In 2024, Cellnex Telecom 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 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Cellnex Telecom amounted to 345,778.04 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 2023, the total operational greenhouse gas (GHG) emissions of Cellnex Telecom decreased by 1.57%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Cellnex Telecom were 4,979.96 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Cellnex Telecom's Scope 1 emissions have decreased by 17.39%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Cellnex Telecom's Scope 1 emissions decreased by 2.12%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Cellnex Telecom reported Scope 2 greenhouse gas (GHG) emissions of 16,529.34 tCO₂e using the market-based method and 340,798.08 tCO₂e using the location-based method.a
Since 2020, Cellnex Telecom's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Cellnex Telecom's emissions have plateaued with no significant change in its energy consumption footprint.a
Compared to the previous year (2023), Cellnex Telecom's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Cellnex Telecom's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Cellnex Telecom reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Cellnex Telecom reported 297,577.28 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 2024 disclosure of Cellnex Telecom includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Cellnex Telecom reported total Scope 3 emissions of 297,577.28 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 77.22% of these emissions originated from upstream activities such as purchased goods and capital goods, while 22.78% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2020, Cellnex Telecom's Scope 3 emissions have decreased by 54.42%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Cellnex Telecom's Scope 3 emissions decreased by 28.24%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Cellnex Telecom 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.
In 2024, the largest contributors to Cellnex Telecom's Scope 3 emissions were:a
In 2024, Cellnex Telecom reported Scope 1 greenhouse gas (GHG) emissions of 4,979.96 tCO₂e and total revenues of USD 4,235 millions. This translates into an emissions intensity of 1.18 tCO₂e per millions USD.a
In 2024, Cellnex Telecom reported a Scope 1 emissions intensity of 1.18 tCO₂e per millions USD. Compared to the peer group median of 4.88, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Cellnex Telecom ranked 4 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Cellnex Telecom among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Cellnex Telecom reported a total carbon footprint of 643,355.32 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 16.01% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Cellnex Telecom's total carbon footprint was Scope 2 emissions, accounting for 52.97% of the company's total carbon footprint, followed by Scope 3 emissions at 46.25%.a