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URW is committed to its role in the environmental transition, creating unique, dynamic places that are a catalyst for social, economic and environmental vitality.


For more than 15 years, the Group has advanced ambitious sustainability objectives, starting with its first sustainability report in 2007, and accelerating in 2016 with the launch of Better Places 2030. The Better Places roadmap is fully embedded within the business, driving the Group forward in its commitment to sustainable operations, as URW unlocks value as a partner to cities in urban regeneration and retrofitting projects, as well as through the mixed-use densification of its existing assets. Better Places also leverages the Group’s unique position to act as a catalyst for the evolution of the retail industry, setting ambitious targets and bringing greater transparency to the environmental performance of its shopping centres, while innovatively expanding their retail mix.

URW is creating opportunities and value for all of its stakeholders through its impact, which is aligned with its vision to create sustainable places that Reinvent Being Together. The evolution of Better Places creates a robust science-based roadmap which is a unique commitment to the impact URW can have on the environmental transition of cities. With ambitious targets that cover its entire value chain, the Company has made a step-change – leveraging its historical reduction in carbon emissions to go even further and accelerate even faster.

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Environmental transition

We aim to be the preferred partner of cities in their environmental transition, by improving the carbon footprint and environmental efficiency of our assets and operations.

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Sustainable experience

We partner with our visitors and all stakeholders of the retail industry to accelerate the transition towards more sustainable experiences.

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Thriving communities

We put people at the heart of what we do, bolstering economic and social vitality for local communities, and driving a sustainable and impact-oriented company culture.