Provide a detailed account of your company's operations and elucidate the measures being undertaken to address material impacts within your upstream and downstream value chain, as identified in your materiality assessment, in accordance with ESRS 2 IRO-1. This should be included as part of your disclosure on anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities, and should align with your transition plan and consideration of biodiversity and ecosystems in your strategy and business model.

Question

Accepted Answer

The Group applies a pragmatic approach on biodiversity to its standing assets. Assets are considered HBS if located within 1.5 km from a protected area in Europe. The Group's BREEAM In-Use certification policy ensures that biodiversity issues are well addressed and promoted to achieve high standards. The Group also works across its shopping centres to raise awareness among its stakeholders about the importance of biodiversity. The sustainability team monitors the application of the Group's biodiversity policy and provides operating teams with the necessary support.

Unibail-Rodamco-Westfield

ESRS disclosure: E4-1_09

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