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 process your organization employs to establish targets aimed at managing material negative impacts, advancing positive impacts, and addressing material risks and opportunities. Specify whether and how your organization engaged directly with workers in the value chain, their legitimate representatives, or credible proxies with insight into their situation. Additionally, disclose the standards or commitments upon which these targets are based, such as codes of conduct, sourcing policies, global frameworks, or industry codes, in accordance with Disclosure Requirement S2-5.
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Question Id: S2-5_06
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%