Unibail-Rodamco-Westfield
ESRS disclosure
Tags Tree
- Provide a detailed description of whether and how local and indigenous knowledge, as well as nature-based solutions, have been integrated into your biodiversity and ecosystems-related actions.
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Question Id: E4-3_09
The Group has invested in initiatives like The Climate Fund for Nature and The Nature Impact Fund, which involve local communities and stakeholders in the design and management of projects to support biodiversity conservation and sustainable use.
Report Date: 4Q2023Relevance: 80%
- Provide a detailed account of the key stakeholders involved in your company's actions related to biodiversity and ecosystems. Specify the nature of their involvement, and identify any stakeholders who are either negatively or positively impacted by these actions. Include a description of the impacts or benefits experienced by affected communities, smallholders, indigenous peoples, or other individuals in vulnerable situations.
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Question Id: E4-3_10
Stakeholders involved include the Group sustainability team, corporate technical team, corporate development teams, technical and development local country teams, and asset teams. The policy is for internal purposes only, and no specific impacts or benefits on communities or individuals are detailed.
Report Date: 4Q2023Relevance: 50%
- Provide an explanation regarding the necessity for conducting appropriate consultations and respecting the decisions of affected communities in relation to key actions and resources concerning biodiversity and ecosystems.
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Question Id: E4-3_11
Some projects undertake an Environmental Impact Assessment (EIA) with a biodiversity component, which includes a public consultation as part of the process.
Report Date: 4Q2023Relevance: 60%
- Provide a detailed assessment of whether the key actions undertaken by your company may result in significant negative sustainability impacts on biodiversity and ecosystems, as per Disclosure Requirement E4-6 concerning anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities, and in alignment with Disclosure Requirement E4-3 regarding actions and resources related to biodiversity and ecosystems.
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Question Id: E4-3_12
Anticipated financial effects from the consideration of biodiversity in development projects are in line with the estimates presented in section 3.2.2.A.4.2 Disclosure requirements in ESRS covered by the undertaking’s Sustainability Statement.
Report Date: 4Q2023Relevance: 50%
- Provide an explanation regarding whether the key action related to biodiversity and ecosystems is intended as a one-time initiative or as a systematic practice.
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Question Id: E4-3_13
The Group's biodiversity strategy involves ongoing policies and commitments, such as the Group Biodiversity Strategy and GHG emissions reduction policy, indicating a systematic practice.
Report Date: 4Q2023Relevance: 95%
- Does the undertaking's key action plan for biodiversity and ecosystems rely solely on its own resources, or is it part of a broader initiative to which the undertaking significantly contributes? If it is part of a wider initiative, provide details about the project, its sponsors, and other participants.
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Question Id: E4-3_14
In 2021, URW's commitments to biodiversity were recognized as "SMART" by the Act4nature international multi-stakeholders steering committee, which includes 14 partner organizations of Act4nature international, business networks, environmental NGOs, scientific bodies, and members of the French Association of Companies for the Environment (EpE).
Report Date: 4Q2023Relevance: 85%
- Does the undertaking's key action plan for biodiversity and ecosystems operate independently using solely its resources, or is it integrated into a broader collective initiative to which the undertaking significantly contributes? If it is part of a wider initiative, provide detailed information regarding the project, its sponsors, and other participants.
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Question Id: E4-3_15
In 2021, URW's commitments to biodiversity were recognized as "SMART" by the Act4nature international multi-stakeholders steering committee, which includes 14 partner organizations of Act4nature international, business networks, environmental NGOs, scientific bodies, and members of the French Association of Companies for the Environment (EpE).
Report Date: 4Q2023Relevance: 60%
- Provide detailed information regarding the anticipated financial effects stemming from material biodiversity and ecosystem-related risks and opportunities, as outlined in Disclosure Requirement E4-6. Additionally, describe the actions and resources related to biodiversity and ecosystems, in accordance with Disclosure Requirement E4-3. Specifically, elucidate how your organization contributes to systemwide change, particularly in altering the drivers of biodiversity and ecosystem change. This may include technological, economic, institutional, and social factors, as well as changes in underlying values and behaviors. Include any relevant information about the project, its sponsors, and other participants involved.
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Question Id: E4-3_16
Anticipated financial effects from the consideration of biodiversity in development projects are in line with the estimates presented in section 3.2.2.A.4.2 Disclosure requirements in ESRS covered by the undertaking’s Sustainability Statement. Actions and resources related to biodiversity and ecosystems are listed in the table on page 201, including policies like the Group Biodiversity Strategy and GHG emissions reduction policy.
Report Date: 4Q2023Relevance: 60%
- Has your company applied ecological thresholds and allocations of impacts to the undertaking when setting targets related to biodiversity and ecosystems? If so, please specify the details.
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Question Id: E4-4_01
The Group includes in its sustainability guidelines the requirements related to the Do Not Significant Harm ("DNSH") criteria for biodiversity within the EU Taxonomy regulation. This involves ensuring that new construction is not built on certain types of land, such as arable land with high soil fertility or land that serves as a habitat for endangered species. This indicates consideration of ecological thresholds when setting targets related to biodiversity and ecosystems.
Report Date: 4Q2023Relevance: 65%
- Has your company applied ecological thresholds and allocations of impacts when setting targets related to biodiversity and ecosystems? If so, provide detailed information on the ecological thresholds identified and the methodology employed to determine these thresholds.
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Question Id: E4-4_02
The Group's sustainability guidelines include requirements related to the Do Not Significant Harm ("DNSH") criteria for biodiversity within the EU Taxonomy regulation. This involves ensuring that new construction is not built on certain types of land, such as arable land with high soil fertility or land that serves as a habitat for endangered species. The methodology employed involves conducting an EIA or screening in accordance with Directive 2011/92/EU/334 and implementing necessary mitigation and compensation measures.
Report Date: 4Q2023Relevance: 60%