Unibail-Rodamco-Westfield scores “B” and stands out as industry leader for its ESG practices in ISS 2020 rating
June 09 2020 - 1:00AM
Paris, Amsterdam, June 9, 2020
Press release
Unibail-Rodamco-Westfield scores “B” and stands
out as industry leader for its ESG practices in ISS 2020
rating
Unibail-Rodamco-Westfield (URW) is once again
recognized as a global leader on Environmental, Social and
Corporate Governance (ESG), achieving a score of “B” from ISS
(Institutional Shareholder Services group of companies) for its ESG
practices in June 2020. This is an exceptional rating level among
the real estate industry companies assessed worldwide, and the best
grade ever for the Group. URW ranks in the leaders group
(1st decile) and is, like in 2019, awarded the Prime status,
which highlights its best-in-class approach.
For the Group, this top grade is an achievement
highlighting the relevance and strength of both its governance and
its CSR Strategy, and a recognition of its commitment to fight
climate change.
When the Group’s CSR strategy Better Places 2030
was launched in 2016, URW became the first listed real estate
company to address, in addition to its own direct emissions, the
indirect emissions resulting from construction works, tenant energy
consumption and transportation of visitors to access its assets.
URW’s main objective is to cut the Group’s carbon emissions by -50%
by 20301. Better Places 2030 also tackles other challenges such as
responsible consumption and the circular economy. CSR is
instrumental in the Group’s HR policy, 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 URW as one of the most
sustainable companies in the industry.
ISS ESG covers Corporate and country ESG
research and ratings, enabling investors to identify material
social and environmental risks and opportunities. A company’s
management of ESG issues is analyzed on the basis of up to 100
rating criteria, most of them sector-specific. The indicators are
constantly reviewed and developed to align with the latest
scientific findings, technological developments, regulatory changes
and social debates.
1 in comparison with 2015 figures
For further information, please
contact:
Investor Relations Samuel Warwood Maarten
Otte +33 1 76 77 58 02 Maarten.otte@urw.com
Media Relations Tiphaine
Bannelier-Sudérie +33 1 76 77 57 94
Tiphaine.bannelier-sderie@urw.com
About Unibail-Rodamco-Westfield
Unibail-Rodamco-Westfield is the premier global
developer and operator of Flagship destinations, with a portfolio
valued at €65.3 Bn as at December 31, 2019, of which 86% in retail,
6% in offices, 5% in convention & exhibition venues and 3% in
services. Currently, the Group owns and operates 90 shopping
centres, including 55 Flagships in the most dynamic cities in
Europe and the United States. Its centres welcome 1.2 billion
visits per year. Present on 2 continents and in 12 countries,
Unibail-Rodamco-Westfield provides a unique platform for retailers
and brand events and offers an exceptional and constantly renewed
experience for customers. With the support of its 3,600
professionals and an unparalleled track-record and know-how,
Unibail-Rodamco-Westfield is ideally positioned to generate
superior value and develop world-class projects. As at December 31,
2019, the Group had a development pipeline of €8.3
Bn.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. Unibail-Rodamco-Westfield stapled shares are listed
on Euronext Amsterdam and Euronext Paris (Euronext ticker: URW),
with a secondary listing in Australia through Chess Depositary
Interests. The Group benefits from an A- rating from Standard &
Poor’s and from an A3 rating from Moody’s.
For more information, please visit
www.urw.comVisit our Media Library at
https://mediacentre.urw.comFollow the Group updates on Twitter
@urw_group, Linkedin @Unibail-Rodamco-Westfield and Instagram
@urw_group
- Unibail-Rodamco-Westfield scores “B” and stands out as industry
leader for its ESG practices in ISS 2020 rating
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