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October 26, 2021

Assessing Climate-Related Risk & Resiliency

By Partner ESI

ASSESSING CLIMATE RELATED RISK AND RESILIENCY

Hurricanes on the East Coast. Wildfires in the West. Record temperatures and consecutive storm events throughout the country. The reality of extreme weather events requires a proactive approach to quantifying and mitigating risk, with resilience strategies identified during due diligence and implemented upon aquisition. This article discusses ways to incorporate ESG+R metrics into due diligence and gather actionable data to improve resilience to climate-related events and the long term impacts of climate change in this article from NAREIM Dialogues.

About the Authors

Partner ESI

Partner ESI

Founded in 2007, Partner Engineering and Science Inc., is the leading provider of engineering, environmental, energy, and construction consulting for the commercial real estate (CRE) industry. Touching 1 in 5 CRE transactions in the U.S., Partner is widely recognized as the largest and best provider of third-party physical due diligence reports, including Phase I Environmental Site Assessments, Property Condition Assessments, Seismic Risk Assessments, Zoning Reports, ALTA Land Title Surveys, and Construction Risk Management. Partner’s connectedness to the CRE market gives it an unparalleled view into CRE trends and risk management insights. Partner also provides a full suite of consulting services to support the entire real estate lifecycle, including: Geotechnical Consulting; Building Systems Consulting; Capital Management and Project Implementation Support; Environmental Health & Safety Consulting; Energy, Sustainability & Resilience Consulting; and Site Civil Engineering. With a responsive approach scaled for speed and agility, Partner helps clients manage risk, make smart investments, optimize asset performance, and win at their real estate investment strategies. Based in Torrance, Calif., Partner has over 1,400 employees in 40 offices around the globe.

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