Provide a detailed account of the process your organization employs to establish targets related to managing material negative impacts, advancing positive impacts, and managing material risks and opportunities. Specify whether and how your organization has engaged directly with consumers, end-users, their legitimate representatives, or credible proxies with insight into their situation. Additionally, clearly define the standards or commitments upon which these targets are based, such as codes of conduct, sourcing policies, global frameworks, or industry codes.

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The goal for 2024 is to obtain the Better Places Certification for 10 European assets, and for all assets by 2027. The Better Places Certification integrates the Sustainability Reporting Index results, which URW plans to deploy to 100% of its eligible revenues by 2027. The eligible revenues are based on innovations 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. Finally, in 2024, the Westfield Grand Prix will be deployed to a new country.

Unibail-Rodamco-Westfield

ESRS disclosure: S4-5_06

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