Provide detailed information regarding the types of contractual instruments utilized for the sale and purchase of energy, including those bundled with attributes related to energy generation or for unbundled energy attribute claims. This disclosure should align with the requirements outlined in Disclosure Requirement E1-9, focusing on the anticipated financial effects from material physical and transition risks, as well as potential climate-related opportunities. Ensure that the information adheres to the qualitative characteristics of useful information as specified in ESRS 1 Appendix B. Additionally, when calculating gross Scope 2 GHG emissions, apply both the location-based and market-based methods, and disclose the share and types of contractual instruments accordingly.

Question

Accepted Answer

URW relies on the following strategies for reducing Scope 2 emissions: - Purchase electricity from renewable energy sources through power purchasing agreements (PPAs) or covered by Guarantees of Origins (EU) and Renewable Energy Certificates (US). - Set an ambitious energy intensity reduction target of -50% in 2030 compared to 2015 in kWh/sqm. - Tendential decarbonisation of local networks.

Unibail-Rodamco-Westfield

ESRS disclosure: E1-6_23

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