Unibail-Rodamco-Westfield

The scope of the assessment is as follows: the quantitative part of the analysis is based on carbon data reported using a market-based approach, so as to be consistent with the company's decarbonization trajectory.
The "Congresses and Exhibitions" activity managed by the Viparis subsidiary was excluded from the scope of the assessment (no dedicated ACT benchmark, the activity represents less than 10% of the total surface area of ​​assets).
The performance rating reflects strengths and areas for improvement. The strong points:
- The company defines absolute and intensity GHG emission reduction targets, approved by SBTi on the three scopes, for 2030 and 2050.

- Climate issues are relatively well taken into account in the company's governance: supervision, monitoring process, quantification, associated financial incentives.

- A commitment policy on the company's value chain is in place but could be improved.
Areas for improvement:
- The Group could enrich the current action plan by adding monitoring indications for the main objectives, quantify the action plan financially for each action, evaluate the reduction potential of each action identified.

- Also set GHG emission reduction targets in intensity.
- Specify its commitment policy in relation to its value chain in order to engage suppliers more widely and customers to reduce their GHG emissions.
More generally, the company could publish the carbon intensities (private and common areas) of buildings (energy and materials).