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European Climate Pact
private sector

Unibail-Rodamco-Westfield

Overview

Location

France

Sector

Real estate

Organisation type
Business

Company Information

Unibail-Rodamco-Westfield (URW) is a publicly listed global real estate developer, owning shopping centers, offices, convention and exhibition spaces, among others. It is headquartered in France, Paris. In 2021 it reported a net rental income of 1.79 billion Euro and a total of 2700 employees.*

*Source

Our progress towards decarbonization

 

GHG Emissions

North Star

  • Unibail-Rodamco-Westfield has a target to reduce absolute scopes 1, 2 and 3 CO2e emissions 50% by 2030 from a base year of 2015

Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (21/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmao

  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy generation
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

​​​​​​​MRV: Pact MRV in place

Status date: Submitted (21/07/2022)

Data source: CDP Climate Change 2022

 

Energy

Our actions – the Pathway

  • Have a target to increase renewable energy consumption

MRV: Pact MRV in place

Status date: Submitted (21/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

Our actions – the Pathway

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (21/07/2022)

Data source: CDP Climate Change 2022

 

Buildings

Our actions – the Pathway

  • ​​​​​​​Have an initiative in place to drive GHG emissions reduction through energy efficiency in buildings

​​​​​​​MRV: Pact MRV in place

Status date: Submitted (21/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

Our actions – the Pathway

  • Have an ongoing and transparent dialogue with our value chain around climate-related issues

​​​​​​​​​​​​​​​​​​​​​MRV: Pact MRV in place

Status date: Submitted (21/07/2022)

Data source: CDP Climate Change 2022