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.

Question

Accepted Answer

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.

Cellnex

ESRS disclosure: S2-5_05

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