Unibail-Rodamco-Westfield
Retail REITs
France
ESRS disclosure: S2-4_15
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- Provide a detailed account of the process by which your organization establishes targets related to managing material negative impacts, advancing positive impacts, and addressing material risks and opportunities. Specifically, disclose whether and how your organization has engaged directly with workers within the value chain, their legitimate representatives, or credible proxies who possess insight into their circumstances. Additionally, describe the role these value chain workers, representatives, or proxies play in decision-making concerning the design and implementation of initiatives or processes aimed at addressing their needs, and evaluate the progress and effectiveness of such initiatives or processes.
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Question Id: S2-4_15
URW will strive to enhance its existing policies and underlying mechanisms. These policies will be regularly reviewed and updated to ensure they remain effective and relevant. URW will strive to enhance its due diligence mechanisms with a focus on modern slavery and human rights aspects, as well as reinforce its “Know Your Partner” screening process to conduct thorough verification of new business partners and monitor current business partners. This will help in identifying and mitigating any potential risks.
Report Date: 4Q2023Relevance: 40%