Cellnex Telecom SA

Common Name
Cellnex Telecom
Country
Spain
Sector
Real Estate
Industry
Real Estate Services
Employees
2,642
Ticker
CLNX
Exchange
BOLSA DE MADRID
Description
Cellnex Telecom, S.A. is a leading European operator of wireless telecommunications infrastructure. Its primary function is to own, manage, and lease a diverse portfolio of telecommunication towers, b...

Cellnex Telecom's Climate Target Data Preview

As of 2024, Cellnex Telecom has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Cellnex Telecom ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Fuel- and Energy-Related Services (Cat. 3)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Fuel- and Energy-Related Services (Cat. 3)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Cellnex Telecom’s Climate Targets Data

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a. Cellnex Telecom's Integrated Report 2024
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Insights into Cellnex Telecom's Greenhouse Gas Emissions Pathways

As of 2024, Cellnex Telecom has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations. a

Does Cellnex Telecom have a target to reduce the emissions from its value chain?

As of 2024, Cellnex Telecom has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Cellnex Telecom's most ambitious value chain target is to reduce these emissions by 21% by 2025, compared to a baseline of 101,772 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2024, Cellnex Telecom is ahead of schedule on its value chain emissions reduction target, having achieved 92.57% of the planned reduction. a

Cellnex Telecom's Value Chain (Scope 3) Emissions Pathway

202020242025030 k60 k90 k120 kBaselineCurrent (-19%)

Does Cellnex Telecom have a target to reduce its total carbon footprint?

As of 2024, Cellnex Telecom has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Cellnex Telecom's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 536,422 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020, by 70% by 2030. a

Cellnex Telecom has already surpassed its total carbon footprint reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. a

Cellnex Telecom's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20202024202520300150 k300 k450 k600 kBaselineCurrent (-88%)Target 2025 (-45%)Target 2030 (-70%)
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