Cellnex consolidates its ESG transparency

Via Cellnex

Oct 19, 2022

  • Cellnex has obtained the highest rating in the GRESB Infrastructure Public Disclosure, now ranking as the best valued company in the telecommunications infrastructure sector.
  • The company maintains its global rating at “A”, the highest score in the GRESB index, compared to the industry average, which is level “C”.

Barcelona – For the second consecutive year, Cellnex is proving its ongoing commitment to transparency in sustainability issues and now ranks as the best valued company in the telecommunications infrastructure sector in the GRESB Infrastructure Public Disclosure 2022.

Each year, GRESB assesses and benchmarks the ESG performance of assets worldwide, providing clarity and insights to financial markets on complex sustainability topics. Specifically, GRESB Infrastructure Public Disclosure assesses the level, quality, and transparency of ESG indicator disclosures of listed infrastructure companies.

GRESB data is used by hundreds of capital providers and thousands of asset managers to benchmark investments across portfolios and to better understand the opportunities, risks and choices that need to be made as the industry transitions to a more sustainable future.

In 2021, Cellnex reached the first place, becoming the best positioned company in the telecommunications infrastructure ranking, rising from “B” to “A”, the highest level, on an alphabetical scale that goes from E (minimum) to A (maximum). Standing out against the sector average, which is at level “C”. For another year, Cellnex has maintained its quantitative total score of 85 points out of 100.

During this year, Cellnex has managed to maintain high scores in all the categories assessed, boasting the highest score in the dimensions of “Disclosure of Sustainability Implementation ” and “Disclosure in Stakeholder Engagement practices”.

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