Climate Risk Analysis
Environmental vs. climate risk in context
Environmental Due Diligence and Climate Risk Assessment address two distinct dimensions of risk. Environmental Due Diligence focuses on identifying existing or historically driven environmental impacts at a site. In contrast, Climate Risk Assessment evaluates how climate change may affect the future resilience and long-term performance of a property. Both perspectives are complementary, yet each relies on different objectives, data sources and time horizons.
Our approach to climate risk and vulnerability assessment
As part of our climate risk and vulnerability assessment, we identify and evaluate the physical climate risks relevant to the property in line with the requirements of the EU Taxonomy. The results are consolidated in a property-specific report, including recommended adaptation measures where required under the EU Taxonomy.
Our core services
- Clear introduction and explanation of the assessment in the context of EU Taxonomy requirements
- Definition of key concepts and transparent description of our methodology
- Identification of location-specific climate hazards using the K.A.R.L.-TAXO tool provided by Köln Assekuranz
- Assessment of the physical climate risks arising from these hazards, taking into account the vulnerability of the asset
- Identification and evaluation of suitable adaptation measures, where necessary
- Summary of all findings provided in either German or English
Climate hazards considered in our assessment
Temperature
- Long-term temperature changes
- Chronic heat stress
- Increased temperature variability
- Thawing of permafrost
- Acute heatwaves
- Acute cold spells or frost events
- Wildfires and landscape fires
Wind
- Long-term changes in wind patterns
- Cyclones, hurricanes and typhoons
- Severe storms (including snowstorms, dust storms and sandstorms)
- Tornadoes
Water
- Long-term changes in precipitation patterns and intensity
- Variability in precipitation and hydrological conditions
- Ocean acidification
- Saltwater intrusion
- Rising sea levels
- Water scarcity
- Acute drought events
- Heavy precipitation (rain, hail, snow or ice)
- Flooding (coastal, riverine, pluvial or groundwater flooding)
- Glacial lake outburst floods
Reference projects
Technical Transparency for Complex Residential Portfolios
TA GURU Delivering Precise CAPEX Assessments for Net Zero
Sustainable Refurbishment Targeting BREEAM Excellent
Consistent CAPEX Assessment Across the Entire Asset Set
TA Europe Supports the Refinancing of SI Centrum in Stuttgart
Paving the Way for the Refinancing of Multiple Data Centres
Sustainability Verified. Investment Security Established.
A Look into the Future of Modern Office Spaces in Munich
Safeguarding Performance to Achieve Climate Targets
