Climate risk considerations are front and centre in commercial real estate transactions. Thousands of properties are at risk, and many more will face increased vulnerability from climate-related hazards and extreme weather events. Property owners, environmental professionals, developers, lenders, and investors must increasingly evaluate and disclose physical climate risks for individual properties and more extensive portfolios. They also must align these assessments with existing due diligence processes. Critical to this evaluation is reliable climate data, especially data that focuses on physical climate risks, such as heat, fire, storms, floods, and drought. What guidance is there to apply to this area of due diligence? How do you apply this data and initiate the evaluation process?
This presentation will address the following:
• Physical climate risk data sets, sources, and an overview of the data providers.
• Factors driving increased attention to climate risk assessments.
• Data outputs/hazards included in a climate risk evaluation and the typical scope of the work for climate risk due diligence and existing portfolio analysis.
• The users of physical climate risk data, how they use it, and how environmental professionals can assist in the assessment process.
About the Speakers
|Caleb Inman, Founder and CEO, Climate Check
Cal is the Founder and CEO of ClimateCheck, a climate risk data company. He is also a Bay Area commercial real estate developer and lecturer at UC Berkeley, Masters in Real Estate Development + Design.
|Joelle Doubrough, Senior Environmental Planner, SLR Consulting (Canada) Ltd.
Joelle Doubrough is a Senior Environmental Planner for SLR Consulting with over 10 years of experience in the field. With a strong focus on technical environmental management and climate risk resilience, Joelle has delivered solutions that align with organizational strategic goals, including impact assessment programs, risk assessments, permitting, sustainable practices, and regulatory compliance reviews.Joelle’s success is built on a foundation of teamwork, effective communication, and sound judgment. Her ability to navigate complex challenges and influence change effectively brings exceptional value to any organization she serves.
About the Moderator:
|Jeff Doerner, Senior Vice President Sales, North America, ERIS
Jeff leads our strategic initiatives for North America by working directly with customers and managing our national sales teams for the United States and Canada. Jeff is an accomplished sales and business development executive with over 20 years of experience working in the environmental due diligence and M&A software space. His sales acumen, experience and assertive manner have provided the foundation of understanding multiple market segments of the Phase I industry.