Unibail-Rodamco-Westfield
ESRS disclosure: S1-1_20
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- Does the undertaking maintain current records on recruitment, training, and promotion that transparently reflect opportunities for employees and their career progression within the organization?
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Question Id: S1-1_20
The People Performance Programme aims at fostering regular feedback within the Company and encouraging self-development and objective thinking all year long. The cornerstone of the programme remains a 360-degree feedback approach, now happening in June, where every employee can benefit from the evaluation of their annual performance by their direct manager and receive feedback from colleagues, direct reports (if any) and functional managers/reports (if any). The 360-degree feedback is based on the corporate values of Boldness, Excellence, Teamwork, Ethics, Passion and Ownership. Year-end reviews are carried out in a committee setting with presence of key leaders in the organisation to ensure fairness and consistency in evaluating performance cross-functionally. The programme results in an in-depth discussion of employees’ annual performance, potential for professional growth and retention. 2,048 employees have been reviewed within the People Performance Programme at the end of 2023 (scope: employees hired before September 30 on a long-term contract).
Report Date: 4Q2023Relevance: 60%