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Free Webinar: Aligning Resilience Goals in the Built Environment: How Risk Management Processes & Standards Incentivize Resilience, July 22,1 pm ET
Event Description
Given the increasing frequency and severity of natural hazards and the dire predictions of climate scientists, it is imperative to redouble efforts to mitigate climate change and adapt to reduce the catastrophic risks of a worsening climate and sea level rise. Likewise, it is important to proactively address natural hazards caused by geological processes, such as earthquakes.
However, there are always competing priorities within capital and operational budgets for buildings and infrastructure, making it challenging to appropriately allocate funding to mitigate potential future risks. For investors, lenders, insurers, and property managers, it is increasingly important to assess climate and natural hazard risks and vulnerabilities, and to prioritize, plan, and implement resilience measures to guard against future losses.
This interactive panel session will introduce the emerging practice of climate and natural hazard risk assessment. Learn about some of the tools and methods currently being used to assess and mitigate vulnerabilities while improving the resilience and performance of new and existing buildings.
Panelists will explore how the standards and information gathered during commercial real estate (CRE) finance and development can drive resilience investment. This will include an introduction to the new ASTM E3429 Standard Guide for Property Resilience Assessment and its application in CRE transactions, as well as a guide for resilience-focused capital improvement planning. Panelists will also share an overview of new resilience requirements included in frameworks and new voluntary standards, such as the USGBC’s LEED version 5 rating system, the application of the U.S. Resiliency Council (USRC), and the FORTIFIED program standards by IBHS, all currently being used in CRE finance and development.
Learning Objectives:
Assess how hazards are impacting buildings and infrastructure.
Understand how regulatory and industry trends are affecting commercial real estate.
Review the primary risk management processes and standards for hazards.
Consider how these processes and standards can be used to reduce risks and create value in commercial real estate.
Director of Sustainability, Building Science Solutions, Intertek
- Even Reis
Executive Director and Co-Founder, U.S. Resiliency Council
Helena Ariza
Vice President, Sustainability & Resilience, AEI Consultants
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