Unibail-Rodamco-Westfield
ESRS disclosure: GOV-2_03
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- Provide a comprehensive list of the material impacts, risks, and opportunities that have been addressed by the administrative, management, and supervisory bodies, or their relevant committees, during the reporting period.
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Question Id: GOV-2_03
Sustainability is a core component of URW’s strategy and is at the heart of the Group business model. Sustainability topics are addressed at the SB level in plenary sessions, given its importance and the willingness to associate all SB members in these discussions. Sustainability updates are shared before each SB meeting, and ESG is discussed in depth throughout the year in the presence of the MB and the Group Director of Sustainability, including during the annual strategic seminar, the onboarding programmes of both the SB and MB, and as often as necessary during trainings. In 2023, the SB and the MB respectively met between 6 and 12 times to discuss topics linked to the Better Places roadmap. In 2023, the SB dedicated half a day to a sustainability roadmap workshop where the SB and the MB discussed (i) URW’s ambition to embed sustainability at the core of its business model, (ii) sustainability performance against existing targets as well as credenda to lead the environment transition, (iii) ongoing transformation and concrete achievements, (iv) the key building blocks of the updated Better Places roadmap and (v) Group sustainability governance.
Report Date: 4Q2023Relevance: 60%