Unibail-Rodamco-Westfield
Retail REITs
France
ESRS disclosure: E1-7_23
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- Provide a detailed explanation of how any public claims of GHG neutrality, which involve the use of carbon credits, do not impede or reduce the achievement of your company's GHG emission reduction targets or, if applicable, its net zero target.
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Question Id: E1-7_23
URW is committed to permanently neutralising residual emissions at the net zero target year and GHG emissions released into the atmosphere thereafter. URW will continue exploring opportunities to deal with its Scope 3 residual emissions (for 2050 onwards) prioritising removals within its own value chain. URW does not and will not rely on GHG removal credits nor GHG avoidance credits to reach its GHG carbon reduction targets. Those credits will always be counted separately from the Group’s own GHG emissions.
Report Date: 4Q2023Relevance: 85%