Indicate the metrics and methodologies utilized to measure progress within the transition plan concerning biodiversity and ecosystems, as required by Disclosure Requirement E4-6 regarding anticipated financial effects from material biodiversity and ecosystem-related risks and opportunities, and Disclosure Requirement E4-1 concerning the integration of biodiversity and ecosystems in the strategy and business model.

Question

Accepted Answer

All concerned projects started from 2022 onwards will use the "Biodiversity Metric 3.0" methodology, created by the Department for Environment, Food and Rural Affairs in the UK ("DEFRA"). This methodology was created to "calculate a biodiversity baseline and to forecast biodiversity losses and gains on site or off site resulting from development or land management changes", according to DEFRA.

Unibail-Rodamco-Westfield

ESRS disclosure: E4-1_16

Tags Tree