Unibail-Rodamco-Westfield
ESRS disclosure: ESRS E3 \ DR E3.IRO-1
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- Provide a detailed account of the processes employed to identify and assess material impacts, risks, and opportunities related to water and marine resources. Specify whether and how your organization has conducted a screening of its assets and activities to determine actual and potential impacts, risks, and opportunities concerning water and marine resources within its operations and throughout its upstream and downstream value chain. Additionally, disclose the methodologies, assumptions, and tools utilized in this screening process.
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Question Id: E3.IRO-1_01
The processes to identify and assess material impacts, risks, and opportunities related to water and marine resources are described in sections 3.2.1.D.1 and 6.1.2 Group Enterprise Risk Management framework. The Group is taking active steps to limit water consumption, reduce water waste, and maintain water quality. Water-stressed areas are defined according to the WWF Water Risk Filter, using the water scarcity risk KPI. For assets located in these areas, the reuse of water is a priority to limit the consumption of municipal water. The Group also started rolling out water-connected submeters to better monitor water consumption and installed hourly controlled valves to reduce leak risks. Consultations with tenants are conducted to reduce water consumption.
Report Date: 4Q2023Relevance: 80%
- Provide a detailed description of the processes your company employs to identify and assess material impacts, risks, and opportunities related to water and marine resources. Include information on whether consultations have been conducted, specifically with affected communities, and elaborate on the methods used for these consultations.
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Question Id: E3.IRO-1_02
The processes to identify and assess material impacts, risks, and opportunities related to water and marine resources are described in sections 3.2.1.D.1 and 6.1.2 Group Enterprise Risk Management framework. The Group is taking active steps to limit water consumption, reduce water waste, and maintain water quality. Water-stressed areas are defined according to the WWF Water Risk Filter, using the water scarcity risk KPI. For assets located in these areas, the reuse of water is a priority to limit the consumption of municipal water. The Group also started rolling out water-connected submeters to better monitor water consumption and installed hourly controlled valves to reduce leak risks. Consultations with tenants are conducted to reduce water consumption.
Report Date: 4Q2023Relevance: 65%