Q2024Relevance: 85%