Cellnex

Cellnex, an All Other Telecommunications company headquartered in ES, reported total greenhouse gas emissions of approximately 608 million kg CO2e in 2025. This includes Scope 1 emissions of 5.14 million kg CO2e, Scope 2 market-based emissions of 27.69 million kg CO2e, and Scope 3 emissions of 603.07 million kg CO2e. Key contributors to Scope 3 emissions in 2025 included upstream transportation and distribution at 549.78 million kg CO2e and capital goods at 385.69 million kg CO2e.

Looking at previous years, Cellnex's total emissions were approximately 824.29 million kg CO2e in 2024, and 456.94 million kg CO2e in 2023.

Cellnex has set ambitious climate commitments, with Science Based Targets initiative (SBTi) validated targets. The company commits to achieving net-zero greenhouse gas emissions across its value chain by 2050. Near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 70% by 2030, from a 2020 base year. They also aim to increase annual sourcing of renewable electricity from 10% in 2020 to 100% by 2025 and maintain this through 2030. Furthermore, Cellnex commits that 82% of its suppliers and customers, by emissions covering purchased goods and services, capital goods, and downstream leased assets, will have science-based targets by 2030. For Scope 3, Cellnex has a target to reduce absolute emissions from purchased goods and services and capital goods GHG emissions by 21% by 2025, from a 2020 base year. Long-term, Cellnex commits to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2050, from a 2020 base year, and absolute Scope 3 GHG emissions by 90% within the same timeframe.