Unibail-Rodamco-Westfield
ESRS disclosure
Tags Tree
- Has your company established policies concerning affected communities that align with internationally recognized standards, such as the United Nations Guiding Principles on Business and Human Rights? Additionally, provide details on the extent to which any instances of non-compliance with these principles, the ILO Declaration on Fundamental Principles and Rights at Work, or the OECD Guidelines for Multinational Enterprises have been identified within your operations or throughout your value chain. If applicable, specify the nature of these cases.
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Question Id: S3-1_07
URW considers the impact on local communities as an opportunity for its activities. All of URW’s standing assets regularly engage in consultations with their local communities, as detailed in section 3.2.3.C.4 Processes for engaging with affected communities about impacts.
Report Date: 4Q2023Relevance: 60%
- Can you provide a detailed explanation of any significant changes made to the policies adopted during the reporting year, specifically in relation to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities? Include a description of the process for setting these targets, and specify whether and how your organization engaged directly with affected communities, their legitimate representatives, or credible proxies with insight into their situation. Ensure that the description includes key information necessary for a faithful representation of the policies related to affected communities, particularly highlighting any new or additional approaches to engagement, due diligence, and remedy.
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Question Id: S3-1_08
In 2023, URW managed to achieve the following key actions:
- A large majority of assets supported at least 1 local charity or NGO-sponsored long-term project;
- 787 social or environmental initiatives were organised in the Group’s centres across Continental Europe, the UK and the US to feed more than 2,600 jobs and qualifying certifications provided through the programme and more than 6,000 training hours provided; and
- The launch of the Group Volunteering Programme (see section 3.2.3.A.3.4 Inspiring our people by opening their mind to sustainability while caring).
Report Date: 4Q2023Relevance: 40%
- Provide a detailed account of the methods and channels used to communicate your policies to relevant individuals, groups, or entities. This includes those expected to implement the policies, such as employees, contractors, and suppliers, as well as those with a vested interest in their execution, like workers and investors. Include any communication tools utilized, such as flyers, newsletters, dedicated websites, social media, face-to-face interactions, or representatives. Additionally, describe any measures taken to ensure accessibility and comprehension of the policies, such as translations or graphic depictions, and explain how potential barriers to dissemination are identified and addressed.
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Question Id: S3-1_09
To understand sustainability perceptions, needs and expectations within the Group’s shopping centres, URW conducts customer surveys with the loyalty database since 2020 with a specific focus on sustainability-related topics. With the Westfield Brand Tracker, URW also tracks sustainability perceptions and expectations for those living within the catchments of Westfield branded assets, on a quarterly basis since the third quarter of 2022. Key takeaways and results from both programmes are leveraged to strengthen the Company’s customer actions.
Report Date: 4Q2023Relevance: 30%
- "Provide a detailed account of whether and how the perspectives of affected communities are integrated into your company's decision-making processes or activities concerning the management of actual and potential impacts on these communities. Include, where applicable, an explanation of the methods and processes employed for such engagement."
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Question Id: S3-2_01
URW regularly holds local communities’ consultation on its Community Resilience Action Plans implemented at asset level as well as meetings such as Safety Advisory Group meetings, annual transport plans and accessibility meetings. For development projects, from the early phases of planning to the final stages of delivery, URW ensures that local communities are not just considered, but actively consulted. This approach allows URW to understand the unique needs and aspirations of the community, ensuring that each project is tailored to its context. In addition to reinforcing the dialogue with local stakeholders, these processes enable the Group and each asset to improve the monitoring of its local involvement and enhance its positive impact for the communities. It also brought to light local innovative practices, which will be extended for a greater impact.
Report Date: 4Q2023Relevance: 85%
- Does the undertaking disclose the manner in which the perspectives of affected communities are integrated into its decision-making processes or activities concerning the management of actual and potential impacts on these communities? Specifically, does the engagement occur directly with the affected communities or their legitimate representatives, or is it conducted through credible proxies who possess insight into their situation?
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Question Id: S3-2_02
URW regularly holds local communities’ consultation on its Community Resilience Action Plans implemented at asset level as well as meetings such as Safety Advisory Group meetings, annual transport plans and accessibility meetings. For development projects, from the early phases of planning to the final stages of delivery, URW ensures that local communities are not just considered, but actively consulted. This approach allows URW to understand the unique needs and aspirations of the community, ensuring that each project is tailored to its context.
Report Date: 4Q2023Relevance: 85%
- Provide detailed information on the processes for engaging with affected communities regarding impacts. Specify whether and how the perspectives of these communities influence your decisions or activities in managing actual and potential impacts. Include an explanation of the stage(s) at which engagement occurs, the type of engagement, and the frequency of the engagement.
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Question Id: S3-2_03
URW regularly holds local communities’ consultation on its Community Resilience Action Plans implemented at asset level as well as meetings such as Safety Advisory Group meetings, annual transport plans and accessibility meetings. For development projects, from the early phases of planning to the final stages of delivery, URW ensures that local communities are not just considered, but actively consulted. This approach allows URW to understand the unique needs and aspirations of the community, ensuring that each project is tailored to its context.
Report Date: 4Q2023Relevance: 85%
- Provide a detailed account of the processes your organization employs to engage with affected communities regarding impacts. Specifically, disclose whether and how the perspectives of these communities are integrated into your decision-making or activities aimed at managing actual and potential impacts. Include an explanation of how your organization assesses the effectiveness of its engagement with affected communities, detailing any relevant agreements or outcomes that have resulted from these engagements.
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Question Id: S3-2_05
URW regularly holds local communities’ consultation on its Community Resilience Action Plans implemented at asset level as well as meetings such as Safety Advisory Group meetings, annual transport plans and accessibility meetings. For development projects, from the early phases of planning to the final stages of delivery, URW ensures that local communities are not just considered, but actively consulted. This approach allows URW to understand the unique needs and aspirations of the community, ensuring that each project is tailored to its context. In addition to reinforcing the dialogue with local stakeholders, these processes enable the Group and each asset to improve the monitoring of its local involvement and enhance its positive impact for the communities. It also brought to light local innovative practices, which will be extended for a greater impact.
Report Date: 4Q2023Relevance: 85%
- Provide a detailed account of the measures implemented to understand the viewpoints of affected communities, particularly those that are vulnerable to impacts or marginalized. Include insights into specific groups within these communities, such as women and girls, as per Disclosure Requirement S3-2.
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Question Id: S3-2_06
URW is committed to improving its influence on a local scale. By measuring its social impact, URW strives to understand the aggregate impacts of its work and collaborate with local communities to achieve greater change. This process is crucial for URW to ensure that its operations are not only profitable but also beneficial to the communities in which it operates.
Report Date: 4Q2023Relevance: 40%
- Has the undertaking adopted a general process for engaging with affected communities regarding impacts? If not, disclose this fact and provide a timeframe within which the undertaking aims to establish such a process.
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Question Id: S3-2_09
URW regularly holds local communities’ consultation on its Community Resilience Action Plans implemented at asset level as well as meetings such as Safety Advisory Group meetings, annual transport plans and accessibility meetings. For development projects, from the early phases of planning to the final stages of delivery, URW ensures that local communities are not just considered, but actively consulted.
Report Date: 4Q2023Relevance: 85%
- Provide a detailed description of your organization's general approach and processes for offering or contributing to remedies when it has been identified that your organization has caused or contributed to a material negative impact on affected communities. Include an explanation of whether and how your organization evaluates the effectiveness of the remedies provided.
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Question Id: S3-3_10
URW considers the impact on local communities as an opportunity for its activities. All of URW’s standing assets regularly engage in consultations with their local communities, as detailed in section 3.2.3.C.4 Processes for engaging with affected communities about impacts.
Report Date: 4Q2023Relevance: 40%