Unibail-Rodamco-Westfield
Retail REITs
France
ESRS disclosure: E1-7_01
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- Provide a detailed account of the greenhouse gas (GHG) removals and storage, measured in metric tonnes of CO2 equivalent, that have resulted from projects developed within your own operations or those to which you have contributed within your upstream and downstream value chain.
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Question Id: E1-7_01
In relation to URW carbon neutrality strategy, URW is committed to increasing the level of avoided emissions within and outside of its value chain. The table presents the main current mitigation projects led by URW:
Projects Type of project Scope Timeline of implementation Expected impact (in tCO2e) Energy retrofit of Gaïté development project Energy retrofit Within URW value chain 2022-2023 (delivery) 575 tCO2e/year from 2023 onwards Westfield Hamburg-Uberseequartier Regeneration project Within URW value chain Delivery expected by 2024 Calculations ongoing by external experts Climate fund for Nature (MIROVA) – based on a contractual agreement Forest and mangrove conservation projects Outside URW value chain 2024-2042 250,000 In addition, URW is working on a Group methodology to harmonise the calculation of avoided emissions for several additional projects such as the implementation of EV chargers, the energy valorisation of waste, the sale of on-site renewable energy to the grid and parking services for car sharing.
Report Date: 4Q2023Relevance: 80%