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

Applicable to all buildings (systems or equipment in the owner or landlord’s control)

Answer

Yes or No

Description

Commercial real estate Suggested 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

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

Documentation

    • Climate Risk Assessment, referencing industry-accepted framework used

Adapted BB3 Question

New in BOMA BEST 4.0

Suggested Lead

Third-party

References

Acceptable asset-level risk assessment frameworks include:

Crosswalk

TBD

Other Notes

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)

Scoring

3 Points

Verification