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Cellnex Telecom S.a

Country
Spain
Sector
Real Estate
Industry
Real Estate Services
Employees
2,494
Ticker
CLNX
Exchange
Bolsas y Mercados Españoles
Description
Cellnex Telecom, S.A. is a leading European operator of wireless telecommunications infrastructure, owning, managing, and leasing a vast portfolio of over 135,000 sites including telecommunication tow...

Cellnex Telecom S.a's GHG Emissions Data Preview

In 2025, Cellnex Telecom S.a completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Cellnex Telecom S.a has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
5,137a
4,908a
5,088.03b
Total Scope 2
Market-Based
28a
15,633a
37,139.14b
Location-Based
288,926a
331,703a
346,206.87b
Total Scope 3
603,073a
803,745a
414,708.87b
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.9889a
1.0834a
1.1353b
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Verified Sources Behind Cellnex Telecom S.a’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Cellnex Telecom S.a’s data sources below and access millions more through our Disclosure Search.

a. Cellnex Telecom S.a's Integrated Report 2025
b. Cellnex Telecom S.a's Integrated Report 2024

Insights into Cellnex Telecom S.a's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Cellnex Telecom S.a amounted to 294,063 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Cellnex Telecom S.a decreased by 12.64%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Cellnex Telecom S.a's Scope 1 Emissions Over Time

20202021202220232024202501.5 k3 k4.5 k6 ktCO2e-39%-11%+58%-4%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Cellnex Telecom S.a's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Cellnex Telecom S.a were 5,137 metric tons of CO₂ equivalent (tCO₂e).a

Has Cellnex Telecom S.a reduced its Scope 1 emissions over time?

Since 2020, Cellnex Telecom S.a's Scope 1 emissions have decreased by 13.17%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2024), Cellnex Telecom S.a's Scope 1 emissions increased by 4.67%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Cellnex Telecom S.a's Scope 2 emissions?

In 2025, Cellnex Telecom S.a reported Scope 2 greenhouse gas (GHG) emissions of 28 tCO₂e using the market-based method and 288,926 tCO₂e using the location-based method.a

Has Cellnex Telecom S.a reduced its Scope 2 emissions over time?

Since 2020, Cellnex Telecom S.a's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 11.71%, reflecting a declining long-term trend in Scope 2 emissions over time.a

Compared to the previous year (2024), Cellnex Telecom S.a's Scope 2 emissions (Location-Based) fell by 12.9% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Cellnex Telecom S.a use for Scope 2 reporting?

In 2025, Cellnex Telecom S.a reported its Scope 2 emissions using the market-based method and using the location-based method.a

Cellnex Telecom S.a's Scope 2 Emissions Over Time

2020202120222023202420250150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Cellnex Telecom S.a's Value Chain Emissions

In 2025, Cellnex Telecom S.a reported 603,073 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Cellnex Telecom S.a includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Cellnex Telecom S.a's Scope 3 Emissions Over Time

2020202120222023202420250350 k700 k1.05 M1.4 MtCO2e-52%-16%-18%+94%-25%
  • Total Scope 3
  • Year-over-Year Change

What are Cellnex Telecom S.a's Scope 3 emissions?

In 2025, Cellnex Telecom S.a reported total Scope 3 emissions of 603,073 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 91.87% of these emissions originated from upstream activities such as purchased goods and capital goods, while 8.13% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Cellnex Telecom S.a reduced its Scope 3 emissions over time?

Since 2020, Cellnex Telecom S.a's Scope 3 emissions have decreased by 51.43%, reflecting a declining long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2024), Cellnex Telecom S.a's Scope 3 emissions decreased by 24.97%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Cellnex Telecom S.a disclose?

In 2025, Cellnex Telecom S.a reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Cellnex Telecom S.a's Scope 3 emissions?

In 2025, the largest contributors to Cellnex Telecom S.a's Scope 3 emissions were:a

  • Capital Goods (Cat. 2): 385,688 tCO₂e (63.95%)
  • Upstream Leased Assets (Cat. 8): 76,659 tCO₂e (12.71%)
  • Purchased Goods and Services (Cat. 1): 54,340 tCO₂e (9.01%)

Cellnex Telecom S.a's Scope 3 Emissions by Categories

Upstream LeasedAssets (Cat. 8)(12.7%)Purchased Goods andServices (Cat. 1)(9.0%)Capital Goods(Cat. 2)(64.0%)

Insights into Cellnex Telecom S.a’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Cellnex Telecom S.a reported Scope 1 greenhouse gas (GHG) emissions of 5,137 tCO₂e and total revenues of USD 5,195 millions. This translates into an emissions intensity of 0.99 tCO₂e per millions USD.a

Cellnex Telecom S.a's Scope 1 Emissions Intensity Compared to Peers

51002,000100,0002,000,000Scope 1 Emissions (tCO2e)202002,00010,000100,000Revenues (Millions of USD)CBRE GroupYear: 2024Scope 1: 60,995 tCO2eRevenue: $M 35,768Scope 1 Intensity: 1.71 tCO2e/$MSagaxYear: 2025Scope 1: 7 tCO2eRevenue: $M 588Scope 1 Intensity: 0.01 tCO2e/$MCapitaland InvestmentYear: 2024Scope 1: 46,325 tCO2eRevenue: $M 2,065Scope 1 Intensity: 22.43 tCO2e/$MJones Lang LaSalleYear: 2024Scope 1: 35,444 tCO2eRevenue: $M 23,433Scope 1 Intensity: 1.51 tCO2e/$MSwire PropertiesYear: 2024Scope 1: 9,039 tCO2eRevenue: $M 1,858Scope 1 Intensity: 4.87 tCO2e/$MKE HoldingsYear: 2024Scope 1: 7,970 tCO2eRevenue: $M 12,805Scope 1 Intensity: 0.62 tCO2e/$MAzrieli GroupYear: 2024Scope 1: 2,992 tCO2eRevenue: $M 899Scope 1 Intensity: 3.33 tCO2e/$MSavillsYear: 2024Scope 1: 1,923 tCO2eRevenue: $M 3,017Scope 1 Intensity: 0.64 tCO2e/$MGreentown Service GroupYear: 2024Scope 1: 29 tCO2eRevenue: $M 2,460Scope 1 Intensity: 0.01 tCO2e/$MInternational Workplace GroupYear: 2024Scope 1: 136,640 tCO2eRevenue: $M 3,690Scope 1 Intensity: 37.03 tCO2e/$MPoly Property ServicesYear: 2024Scope 1: 7,532 tCO2eRevenue: $M 2,239Scope 1 Intensity: 3.36 tCO2e/$MCountry Garden ServicesYear: 2024Scope 1: 6,473 tCO2eRevenue: $M 6,028Scope 1 Intensity: 1.07 tCO2e/$MOnewoYear: 2024Scope 1: 212 tCO2eRevenue: $M 4,974Scope 1 Intensity: 0.04 tCO2e/$MNewmark GroupYear: 2024Scope 1: 950 tCO2eRevenue: $M 2,739Scope 1 Intensity: 0.35 tCO2e/$MTokyo TatemonoYear: 2024Scope 1: 13,808 tCO2eRevenue: $M 2,954Scope 1 Intensity: 4.67 tCO2e/$MNomura Real Estate HoldingsYear: 2023Scope 1: 24,000 tCO2eRevenue: $M 4,915Scope 1 Intensity: 4.88 tCO2e/$MColliers International GroupYear: 2024Scope 1: 13,311 tCO2eRevenue: $M 6,567Scope 1 Intensity: 2.03 tCO2e/$MHulicYear: 2024Scope 1: 13,869 tCO2eRevenue: $M 3,768Scope 1 Intensity: 3.68 tCO2e/$MCostar GroupYear: 2024Scope 1: 5,710 tCO2eRevenue: $M 2,736Scope 1 Intensity: 2.09 tCO2e/$MCR Mixc LifestyleYear: 2024Scope 1: 410 tCO2eRevenue: $M 2,351Scope 1 Intensity: 0.17 tCO2e/$MSumitomo Realty & DevelopmentYear: 2024Scope 1: 44,000 tCO2eRevenue: $M 6,390Scope 1 Intensity: 6.89 tCO2e/$MVonoviaYear: 2024Scope 1: 539,867 tCO2eRevenue: $M 6,180Scope 1 Intensity: 87.35 tCO2e/$MRenta Corporacion Real EstateYear: 2022Scope 1: 94 tCO2eRevenue: $M 57Scope 1 Intensity: 1.63 tCO2e/$MCellnex Telecom S.aYear: 2025Scope 1: 5,137 tCO2eRevenue: $M 5,195Scope 1 Intensity: 0.99 tCO2e/$M

How does Cellnex Telecom S.a's GHG emissions intensity compare to its peers?

In 2025, Cellnex Telecom S.a reported a Scope 1 emissions intensity of 0.99 tCO₂e per millions USD. Compared to the peer group median of 2.03, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Cellnex Telecom S.a rank on GHG emissions intensity within its industry?

In 2025, Cellnex Telecom S.a ranked 8 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Cellnex Telecom S.a is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Cellnex Telecom S.a's Total Carbon Footprint

In 2025, Cellnex Telecom S.a reported a total carbon footprint of 897,136 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.33% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Cellnex Telecom S.a's total carbon footprint was Scope 3 emissions, accounting for 67.22% of the company's total carbon footprint, followed by Scope 2 emissions at 32.21%.a

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