Climate Change Adaptation & Resilience Advisory Service

Climate Change Adaptation & Resilience Advisory Service

Introduction

In the face of escalating climate change consequences across the globe, real estate organizations are prioritizing thorough climate risk evaluations to diminish physical hazards, protect investments, and foster a more sustainable and resilient built environment. 

Bureau Veritas stands as a trusted partner for real estate enterprises, offering comprehensive solutions to fortify resilience and drive sustainable adaptation strategies that safeguard assets and operations. 

Our industry-leading Climate Change Resilience Service empowers organizations to enhance their environmental performance and climate resilience. Bureau Veritas experts deliver comprehensive risk assessments, devise tailored resilience strategies, and seamless implementation support, empowering enterprises to withstand physical threats and navigate the low-carbon economy transition with confidence. 

Sectors: 

  • Real estate and facilities. 

Geographies: 

  • Globally.
2024 is set to be the hottest year on record, exceeding 1.5°Cabove pre-industrial levels for the first time.
The global mean sea level has risen by approximately 20 cmsince 1900, with the rate of increase accelerating.
The impact of climate-related disasters has increased significantly, with an average of 17major events per year from 2014 to 2023, compared to an average of 3.3 per year in the 1980s.

Challenges

Real estate assets are increasingly vulnerable to the intensifying impacts of climate change, such as rising temperatures, sea-level rise, and extreme weather events. 

To address escalating physical risks stemming from climate change and safeguard asset value, real estate enterprises are leveraging climate adaptation strategies, investing in climate resilient infrastructure, and making climate disclosures to stay ahead of risks associated with evolving regulations and meet consumer preferences in the low-carbon transition to future-proof their portfolios and maintain a competitive edge. 

With Bureau Veritas' Climate Resilient and Adaptation Advisory Service, real estate companies can holistically assess climate risks, implement adaptation strategies, ensure regulatory compliance, and enhance asset resilience and operational sustainability.

CRITICAL USE CASE

Bureau Veritas is providing climate change adaptation and resilience advisory services to a leading personal care corporation. This support is focused on the corporation's compliance with the Corporate Sustainability Reporting Directive (ESRS E1) and the EU Green Taxonomy. The advisory services involve analyzing 1,200 of their premises to assess financial climate risks on their infrastructures, equipments, and internal processes. This includes conducting a risk assessment, evaluating vulnerability, and estimating the financial impact of these risks under different IPCC scenarios.   

Our impact

Bureau Veritas can help clients identify and mitigate climate-related risks, enabling them to build more resilient operations and infrastructure. By leveraging Bureau Veritas' expertise in areas like risk assessment, sustainability, and compliance, clients can develop effective strategies to adapt to the impacts of climate change, priorities their investments, improve business continuity, reduced financial losses, and enhanced long-term viability.

WHY BUREAU VERITAS?

As a global leader in sustainability services, Bureau Veritas empowers real estate businesses to proactively mitigate climate risks and drive long-term resilience. Our Climate Change Resilience Solutions harness extensive industry experience and technical prowess to develop tailored strategies that fortify asset portfolios against escalating environmental challenges. Partner with Bureau Veritas to safeguard investments, gain a competitive edge, and transition environmental changes into opportunities for sustainable growth.

Our services

  • Risk Evaluation: Comprehensive analyses to identify and quantify physical risks from extreme events and transition risks associated with the low-carbon economy transition. 

  • Vulnerability Assessment: Expert assessments of real estate portfolio, property, and infrastructure vulnerabilities to climate hazards based on location, materials, and asset lifecycles. 

  • Mitigation Strategies: Tailored strategies for enhancing resilience through structural reinforcements, operational adjustments, and adaptation measures based on risk and vulnerability assessments.

  • Implementation Support: End-to-end support for seamless execution of resilience strategies, from planning and design to construction oversight and commissioning, ensuring compliance.

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    Bureau Veritas helps real estate enterprises build resilience and protect assets sustainably.

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Our 190 years of experience in Africa enables us to offer our clients customized service.

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