Unibail-Rodamco-Westfield
ESRS disclosure: S1-3_01
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- What is your organization's general approach and the processes implemented to provide or contribute to a remedy in instances where your company has caused or contributed to a material negative impact on individuals within your own workforce? Additionally, detail whether and how your organization evaluates the effectiveness of the remedies provided.
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Question Id: S1-3_01
Through its Code of Ethics, URW is committed to strong ethical core values when it comes to how the Group conducts its day-to-day business in an ethical, transparent and fair manner. The Group has a "zero tolerance" principle against all forms of unethical practices, such as inappropriate, disrespectful or unlawful behaviour, harassment, discrimination, corruption, bribery, influence peddling and human rights violations. The Group's compliance policies and procedures are founded on a risk-based approach, in line with the industry and operational compliance risks. Procedures are put in place to guide URW's employees in the implementation of the policies. At URW, every employee is an ambassador of ethics and compliance values and rules. The promotion of compliance awareness through a "tone from the top" is an approach followed by the senior leadership as an acknowledgement of the important role of ethics and compliance in the Group business and to the collective commitment to do the right thing.
A European Diversity Charter has been promoted throughout the Group since 2012 to fight all forms of discrimination and harassment. In line with its Health and Safety Statement, in cases where a near-miss or an accident took place, URW has established communication channels that allow employees to report issues and seek remedy. URW ensures open access to report accidents, near-misses, and potential instances of non-compliance and related procedures for investigation and appropriate corrective actions to the local H&S correspondent, the relevant manager or the local People teams.
Report Date: 4Q2023Relevance: 60%