Cellnex

Cellnex, an All Other Telecommunications company headquartered in Spain, reported total emissions of approximately 608 million kg CO2e in 2025. This included around 5.14 million kg CO2e from Scope 1 emissions, 288.93 million kg CO2e from Scope 2 (location-based) emissions, and 603.07 million kg CO2e from Scope 3 emissions.

In 2024, the company's total emissions were approximately 824.29 million kg CO2e, with Scope 1 at about 4.91 million kg CO2e, Scope 2 (location-based) at around 331.70 million kg CO2e, and Scope 3 at roughly 803.75 million kg CO2e.

Looking back, Cellnex's total emissions were approximately 456.94 million kg CO2e in 2023, about 558.01 million kg CO2e in 2022, and approximately 931.41 million kg CO2e in 2021. For 2020, total emissions were approximately 1.68 billion kg CO2e, with Scope 1 emissions at about 5.92 million kg CO2e, Scope 2 (market-based) at around 431.30 million kg CO2e, and Scope 3 at approximately 1.24 billion kg CO2e.

Cellnex has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi). The company is committed to achieving net-zero greenhouse gas emissions across its value chain by 2050, with interim targets.

Near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 70% by 2030 from a 2020 base year. Additionally, Cellnex aims to increase active annual sourcing of renewable electricity from 10% in 2020 to 100% by 2025 and maintain this through 2030. They also commit that 82% of their suppliers and customers (by emissions, covering purchased goods and services, capital goods, and downstream leased assets) will have science-based targets by 2030. Furthermore, Cellnex aims to reduce absolute Scope 3 emissions from purchased goods and services and capital goods by 21% by 2025, from a 2020 base year.

Long-term targets, consistent with a 1.5°C pathway, include reducing absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2020 base year, and also reducing absolute Scope 3 GHG emissions by 90% within the same timeframe.