Unibail-Rodamco-Westfield
ESRS disclosure
Tags Tree
- Provide a detailed description of the expected decarbonisation levers and their overall quantitative contributions towards achieving the GHG emission reduction targets, as outlined in Disclosure Requirement E1-4 concerning climate change mitigation and adaptation. Include specific strategies such as energy or material efficiency, consumption reduction, fuel switching, utilization of renewable energy, and the phase-out or substitution of products and processes.
-
Question Id: E1-4_23
All those mitigation efforts ensure that URW's business model is compatible with the transition towards a sustainable economy, in line with 1.5°C pathways set in the Paris Agreement and with the objective of achieving global climate neutrality by 2050. The levers and hypothesis regarding the reduction of the Scopes 1 and 2 carbon emissions include:
- Sufficiency (8%)
- Energy efficiency (41%)
- Energy Mix (40%)
- Fugitive emissions (11%)
The plan has been built in 2023 and therefore considers the performance of the year 2022 as a starting point.
Report Date: 4Q2023Relevance: 85%
- Has the undertaking considered a diverse range of climate scenarios, including at least one scenario compatible with limiting global warming to 1.5°C, to identify relevant environmental, societal, technology, market, and policy-related developments and determine its decarbonisation levers, as required under Disclosure Requirement E1-4? Additionally, if applicable, provide an explanation of the anticipated financial effects from material physical and transition risks and potential climate-related opportunities as outlined in Disclosure Requirement E1-9, ensuring that the disclosure aligns with the qualitative characteristics of useful information as specified in ESRS 1 Appendix B.
-
Question Id: E1-4_24
As the IEA (International Energy Agency) NZE (Net Zero Emission) 2050 scenario does not cover all Group emissions, it has been supplemented by the IEA B2DS scenario. As a reminder, URW’s objectives are aligned with a 1.5°C trajectory. In addition, the IEA B2DS and IEA CPS (current policies scenario) scenarios have been used for operations and transport carbon reduction targets. The scenarios have been identified in order to help the Group assess and confirm its GHG emission reduction targets. They were selected specifically to assess the Group’s ability to achieve its GHG emission reduction targets by applying the levers already identified under different scenarios (feasibility analysis). They have also been used to ensure Group targets are in line with the expectations set forth in the Paris Agreement (ambition validation).
Report Date: 4Q2023Relevance: 85%
- Provide the total energy consumption in megawatt-hours (MWh) associated with your own operations, as required by Disclosure Requirement E1-5, including a breakdown of the energy mix.
-
Question Id: E1-5_01
The total energy consumption for 2023 is 592,830 MWh. Breakdown: Natural Gas (Scope 1) - 72,867 MWh, Electricity (Scope 2) - 362,734 MWh, District Heating and Cooling (Scope 2) - 157,229 MWh.
Report Date: 4Q2023Relevance: 50%
- Provide the total energy consumption in megawatt-hours (MWh) related to your own operations, specifically disaggregating the data to include the total energy consumption from fossil sources.
-
Question Id: E1-5_02
The total energy consumption from fossil sources in 2023 is 174,394 MWh.
Report Date: 4Q2023Relevance: 50%
- Provide the total energy consumption in megawatt-hours (MWh) related to your own operations, specifically disaggregating the total energy consumption from renewable sources.
-
Question Id: E1-5_05
The total energy consumption from renewable sources in 2023 is 418,437 MWh.
Report Date: 4Q2023Relevance: 50%
- Provide the total energy consumption in megawatt-hours (MWh) related to your own operations, specifically detailing the consumption of purchased or acquired electricity, heat, steam, and cooling from renewable sources.
-
Question Id: E1-5_07
The consumption of purchased or acquired electricity from renewable sources in 2023 is 349,255 MWh. The consumption of purchased or acquired heat, steam, and cooling from renewable sources is 55,706 MWh.
Report Date: 4Q2023Relevance: 80%
- Provide the total energy consumption in megawatt-hours (MWh) related to your own operations, specifically detailing the consumption of self-generated non-fuel renewable energy.
-
Question Id: E1-5_08
The consumption of self-generated non-fuel renewable energy in 2023 is 13,475 MWh.
Report Date: 4Q2023Relevance: 50%
- What is the percentage of renewable sources in your company's total energy consumption, as required under Disclosure Requirement E1-9? Ensure that the information provided aligns with the qualitative characteristics of useful information as outlined in ESRS 1 Appendix B. If applicable, present the data using the specified tabular format for high climate impact sectors, omitting rows (1) to (5) for other sectors.
-
Question Id: E1-5_09
The share of renewable sources in total energy consumption is 71%.
Report Date: 4Q2023Relevance: 50%
- Provide a detailed breakdown of your total energy consumption from fossil sources, specifically focusing on the consumption of purchased or acquired electricity, heat, steam, or cooling from these sources, as required by Disclosure Requirement E1-5 for undertakings operating in high climate impact sectors.
-
Question Id: E1-5_14
The consumption of purchased or acquired electricity, heat, steam, or cooling from fossil sources in 2023 is 101,527 MWh.
Report Date: 4Q2023Relevance: 20%
- Provide the percentage of energy consumption derived from fossil sources within your total energy consumption, as stipulated under Disclosure Requirement E1-9. This information should align with the qualitative characteristics of useful information as outlined in ESRS 1 Appendix B. If applicable, present this data using the tabular format specified for high climate impact sectors, omitting rows (1) to (5) for other sectors.
-
Question Id: E1-5_15
The share of fossil sources in total energy consumption is 29%.
Report Date: 4Q2023Relevance: 50%