Three Texas cities lead YardiMatrix’s list of U.S. metro areas with the most environmental risk.
Houston, Austin, and Dallas all received low scores in the firm’s recent ESG report, in the categories of “natural disasters” and “government response.” The analysis included the February 2021 winter storms that claimed 150 lives statewide, and yielded power, food, and water shortages, affecting more than 4.5 million residents. Property damages exceeded $20 billion because of the freakish winter weather.
After the three Texas cities, Tampa and Los Angeles were next on the list of the riskiest U.S. metros. Four cities had the least environmental risk: Boston, Indianapolis, Minneapolis, and Portland. The least risky cities were in states that are taking environmental risk seriously.
Concerns about financial firms’ ability to assess environmental risk has spawned a new industry of consultants that analyze environmental data examine the impact on markets and individual buildings. This field will acquire better data and metrics as it matures, the report says.
Related Stories
Codes and Standards | Feb 6, 2017
New white paper on modular bathroom pods offers insight on best uses
When to use them, cost, and installation are issues that are explored.
Codes and Standards | Feb 3, 2017
Justice in Design initiative to explore how to design a modern jail
The report will inform design principles for New York City jails.
Codes and Standards | Feb 1, 2017
Massachusetts, Colorado, Illinois lead annual Top 10 States for LEED Green Building list
LEED for Building Operations and Maintenance the most popular rating system in top 10 states.
Codes and Standards | Jan 31, 2017
Planning for world’s first floating city underway
New approach to resiliency examined in French Polynesia.
Codes and Standards | Jan 30, 2017
Denser development could reduce emissions more than building energy retrofits
More tightly packed cities would cut building emissions significantly, study says.
Codes and Standards | Jan 27, 2017
Calif. legislator proposes statewide solar mandate for new buildings
It would be the first such requirement in the U.S.
Codes and Standards | Jan 25, 2017
Standard baseline for measuring building efficiency needed
EUI could push sustainability through market-driven approach.
Codes and Standards | Jan 23, 2017
Workers, local officials rally for new construction safety law in New York City
The new law would require those who work on 10-story-plus buildings to go through an apprenticeship program.
Codes and Standards | Jan 23, 2017
Prominent Atlanta construction executive faces charges in $1 million bribery scheme
The company has worked on some major projects, including Hartsfield Airport.
Codes and Standards | Jan 20, 2017
New resource lists green incentives by state
USGBC's new Public Policy Library includes tax and energy benchmarking policies.
