2021 Integrated Annual Report
Integrating for Growth
ES

Responsible environmental management

In 2021, the Cellnex Board of Directors approved the Group's Environmental, Social and Governance (ESG) Policy and the Environment and Climate Change Policy.

In 2021, the Cellnex Board of Directors approved the Group's Environmental, Social and Governance (ESG) Policy and the Environment and Climate Change Policy. Both policies outline Cellnex's commitment to the application of best practices in the countries where the Group operates and are based on international benchmark standards.

In addition, the provisions of the Company's Management System and the requirements of the ISO standards in which the Company holds certifications related to the environment and climate change are also taken into consideration within the framework of the Environment and Climate Change Policy.

Three basic principles are established within Cellnex's Environmental, Social and Governance Policy (ESG), which are transversally applicable to all lines of action and commitments. One of these principles is the Environment and Climate Change: the protection and conservation of the environment, preserving the areas in which the Company's activities are undertaken and their biodiversity, through the use of renewable energies, mitigating and adapting to climate change, and contributing to sustainable development through the efficient use of resources.

Cellnex Group follows the basic principles of the ESG Policy, to define the strategic lines of action, which include that of Sustainable Development. Growing with a long-term sustainable environmental proposal", which is aligned with the objectives and targets of Sustainable Development Goals numbers 3, 9, and 15.

In this regard, the environment and combating climate change are a strategic priority and a cross-cutting commitment that must be present in each of the actions and activities carried out by Cellnex Group. The commitment to the creation of sustainable value distributed to stakeholders is part of the Company's business model.

Strategic Sustainability Plan (2019-2023)
aims to raise Cellnex's level of responsibility in the field of the environment and the fight against climate change.

The Environmental and Climate Change Policy highlights Cellnex's efforts in the area of sustainability to ensure that each of its projects and actions takes into consideration the balance between generating profitability and social and environmental development, and also promotes the creation of sustained value in the short, medium and long term for all of the Company's stakeholders, while demonstrating its commitment to reducing the effects of its activities on the environment. 

As such, the Company works to make progress in the responsible management of  resources and to protect natural spaces and biodiversity, as well as to comply with and respect due diligence and environmental legislation. It is also committed to promoting efficient energy management and responsible and circular resource management, as well as incorporating measures to promote sustainable and safe mobility. In this regard, in 2021 there have been no environmental incidents that have incurred fines or sanctions.

The Strategic Sustainability Plan (2019-2023), which stems from these commitments, aims to raise Cellnex's level of responsibility in the field of the environment and combating climate change. The strategy and global objectives of the Plan are presented below.

In addition, in 2021 a number of environmental awareness actions have been carried out, both internally and externally. Some of these actions are the following:

  • Carbon Footprint Verification 2021
  • CDP Europe 2021 Awards
  • Earth Hour
  • Science Based Target initiative
  • World Environment Day
  • European Mobility Week
  • UN Climate Change Conference COP26
  • CDP Climate Change

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