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.

Question

Accepted Answer

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.

Cellnex

ESRS disclosure: S2-5_06

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