Climate Risk Assessment

Instantly know property risks due to climate change

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Climate Change: An Imminent Threat

The science of climate change is teaching us that properties across North America — and the world — are experiencing an unprecedented increase in the frequency of climate events and related losses.

Climate change is driving a profound reassessment of risk and asset values.

Larry Fink of BlackRock

ERIS is proud to partner with ClimateCheck® to help the environmental due diligence industry assess the increasing risks to property due to the changing climate. ERIS now offers reports to enable every real estate stakeholder to instantly understand the climate risks for their properties.

Comprehensive Climate Risk Analysis

ERIS can provide in-depth property-specific reports outlining the physical risks over time for all the hazards. Includes search of property and surrounding properties (depending on search criteria entered).
  • Drought — Increasing water expense
  • Temperature — Increasing utility expenses
  • Precipitation — Increasing repair and maintenance
  • Flood — Increasing cost of insurance
  • Fire — Increasing cost of insurance
Factor in Decreasing Values

Future buyers will factor in growing climate risk. Protect yourself from ballooning climate change cap rates at refinancing and disposition milestones.

Anticipate Total Loss Scenarios

Understand risk to total loss events from fire and flood.

It’s easy to order a Climate Risk Assessment Report

  • Log-in to your online account with ERIS
  • The report PDF will be delivered to you via hyperlink, or you can download it from your My Orders Page
  • The report is also accessible in Xplorer and Scriva, and can be seamlessly included in the Appendix
Order now

Methodology and Data

ClimateCheck® aggregates and distills over 50 different climate simulations from peer-reviewed government and academic sources into an easy-to-understand risk assessment that measures how resilient a property is to climate change over the next 5 to 40 years.

Heat

27 CMIP5 GCMs statistically downscaled with the BCCAQv2 method

Precipitation

27 CMIP5 GCMs statistically downscaled with the BCCAQv2 method

Drought

Standardized Precipitation Index (SPI)
North American CORDEX regional climate simulations

Fire

Canadian Forest Service Burn Probability
Fire Weather Index from 12 CMIP5 Regional Climate Models from NA-CORDEX

Inland Flood

Copernicus DEM – Global and European Digital Elevation Model (COP-DEM)
27 CMIP5 GCMs statistically downscaled with the BCCAQv2 method

Request a Live Demo

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