Provide a detailed account of the calculation assumptions, methodologies, and frameworks applied by your organization concerning GHG removals and storage, as mandated by Disclosure Requirement E1-7, specifically regarding GHG removals and GHG mitigation projects financed through carbon credits, as outlined in paragraph 56 (a).

Question

Accepted Answer

URW will provide any details on the removal or avoidance projects and the associated calculation assumptions, methodologies and frameworks applied where these advanced and specific information is made available. The projects include:
Renaturation projects in URW shopping centres: Land-use change – Nature-based project within URW value chain, 2023-2030.
Development project using timber: Biogenic within URW shopping centres, 2023-2030.
Climate fund for Nature (MIROVA): Land-use change – Forest and mangrove restoration, agroforestry, soil carbon and regenerative agriculture, outside URW value chain, 2024-2042.
Nature impact fund (WWF): Forest restoration in France, outside URW value chain, 2023-2033.

Unibail-Rodamco-Westfield

ESRS disclosure: E1-7_08

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