ClimateCheck

GRESB reporting is just around the corner! Make sure to submit your physical climate risk data analysis on your final submissions. #physicalclimaterisk #climaterisk #gresb #reporting #riskmanagement #cre #commercialrealestate #realestate

Last week, the US Securities and Exchange Commission (#SEC) took a monumental step forward in climate accountability, mandating standardised climate-related disclosures for public companies. This pivotal regulation encompasses carbon emissions reporting and the unveiling of climate-related risks. 🔍 Key Highlights of the SEC Rules: - Public companies are now required to report costs, expenditures, and losses linked to severe weather events and natural conditions, such as hurricanes, floods, and wildfires. - Disclosure of mitigation strategies and risk identification processes is mandatory, ensuring companies actively engage in climate risk management. ClimateCheck can be a critical tool for compliance, offering detailed reports that evaluate climate risks across various hazards, including heat, precipitation, and fire, to name a few. That said, this regulation is not just about compliance; it's about steering businesses towards a more sustainable and resilient future. Understanding and mitigating climate risks is now a crucial element of strategic planning, offering a pathway to safeguard assets and reduce costs over time. Let's embrace this change, recognising the opportunity it presents to better our businesses and contribute to a more sustainable world. Check out our blog to learn more: https://lnkd.in/d5T4R2wA

Excited to share insights from a recent paper discussing how including potential flood risk as a Recognized Environmental Condition (REC) in Phase 1 Environmental Site Assessments (ESAs) could revolutionize the environmental consulting and banking sectors. This pivotal change could initiate a cascade of significant outcomes, leading to more identified RECs. The implications? Real estate investors may need to allocate more resources for updating infrastructure, while lenders might broaden their criteria for commercial real estate loans. Additionally, this would prompt a reevaluation of risk assessment standards and regulations. Dive into the full analysis in "Containing Risk: Climate Data and Phase 1 ESAs - A Case Study of ASTs in High Flood Risk Regions," available in the EBA Journal, for a comprehensive exploration of its impact on commercial real estate. https://lnkd.in/dAiEQ3VE #EnvironmentalConsulting #CommercialRealEstate #RiskAssessment #ClimateChange

🔍 The need to assess, adapt to, and mitigate climate-related risks has never been more paramount. That's where our partnership with ClimateCheck raises the bar in environmental due diligence. Combining ClimateCheck's advanced techniques with ERIS' comprehensive property assessments, we offer unmatched insights into vulnerabilities such as drought, heat, and flooding—right down to individual property levels. Learn more about how #ERIS and ClimateCheck can elevate your environmental risk and property analysis. https://lnkd.in/eKP8VmuH #ERISinfomation #climaterisk #climatechange #environmentalduediligence #riskassessment #propertyanalysis #sustainability #CRE

A new report from Zelman & Associates - A Walker & Dunlop Company, highlights the disproportionate exposure of new single-family structures to extreme heat. The firm analysed ClimateCheck’s climate risk data alongside statistics on building permits issued for single-family housing as far back as 1990. The report notes that new construction is generally better positioned to weather other climate risks, including drought, wildfire and high precipitation. However, new builds in #Arizona, #California and #Texas are at a significantly higher risk from drought. Finally, it concludes that home buying trends in the near future will be driven by economic conditions rather than directly by climate risk, though marginal shifts are expected as climate-related risks affect the affordability of home ownership. Read more here: https://lnkd.in/d8f5W2-n

Our Chief Growth Officer, Nicole Engels has been named as Top CGOs to Watch! Congratulations!! https://lnkd.in/dTengn7q

Innovating due diligence: Find out how environmental data provider ERIS uses ClimateCheck products https://lnkd.in/dQBgrXiM

Our CTO, Sam E. is a technology strategist with nearly two decades of experience in high-performance computing, private and public cloud technologies, and data management. He brings a wealth of experience and expertise to ClimateCheck, where he is responsible for overseeing our technology infrastructure and data science initiatives. Delve into the world of Sam Eckhouse and his contributions to ClimateCheck on our blog: https://lnkd.in/dDZSqJDC #ClimateCheck #RealEstate #Sustainability #Technology #ClimateRisk #PhysicalRisk

Excited to announce our new partnership with LTC Properties, Inc. (NYSE: LTC)! Check out our blog post to learn more about how #REITs like LTC Properties are using ClimateCheck data. #reit #realestate #physicalclimaterisk #climaterisk #esg #riskmanagement https://lnkd.in/d-hiSEhQ