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 | Aug 29, 2016
Vancouver, B.C., to require zero emissions on new buildings by 2030
No net GHG emissions will be allowed.
Energy Efficiency | Aug 17, 2016
Investor Confidence Project aimed at raising trustworthiness on energy efficiency projects
The new initiative screens projects to see if they are investor-ready.
Sustainability | Aug 4, 2016
S.F. Bay Area voters approve first-of-its-kind tax to fight impact of climate change
The funds from the tax will be used to restore wetlands
Sustainability | Jul 12, 2016
Wellness is the missing link to sustainable real estate value
Healthier and happier employees benefit a company’s bottom line. Paladino senior project manager Divya Natarajan writes that the proof lies within results from the evidence-based WELL Building Standard.
Urban Planning | Jun 9, 2016
Triptyque Architecture designs air-cleansing hanging highway garden in São Paulo
The garden would filter as much as 20% of CO2 emissions while also providing a place for cultural events and community activities.
Sustainability | Jun 8, 2016
New program certifies the performance of existing buildings in the U.S.
BREEAM USA, an offshoot of a program already in place in Europe, aims to ease the point of entry.
Urban Planning | May 31, 2016
The entire Swedish city of Kiruna is being relocated to prevent it from collapsing into underground iron mines
Kiruna, the northernmost city in Sweden, and its 20,000 residents will be moved two miles to the east by 2040.
Green | May 23, 2016
Perkins+Will achieves first Living Building Challenge Certification with Vancouver visitors center
The VanDusen Botanical Garden Visitor Centre was recognized for its use of healthy building materials, on-site renewable resources, and filtered rainwater to meet greywater requirements.
Wood | Apr 29, 2016
Anders Berensson Architects designs 40-story wooden skyscraper for Stockholm
The structure, which will be made entirely out of cross-laminated timber, will rise 436 feet into the air, making it Stockholm’s tallest building.
Sustainability | Apr 20, 2016
5 ways rapid tech growth can drive sustainability leadership in Seattle
Paladino's Nash Emrich writes that Seattle can keep its edge in sustainability by leveraging new energy performance transparency rules, using wellness to attract top tech talent, and embracing innovative commuting options.
