Unibail-Rodamco-Westfield
Retail REITs
France
ESRS disclosure: E1-7_04
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- Provide a detailed disclosure of the total amount of GHG removals and storage, expressed in metric tonnes of CO2 equivalent. This information should be disaggregated and separately disclosed for the undertaking's own operations as well as its upstream and downstream value chain. Additionally, break down the data by removal activity, as required by Disclosure Requirement E1-7 concerning GHG removals and GHG mitigation projects financed through carbon credits.
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Question Id: E1-7_04
Details of GHG removal projects:
- Renaturation projects in URW shopping centres: Land-use change – Nature-based project within URW value chain, 2023-2030, not quantified.
- Development project using timber: Biogenic within URW shopping centres, 2023-2030, not quantified.
- Climate fund for Nature (MIROVA): Land-use change – Forest and mangrove restoration, agroforestry, soil carbon and regenerative agriculture, outside URW value chain, 2024-2042, expected impact of 598,000 in total.
- Nature impact fund (WWF): Forest restoration in France, outside URW value chain, 2023-2033, will be quantified in later years.
Report Date: 4Q2023Relevance: 50%