Provide a detailed account of how your organization's targets are aligned with the increase of circular product design, specifically addressing aspects such as design for durability, dismantling, reparability, and recyclability, as part of your resource use and circular economy strategy.

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In 2023, the sustainability guidelines were updated to apply to new developments and extension and renovation projects Group-wide. Requirements for large projects include obtaining BREEAM 'Excellent' for projects in Europe or LEED Gold in the US, using bio-sourced materials for structural elements, and integrating at least 2 circular economy 'concepts' from the Group's Circular Economy Framework. The Group commits to having 100% of its development projects integrate a circular economy design solution by 2025.

Unibail-Rodamco-Westfield

ESRS disclosure: E5-3_02

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