Cellnex Telecom SA
Industry Group: Telecommunication Services
Country/Region: Spain
Identifier: MCE:CLNX
Cellnex owns and operates more than 100,000 wireless towers in Europe, resulting from continued M&A activity since its IPO in 2015. It has acquired towers from several European mobile network operator, including Telefonica, Iliad, CK Hutchison, Bouygues, and Altice. Cellnex is present in more than 10 European countries as of March 2023, including France, Italy, Spain, Poland, the U.K., Switzerland, and Portugal. Cellnex’s strategy is to acquire portfolios from MNOs and lease the towers back to them through long-term contracts, which provide high cash flow visibility and inflation protection.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Telecommunication Services 5 out of 227
Universe
Global Universe 1151 out of 15361
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Cellnex Telecom SA |
14
Low
|
5 out of 227 |
| TELUS Corp. |
17.4
Low
|
13 out of 227 |
| Singapore Telecommunications Ltd. |
20.8
Medium
|
35 out of 227 |
| Rogers Communications, Inc. |
23.4
Medium
|
60 out of 227 |
| PT Telkom Indonesia (Persero) Tbk |
27
Medium
|
106 out of 227 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Cellnex Telecom SA
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Cellnex Telecom SA's ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
