Provide a detailed description of the application of circular business practices within your organization. Specifically, outline any actions and resources dedicated to the following areas: (i) value retention actions, including maintenance, repair, refurbishing, remanufacturing, component harvesting, upgrading, reverse logistics, closed loop systems, and second-hand retailing; (ii) value maximisation actions, such as product-service systems and collaborative and sharing economy business models; (iii) end-of-life actions, including recycling, upcycling, and extended producer responsibility; and (iv) systems efficiency actions, such as industrial symbiosis. Ensure that your response aligns with the requirements set forth in Disclosure Requirement E5-2 and ESRS 2 MDR-A.

Question

Accepted Answer

URW is committed to ensuring responsibility in its upstream supply chain. The Sustainability Brief and the Considerate Construction Charter specify that 100% of timber used in development, extension, and renovation projects must be from certified, sustainably managed forests. The Group aims to obtain 'post-construction' final certification according to the BREEAM or LEED standards for as many projects as possible. Waste management improvement includes tenant awareness raising, signage on waste bins, sharing best practices, and highlighting the importance of proper sorting material.

Unibail-Rodamco-Westfield

ESRS disclosure: E5-2_04

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