Adapting Commercial Real Estate to Climate Change: Strategies for Managing Risk

About

The changing climate has fundamentally altered risk landscapes. New strategies in commercial real estate are required to manage not only transitional risks, such as policy and market shifts, but also the physical risks posed to real estate assets. 

In this webinar, Kathryn Bakos, Managing Director, Finance and Resilience at the Intact Centre on Climate Adaptation shares compelling research on why real estate needs to adapt, highlighting how climate change is driving increased loss claims and what trends suggest for future preparedness. 

BREEAM’s Director of Operations, Breana Wheeler, outlines how BREEAM’s sustainability benchmark program has adapted to encourage building owners and operators to increase their focus on enhancing resilience against climate-induced physical risks. 

And ClimateCheck’s Chief Growth Officer, Nicole Engels, and ClimateFirst’s Director of Client Development, Hamoda Youssef, demonstrate how innovative technology can facilitate the rapid assessment of building-specific climate threats. Using real-life examples, they introduce how to effectively translate these threats into an insightful Climate Value at Risk (CVaR) metric, ultimately supporting the creation of a more resilient built environment. 

Watch now to explore innovative strategies and tools designed to enhance the resilience of your real estate assets against the evolving challenges posed by climate change.