Provide a detailed account of the process your organization employs to set targets related to managing material negative impacts, advancing positive impacts, and addressing material risks and opportunities. Specifically, indicate whether and how your organization engages directly with consumers and/or end-users, their legitimate representatives, or credible proxies with insight into their situation. Additionally, describe the role consumers and/or end-users, along with their legitimate representatives or credible proxies, play in decisions concerning the design and implementation of initiatives or processes based on their needs and the level of implementation of these initiatives.

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URW aims to obtain the Better Places Certification for 10 European assets by 2025 and for all assets by 2027. The certification integrates the Sustainability Retail Index results, which URW plans to deploy to 100% of its eligible revenues by 2027. The eligible revenues are based on inclusions in Minimum Guaranteed Rent (MGR) from the following categories of retailers: Fashion, Sport Apparel, Jewellery, Bags & Footwear & Accessories, Health and Beauty, Home, Culture & Technology, and Food & Beverage. By 2025, all assets will host at least 1 annual campaign or event to raise sustainable awareness, such as the Westfield Good Festival.

Unibail-Rodamco-Westfield

ESRS disclosure: S4-4_15

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