// Unibail-Rodamco-Westfield receives the highest score in the CDP Climate Change assessment
// The score shows the strength of URW’s CSR Strategy and its commitment to climate
Unibail-Rodamco-Westfield has been highlighted as a global leader on corporate climate transparency and action for a second consecutive year by Carbon Disclosure Project (CDP).
CDP is an international non-profit that monitors and encourages companies and governments in their efforts to reduce greenhouse gas emissions, safeguard water resources and protect forests.
The firm that owns the Westfield shopping centres achieved an A, the highest in the CDP Climate Change assessment for its 2019 climate change response.
The Climate Change A List is published by CDP each year, alongside similar lists for leadership on protecting forests and water security.
This top grade is a signal of the relevance and strength of Westfield’s CSR Strategy and a recognition of its commitment for climate.
Better Places 2030 was launched by Westfield in 2016 with a main objective to reduce the its carbon emissions by 50 per cent by 20301.
With this strategy, the shopping centre operator became the first listed real estate company to address, in addition to its own direct emissions, the various indirect emissions resulting from construction works, tenant energy consumption, and transportation of visitors to access its assets.
Currently, Better Places 2030 tackles new challenges such as responsible consumption and the circular economy.
CSR is also instrumental in Westfield’s HR strategy, through an increased commitment to diversity and inclusion.
The group’s CSR strategy, actions and results are regularly assessed by analysts, researchers, investors and third-party certification bodies that rank Unibail-Radamco-Westfield as one of the most sustainable companies in the industry.
CDP assesses companies on the comprehensiveness of their disclosure, their awareness and management of environmental risks and their demonstration of best practices associated with environmental leadership.