CBRE will use risk analysis platform Climate X to provide climate risk data to commercial renters and property owners.
The agreement will help clients calculate climate-related risks and return on investments for retrofits or acquisitions that can boost resiliency, the real estate services firm says. The information will allow property owners and operators to better evaluate risks associated with climate-related events, such as flooding, drought, extreme heat, storms, and wildfires.
The partnership with the risk analysis firm will enable CBRE to better aid clients to calculate capital expenditure requirements under the lens of adaptation and resilience, CBRE says. The agreement will also simplify the complexity of handling climate change-driven risks to better guide decarbonization strategies at a global and asset level, the firm says.
The agreement follows two other partnerships focused on sustainability that CBRE struck last year. One with Deepki, is intended to enable customers to collect energy, water, and waste consumption data for a comprehensive view on environmental performance. The other, with carbon accounting software provider Emitwise, allows customers to collect greenhouse gas emissions data from the supply chain and provide carbon accounting capabilities to suppliers.
Related Stories
Green | Dec 9, 2022
Newly formed Net Zero Built Environment Council aims to decarbonize the built world
Global management consulting firm McKinsey recently launched the Net Zero Built Environment Council, a cross-sector coalition of industry stakeholders aiming to decarbonize the built world. The council’s chief goal is to collaboratively create new pathways to cut greenhouse gas emissions from buildings.
Office Buildings | Dec 6, 2022
‘Chicago’s healthiest office tower’ achieves LEED Gold, WELL Platinum, and WiredScore Platinum
Goettsch Partners (GP) recently completed 320 South Canal, billed as “Chicago’s healthiest office tower,” according to the architecture firm. Located across the street from Chicago Union Station and close to major expressways, the 51-story tower totals 1,740,000 sf. It includes a conference center, fitness center, restaurant, to-go market, branch bank, and a cocktail lounge in an adjacent structure, as well as parking for 324 cars/electric vehicles and 114 bicycles.
Energy Efficiency | Dec 6, 2022
Washington state’s Building Code Council mandates heat pumps in all new residential construction
The Washington State Building Code Council has voted to require heat pumps for all new residential construction starting in July 2023. The new mandate has drawn criticism over concerns that it will add costs to housing construction, especially given current supply chain challenges for heat pumps.
Geothermal Technology | Dec 6, 2022
Google spinoff uses pay-as-you-go business model to spur growth in geothermal systems
Dandelion Energy is turning to a pay-as-you-go plan similar to rooftop solar panel leasing to help property owners afford geothermal heat pump systems.
Sustainability | Dec 5, 2022
5 ways sustainability professionals can help reduce construction's carbon footprint
Mark Chen, Sustainability Manager at Skanska, has found five specific ways to help the construction industry reduce its carbon footprint.
Legislation | Nov 23, 2022
7 ways the Inflation Reduction Act will impact the building sector
HOK’s Anica Landreneau and Stephanie Miller and Smart Surfaces Coalition’s Greg Kats reveal multiple ways the IRA will benefit the built environment.
Wood | Nov 16, 2022
5 steps to using mass timber in multifamily housing
A design-assist approach can provide the most effective delivery method for multifamily housing projects using mass timber as the primary building element.
Energy-Efficient Design | Nov 14, 2022
How to achieve net zero energy in five steps
Martine Dion and Ethan Seaman share net zero energy best practices with owners and developers.
Green | Nov 13, 2022
USGBC updates LEED v4 to better address greenhouse gas emissions and climate change
The U.S. Green Building Council (USGBC) will update the LEED v4 green building certification program to “more directly address greenhouse gas emissions and climate change” according to a USGBC news release.
Green | Nov 13, 2022
NREL report: Using photovoltaic modules with longer lifetimes is a better option than recycling
A new report from the U.S. National Renewable Energy Laboratory (NREL) says PV module lifetime extensions should be prioritized over closed-loop recycling to reduce demand for new materials.
