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ESG Related Documents
Sustainability is part of our DNA as a company. The fundamental pillar is our business model, which focuses on the shared management of telecommunications infrastructures.

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. A mid-term review of the ESG Master Plan was carried out in 2023. The ESG Master Plan now consists of a total of 6 strategic axes, 21 strategic lines and more than 100 actions. The SDGs corresponding to each strategic line have also been updated.

Strategic Axes

Strategic lines

ESG Awareness.

Create strong relationship with our stakeholders and alliances with third parties

Related SDGs

ODS graphic

Strategic lines

Manage the risks and opportunities of our activity.

Act ethically, respecting compliance and regulatory standards.

Cybersecurity & privacy of information.

 

Related SDGs

ODS graphic

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 health and safety and wellbeing of our employees at their workplace.

Related SDGs

ODS graphic

Strategic lines

Participate and collaborate in social contribution initiatives.

Measure and manage our impact on society.

Related SDGs

ODS graphic

Strategic lines

Integrated environment management

Climate Change

Energy management

Water management

Circular Economy

Biodiversity and land use

Infrastructures Environmental impacts

Training, awareness and collaboration with Community

Related SDGs

ODS graphic

Strategic lines

Extend our commitment to suppliers.

Extend our commitment to customers.

Related SDGs

ODS graphic

Strategic lines

ESG Awareness.

Create strong relationship with our stakeholders and alliances with third parties

Related SDGs

ODS graphic

Strategic lines

Manage the risks and opportunities of our activity.

Act ethically, respecting compliance and regulatory standards.

Cybersecurity & privacy of information.

 

Related SDGs

ODS graphic

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 health and safety and wellbeing of our employees at their workplace.

Related SDGs

ODS graphic

Strategic lines

Participate and collaborate in social contribution initiatives.

Measure and manage our impact on society.

Related SDGs

ODS graphic

Strategic lines

Integrated environment management

Climate Change

Energy management

Water management

Circular Economy

Biodiversity and land use

Infrastructures Environmental impacts

Training, awareness and collaboration with Community

Related SDGs

ODS graphic

Strategic lines

Extend our commitment to suppliers.

Extend our commitment to customers.

Related SDGs

ODS graphic

77%

sourcing of renewable electricity in 2022 and target of 100% by 2025

26%

of women in management positions in 2022 and target of 30% by 2025

73%

independent directors in 2022

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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 2022:

  • SDG of High Relevance for the Cellnex Group
  • SDG of Medium Relevance for the Cellnex Group
commitment item image preview
  • Identification and expansion of EDI champions within all the Group.
  • Recognition of Cellnex by Bloomberg Gender-Equality index for its commitment to advancing gender equality in the labour market.
  • Equality Plan and Harassment and Discrimination Protocol.
  • Diversity Charters signed by various Cellnex geographies.
  • Cellnex 's Equity, Diversity and Inclusion plan.
commitment item image preview
  • Company commitments reflected in several policies and documents such as 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.
  • Y-med programme, organized by the International Organization for Migration in Italy.
commitment item image preview
  • Deployment of 5G to facilitate the development of sustainable and resilient telecommunications infrastructures.
  • Augmented 'TowerCo".
  • Development of innovation projects to facilitate connectivity.
  • Programmes of the Cellnex Foundation to bridge the digital, social and territorial divide.
commitment item image preview
  • Publication of the second Environment and Climate Change report.
  • Strategic Sustainability Plan (2019-2023) and its update into the Environment and Climate Change Strategy 2023-2025.
  • Definition of the Cellnex Net Zero Strategy.
  • Analysis of climate change scenarios in all countries, following the recommendations of the "Task Force on Climate-related Financial Disclosures (TCFD)".
  • Establishment of specific targets and milestones for emissions reduction validated by the Science Based Targets initative (SBTi).
  • Development of the Natural Capital project.
  • Development of the Eco-design project.
commitment item image preview
  • Social projects and volunteer programmes through the Cellnex Foundation to guarantee equal opportunities, such as the Youth Challenge project, the Transforming the Future program or the Solidarity Gift initiative.
  • Access to communication projects, such as Get Connected in Ireland, Y-med Program in Italy or UK Community Relations initiative.
  • Cellnex Group Equity, Diversity and Inclusion Programme (2019-2022)
commitment item image preview
  • 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 Stakeholders.
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The sustainability contribution of the European independent TowerCos sector

A report for the European Wireless Infrastructure Association (EWIA)

Quotes

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Cellnex has integrated sustainability into the business, raising to the Board the supervision of the ESG Strategy, through the Nominations, Remunerations and Sustainability Committee, seeking a balance between social, economic and environmental aspects.

Marieta del Rivero

_Board of director

1/2

Quotes

2/2

We cannot understand the day-to-day running of the company and the business, our activity with customers and the supply chain without integrating these principles that modulate the company's impact in the environmental, social and corporate governance fields.

Toni Brunet

_Global Corporate & Public Affairs Director

2/2

Extending our comminment to the value chain

We manage the supply chain in accordance with our industrial model, promoting efficient, innovative, sustainable and quality hiring as a lever to provide optimal service to our customers.

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