Unibail-Rodamco-Westfield
ESRS disclosure: ESRS S3
Tags Tree
- ESRS ESRS 2ESRS 2 Framework
- ESRS E1Climate Remuneration Disclosure
- ESRS E2Pollution Management
- ESRS E3Water & Marine Resources
- ESRS E4Material Sites Disclosure
- ESRS E5Resource Use & Circular Economy
- ESRS S1Workforce Impact Disclosure
- ESRS S2Value Chain Workers Scope
- ESRS S3Affected Communities Disclosure
- ESRS S4Consumer Impact Disclosure
- ESRS G1Governance Disclosure
- Provide detailed information regarding any specific policy provisions your organization has implemented to prevent and address impacts on indigenous peoples, as required by Disclosure Requirement S3-1 concerning policies related to affected communities.
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Question Id: S3-1_01
URW is aware of the leading economic importance of its real estate properties. In addition to being an urban planner, providing public facilities and building unique, iconic and well-connected places, URW plays a key role in the local ecosystem; URW is increasingly contributing to the social and economic vitality of the communities it serves. URW drives positive economic and social impact within its communities through employment, training and social inclusion:
- Economic driver: creating thousands of direct or indirect employment through construction and operational spending, indirect employment by tenants’ sales and activities, suppliers’ activities and local taxes; and
- Social integrator: actively working on maximising its impact by developing meaningful community projects and partnerships that support jobs, offer training, promote social inclusion and increase access to health and culture. In 2023, as part of the Better Places roadmap, URW has for the first time developed an innovation and multidimensional methodology to quantify and qualify the impact of URW shopping centres in Europe. This study, the first one published in the retail real estate industry in the EU, shows the positive footprint the Group has for communities and for citizens in their daily lives.
Report Date: 4Q2023Relevance: 30%
- Provide a detailed account of your organization's human rights policy commitments that pertain to affected communities. This should include the processes and mechanisms in place to ensure adherence to the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, and the OECD Guidelines for Multinational Enterprises. Emphasize aspects that are materially significant and outline your overall strategy in this context.
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Question Id: S3-1_02
URW’s Human Rights Policy equally underlines URW’s commitment to generating a positive impact in the communities it operates. URW regularly holds local communities’ consultation on its Community Resilience Action Plans implemented at asset level as well as meetings such as Safety Advisory Group meetings, annual transport plans and accessibility meetings. For development projects, from the early phases of planning to the final stages of delivery, URW ensures that local communities are not just considered, but actively consulted. This approach allows URW to understand the unique needs and aspirations of the community, ensuring that each project is tailored to its context.
Report Date: 4Q2023Relevance: 60%
- What are your company's human rights policy commitments concerning affected communities, including the processes and mechanisms in place to ensure compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, or the OECD Guidelines for Multinational Enterprises? Additionally, provide a detailed account of your general approach to respecting the human rights of communities, with particular emphasis on indigenous peoples.
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Question Id: S3-1_03
URW’s Human Rights Policy equally underlines URW’s commitment to generating a positive impact in the communities it operates. URW regularly holds local communities’ consultation on its Community Resilience Action Plans implemented at asset level as well as meetings such as Safety Advisory Group meetings, annual transport plans and accessibility meetings. For development projects, from the early phases of planning to the final stages of delivery, URW ensures that local communities are not just considered, but actively consulted. This approach allows URW to understand the unique needs and aspirations of the community, ensuring that each project is tailored to its context.
Report Date: 4Q2023Relevance: 65%
- Provide a detailed description of your company's human rights policy commitments relevant to affected communities. Include information on the processes and mechanisms in place to monitor compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, or the OECD Guidelines for Multinational Enterprises. Focus on material matters and outline your general approach to engaging with affected communities.
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Question Id: S3-1_04
URW’s Human Rights Policy equally underlines URW’s commitment to generating a positive impact in the communities it operates. URW regularly holds local communities’ consultation on its Community Resilience Action Plans implemented at asset level as well as meetings such as Safety Advisory Group meetings, annual transport plans and accessibility meetings. For development projects, from the early phases of planning to the final stages of delivery, URW ensures that local communities are not just considered, but actively consulted. This approach allows URW to understand the unique needs and aspirations of the community, ensuring that each project is tailored to its context.
Report Date: 4Q2023Relevance: 65%
- Provide a detailed description of your company's human rights policy commitments that pertain to affected communities. Include an explanation of the processes and mechanisms in place to ensure compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, and the OECD Guidelines for Multinational Enterprises. Focus on material matters and outline your general approach to implementing measures that provide and/or enable remedy for human rights impacts.
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Question Id: S3-1_05
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: 40%
- Provide a detailed account of whether and how your organization's policies concerning affected communities align with internationally recognized standards, specifically those pertinent to communities and indigenous peoples. This includes alignment with the United Nations (UN) Guiding Principles on Business and Human Rights. Additionally, disclose any instances of non-compliance with the UN Guiding Principles on Business and Human Rights, the ILO Declaration on Fundamental Principles and Rights at Work, or the OECD Guidelines for Multinational Enterprises that involve affected communities. Include information on whether such cases have been reported within your operations or throughout your upstream and downstream value chain, and specify the nature of these cases, if applicable.
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Question Id: S3-1_06
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: 30%
- Has your company established policies concerning affected communities that align with internationally recognized standards, such as the United Nations Guiding Principles on Business and Human Rights? Additionally, provide details on the extent to which any instances of non-compliance with these principles, the ILO Declaration on Fundamental Principles and Rights at Work, or the OECD Guidelines for Multinational Enterprises have been identified within your operations or throughout your value chain. If applicable, specify the nature of these cases.
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Question Id: S3-1_07
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%
- Can you provide a detailed explanation of any significant changes made to the policies adopted during the reporting year, specifically in relation to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities? Include a description of the process for setting these targets, and specify whether and how your organization engaged directly with affected communities, their legitimate representatives, or credible proxies with insight into their situation. Ensure that the description includes key information necessary for a faithful representation of the policies related to affected communities, particularly highlighting any new or additional approaches to engagement, due diligence, and remedy.
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Question Id: S3-1_08
In 2023, URW managed to achieve the following key actions:
- A large majority of assets supported at least 1 local charity or NGO-sponsored long-term project;
- 787 social or environmental initiatives were organised in the Group’s centres across Continental Europe, the UK and the US to feed more than 2,600 jobs and qualifying certifications provided through the programme and more than 6,000 training hours provided; and
- The launch of the Group Volunteering Programme (see section 3.2.3.A.3.4 Inspiring our people by opening their mind to sustainability while caring).
Report Date: 4Q2023Relevance: 40%
- Provide a detailed account of the methods and channels used to communicate your policies to relevant individuals, groups, or entities. This includes those expected to implement the policies, such as employees, contractors, and suppliers, as well as those with a vested interest in their execution, like workers and investors. Include any communication tools utilized, such as flyers, newsletters, dedicated websites, social media, face-to-face interactions, or representatives. Additionally, describe any measures taken to ensure accessibility and comprehension of the policies, such as translations or graphic depictions, and explain how potential barriers to dissemination are identified and addressed.
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Question Id: S3-1_09
To understand sustainability perceptions, needs and expectations within the Group’s shopping centres, URW conducts customer surveys with the loyalty database since 2020 with a specific focus on sustainability-related topics. With the Westfield Brand Tracker, URW also tracks sustainability perceptions and expectations for those living within the catchments of Westfield branded assets, on a quarterly basis since the third quarter of 2022. Key takeaways and results from both programmes are leveraged to strengthen the Company’s customer actions.
Report Date: 4Q2023Relevance: 30%
- "Provide a detailed account of whether and how the perspectives of affected communities are integrated into your company's decision-making processes or activities concerning the management of actual and potential impacts on these communities. Include, where applicable, an explanation of the methods and processes employed for such engagement."
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Question Id: S3-2_01
URW regularly holds local communities’ consultation on its Community Resilience Action Plans implemented at asset level as well as meetings such as Safety Advisory Group meetings, annual transport plans and accessibility meetings. For development projects, from the early phases of planning to the final stages of delivery, URW ensures that local communities are not just considered, but actively consulted. This approach allows URW to understand the unique needs and aspirations of the community, ensuring that each project is tailored to its context. In addition to reinforcing the dialogue with local stakeholders, these processes enable the Group and each asset to improve the monitoring of its local involvement and enhance its positive impact for the communities. It also brought to light local innovative practices, which will be extended for a greater impact.
Report Date: 4Q2023Relevance: 85%