Unibail-Rodamco-Westfield
ESRS disclosure: ESRS S1 \ DR S1-4
Tags Tree
- Provide a detailed account of the actions taken, planned, or currently underway to prevent or mitigate any material negative impacts on your own workforce. Include approaches to managing material risks and pursuing material opportunities related to your workforce, as well as an assessment of the effectiveness of these actions.
-
Question Id: S1-4_01
URW is committed to upholding the highest standards of human rights and labor rights protections, ensuring that every individual within URW's sphere of influence is treated with dignity and respect. URW complies with the core conventions and labor standards set by the ILO and is aligned with the OECD Guidelines for Multinational Enterprises. Specific frameworks set up by the Group define and manage additional rules that reinforce employee rights and endorse respect and ethical conduct in business dealings. Internal procedures are in place to anticipate, identify, and prevent any infringement on employees' human rights and freedoms. These include, for instance, clear rules against any form of discrimination along with anti-harassment and anti-bullying practices including a whistleblowing hotline accessible 24/7 to all employees. URW prohibits any form of forced labor or child labor in any part of its business operations or supply chain, with dedicated due diligence mechanisms. Regular audits and continuous improvement efforts across the Group's supply chain demonstrate indeed URW's dedication to transparency and ethical labor practices.
Report Date: 4Q2023Relevance: 65%
- Has the undertaking taken action to provide or enable remedy concerning an actual material impact on its own workforce, and if so, how has this been accomplished?
-
Question Id: S1-4_02
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 protocols for investigation and appropriate corrective actions to the local H&S correspondent, the relevant manager or the local People teams. 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 acknowledgment of the important role of ethics and compliance in the Group business and to the collective commitment to do the right thing.
Report Date: 4Q2023Relevance: 85%
- Provide a detailed description of any additional initiatives or actions implemented by your organization with the primary purpose of delivering positive impacts for your own workforce, in accordance with Disclosure Requirement S1-4, which pertains to addressing material impacts, managing material risks, and pursuing material opportunities related to your workforce, as well as evaluating the effectiveness of these actions.
-
Question Id: S1-4_03
The Group has a Diversity & Inclusion framework - Be You at URW - which is embedded through the Be You at URW Charter, signed by all MB and EC members. This includes a commitment to have 40% or more of senior positions occupied by women by 2025, and Diversity & Inclusion objectives in the STI and LTI plans for all MB and EC members. In 2023, the Group progressed towards its gender diversity goals, with 42.5% share of women in senior roles in 2023 compared to 39% in 2022. URW commits to ensuring full equal opportunities in HR practices and processes Group-wide. This target has been achieved as 100% of URW regions ensure full equal opportunities in their HR practices and processes since 2019 by having the URW Equal Opportunity Statement included in formalised HR policies relating to recruitment practices, compensation and benefits, talent reviews, and employee development. The URW Equal Opportunity Statement ensures that the HR policy and processes are applied without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, marital status, age, disability, national or ethnic origin, military service status, citizenship, or other protected characteristics.
Report Date: 4Q2023Relevance: 85%
- Provide a detailed description of the methods employed by your organization to track and assess the effectiveness of actions and initiatives aimed at delivering outcomes for your own workforce, as per Disclosure Requirement S1-4 concerning material impacts, risks, and opportunities related to your workforce.
-
Question Id: S1-4_04
The Group Employee Pulse Survey is a valuable tool for URW to gauge the sentiment of its employees and identify areas for improvement. 80% of employees participated in the survey in 2023, providing feedback on various topics such as well-being support and improving ways of working. The survey results are analyzed to identify trends and areas of concern. If the survey results indicate a decline in employee well-being, URW can investigate the causes and implement corrective actions. These might include introducing new wellness programs, providing additional resources for mental health, or making changes to the work environment. The increase in positive sentiment toward well-being at URW by 5% from 2022 to 2023 indicates that the actions taken by URW in response to previous survey results have been effective. This continuous feedback loop allows URW to continually adapt and improve its approach to employee well-being. In this way, the Employee Pulse Survey serves as one of the key instruments for URW to adopt corrective actions and enhance its well-being approach for its employees. It ensures that the voices of employees are heard and that their feedback is actively considered for the improvement of the workplace.
Report Date: 4Q2023Relevance: 80%
- Provide a detailed description of the processes your organization employs to identify necessary and appropriate actions in response to actual or potential negative impacts on your workforce, as per Disclosure Requirement S1-4.
-
Question Id: S1-4_05
URW'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 acknowledgment of the important role of ethics and compliance in the Group business and to the collective commitment to do the right thing. 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 protocols for investigation and appropriate corrective actions to the local H&S correspondent, the relevant manager or the local People teams.
Report Date: 4Q2023Relevance: 65%
- What actions are currently planned or underway to mitigate material risks arising from the impacts and dependencies on your own workforce, and how is the effectiveness of these actions being tracked in practice?
-
Question Id: S1-4_06
URW is committed to upholding the highest standards of human rights and labor rights protections, ensuring that every individual within URW's sphere of influence is treated with dignity and respect. URW complies with the core conventions and labor standards set by the ILO and is aligned with the OECD Guidelines for Multinational Enterprises. Specific frameworks set up by the Group define and manage additional rules that reinforce employee rights and endorse respect and ethical conduct in business dealings. Internal procedures are in place to anticipate, identify, and prevent any infringement on employees' human rights and freedoms. These include, for instance, clear rules against any form of discrimination along with anti-harassment and anti-bullying practices including a whistleblowing hotline accessible 24/7 to all employees. URW prohibits any form of forced labor or child labor in any part of its business operations or supply chain, with dedicated due diligence mechanisms. Regular audits and continuous improvement efforts across the Group's supply chain demonstrate indeed URW's dedication to transparency and ethical labor practices.
Report Date: 4Q2023Relevance: 60%
- What actions are currently planned or being implemented to pursue material opportunities concerning your own workforce?
-
Question Id: S1-4_07
The Group has a Diversity & Inclusion framework - Be You at URW - which is embedded through the Be You at URW Charter, signed by all MB and EC members. This includes a commitment to have 40% or more of senior positions occupied by women by 2025, and Diversity & Inclusion objectives in the STI and LTI plans for all MB and EC members. In 2023, the Group progressed towards its gender diversity goals, with 42.5% share of women in senior roles in 2023 compared to 39% in 2022. URW commits to ensuring full equal opportunities in HR practices and processes Group-wide. This target has been achieved as 100% of URW regions ensure full equal opportunities in their HR practices and processes since 2019 by having the URW Equal Opportunity Statement included in formalised HR policies relating to recruitment practices, compensation and benefits, talent reviews, and employee development. The URW Equal Opportunity Statement ensures that the HR policy and processes are applied without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, marital status, age, disability, national or ethnic origin, military service status, citizenship, or other protected characteristics.
Report Date: 4Q2023Relevance: 90%
- Provide a detailed account of whether and how your organization ensures that its practices do not cause or contribute to material negative impacts on its own workforce. Include relevant practices related to procurement, sales, and data use. Additionally, describe the approach taken when tensions arise between preventing or mitigating material negative impacts and other business pressures.
-
Question Id: S1-4_08
URW is committed to upholding the highest standards of human rights and labor rights protections, ensuring that every individual within URW's sphere of influence is treated with dignity and respect. URW complies with the core conventions and labor standards set by the ILO and is aligned with the OECD Guidelines for Multinational Enterprises. Specific frameworks set up by the Group define and manage additional rules that reinforce employee rights and endorse respect and ethical conduct in business dealings. Internal procedures are in place to anticipate, identify, and prevent any infringement on employees' human rights and freedoms. These include, for instance, clear rules against any form of discrimination along with anti-harassment and anti-bullying practices including a whistleblowing hotline accessible 24/7 to all employees. URW prohibits any form of forced labor or child labor in any part of its business operations or supply chain, with dedicated due diligence mechanisms. Regular audits and continuous improvement efforts across the Group's supply chain demonstrate indeed URW's dedication to transparency and ethical labor practices.
Report Date: 4Q2023Relevance: 65%
- What resources are allocated by your undertaking to manage its material impacts on its own workforce, including the approaches to managing material risks and pursuing material opportunities, and how effective are these actions?
-
Question Id: S1-4_09
URW is committed to upholding the highest standards of human rights and labor rights protections, ensuring that every individual within URW's sphere of influence is treated with dignity and respect. URW complies with the core conventions and labor standards set by the ILO and is aligned with the OECD Guidelines for Multinational Enterprises. Specific frameworks set up by the Group define and manage additional rules that reinforce employee rights and endorse respect and ethical conduct in business dealings. Internal procedures are in place to anticipate, identify, and prevent any infringement on employees' human rights and freedoms. These include, for instance, clear rules against any form of discrimination along with anti-harassment and anti-bullying practices including a whistleblowing hotline accessible 24/7 to all employees. URW prohibits any form of forced labor or child labor in any part of its business operations or supply chain, with dedicated due diligence mechanisms. Regular audits and continuous improvement efforts across the Group's supply chain demonstrate indeed URW's dedication to transparency and ethical labor practices.
Report Date: 4Q2023Relevance: 60%
- Please provide detailed information regarding the identified cases of severe human rights incidents, such as forced labor, human trafficking, or child labor, as per Disclosure Requirement S1-17. Additionally, outline the general and specific approaches your undertaking employs to address material negative impacts on your workforce, in accordance with Disclosure Requirement S1-4. Include an assessment of the effectiveness of these actions, considering the time it may take to understand and respond to such impacts.
-
Question Id: S1-4_10
In 2023, there have been no incidents, complaints or severe human rights impacts within URW's operations and workforce. URW will strive to continuously strengthen its internal prevention and mechanisms and commitment to human rights. The Group operates in geographies such as the European Union, the UK and the US, which offer strict human rights protections. These jurisdictions have stringent regulations and standards that the Group adheres to, ensuring the rights of all individuals involved in its operations are respected and protected. URW's proactive approach and adherence to these high standards, complemented by URW's Human Rights Policy and Anti-Slavery and Human Trafficking Policy, have enabled the Group to maintain a robust human rights record.
Report Date: 4Q2023Relevance: 60%