Unibail-Rodamco-Westfield
ESRS disclosure: ESRS S1 \ DR S1.SBM-3
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- Does the undertaking ensure that all individuals within its own workforce, who may be materially impacted by the undertaking, are encompassed within the scope of disclosure as mandated by ESRS 2? This encompasses impacts arising from the undertaking's operations, value chain, products, services, and business relationships. Furthermore, please provide the requisite information as specified.
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Question Id: S1.SBM-3_01
URW recognises that its workforce is a key asset and the impacts, risks and opportunities associated with it are closely linked to the Company's strategy and business model.
Report Date: 4Q2023Relevance: 45%
- Does the undertaking include all individuals within its workforce who may be materially impacted by its operations in the scope of its disclosure under ESRS 2? Provide a concise description of the types of employees and non-employees within your workforce who are subject to material impacts. Specify whether these individuals are employees, self-employed, or provided by third-party undertakings primarily engaged in employment activities. Ensure that the disclosure encompasses impacts connected with the undertaking’s operations, value chain, products, services, and business relationships.
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Question Id: S1.SBM-3_02
The Group's workforce, operating across 13 countries, is enriched by the diversity of self-employed contractors. However, due to the vast geographical spread and the nature of their engagement, tracking individual contractor information on a global scale is not yet feasible.
Report Date: 4Q2023Relevance: 50%
- Has the undertaking ensured that all individuals within its own workforce who may experience material impacts are encompassed within the scope of disclosure as per ESRS 2 SBM-3? Furthermore, does the undertaking provide information on whether any material negative impacts are either widespread or systemic in the operational contexts, such as instances of child labor or forced labor in specific non-EU regions, or are they related to individual incidents like industrial accidents or oil spills?
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Question Id: S1.SBM-3_03
URW interacts with a diverse range of value chain workers. These workers can be categorised as follows: Workers in URW's upstream value chain, Workers in URW's downstream value chain.
Report Date: 4Q2023Relevance: 30%
- Provide a detailed account of the activities within your organization that lead to material positive impacts. Specify the categories of employees and non-employees within your workforce who are positively affected or have the potential to be positively affected by these activities. Additionally, indicate whether these positive impacts are localized to specific countries or regions.
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Question Id: S1.SBM-3_04
In 2023, more than half of the Group’s employees volunteered to support local communities where the Group operates. This represents 9,025 volunteering hours delivered by URW employees.
Report Date: 4Q2023Relevance: 60%
- Does the undertaking include all individuals within its own workforce who may be materially impacted in the scope of its disclosure under ESRS 2, as per paragraph 48? Furthermore, provide a detailed account of any material risks and opportunities that arise from impacts and dependencies on the undertaking's own workforce, considering the undertaking's operations, value chain, products, services, and business relationships.
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Question Id: S1.SBM-3_05
URW recognises that its workforce is a key asset and the impacts, risks and opportunities associated with it are closely linked to the Company's strategy and business model.
Report Date: 4Q2023Relevance: 60%
- Does the undertaking's disclosure under ESRS 2 encompass all individuals within its workforce who could be materially impacted by the company's operations, including those within its value chain and business relationships? Specifically, provide detailed information on any material impacts on the workforce that may result from transition plans aimed at minimizing environmental harm and achieving climate-neutral operations. This should include impacts related to the undertaking's strategies and actions to reduce carbon emissions in accordance with international agreements, addressing potential restructuring, employment loss, as well as opportunities for job creation and workforce reskilling or upskilling.
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Question Id: S1.SBM-3_06
In 2023, more than half of the Group’s employees volunteered to support local communities where the Group operates. This represents 9,025 volunteering hours delivered by URW employees.
Report Date: 4Q2023Relevance: 10%
- Does the undertaking include all individuals within its workforce who could be materially impacted by its operations in the scope of its disclosure under ESRS 2, specifically concerning material impacts, risks, and opportunities as outlined in ESRS 2 SBM-3? Furthermore, provide detailed information regarding operations that are at significant risk of incidents of forced labour or compulsory labour, specifying the type of operation, such as a manufacturing plant.
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Question Id: S1.SBM-3_07
URW interacts with a diverse range of value chain workers. These workers can be categorised as follows: Workers in URW's upstream value chain, Workers in URW's downstream value chain.
Report Date: 4Q2023Relevance: 30%
- Does your organization include all individuals within its workforce who could be materially impacted by your operations in the scope of your disclosure under ESRS 2? Additionally, identify and disclose any countries or geographic areas where your operations are considered to be at significant risk of incidents involving forced or compulsory labour, in accordance with the requirements of paragraph 48 of ESRS 2 SBM-3.
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Question Id: S1.SBM-3_08
Although, as noted in the Global Slavery Index’s findings, the countries in which the URW Group currently operates are rated as low to moderate in terms of the risks of incidences of modern slavery (relative to other geographies), URW’s Anti-Slavery and Human Trafficking Policy outlines a zero-tolerance approach to all modern forms of slavery and human trafficking.
Report Date: 4Q2023Relevance: 60%
- Provide a detailed account of the types of operations within your organization that are at significant risk of incidents involving child labor. This disclosure should align with the requirements set forth in ESRS 2 SBM-3, focusing on material impacts, risks, and opportunities, and their interaction with your strategy and business model. Ensure that the scope of this disclosure encompasses all individuals within your workforce who may be materially impacted by your operations, including those within your value chain, products, services, and business relationships. Specify the type of operation, such as a manufacturing plant, that is at risk.
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Question Id: S1.SBM-3_09
Although, as noted in the Global Slavery Index’s findings, the countries in which the URW Group currently operates are rated as low to moderate in terms of the risks of incidences of modern slavery (relative to other geographies), URW’s Anti-Slavery and Human Trafficking Policy outlines a zero-tolerance approach to all modern forms of slavery and human trafficking.
Report Date: 4Q2023Relevance: 40%
- Does the undertaking include all individuals within its workforce who may be materially impacted by its operations in the scope of its disclosure under ESRS 2, specifically addressing material impacts, risks, and opportunities as they relate to its strategy and business model? Furthermore, does the undertaking identify and disclose any countries or geographic areas where its operations are considered to be at significant risk of incidents of child labour, in accordance with the requirements set forth in paragraph 48?
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Question Id: S1.SBM-3_10
Although, as noted in the Global Slavery Index’s findings, the countries in which the URW Group currently operates are rated as low to moderate in terms of the risks of incidences of modern slavery (relative to other geographies), URW’s Anti-Slavery and Human Trafficking Policy outlines a zero-tolerance approach to all modern forms of slavery and human trafficking.
Report Date: 4Q2023Relevance: 50%