Cellnex Telecom SA

Cellnex discloses a general intention to align its external engagement with climate objectives but provides minimal detail on how this is governed. The company states that "one of the strategic lines of the Environment and Climate Change Policy is based on the mitigation and adaptation of climate change" and that it is "taking a step forward to implement measures that contribute to its mitigation and to achieve the objectives established in the Paris Agreements," while confirming that it has "a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement." It also notes that the "Cellnex Sustainability Department manages and centralizes these initiatives ... to ensure that the company has a common approach that is also consistent with its own strategy on climate change." However, the disclosure does not specify any formal mechanism for monitoring or reviewing lobbying activities, does not describe how direct or trade-association lobbying positions are checked for alignment, and does not identify a board committee or individual with oversight. Consequently, while the public commitment indicates some governance of climate-related engagement, the absence of concrete processes, oversight structures, or evidence of alignment actions suggests that the company's lobbying governance remains limited.