Provide a detailed explanation of the methods employed to ensure that the baseline value, used for measuring progress towards climate change mitigation and adaptation targets, accurately represents the activities covered and accounts for external influences. Include considerations such as temperature anomalies affecting energy consumption and related greenhouse gas emissions. Specify whether normalization of the baseline value or the use of a 3-year average was applied to enhance representativeness and achieve a more faithful representation.

Question

Accepted Answer

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.

Unibail-Rodamco-Westfield

ESRS disclosure: E1-4_20

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