Unibail-Rodamco-Westfield
Retail REITs
France
ESRS disclosure: S3-3_18
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- Does the undertaking disclose the process for setting targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities, specifically addressing whether and how it engaged directly with affected communities, their legitimate representatives, or credible proxies with insight into their situation? Furthermore, in relation to each material impact, does the undertaking provide information on whether and how affected communities can access channels at the level of the undertaking they are impacted by, including details on language accessibility and consultation in the design of these channels?
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Question Id: S3-3_18
URW will strive to strengthen 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: 30%