Climate risk considerations have taken center stage in commercial real estate. ERIS met with the chair of the new ASTM task group focused on standardizing property resilience assessments to discuss the committee’s work and what the new guide means for environmental consultants.
Today, every player in the real estate ecosystem is concerned about climate risk. Property owners, investors, operators, developers, lenders, and other stakeholders increasingly must evaluate and disclose climate risks of individual properties and property portfolios and align that assessment with existing environmental due diligence processes.
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