Unibail-Rodamco-Westfield
ESRS disclosure: S4.SBM-3_05
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- Provide a detailed account of the activities undertaken by your organization that lead to material positive impacts, specifying the types of consumers and end-users who are positively affected or could potentially benefit. Include whether these impacts are associated with your operations, value chain, products, services, or business relationships. Additionally, indicate if these positive impacts are concentrated in particular countries or regions.
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Question Id: S4.SBM-3_05
In 2023, URW’s Better Places Certification will offer visitors a comprehensive view of the sustainability performance of each asset. To create the certification, the Group partnered with Bureau Veritas Solutions and leveraged the critical eye of WWF France to outline 94 key criteria and a 5-level assessment covering a broad range of environmental and social dimensions including Health and Safety energy and climate, water, communities, mobility, biodiversity and waste. Not only focused on the Group’s own performance, URW also wants to continue to be the preferred partner of brands and tenants who are themselves committed to the environmental transition. Therefore, URW also launched the Sustainable Retail Index. Co-developed with Good You, a global sustainable-brand ratings company, and the critical expertise of WWF France, the Sustainable Retail Index is an innovative and dynamic approach that will support the sustainable evolution of retail by providing insights into retailers’ sustainability journey. This new tool will provide transparency and support the sustainable evolution of retail. The Sustainable Retail Index provides a dynamic view on retailers’ sustainability commitments, ambition and performance at product and store-operations level. Ratings will be shared annually at the asset level and integrated into the overall grade for each shopping centre, as part of the Better Places Certification.
Report Date: 4Q2023Relevance: 65%