Provide detailed information regarding the company's GHG removals and storage activities, specifically focusing on GHG mitigation projects financed through carbon credits, as mandated by Disclosure Requirement E1-7. Include all relevant data as specified in paragraph 56 (a), where applicable.

Question

Accepted Answer

URW is committed to increasing the level of avoided emissions within and outside of its value chain. The main current mitigation projects led by URW include:
Energy retrofit of Gaïté development project: Energy retrofit within URW value chain, expected impact of 575 tCO2e/year from 2023 onwards.
Westfield Hamburg-Uberseequartier: Regeneration project within URW value chain, calculations ongoing by external experts.
Climate fund for Nature (MIROVA): Forest and mangrove conservation projects outside URW value chain, expected impact of 250,000 tCO2e from 2024 to 2042.

Unibail-Rodamco-Westfield

ESRS disclosure: E1-7_03

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