How Real Estate Professionals Are Using Climate Risk Data to Make Business Decisions

Urban Land 2 years ago

The implications of climate change are becoming hard to ignore. The frequency of natural disasters has increased significantly in recent years, with the United States experiencing an average cost of $18 billion–plus from climate disasters per year. As these kinds of events have grown more common, calculating climate risk has become a hugely important task for commercial property owners. The topic was the main theme during a panel discussion at the April 2024 Resilience Summit in New York City.
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layersDaily Sustainability Digest

Published about 12 hours ago



The British Antarctic Survey’s £100m Discovery Building is a significant benchmark for sustainable construction, proving that sustainable building design, eco-design for buildings and low carbon design can perform in one of the world’s harshest environments. With the region’s first top BREEAM rating and a projected 25 per cent cut in site emissions, the scheme strengthens the case for whole life carbon, embodied carbon, whole life carbon assessment, lifecycle assessment and life cycle cost as core measures of environmental sustainability in construction. For teams targeting net zero carbon buildings, it shows that net zero whole life carbon depends on building lifecycle performance, energy-efficient buildings and tighter control of the carbon footprint of construction, including embodied carbon in materials.

The sharper risk in Britain is policy uncertainty over Biodiversity Net Gain for nationally significant infrastructure. Without detailed rules on land use, offsets and compliance, major schemes face delay and rising delivery risk just as sustainable design, circular economy in construction, green infrastructure and resource efficiency in construction are becoming standard expectations. Policy clarity now matters as much as engineering if the sector is to keep decarbonising the built environment and deliver credible low carbon building outcomes at scale.

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