Unibail-Rodamco-Westfield
Retail REITs
France
ESRS disclosure: E1-4_19
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- Has the undertaking set GHG emission reduction targets, and if so, what is the current base year and baseline value? Additionally, from 2030 onwards, has the undertaking updated the base year for its GHG emission reduction targets every five years? Furthermore, is there any past progress made in meeting these targets before the current base year, and is this information consistent with the requirements of this Standard?
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Question Id: E1-4_19
For each of those targets and sub-targets, URW: Has selected a strong and robust baseline, the year 2015, to reflect the improvements in terms of carbon reduction compared to a common year of all our targets; Has a carbon trajectory model built by combining internal and external levers, and relying on hypothesis from external decarbonation scenarios. The models also consider the impact of future internal activity based on hypothesis; Has identified and quantified the levers and associated level to reach the expected reduction; and Has quantified the costs related to the environmental transition.
Report Date: 4Q2023Relevance: 60%