Sustainability Performance
ESG indices, ratings and awards
Unibail-Rodamco-Westfield is constantly recognised for its sustainability and performance. Our ESG performance is regularly assessed by analysts, researchers, investors and third-party certification bodies that rank us as one of the most sustainable companies in the industry.
CDP Climate Change A List
URW was highlighted as a global leader on corporate climate action by global environmental impact non-profit CDP achieving a place on the CDP Climate Change A List (score on a scale of A to D-) in 2023 for the sixth year in a row(1).
More information on CDP here
MCSI
In December 2023, MSCI confirmed the presence of URW in the following ESG indices: MSCI Global Green Building Index, MSCI Europe Low Carbon Leaders MSCI World Low Carbon Leaders.
More information on MCSI ESG ratings, ratings and awards here
ISS ESG Corporate rating
More information on ISS ESG here.
Corporate Knights - Global 100
URW was included(1) in the 2024 Global 100 ranking by Corporate Knights, an independent and rigorous assessment of public companies with revenue over $1 billion.
(1) Click here.
Sustainalytics
In October 2023, URW received an ESG Risk Rating of 5.8 and was assessed by Sustainalytics to be at Negligible risk of experiencing material financial impacts from ESG factors. URW’s ESG Risk Rating by Sustainalytics places the Group at the 3rd rank and in the 1st percentile of the Real Estate Industry group assessed by Sustainalytics, as well as at the 7th rank in the global rated universe (15,000+ companies). URW’s management score of ESG issues assessed by Sustainalytics is strong (81/100). URW has also been included in Sustainalytics’ 2023 Top-Rated ESG Companies List across all segments (Global 50 Rated, ESG Industry Top-Rated and ESG Regional Top-Rated).
More information on Sustainalytics here.
Moody’s ESG Solutions (formerly V.E)
In 2023, URW was rated 67/100 for its global ESG performance, positioning the Group at an advanced performance level (Financial Services – Real Estate).
More information on V.E here
GRESB (Global Real Estate Sustainability Benchmark)
In 2023, the Group received a score of 90/100 and a ‘5 Star’ rating, which recognises entities with the highest performance levels in the GRESB benchmark. URW ranked among the top 20% rated entities worldwide.
More information on GRESB here
Refinitiv
As of 31/12/2023, URW secured a combined ESG score of A, putting the company in a leading position among its peers from the real estate sector.
Refinitiv is a part of the LSEG (London Stock Exchange Group). Refinitiv offers one of the most comprehensive ESG databases in the industry, covering over 85% of the global market cap, across more than 630 different ESG metrics, with history dating back to 2002. The rating covers 10 main themes including emissions, environmental product innovation, human rights, shareholders and so on. The ESG combined (ESGC) score is discounted for significant ESG controversies impacting the corporations covered.
Ratings are available on over 12,500 public and private companies globally, with time series data going back to 2002. The percentile rank scores are available in both percentages and letter grades from D- to A+.
Euronext ESG Indices
In December 2023, the Group was reconfirmed in the World 120, Europe 120, Eurozone 120, France 20, CAC 40 ESG, Euronext CDP Environment, ESG Eurozone, Euronext Green Planet France, Euronext Equileap, et Gender Equality Eurozone 100 indices. URW is also part of the list of “Top 10 Performers” of the CAC 40® Governance index (since the creation of the index in 2017, confirmed in December 2023).
For further information on the inclusion of URW in Euronext’s ESG indices, please consult the following link. URW’s Euronext ESG profile is available here.
FTSE4Good Index series
The June 2023 Index Review reconfirmed Unibail-Rodamco-Westfield as a member of the FTSE4GOOD Index Series (since 2005).
More information on FTSE4Good here
ECPI Indices
In December 2023, Unibail-Rodamco-Westfield was confirmed for inclusion in the following ECPI® indices: ECPI EMU Ethical Equity, ECPI Euro ESG Equity, ECPI Global ESG Gender Equality Index, ECPI World ESG Equity.
More information on ECPI here
EPRA Gold Award
The EPRA (European Public Real Estate Association) has developed its Best Practices Recommendations on Sustainability Reporting (sBPR). For the eleventh time in a row, Unibail-Rodamco-Westfield received the EPRA Gold Award in 2022 for completing its 2021 reporting in accordance with the EPRA Sustainability.
Equileap
In 2023, URW ranked in the Equileap Top 100 companies for gender equality globally, as well as in the Top 10 companies in France. More information available here.
Standard Ethics
Since 2019, URW holds an EEE- score, the highest score among all rated entities in the Real Estate sector. To access the detailed press release, please consult this link.
Standard Ethics is an independent sustainability rating agency. Standard Ethics aims to promote sustainability and governance standard principles emanating from the European Union, the OECD and the United Nations. The final evaluations by Standard Ethics on the level of conformity of companies and nations to sustainability principles ( standard ethic principles) are expressed by means of nine different STANDARD ETHICS RATING classifications: From the best score of EEE; EEE-; EE+; EE; EE-; E+; E; E-; to the lowest level of F. A “EE-” classification or above indicates compliance.