Cellnex recognised by CDP as Supplier Engagement Leader for the third consecutive year

The organisation recognises the Company’s commitment to sustainability and its leadership and involvement of its suppliers in the fight against climate change.

Barcelona, 8 March 2024.- Cellnex has been recognised by CDP for the third consecutive year as “Supplier Engagement Leader” for its leadership and involvement with suppliers in the fight against climate change, as well as for its efforts to measure and reduce the environmental impact in the supply chain. CDP is a non-profit organisation that manages a global disclosure system for investors, companies, cities, states and regions to manage their impact on the environment.

Cellnex’s commitment to sustainability and its efforts to measure and reduce climate risk within its supply chain has materialised during 2023 through a project to accompany and assist different suppliers in calculating their carbon footprint. Cellnex has invited a significant number of its suppliers, which represent 72% of the company’s purchasing volume, to answer the CDP questionnaire in 2023. The response rate of these suppliers was 78%, above the average obtained by CDP members, which is 63%. Of the 359 suppliers invited to answer the survey in 2023, 54% received personalised support, which enabled 46 of them to calculate and report their carbon footprint.

Àngels Ucero, Director of Sustainability at Cellnex pointed out that “once again this year this recognition shows Cellnex’s commitment to the development and implementation of good practices in environmental matters and the fight against climate change in the value chain. Together with the support of the company’s purchasing area, year after year we manage to increase the participation of suppliers, as well as the quality of the responses”.

Simon Fischweicher, Director of Supply Chain ad Reporter Services, CDP, said “it is a pleasure to welcome the 450+ companies that have made it onto CDP’s 2023 Supplier Engagement Leaderboard. The Leaderboard highlights companies proactively working with their suppliers to ensure climate change action cascades down their supply chains through supplier engagement, governance, Scope 3 emissions accounting and target-setting. “As a Supplier Engagement Leader, Cellnex is demonstrating supply chain leadership, a prerequisite for the transition towards a net-zero, nature-positive future”.

Cellnex has also once again been recognised by CDP for its transparency and commitment to climate change, consolidating its place on the “A List” for the fifth consecutive year.

The complete list of companies that earned a place on this year’s leaderboard can be found at the following link: https://www.cdp.net/en/supply-chain/supplier-engagement-rating

About CDP

CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions.

Founded in 2000 and working with more than 740 financial institutions with over $136 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 24,000 organizations around the world disclosed data through CDP in 2023, with more than 23,000 companies – including listed companies worth two thirds global market capitalization – and over 1,100 cities, states and regions.

Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative.

For more information: https://www.cdp.net/

About Cellnex Telecom

Cellnex is Europe’s largest independent operator of wireless telecommunications infrastructure,  providing telecom operators access to a wide network of telecommunications infrastructure on a shared-use basis, contributing to reduce access barriers and improving services in the most remote areas.  The company manages a portfolio of 138,000 sites, including planned rollouts up to 2030, across 12 European countries, with significant presence in Spain, France, the United Kingdom, Italy, and Poland. Listed on the Spanish stock exchange, Cellnex is a constituent of the IBEX 35 and EuroStoxx 100 indices and holds relevant positions in major sustainability indexes, including CDP, Sustainalytics, FTSE4Good, MSCI and DJSI Europe.