Provide a detailed account of the climate change mitigation actions undertaken and planned, categorized by decarbonisation lever, including the incorporation of nature-based solutions, as required under Disclosure Requirement E1-3 concerning actions and resources related to climate change policies.

Question

Accepted Answer

URW's climate change mitigation actions include:
Energy Efficiency: Targets to reduce energy intensity by 50% by 2030 compared to 2015 levels.
Energy Mix: Transition to renewable energy sources, aiming for 100% renewable electricity for common areas and encouraging tenants to do the same.
Fugitive Emissions: Implementation of measures to reduce refrigerant fluid leakage.
Construction: Reducing carbon intensity from construction by 35% by 2030 compared to 2015 levels.
Transport: Increasing the share of visitors using sustainable transport means, with a target of 80% by 2030.
Nature-Based Solutions: Projects like the Climate fund for Nature (MIROVA) focusing on forest and mangrove conservation.
These actions are part of URW's commitment to reach net zero GHG emissions across its value chain by 2050, with a 90% reduction in absolute terms by 2050 compared to 2015.

Unibail-Rodamco-Westfield

ESRS disclosure: E1-3_01

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