Unibail-Rodamco-Westfield
Unibail-Rodamco-Wesfield is an owner, developer and operator of sustainable, high quality real estate assets in the most dynamic cities in Europe and the Unites States.
The Group operates 75 shopping centres in 12 countries, including 39 which carry the iconic Westfield brand. These centres attract over 900 million visits annually and provide a unique platform for retailers and brands to connect with consumers. URW also has a high-quality portfolio of offices, 10 convention and exhibition venues in Paris, and a 3 billion euro development pipeline of mixed use assets. Currently, its 51 billion euro portfolio is 87% in retail, 6& in offices, 5% in convention and exhibition venues and 2% in services ( as at June 30, 2023). URW is a committed partner to major cities on urban regeneration projects, through both mixed-use development and the retrofitting of buildings to industry-leading sustainability standards. These commitments are enhanced by the Group’s Better Places 2030 agenda, which strives to make positive environmental, social and economic impact on the cities and communities where URW operates.
Sustainability is embedded into the core of our business. We are a recognised sustainability leader with a track record of sustainability development and of supporting the environmental transformation of cities to carbon neutrality.
Our ESG performance in consistently ranked in the top-quartile by ratings agencies and we have committed to stringent emissions targets with our Better Places 2030 plan, including 80% reductions in scopes 1 and 2 emissions and 50% reductions across all scopes before 2030.We are on track to achieve these Better Places 2030 targets, and have committed to share the next evolution of our ESG plan in 2023.
In the UK both Westfield London and Westfield Stratford City have been awarded the IS014001 accreditation, both centres hold the BREEAM In -use (Part 1 and part 2) standard : WL hold part 1 : Very Good and part 2 : Excellent, WSC hold part 1 and part 2 : Excellent and both centres have zero to landfill since opening.
For more information on our current targets, please visit our site here.
Key Facts
- Better spaces: -20.5% carbon emissions from our operations including tenant energy consumption since 2015
- Better communities: 100% of our shopping centers work with local or national charities, hosting at least one social or environmental event each year
- Better together: 64% employees with individual CSR objectives (86% in continental Europe)
“At Unibail-Rodamco-Westfield, we are committed to driving urban environmental transformation by creating and operating unique sustainable places that connect people. To do so and to meet the needs of all stakeholders in the future, putting sustainability at the core of our business model is imperative. Being a member of Better Buildings Partnership provides invaluable access to knowledge, best practise and the opportunity to collaborate and learn from fellow members from our industry as we all take this journey together.”
Scott Parsons, UK COO at Unibail-Rodamco-Westfield
*Please note that the information on this page was supplied by the BBP Member and the BBP assumes no responsibility or liability for any errors or omissions in the content