Unibail-Rodamco-Westfield
ESRS disclosure: S2-2_04
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- Identify and describe the function and the most senior role within your organization that holds operational responsibility for ensuring engagement with value chain workers occurs, and that the outcomes of such engagement inform your organization's approach. Provide details on whether and how the perspectives of value chain workers influence your decisions or activities aimed at managing actual and potential impacts on them.
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Question Id: S2-2_04
The Group’s ERM framework and Risk Management Policy cover compliance with human rights for workers in the value chain. As outlined in URW’s Human Rights Policy, human rights risks are captured in the annual Group risk assessment. The purpose of URW’s human rights due diligence is to ensure that URW effectively identifies, assesses and addresses potential human rights risks and impacts associated with its operations, when deemed necessary and material through a risk assessment. It is based on multiple complementary internal mechanisms and aims to align with international standards to promote respect for human rights and uphold the Group’s corporate responsibility. The Group’s annual risk review addresses human rights impacts particularly through human resources and compliance risks. URW strives to conduct a materiality analysis covering all the Group’s operations and potential human rights impacts, considering local laws, regulations and socio-political conditions. Upon identifying potential human rights risks and impacts associated with its activities, operations, chain and business relationships, URW will make reasonable endeavours to implement corrective actions.
Report Date: 4Q2023Relevance: 60%