Provide a detailed account of the process your organization employs to establish targets concerning the management of significant negative impacts, the promotion of positive impacts, and the management of material risks and opportunities. Specify whether and how your organization has engaged directly with affected communities, their legitimate representatives, or credible proxies with insights into their situation. Additionally, elucidate the intended outcomes your organization aims to achieve in the lives of these affected communities, ensuring specificity in your disclosure.

Question

Accepted Answer

Communities affected by URW are defined in the context of URW’s activity, i.e. as an operator in real estate. In the context of URW, affected communities are the local communities in which URW’s assets are an integral part. As an operator of sustainable places that Reinvent Being Together, URW has an active role to play within communities in which it operates. The Group’s economic success is based on a strong relationship and regular consultations with its stakeholders: tenants, customers, investors, local communities, suppliers and contractors, as well as employees.

Unibail-Rodamco-Westfield

ESRS disclosure: S3-5_04

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