Unibail-Rodamco-Westfield
Retail REITs
France
ESRS disclosure: E4-3_16
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- Provide detailed information regarding the anticipated financial effects stemming from material biodiversity and ecosystem-related risks and opportunities, as outlined in Disclosure Requirement E4-6. Additionally, describe the actions and resources related to biodiversity and ecosystems, in accordance with Disclosure Requirement E4-3. Specifically, elucidate how your organization contributes to systemwide change, particularly in altering the drivers of biodiversity and ecosystem change. This may include technological, economic, institutional, and social factors, as well as changes in underlying values and behaviors. Include any relevant information about the project, its sponsors, and other participants involved.
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Question Id: E4-3_16
Anticipated financial effects from the consideration of biodiversity in development projects are in line with the estimates presented in section 3.2.2.A.4.2 Disclosure requirements in ESRS covered by the undertaking’s Sustainability Statement. Actions and resources related to biodiversity and ecosystems are listed in the table on page 201, including policies like the Group Biodiversity Strategy and GHG emissions reduction policy.
Report Date: 4Q2023Relevance: 60%