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  • 18 Oct 2022
  • ·
  • Sustainability

Cellnex consolidates its ESG transparency

GRESB Infrastructure Public Disclosure 2022

  • Cellnex has obtained the highest rating in the GRESB Infrastructure Public Disclosure, now ranking as the best valued company in the telecommunications infrastructure sector.
  • The company maintains its global rating at “A”, the highest score in the GRESB index, compared to the industry average, which is level “C”.

Barcelona, 18 October 2022. For the second consecutive year, Cellnex is proving its ongoing commitment to transparency in sustainability issues and now ranks as the best valued company in the telecommunications infrastructure sector in the GRESB Infrastructure Public Disclosure 2022.

Each year, GRESB assesses and benchmarks the ESG performance of assets worldwide, providing clarity and insights to financial markets on complex sustainability topics. Specifically, GRESB Infrastructure Public Disclosure assesses the level, quality, and transparency of ESG indicator disclosures of listed infrastructure companies.

GRESB data is used by hundreds of capital providers and thousands of asset managers to benchmark investments across portfolios and to better understand the opportunities, risks and choices that need to be made as the industry transitions to a more sustainable future.

In 2021, Cellnex reached the first place, becoming the best positioned company in the telecommunications infrastructure ranking, rising from “B” to “A”, the highest level, on an alphabetical scale that goes from E (minimum) to A (maximum). Standing out against the sector average, which is at level “C”. For another year, Cellnex has maintained its quantitative total score of 85 points out of 100.

During this year, Cellnex has managed to maintain high scores in all the categories assessed, boasting the highest score in the dimensions of “Disclosure of Sustainability Implementation ” and “Disclosure in Stakeholder Engagement practices”.

 

About GRESB

GRESB provides standardised and validated environmental, social and governance (ESG) company data to financial markets. Created in 2009, it has become a key ESG benchmark for real estate and infrastructure investments worldwide, used by 140 institutional and financial investors to inform their decision-making. For more information: www.GRESB.com

 

About Cellnex Telecom

The efficient deployment of next-generation connectivity is essential to drive technological innovation and accelerate inclusive economic growth. Cellnex Telecom is the independent wireless telecommunications and broadcasting infrastructures operator that enables operators to access Europe’s most extensive network of advanced telecommunications infrastructures on a shared-use basis, helping to reduce access barriers for new operators and to improve services in the most remote areas.

Cellnex manages a portfolio of more than 138,000 sites – including forecast roll-outs up to 2030 – in Spain, Italy, the Netherlands, France, Switzerland, the United Kingdom, Ireland, Portugal, Austria, Denmark, Sweden and Poland. Cellnex’s business is structured in four major areas: telecommunication infrastructures services; audiovisual broadcasting networks; security and emergency service networks and solutions for smart urban infrastructure and services management (Smart cities and the Internet of Things (IoT)).

The company is listed on the continuous market of the Spanish stock exchange and is part of the selective IBEX 35 and EuroStoxx 100 indices. It is also present in the main sustainability indexes, such as CDP (Carbon Disclosure Project), Sustainalytics, FTSE4Good and MSCI. Cellnex’s reference shareholders include Edizione, GIC, TCI, Blackrock, CPP Investments, CriteriaCaixa and Norges Bank.

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