Unibail-Rodamco-Westfield
Retail REITs
France
ESRS disclosure: S3-4_17
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- Provide a detailed explanation of the approximate scope of affected communities encompassed by the social investment or development programs described. Additionally, if applicable, elucidate the rationale behind the selection of these specific communities for the implementation of the respective social investment or development programs.
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Question Id: S3-4_17
Looking beyond 2023, the Group has made the commitment to support its role as a catalyst for economic and social impact with a target of 15,000 people supported annually through training, social inclusion and employment opportunities. The key actions related to it are:
- Continue implementing Community Resilience Action Plans for the Group’s assets: building on the 2020 achievement of having 100% of its owned managed assets with a Community Resilience Action Plan. Community Resilience Action Plans aim to enhance the resilience of communities in which the Group operates thanks to a structured “glocal” approach, ensuring the implementation of the most relevant strategies according to the needs of local areas;
- Monitor the economic, social and environmental impact of URW shopping centres through a dedicated impact assessment;
- Organise upskilling programmes and recruitment events (e.g. URW for Jobs) in URW assets; and
- Work with partners specialised in social inclusion and health programmes, including support for charities and NGOs.
Report Date: 4Q2023Relevance: 60%