Unibail-Rodamco-Westfield
Retail REITs
France
ESRS disclosure: S3-3_21
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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 detailing whether and how it engaged directly with affected communities, their legitimate representatives, or credible proxies with insight into their situation? Additionally, does the undertaking describe the processes to remediate negative impacts and the channels available for affected communities to raise concerns, particularly in relation to the protection of individuals using these mechanisms against retaliation? Furthermore, does the undertaking treat grievances confidentially, respecting privacy and data protection rights, and are the mechanisms available for anonymous use, such as through representation by a third party?
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Question Id: S3-3_21
URW considers the impact on local communities as an opportunity for its activities. All of URW’s standing assets regularly engage in consultations with their local communities, as detailed in section 3.2.3.C.4 Processes for engaging with affected communities about impacts.
Report Date: 4Q2023Relevance: 60%