Cellnex
ESRS disclosure: ESRS S2 \ DR S2-1 \ Paragraph 19
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- Provide a detailed account of whether and how your company's policies concerning value chain workers align with internationally recognized instruments pertinent to value chain workers, such as the United Nations Guiding Principles on Business and Human Rights. Additionally, disclose the extent to which any instances of non-compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, or the OECD Guidelines for Multinational Enterprises have been reported within your upstream and downstream value chain. If applicable, include an indication of the nature of such cases.
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Question Id: S2-1_08
Cellnex's policies aim to ensure the respect and protection of human rights, aligning with international standards such as the UN Guiding Principles on Business and Human Rights, ILO conventions, and OECD Guidelines. Cellnex has not publicly disclosed specific instances of non-compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, or the OECD Guidelines for Multinational Enterprises involving value chain workers. However, the company underscores its commitment to transparency and accountability by maintaining a Whistleblowing Channel, which enables the reporting of any suspected human rights infringements.
Report Date: 4Q2024Relevance: 80%
- Provide a detailed account of whether and how your company's policies concerning value chain workers align with internationally recognized standards, specifically the United Nations Guiding Principles on Business and Human Rights. Additionally, disclose the extent to which any instances of non-compliance with these principles, the ILO Declaration on Fundamental Principles and Rights at Work, or the OECD Guidelines for Multinational Enterprises have been identified within your upstream and downstream value chain. If applicable, include an indication of the nature of such cases.
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Question Id: S2-1_09
Cellnex's policies aim to ensure the respect and protection of human rights, aligning with international standards such as the UN Guiding Principles on Business and Human Rights, ILO conventions, and OECD Guidelines. Cellnex has not publicly disclosed specific instances of non-compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, or the OECD Guidelines for Multinational Enterprises involving value chain workers. However, the company underscores its commitment to transparency and accountability by maintaining a Whistleblowing Channel, which enables the reporting of any suspected human rights infringements.
Report Date: 4Q2024Relevance: 70%
- 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%