Cellnex
Cellnex Telecom, a leading independent telecommunications infrastructure operator, is headquartered in Madrid, Spain (ES). Founded in 2015, the company has rapidly expanded its footprint across Europe, with significant operations in countries such as Italy, France, the Netherlands, and the United Kingdom. Specialising in the deployment and management of wireless telecommunications infrastructure, Cellnex offers a range of services including tower management, small cells, and fibre optic networks. Its commitment to innovation and sustainability sets it apart in the industry, enabling seamless connectivity for mobile network operators and enhancing digital communication. With a robust market position, Cellnex has achieved notable milestones, including the acquisition of numerous telecom assets, solidifying its status as a key player in the European market. The company continues to drive growth and transformation in the telecommunications sector, supporting the increasing demand for connectivity.
DitchCarbon Score
How does Cellnex's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Telecommunications Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Cellnex's score of 75 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Cellnex's reported carbon emissions
In 2023, Cellnex Telecom reported total greenhouse gas emissions of approximately 519,804,000 kg CO2e globally, with emissions distributed across various scopes: 3,016,000 kg CO2e from Scope 1, 36,798,000 kg CO2e from Scope 2, and a significant 479,990,000 kg CO2e from Scope 3. The company has set ambitious climate commitments, aiming for net-zero carbon emissions by 2050, as outlined in their Net-Zero Strategy. Cellnex has established several near-term reduction targets, including a 70% reduction in absolute Scope 1 and 2 emissions, as well as Scope 3 emissions from fuel and energy-related activities, by 2030, using 2020 as the baseline year. Additionally, they aim to reduce absolute Scope 3 emissions from purchased goods and services and capital goods by 21% by 2025. The company is also committed to increasing its annual sourcing of renewable electricity from 0% in 2020 to 100% by 2025. These targets are aligned with the Science-Based Targets initiative (SBTi) and reflect Cellnex's dedication to sustainable practices within the telecommunications sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 2,049,930 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 161,749,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Cellnex is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
