Sustainability
At Cellnex we integrate ESG (Environmental, Social and Governance) aspects into our strategy, measuring and managing the impacts we generate on society and the environment in an efficient and responsible manner.
Our value creation model, based on the ESG Policy, is materialised through the 2021-2025 ESG Master Plan that sets out the roadmap to be followed.
By establishing objectives and commitments, we aspire to continue improving Cellnex’s sustainability performance while extending our commitment throughout our value chain and with our stakeholders.
ESG MASTER PLAN 2021-2025
The ESG Master Plan (2021-2025) integrates ethical and good governance, social and environmental initiatives aligned with the Sustainable Development Goals (SDG), in accordance with international standards and the latest trends in sustainability with commitments and objectives in accordance with the expectations of all our stakeholders, identified from an internal and external diagnosis.
Strategic Axes
Strategic lines
Ensure that all employees in the company are aware of the ESG Master Plan
Promote and communicate the ESG strategy within the Group.
Related SDGs
Strategic lines
Manage the risks and opportunities of our activity.
Act ethically, respecting compliance and regulatory standards.
Create solid relationships with our stakeholders and alliances with third parties.
Related SDGs
Strategic lines
Create a common corporate culture among the group.
Define and implement our equity, diversity and inclusion programme.
Promote and foster talent attraction and retention.
Respect the health and safety of our employees at their workplace.
Related SDGs
Strategic lines
Participate and collaborate in social contribution initiatives.
Measure and manage our impact on society.
Related SDGs
Strategic lines
Plan and manage our sustainability strategy.
Mitigate our impact and create an adaptation plan to climate change.
Manage responsibly and circularly the use of resources within the group.
Respect and minimise our impact on natural spaces and biodiversity.
Related SDGs
Strategic lines
Extend our commitment to suppliers.
Extend our commitment to customers.
Related SDGs
Strategic lines
Ensure that all employees in the company are aware of the ESG Master Plan
Promote and communicate the ESG strategy within the Group.
Related SDGs
Strategic lines
Manage the risks and opportunities of our activity.
Act ethically, respecting compliance and regulatory standards.
Create solid relationships with our stakeholders and alliances with third parties.
Related SDGs
Strategic lines
Create a common corporate culture among the group.
Define and implement our equity, diversity and inclusion programme.
Promote and foster talent attraction and retention.
Respect the health and safety of our employees at their workplace.
Related SDGs
Strategic lines
Participate and collaborate in social contribution initiatives.
Measure and manage our impact on society.
Related SDGs
Strategic lines
Plan and manage our sustainability strategy.
Mitigate our impact and create an adaptation plan to climate change.
Manage responsibly and circularly the use of resources within the group.
Respect and minimise our impact on natural spaces and biodiversity.
Related SDGs
Strategic lines
Extend our commitment to suppliers.
Extend our commitment to customers.
Related SDGs
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Our commitment to the SDGs
At Cellnex we are committed to achieving the 2030 Agenda and the 17 Sustainable Development Goals (SDGs). Since our beginnings in 2015 we have been part of the United Nations Global Compact as an expression of our commitment to internalising the corporate social responsibility concept into our operational strategy and organisational culture. Each year we publish the Communication on Progress (COP) in accordance with the ten principles of the Global Compact.
Every year we analyse, measure and communicate our commitment to the SDGs that we have identified as priorities. This was our contribution during 2021:
- SDG of High Relevance for the Cellnex Group
- SDG of Medium Relevance for the Cellnex Group
- Third edition of the “Youth Challenge” programme. The Cellnex Foundation’s programme to improve the skills of young people
- Launch of the Young Talent Programme
- Creation of the Cellnex “Talent Factory”
- Second edition of the Cellnex MBA
- Career Development Assessment Framework (CDA) and 360º assessments
- Cellnex Group’s Equity, Diversity and Inclusion (EDI) Policy and Programme (2019-2022): 90 actions derived from 20 commitments and 35 strategic lines, with specific KPIs and objectives
- Identification of EDI champions in countries
- Participation in Global Compact’s Target Gender Equality programme
- Equality Plan and Harassment and Discrimination Protocol
- Continued implementation of regulations that ensure decent working conditions in the Cellnex Group: Due diligence in Human Rights, ESG Policy, Health and Safety Policy, Code of Ethics, Equity, Diversity and Inclusion Policy and Code of Conduct for suppliers
- Study of the socioeconomic contribution of Cellnex
- Cellnex Bridge Programme, of the Cellnex Foundation, for the acceleration of social impact startups
- Deployment of 5G to facilitate the development of sustainable and resilient telecommunications infrastructures
- Development of innovation projects to facilitate connectivity
- Programmes of the Cellnex Foundation to bridge the digital, social and territorial divide
- Strategic Sustainability Plan (2019-2023)
- Analysis of climate change scenarios in all countries, following the recommendations of the “Task Force on Climate-related Financial Disclosures (TCFD)
- Establishment od specific targets and milestones for emissions reduction validated by the Science Based Targets initative (SBTi)
- Social projects and volunteer programmes through the Cellnex Foundation
- Contribution to the different corporate responsibility initiatives aligned with the ESG Master Plan
- Financial contribution through donations
- Study of the socioeconomic contribution of Cellnex
- Social projects and volunteer programmes through the Cellnex Foundation to guarantee equal opportunities
- Actions linked to the ESG Master Plan
- Cellnex Group Equity, Diversity and Inclusion Programme (2019-2022)
- Strategic Sustainability Plan (2019-2023)
- DaMA Project (Spain) and DaNa (rest of countries). Identification of sites in protected areas and associated regulations
- Projects for the protection of biodiversity and sustainable management of ecosystems
- Social projects and volunteer programmes through the Cellnex Foundation
- Projects and collaborations with third social sector entities
- Participation of Cellnex in sector associations
- Creation of synergies through the Cellnex Foundation
- Two-way communication with the different Stakeholders
Integrated Annual Report 2021
Discover through the Integrated Annual Report our strategic vision, milestones and developments in 2021
Transparency and sustainability indices
Members of the climate change “A List”. Consolidating ourselves in the Leadership category for the second year in a row. A higher-than-average score for the sector, placing us among the 20% of companies that reached Leadership level in the activity group.
CDP (Carbon Disclosure Project)
CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. The world’s economy looks to CDP as the gold standard of environmental reporting with the richest and most comprehensive dataset on corporate and city action.
Consolidated as a low ESG Risk company, placed in the top eight leading companies in the telecommunications sector.
Sustainalytics - STOXX Global ESG Leaders
Sustainalytics, a Morningstar Company, is a leading Environmental, Social and Governance (ESG) research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies.
Cellnex stands out for its leadership in Corporate Governance within the telecommunications services, upgrading its score from BBB to A.
MSCI
MSCI is a leading provider of critical decision support tools and services for the global investment community. MSCI ESG Research provides MSCI ESG ratings on global listed companies, and some unlisted companies, on a scale from AAA (leader) to CCC (laggard), based on exposure to industry-specific ESG risks and how well they manage those risks relative to peers.
We have been part of this index since 2017, in which our score is above the average for the telecommunications sector and the mobile telecommunications sub-sector.
FTSE4Good
The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. Transparent management and clearly-defined ESG criteria make FTSE4Good indexes suitable tools to be used by a wide variety of market participants when creating or assessing sustainable investment products.
Participating in the DJSI index as guest company in both for DJSI World and DJSI Europe, Cellnex continues improving its overall Corporate Sustainability Asessment (CSA) score on an annual basis and placing the company above the industry average.
Dow Jones Sustainability Index
The Dow Jones Sustainability Indices (DJSI) are a family of best-in-class benchmarks for investors who have recognized that sustainable business practices are critical to generating long-term shareholder value and who wish to reflect their sustainability convictions in their investment portfolios.
Since 2019, GRESB has evaluated Cellnex within the Infrastructure Public Disclosure. In 2020, we were recognised as leaders in comparison to the rest of the competitors in the sector.
GRESB
GRESB is a mission-driven and industry-led organization providing standardized and validated Environmental, Social and Governance (ESG) data to financial markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world, used by 140 institutional and financial investors to inform decision-making.
Marieta del Rivero
_Board of director
Toni Brunet
_Global Corporate & Public Affairs Director
Cellnex Foundation
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