Provide a detailed account of the process your organization employs to establish targets aimed at managing material negative impacts, enhancing positive impacts, and addressing material risks and opportunities. Specify whether and how your organization has engaged directly with affected communities, their legitimate representatives, or credible proxies with insight into their situation. Additionally, describe the actions taken concerning material impacts on affected communities, the strategies for managing material risks, and the pursuit of material opportunities related to these communities. Include an evaluation of the effectiveness of these actions, particularly in relation to environmental matters as outlined in ESRS E1 to E5.

Question

Accepted Answer

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.

Unibail-Rodamco-Westfield

ESRS disclosure: S3-4_14

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