Unibail-Rodamco-Westfield
Retail REITs
France
ESRS disclosure: IRO-1_04
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- Provide a comprehensive description of the process your organization employs to identify, assess, prioritize, and monitor potential and actual impacts on people and the environment. This should be informed by your due diligence process and include an explanation of whether and how this process considers impacts arising from your own operations or as a result of your business relationships.
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Question Id: IRO-1_04
The purpose of these interviews was to proactively introduce the subjects identified for the materiality analysis, and to discern which areas URW should prioritise. This prioritisation took into account both the impact and financial perspectives previously mentioned. The goal was to ensure that URW’s focus aligns with the most significant topics from a sustainability and economic standpoint.
Following the consolidation of the final results, URW shared a detailed presentation and explanation of the double materiality analysis’ methodology with the AC. This included a clear explanation of the differences between the former simple materiality analysis and the new double materiality analysis.
Report Date: 4Q2023Relevance: 50%