Unibail-Rodamco-Westfield
ESRS disclosure: E4-1_11
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- Provide a detailed account of how your organization contributes to addressing biodiversity and ecosystem impact drivers. Include potential mitigation actions aligned with the mitigation hierarchy, and specify any main path-dependencies and locked-in assets and resources, such as plants or raw materials, that are associated with changes in biodiversity and ecosystems. This information should be part of your transition plan and consideration of biodiversity and ecosystems within your strategy and business model, as required under Disclosure Requirement E4-6 regarding anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities.
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Question Id: E4-1_11
The Group's study identified impacts such as land artificialisation, degradation & fragmentation, degradation of habitats from material production, water consumption, wood and other bio-based material consumption, all greenhouse gases emissions, plant protection (phytosanitary) products, light pollution, single-use plastics used by tenants and visitors, and vegetation choice and maintenance. Dependencies include attractiveness (biophilia), climate regulation (trees cooling down space, vegetal areas reducing "urban heat islands", mitigating extreme weather events), risk mitigations (non-artificialised spaces absorbing rainwater), and resources supply (materials for construction, resources for tenants). These commitments are detailed in the following sections.
Report Date: 4Q2023Relevance: 85%