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  • 11 Dec 2023
  • ·
  • Sustainability

Cellnex included in the Dow Jones European Sustainability Index (DJSI Europe)

It is the first and only telecommunications infrastructure operator present in any of the components of this global ESG benchmark index. Only 10% of companies from each sector that participate in the analysis are chosen to be part of the index

Barcelona, 11 December 2023.- S&P Global has recognised Cellnex as one of the main companies in the telecommunications sector in terms of sustainability, and has included it for the first time in the Dow Jones Sustainability Index Europe (DJSI Europe), the European and global reference index whose annual composition was made public on 8 December 2023. Only five companies in the telecommunications sector have been included this year in DJSI Europe: Deutsche Telekom, KPN, Telecom Italia, Telefónica and Cellnex.

Cellnex has become the first and only telecommunications infrastructure operator in the index, not only in Europe, but also at global level. The company achieved 91 points in the environmental dimension –the best company in the sector in this area–, 78 in the social dimension and 75 points in the economic and corporate governance dimension.

Marco Patuano, CEO of Cellnex stated: “this is a major achievement for Cellnex and its sustainability policy and execution. For first time since we went public back in 2015, the company has been recognized as a brand new member of DJSI Europe. This positions Cellnex within the premier league among Sustainability best performers in Europe and is a direct outcome of the consistent and committed teamwork in the different areas of our group who are implementing and deploying our ESG Master Plan.”

This year, more than 13,000 companies were invited to participate in the S&P Global Corporate Sustainability Assessment (CSA). More than 3,400 companies responded to a questionnaire with over a hundred questions on environmental, social and governance (ESG) matters. S&P analyses companies’ public and non-public data to measure their performance.

Only 10% of companies from each sector with the best score in this analysis are chosen to be part of the index. The evaluation by rating agency S&P determines whether companies are included in this Dow Jones Sustainability Index, which will make its new composition effective on 18 December.

Alongside DJSI Europe, Cellnex is also part of the main international sustainability indices, including CDP, Sustainalytics, FTSE4Good and MSCI. The company is also part of the Bloomberg Gender Equality Index.

Being selected for, and staying in, these indices depends on companies proving constant progress and influences their eligibility in investment portfolios, which give increasing importance to the non-financial factors of the companies.

S&P Dow Jones Indices

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit: www.spdji.com

 

About Cellnex Telecom

The efficient deployment of next-generation connectivity is essential to drive technological innovation and accelerate inclusive economic growth. Cellnex 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 around 135,000 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: telecommunications infrastructure 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, Sustainalytics, FTSE4Good and MSCI.

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