Cellnex among the world’s leading telecommunications companies in sustainability

Cellnex, the main European operator of wireless communications infrastructure, continues to make strides in its commitment to environmental, social and good governance (ESG) matters. According to its Integrated Annual Report, during 2022 the operator met the objectives set in its ESG Master Plan for 2021-2025, whose level of performance was 100% progress in planning and 93% progress in implementation of the actions defined for 2022.

Cellnex is constantly improving its rating in the sustainability indices. In 2022, it has positioned itself as one of the five leading global telecommunications companies in sustainability, ranking fifth in the Sustainalytics  – ESG Risk Rating and positioning itself as one of the companies with the lowest global ESG risk in its sector. The company is also part of the main sustainability ratings and indices, such as CDP, FTSE4Good, MSCI, and in the S&P Global Corporate Sustainability Assessment, in which it was recognised as an “Industry Mover” in the  Sustainability Yearbook 2023.

Cellnex continues to consolidate its decarbonisation plan in order to become carbon-neutral by 2035 and to reach the net zero emissions target by 2050. To achieve this, it performs a periodic analysis and monitoring of the approved science-based targets (SBT) for reduction, achieving a very satisfactory degree of compliance. Carbon footprint reduction (scope 1, 2 and 3) currently stands at almost 50%