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Climate risk

Instantly know property risks
due to climate change in Canada

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. According to Larry Fink of BlackRock,”Climate change is driving a profound reassessment of risk and asset values.”

ERIS is proud to partner with ClimateCheck® to help the Canadian 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 their risks.

Comprehensive Climate Risk Analysis

ERIS can provide in-depth property-specific reports outlining the physical risks over time to all the hazards. Includes search of property and surrounding properties (depending on search criteria entered).

Account for Escalating Operational Expenditures

Drought — Increasing water expense
Temperature — Increasing utility expenses
Precipitation (aka Storm)— 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!

• Simply order your report by logging into 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

Methodology and Data

ClimateCheck® aggregates and distills multiple 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.


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


• 27 CMIP5 GCMs statistically downscaled with the BCCAQv2 method

Precipitation (aka Storm)

• 27 CMIP5 GCMs statistically downscaled with the BCCAQv2 method


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

Inland Flood

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

Want to learn more about ERIS' Climate Risk Assessment?

Connect with us to get more information about this report or any other of our products and services for environmental due diligence.