Unibail-Rodamco-Westfield
Retail REITs
France
ESRS disclosure: E4-1_15
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- Provide a detailed explanation of the management process for implementing and updating the transition plan, specifically in relation to anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities, as outlined in Disclosure Requirement E4-6 and E4-1.
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Question Id: E4-1_15
URW, through the implementation of its environmental management system ("EMS") and sustainability guidelines, ensures that all development projects, whatever their size or type, are designed in the most sustainable way in the long term and in accordance with the Group sustainability strategy. For each project, the EMS covers all 4 stages of the development process and involves several departments, notably Development, Security, Technical, Operations, Leasing and on-site shopping centre management teams.
Report Date: 4Q2023Relevance: 50%