Real estate resilience is the ability of a facility to adapt to and withstand disturbances while retaining the same basic structure, function, and self-regulation. Resilience includes the capacity of an asset to adapt, adjust, withstand, and recover from various external forces, including global climate change.
Partner Energy’s Climate Risk and Resiliency Assessments utilize the property’s historical data and regional climate data to identify risks from climate change, natural disasters and man-made impacts. We also consider the specific client’s risk tolerance and investment objective in order to make targeted recommendations that are based on factors such as asset hold period. The result of the assessment is an inventory of potential risks, list of property specific recommendations for risk mitigation measures, as well as cost and savings calculations.
Risk factors are assessed on a regional and site-specific level and may include:
- Climate Change and Natural Disaster Factor Examples:
- Flooding and Sea Level Rise
- Extreme Temperatures
- Precipitation and Storms
- Volcanic Activities
- Avalanche and Landslides
- High Winds
- Man-Made Impact Factor Examples:
- Air Quality
- Greenhouse Gas (GHG) Emissions
|Risk Factor||Mitigation Measure Example|
|Precipitation and Storms||
Partner Energy’s deep knowledge of building science, real estate, and sustainability allow us to deliver concrete and actionable resiliency recommendations that provide improvements or upgrades to the asset. We also regularly develop custom resiliency assessment protocols to meet the individual needs of clients.
Our Climate Risk and Resiliency Assessments can be ordered as a standalone service or as an add-on to Property/Facility Condition Assessments, Energy and Water Audit, or Environmental Site Assessment. Learn more about our Integrated Property Report for ESG.