SUSTAINABLE BUILDINGS

Asset Classes

Focus Area

Resilience and Site

Topic

Climate Hazards and Risks

Question #

R2.3 – Resilience Strategies

Question

Have resilience strategies been identified to address the most significant climate risks at the building and site level?

Applicability

All asset classes
Owner/landlord occupied building
Tenant occupied building

Answer & Scoring

  • Yes = 3 points
  • No = 0 points

Max of 3 points

Requirements

    1. Conduct a Climate Risk Assessment and highlight the framework used to undertake the assessment, as well as the Representative Concentration Pathway (RCP) scenario(s) evaluated
    2. Acceptable asset-level risk assessment frameworks include CRREM, PIEVC, ISO 31000, GRESB or similar, but must focus on the individual property.
    3. If not identified in the report, for each of the highest risks, indicate any measures that have been implemented to address identified risks. Examples include equipment and supplies, infrastructure upgrades, retrofits or other tangible actions
  • IPCC’s recommended Representative Concentration Pathway (RCP) scenario(s) is RCP8.5. See: The Intergovernmental Panel on Climate Change and Representative Concentration Pathways (Government of Canada)

    Documentation

    • Climate Risk Assessment, referencing industry-accepted framework used

    Suggested Lead

    Third-party

    Value

    • Building on R2.2 – Rank Climate Hazards, once climate-related hazards that impact a building are assessed and ranked, identify resilience strategies to respond to these hazards
    • Resilience strategies minimize the impact of climate-related hazards on the building and its occupants, protects assets, and reduces costs.
    • Engage a qualified professional to recommend resilience strategies to prepare and respond to the most significant climate-related hazards

    RELATED Questions:

    Description

    Commercial real estate leaders are increasingly recognizing the risks posed by extreme weather events that will continue to occur more frequently than in the past. Design and operations need to focus on business continuity, safety, and wellbeing to reduce risks to assets, occupant health and safety, and services.

    The inclusion of climate resilience in planning, preparation, and implementation projects will reduce risks to ensure that people and property are protected, costs are minimized, reputation is maintained, environmental effects are reduced, and asset value is enhanced.

    While the previous Question provides guidance on conducting a high-level assessment of risks to your facility, having a comprehensive assessment done that follows one of the acceptable climate risk assessment frameworks will provide greater depth and detail, and can provide a stronger foundation for planning and decision-making, particularly if completed by a climate

    References

    Acceptable asset-level risk assessment frameworks include:

    Adapted BB 3.0 Question

    New in BOMA BEST 4.0