Quinn & Partners contributed an article to the GRESB Insights Series summarizing a practical approach to managing physical climate change risks in global portfolios.
“Physical risks represent a threat to real estate because buildings must adapt to the changing climate in their region or risk obsolescence. Despite the threat, few owners understand their exposure to these risks and what management strategies currently are in place – especially across global, diverse property portfolios. This is not surprising as there is little industry guidance so it can be intimidating to take that first step into a previously unexplored area. That is why we worked with our client, The Healthcare of Ontario Pension Plan (HOOPP), to develop a pragmatic approach to assessing risk and resilience.”
See the full article here: A Practical Approach to Assessing and Managing Physical Climate Change Risks in Global Portfolios