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 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%