Unibail-Rodamco-Westfield
Retail REITs
France
ESRS disclosure: E1-4_06
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- Has the undertaking established greenhouse gas emission reduction targets, and if so, are these targets disclosed in absolute values, either in tonnes of CO2 equivalent or as a percentage relative to a base year, and where applicable, in intensity values?
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Question Id: E1-4_06
URW commits to reach net zero GHG emissions across its value chain by 2050. URW has pledged to reduce its footprint by -90% in absolute terms by 2050 compared to 2015 and to neutralise residual emissions through high-quality and sustainable carbon removal actions. These efforts are compatible with a global 1.5°C pathway, the most ambitious objective of the Paris Agreement. URW's targets and net zero commitment cover the Group's retail (Shopping Centres) and Offices activities globally.
Report Date: 4Q2023Relevance: 85%