Provide a detailed account of how your company's targets are aligned with the reversal of depletion of renewable resource stocks, as stipulated in Disclosure Requirement E5-3 concerning resource use and circular economy. Include specifics on how these targets address resource inflows and outflows, encompassing waste, products, and materials, with a particular focus on sustainable sourcing and utilization in accordance with the cascading principle.

Question

Accepted Answer

The Group's sustainability guidelines require the use of wood in URW's development projects to reduce embodied carbon emissions and increase carbon sinks. This follows the principle of the French Label bas Carbone methodology for buildings. Circular economy solutions, such as material reuse, are also considered to lead to carbon savings.

Unibail-Rodamco-Westfield

ESRS disclosure: E5-3_05

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