Water management (ESRS E3) and waste management (ESRS E5) are identified as less material for URW from both financial and impact materiality perspectives. This is attributed to the nature of URW's operations and geographical locations.

Water management (ESRS E3) and waste management (ESRS E5) are identified as less material for URW from both financial and impact materiality perspectives. This is attributed to the nature of URW's operations and geographical locations.

The double materiality assessment was conducted to assess the materiality of sustainability and ESG topics from two complementary perspectives: an 'impact' perspective and a 'financial' perspective. The impact perspective considers the negative or positive impacts of the company's activities on the environment, people, and communities. The financial perspective evaluates the risks or opportunities that environmental and social issues represent for the company's activity and value. The materiality of risks and opportunities was assessed based on the likelihood of occurrence and the potential magnitude of financial effects, aligned with the financial impact scales used for the Group risk mapping. The process involved a contextual analysis, sectoral analysis, and selection of applicable international standards, with input from internal and external stakeholders.

The Group affirms an unwavering commitment to ethical business practices through the introduction of a comprehensive Social Policy. This framework embodies dedication to human rights, responsible labour practices, and the creation of a workplace that champions diversity, inclusion and safety. By adopting and implementing these principles, URW not only meets but exceeds the expectations of stakeholders and contributes to positive societal change. The Company values – Together at URW – represent the excellence in the Group’s standards as a high-performance Company and culture. Together at URW values support the Better Places roadmap to empower URW employees to work together to become sustainability and diversity change-makers. In the context of the Company transformation, the descriptions of Together at URW values were updated in early 2023 to better reflect the evolution of the Company’s working culture.

Since 2004, URW has been a member of the UNGC, which promotes ethical conduct and fundamental moral values in business. URW strives to adopt, support and apply in its sphere of influence the 10 principles of the UNGC concerning human rights, labour, environment and anti-corruption. URW complies with the respective Australian and UK Modern Slavery Acts. As clearly outlined in its UK and Group Modern Slavery Statements (see www.urw.com), URW strictly prohibits any form of forced labour or child labour in any part of its business operations or supply chain, with dedicated due diligence mechanisms. Regular audits and continuous improvement efforts across the Group’s supply chain demonstrate indeed URW’s dedication to transparency and ethical labour practices.

As expressed in its Human Rights Policy and its Health and Safety Statement, URW is committed to upholding the highest standards of human rights and labour rights protections, as well as safeguarding the H&S and well-being of its employees through enforced internal frameworks, ensuring that every individual within URW’s sphere of influence is treated with dignity and respect. URW complies with the core conventions and labour standards set by the ILO and is aligned with the OECD Guidelines for Multinational Enterprises, setting the standard for responsible business conduct and respect for human rights in the Group’s global operations. The Group only operates in countries where social regulations are well developed through democratic frameworks. Internal, specific frameworks set up by the Group define and manage additional rules that reinforce employee rights and endorse respect and ethical conduct in business dealings (collective agreements, Code of Ethics, Compliance Book, ACP, etc.).

As expressed in its Human Rights Policy and its Health and Safety Statement, URW is committed to upholding the highest standards of human rights and labour rights protections, as well as safeguarding the H&S and well-being of its employees through enforced internal frameworks, ensuring that every individual within URW’s sphere of influence is treated with dignity and respect. URW complies with the core conventions and labour standards set by the ILO and is aligned with the OECD Guidelines for Multinational Enterprises, setting the standard for responsible business conduct and respect for human rights in the Group’s global operations. The Group only operates in countries where social regulations are well developed through democratic frameworks. Internal, specific frameworks set up by the Group define and manage additional rules that reinforce employee rights and endorse respect and ethical conduct in business dealings (collective agreements, Code of Ethics, Compliance Book, ACP, etc.).

As expressed in its Human Rights Policy and its Health and Safety Statement, URW is committed to upholding the highest standards of human rights and labour rights protections, as well as safeguarding the H&S and well-being of its employees through enforced internal frameworks, ensuring that every individual within URW’s sphere of influence is treated with dignity and respect. URW complies with the core conventions and labour standards set by the ILO and is aligned with the OECD Guidelines for Multinational Enterprises, setting the standard for responsible business conduct and respect for human rights in the Group’s global operations. The Group only operates in countries where social regulations are well developed through democratic frameworks. Internal, specific frameworks set up by the Group define and manage additional rules that reinforce employee rights and endorse respect and ethical conduct in business dealings (collective agreements, Code of Ethics, Compliance Book, ACP, etc.).

As expressed in its Human Rights Policy and its Health and Safety Statement, URW is committed to upholding the highest standards of human rights and labour rights protections, as well as safeguarding the H&S and well-being of its employees through enforced internal frameworks, ensuring that every individual within URW’s sphere of influence is treated with dignity and respect. URW complies with the core conventions and labour standards set by the ILO and is aligned with the OECD Guidelines for Multinational Enterprises, setting the standard for responsible business conduct and respect for human rights in the Group’s global operations. The Group only operates in countries where social regulations are well developed through democratic frameworks. Internal, specific frameworks set up by the Group define and manage additional rules that reinforce employee rights and endorse respect and ethical conduct in business dealings (collective agreements, Code of Ethics, Compliance Book, ACP, etc.).

As expressed in its Human Rights Policy and its Health and Safety Statement, URW is committed to upholding the highest standards of human rights and labour rights protections, as well as safeguarding the H&S and well-being of its employees through enforced internal frameworks, ensuring that every individual within URW’s sphere of influence is treated with dignity and respect. URW complies with the core conventions and labour standards set by the ILO and is aligned with the OECD Guidelines for Multinational Enterprises, setting the standard for responsible business conduct and respect for human rights in the Group’s global operations. The Group only operates in countries where social regulations are well developed through democratic frameworks. Internal, specific frameworks set up by the Group define and manage additional rules that reinforce employee rights and endorse respect and ethical conduct in business dealings (collective agreements, Code of Ethics, Compliance Book, ACP, etc.).