Unibail-Rodamco-Westfield
Retail REITs
France
ESRS disclosure: E4-5_07
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- Has the undertaking determined that it directly contributes to impact drivers such as land-use change, freshwater-use change, or sea-use change? If so, report the relevant metrics that measure changes in the spatial configuration of the landscape, including fragmentation of habitats and changes in ecosystem connectivity.
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Question Id: E4-5_07
The preliminary studies of the Group biodiversity strategy showed that one of the main drivers of biodiversity loss, according to the 2019 IPBES report, is the change in land use. It also showed that real estate companies play a major role in this driver due to the artificialisation, degradation and fragmentation of land operated in greenfield projects.
Report Date: 4Q2023Relevance: 65%