The BBP is thrilled to welcome Unibail-Rodamco-Westfield as the 37th member of the Better Buildings Partnership.
Unibail-Rodamco-Westfield is a premier global developer and operator of Flagship Destinations, with a portfolio valued at €60.4 Bn as at 30th June 2020, of which 86% in retail, 7% in offices, 5% in convention & exhibition venues and 2% in services. Currently, the Group owns and operates 89 shopping centres, including 55 Flagships in the most dynamic cities in Europe and the United States.
Unibail-Rodamco-Westfield distinguishes itself by its Better Places 2030 agenda, that sets its ambition to create better places that respect the highest environmental standards and contribute to better cities.
Since 2007, Unibail-Rodamco-Westfield has defined an ambitious Corporate Social Responsibility (CSR) strategy in continental Europe. Between 2006 and 2015, Unibail-Rodamco-Westfield had already achieved a cumulative reduction of 33.8% of its energy intensity and 65.1% of its carbon intensity. In 2016, the Group took up a new long-term challenge in continental Europe, with its Better Places 2030 programme, structured around one main target: to reduce the Group’s carbon footprint by 50% by 2030 (vs. 2015). In doing so, the Group was the first listed real estate company to incorporate CSR in its entire value chain and address the wide scope of indirect carbon emissions resulting from construction works, transportation of visitors and employees, and energy consumption by tenants. As part of URW’s global integration agenda, the Group’s CSR strategy, Better Places 2030, was extended to all regions of the Group in 2019.
The BBP is confident that Unibail-Rodamco-Westfield will add great value to the membership and look forward to working collaboratively with them to drive change within our industry.
Scott Parsons, Regional Managing Director, UK & Italy at Unibail-Rodamco-Westfield said: “Unibail-Rodamco-Westfield is delighted to partner with the Better Buildings Partnership to learn, share best practice and get involved in important discussions for London’s landscape. Through our Better Places 2030 CSR strategy, our buildings have the power to positively impact local communities and reduce their environmental footprint. I’m particularly proud of Westfield London and Westfield Stratford City’s which have both received Green Apple awards for our waste management performance, energy efficiency initiatives and biodiversity & green infrastructure projects.”
Sarah Ratcliffe, CEO at Better Buildings Partnership said: “Unibail-Rodamco-Westfield (URW) have a long-term commitment to sustainability and a proven track record of reducing emissions across their extensive portfolio, so we are delighted that they are joining the Better Buildings Partnership to share their knowledge and collaborate with other leading property owners to transform the industry.”
For more details on the Group’s CSR performance on all Better Places 2030 targets, please click here.