Cellnex Telecom SA
Cellnex Telecom EU Taxonomy Data Preview
In 2024, Cellnex Telecom was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Cellnex Telecom has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Cellnex Telecom are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
| Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Cellnex Telecom's Revenues from Sustainable Activities
In 2024, Cellnex Telecom reported EU Taxonomy-eligible revenues of EUR 81.26 million, representing 1.87% of its total turnover. Of this amount, EUR 36.16 million of Cellnex Telecom's revenues was classified as EU Taxonomy-aligned, indicating that 0.83% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Cellnex Telecom's Taxonomy-Eligible Turnover Over Time
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
Have Cellnex Telecom's revenues become more sustainable over time?
Since 2022, Cellnex Telecom's taxonomy-aligned revenues decreased by 87.95% , indicating a long-term decline in environmentally sustainable revenue performance.
Compared to the previous year (2023), Cellnex Telecom's taxonomy-aligned revenues decreased by 10.75% , suggesting that Cellnex Telecom may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.
How much of Cellnex Telecom's revenue is eligible under the EU Taxonomy?
In 2024, Cellnex Telecom reported that EUR 81.26 million of its revenue was eligible under the EU Taxonomy, representing 1.87% of the company's total turnover. Of this amount, EUR 36.16 million (0.83% of total revenue) was classified as Taxonomy-aligned. This means that 1.04% of Cellnex Telecom's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
How much of Cellnex Telecom's eligible revenue is aligned with the EU Taxonomy?
In 2024, Cellnex Telecom reported that EUR 36.16 million of its revenue was aligned under the EU Taxonomy, representing 0.83% of its total turnover.
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
Cellnex Telecom's Eligibility & Alignment Overview
Cellnex Telecom's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Turnover
- Total Taxonomy Eligible but Not Aligned A2 Turnover
How is Cellnex Telecom's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Cellnex Telecom reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 0.02%
- Climate Change Adaptation: 0.73%
- Sustainable Use and Protection of Water and Marine Resources: 0.08%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Cellnex Telecom earn from selling climate-related solutions ?
In 2024, Cellnex Telecom reported that EUR 32.65 million of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 0.75% of the company's total revenue, indicating that Cellnex Telecom has limited exposure on solutions that support climate action through its commercial activities.
Insights into Cellnex Telecom's CAPEX from Sustainable Activities
In 2024, Cellnex Telecom reported EU Taxonomy-eligible CAPEX of EUR 56.15 million, representing 4.26% of its total CAPEX. Of this amount, EUR 8.56 million of Cellnex Telecom's CAPEX was classified as EU Taxonomy-aligned, indicating that 0.65% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Cellnex Telecom's Taxonomy-Eligible Capex Over Time
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
Have Cellnex Telecom's increased its investment in sustainable activities over time?
Since 2022, Cellnex Telecom's taxonomy-aligned capital expenditure (CAPEX) increased by 550%, pointing to a long-term shift toward greater investment in environmentally sustainable activities recognized under the EU Taxonomy.
Compared to the previous year (2023), Cellnex Telecom's taxonomy-aligned CAPEX increased by 182.61%, highlighting Cellnex Telecom's strengthened commitment to investing in environmentally sustainable activities or improving how such investments are classified and reported under the EU Taxonomy.
How much of Cellnex Telecom's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Cellnex Telecom reported that EUR 56.15 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 4.26% of the company's total CAPEX. Of this amount, EUR 8.56 million (0.65% of total CAPEX) was classified as Taxonomy-aligned. This means that 3.61% of Cellnex Telecom's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
How much of Cellnex Telecom's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Cellnex Telecom reported that EUR 8.56 million of its CAPEX was aligned under the EU Taxonomy, representing 0.65% of its total capital investment.
This low alignment reflects that Cellnex Telecom is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Cellnex Telecom's Eligibility & Alignment Overview
Cellnex Telecom's Contribution to Environmental Objectives
- Total Taxonomy Aligned A1 Capex
- Total Taxonomy Eligible but Not Aligned A2 Capex
How is Cellnex Telecom's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Cellnex Telecom reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
- Climate Change Mitigation: 0.41%
- Climate Change Adaptation: 0.23%
- Sustainable Use and Protection of Water and Marine Resources: 0%
- Transition to a Circular Economy: 0%
- Pollution Prevention and Control: 0%
- Protection and restoration of biodiversity and ecosystems: 0%
How much Cellnex Telecom is investing in climate-related solutions?
In 2024, Cellnex Telecom allocated EUR 8.43 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.64% of the company's total capital expenditure, indicating that Cellnex Telecom has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.
Insights into Cellnex Telecom's OPEX from Sustainable Activities
In 2024, Cellnex Telecom reported EU Taxonomy-eligible OPEX of EUR 0, representing 0% of its total operating expenses (OPEX). Of this amount, EUR 0 of Cellnex Telecom's OPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).