How does the interpretation of physical climate-risk data vary across regions? And how will climate migration affect investors? These are some of the issues Elena Alschuler, head of sustainability, Americas, with LaSalle, and Julie Manning, global head of climate and carbon, also with LaSalle, address in an interview published in the July/August issue of Institutional Real Estate Americas, about how investors are gathering and using climate-risk data in their investment decision making.
“The incorporation of climate risk into industry processes has emerged as a relatively new focus in recent years. This necessitates a thoughtful approach to assessing and enhancing the resilience of buildings, as well as making informed decisions regarding portfolio risk mitigation,” says Manning.
“In climate-risk assessment, we’re always dealing with scenarios, so we’re never going to get to a place where all the models agree. It would be beneficial, however, to hav