SUSTAINABLE BUILDINGS
Asset Classes
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Offices
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Enclosed Shopping Centres
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Open Air Retail
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Light Industrial
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Multi-Unit Residential Buildings
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Health Care Facilities
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Universal
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Focus Area
Resilience and Site
Topic
Climate Planning and Vulnerabilities
Question #
R3.3 – Capital Planning
Question
Are capital upgrade and renewal planning processes informed by climate-related risks?
Applicability
All asset classes
Owner/landlord occupied building
Tenant occupied building – owner/landlord responsible for capital expenditures
Answer & Scoring
- Yes = 3 points
- No = 0 points
- Not applicable – Tenant occupied building: Tenant responsible for capital expenditures = 0/0
Max of 3 points
Requirements
- Provide an explanation of how climate risks are incorporated into planning and budgeting
- Show the inclusion of climate risk mitigation projects that have been incorporated into the 10-year plan
- List completed, initiated or budgeted climate risk mitigation capital projects, identifying the risks addressed
- Indicate the extent of the improvements and the implementation stage
Documentation
- Explanation of how climate risks have been incorporated into planning and budgeting.
- List of climate mitigation capital projects and identify the risks addressed
Suggested Lead
Third-party
Value
Coming Soon
Description
Planning activities to respond to high priority climate risks will increase resilience. Risks must be addressed in operations, including emergency response plans and business continuity plan.
Capital project investments will be required to ensure that assets can respond to and recover from extreme weather events. Projects addressing climate risks should be incorporated into capital projects.
References
- To recover from the impacts of climate hazards and implement resilience strategies, capital investments are required
- Building off R2.3 – Resilience Strategies, include the costs associated with implementing resilience strategies and responding to the effects of climate hazards in the building’s capital planning
Adapted BB 3.0 Question
Question 09.01.13 – Has a resilience or business continuity plan been prepared for the building that includes the following components?
Question 09.01.15 – An adaptation plan based on assessed long-term climate risks