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
Sustainability | Apr 28, 2020
Could a virtual 'city-forest' help solve population density challenges?
The project will house 200,000 people.
Sustainability | Apr 16, 2020
This will be the largest Living Building in the world
ZGF Architects is designing the building.
Sustainability | Mar 31, 2020
Passive house standard becoming increasingly popular for multifamily housing development
Residents reap healthier indoor environment, lower utility bills.
Plumbing | Mar 13, 2020
Pioneer Industries launches new website
Pioneer Industries launches new website
Sustainability | Mar 12, 2020
Containing CO2 during construction
New tools make it easier to measure embodied carbon in materials before they get used for construction.
Sustainability | Mar 2, 2020
City of Buffalo to launch the largest environmental impact bond in the country
EIBs offer a novel approach to pay for high-impact projects based in part on the environmental, social, and/ or economic outcomes they generate.
Architects | Mar 2, 2020
Two ‘firsts’ for Sasaki and LEO A DALY
Following an industry trend, the firms hire chiefs of technology and sustainability, respectively.
Sustainability | Feb 26, 2020
Sustainability in a material world
The concepts of embodied carbon, zero waste, and deconstruction and reuse often run on parallel tracks.
Sustainability | Feb 12, 2020
KPF unveils The Pinnacle at Central Wharf, a high-performance, resilient tower
The project will reconnect Downtown Boston to the waterfront.
Sustainability | Feb 6, 2020
Passive House picks up steam
Passive solutions that reduce a building’s energy consumption could get more viable as cities toughen CO2 emissions limits.
