Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Spain
  4. Bolsas y Mercados Espanoles
  5. Cellnex Telecom, S.A.
  6. News
  7. Summary
    CLNX   ES0105066007

CELLNEX TELECOM, S.A.

(CLNX)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Cellnex Telecom S A : scores among the world's five leading telecommunications companies on ESG performance

05/28/2021 | 05:41am EDT
'Sustainalytics ESG Risk Rating' Cellnex scores among the world's five leading telecommunications companies on ESG performance
  • Cellnex Telecom received a ESG Risk Rating score of 5 from Sustainalyctics, placing it in the TOP 5 companies within its sector and positioning it as having 'low ESG risk'

Barcelona, 28 May 2021. Cellnex Telecom announced that Sustainalytics, a Morningstar company provider of ESG research, ratings and data, has assessed it as having overall low ESG risk, positioning it as one of the top performing ESG companies in the telecommunications sector.

The ESG Risk Rating from Sustainalytics assesses the company's exposure to sustainability risk based on Environmental, Social and Governance (ESG) criteria and shows the commitment that the company has made to sustainability.

Cellnex's ESG Risk Rating went from 19.6 in 2020 to 15.5 in 2021, placing the company among the top five companies in the the telecommunications sector that includes 214 companies. This rating places Cellnex in the 'low' risk category in ESG matters.

In addition, Cellnex ranks 1,161 out of the total 13,732 companies evaluated from all sectors by Sustainalytics, confirming the strength of the company's ESG programmes, practices and policies. Cellnex rose to second place in the 'peers by market capitalisation' in 2021 from ninth position in 2020.

Tobias Martínez, CEO of Cellnex, said he was 'proud to have achieved this score in the 'ESG Risk Rating', improving the position we obtained last year, which confirms our commitment to sustainability. We are developing an effective ESG strategy that our investors increasingly value and take into account in their decisions'.

We have made considerable progress, continued Tobias Martinez. 'Ranking among the companies that are most committed to sustainability provides us even greater energy and enthusiasm as we face ESG challenges such as our commitment to combating climate change, achieving best practices in Good Governance, promoting and fostering the attraction and retention of talent, as well as equity, diversity and inclusion. I am sure that, with the help of the team and the confidence of our investors, we will complete them successfully.'

Cellnex's commitment is materialised in the ESG 2021-2025 Master Plan, approved by the Board of Directors in December 2020, and which includes six main strategic lines to be deployed through 92 specific actions, each of which is linked to the UN Sustainable Development Goals (SDGs). Specifically, the company is focusing its efforts on achieving 100% green energy consumption by 2025 and 40% in 2021; increasing the presence of women in managerial positions to 33%, compared to 24% in 2020, and 40%-50% of women in non-executive board positions; having at least 50% of the nationalities that make up the group represented at the company's headquarters; increasing the hiring of young talent by 30%; and raising the percentage of non-executive directors trained in ESG skills to 100%.

About Cellnex Telecom

Cellnex Telecom is Europe's leading operator of wireless telecommunications and broadcasting infrastructures with a portfolio of more C 129,000 sites, about 72,000 of which are already operative, and the rest in the process of finalisation or planned roll-outs up to 2030. Cellnex operates in Spain, Italy, Netherlands, France, Switzerland, the UK, Ireland, Portugal, Austria, Denmark, Sweden and Poland.

Cellnex's business is structured in four major areas: telecommunications infrastructure services; audiovisual broadcasting networks, security and emergency service networks and solutions for smart urban infrastructure and services management (Smart cities and the 'Internet of Things' (IoT)).

The company is listed on the continuous market of the Spanish stock exchange and is part of the selective IBEX 35 and EuroStoxx 600 indices. It is also part of the FTSE4GOOD and CDP (Carbon Disclosure Project) and 'Standard Ethics' sustainability indexes.

Cellnex's reference shareholders include GIC, Edizione, ADIA, Canada Pension Plan, CriteriaCaixa, Wellington Management Group, Capital Group, Blackrock, Fidelity and Norges Bank.

For more information: https://www.cellnextelecom.com



Related content

Disclaimer

Cellnex Telecom SA published this content on 28 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 May 2021 09:40:04 UTC.


© Publicnow 2021
All news about CELLNEX TELECOM, S.A.
04:37aCELLNEX TELECOM S A : Fitch Maintains Cellnex Telecom's BBB- Rating with Stable ..
MT
07/16Cellnex Telecom, S.A.'s Equity Buyback Plan Extended till September 18, 2021.
CI
07/14CELLNEX TELECOM S A : The Cellnex Foundation launches its first acceleration pro..
PU
07/13CK HUTCHISON : UK watchdog raises competition concerns over Cellnex-CK Hutchinso..
RE
07/13CK HUTCHISON : UK watchdog raises competition concerns over Cellnex-CK Hutchinso..
RE
07/13Cellnex's Potential Acquisition of CK Hutchison Assets Raises Competition Con..
DJ
07/13CELLNEX TELECOM S A : UK's Competition Watchdog Says Cellnex's Proposed Acquisit..
MT
07/13ANALYST RECOMMENDATIONS : Allegiant Travel, Electronic Arts, Molecular Partners,..
07/12CELLNEX TELECOM S A : The Cellnex Foundation is born to narrow digital, social a..
PU
07/09CELLNEX TELECOM S A : Closes $2 Billion Polish Telco Infrastructure Company Polk..
MT
More news
Financials
Sales 2021 2 464 M 2 909 M 2 909 M
Net income 2021 -112 M -132 M -132 M
Net Debt 2021 11 866 M 14 009 M 14 009 M
P/E ratio 2021 -295x
Yield 2021 0,11%
Capitalization 37 012 M 43 714 M 43 698 M
EV / Sales 2021 19,8x
EV / Sales 2022 14,7x
Nbr of Employees 2 008
Free-Float 87,6%
Chart CELLNEX TELECOM, S.A.
Duration : Period :
Cellnex Telecom, S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends CELLNEX TELECOM, S.A.
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 25
Last Close Price 54,50 €
Average target price 62,45 €
Spread / Average Target 14,6%
EPS Revisions
Managers and Directors
Tobías Martínez-Gimeno Chief Executive Officer & Executive Director
José Manuel Aisa Mancho CFO & Director-Corporate Development
Bertrand Boudewijn Kan Non-Executive Chairman
Sergio Tórtola Pérez Operations Director
Pierre Blayau Independent Director
Sector and Competitors
1st jan.Capi. (M$)
CELLNEX TELECOM, S.A.27.54%44 448
SOFTBANK CORP.13.50%61 648
BHARTI AIRTEL LIMITED6.79%39 603
SAFARICOM PLC24.96%15 145
MTN GROUP LIMITED75.11%13 266
TELE2 AB17.54%9 533