Further development of Climate Risk Monitor leads to more insight into climate risks

In 2021, we developed a tool called the Climate Risk Monitor which could identify the climate risks for real estate based on data from the KNMI Climate Effect Atlas and Climate Adaption Services (CAS). This tool has since been further developed and professionalised, based partly on the recent ‘Framework for climate adaptive buildings’ of the Dutch Green Building Council (DGBC).

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Thanks to the contribution of the DGBC we can make an even more accurate environmental scan and soon an optimised building scan. Using these, we will know down to the level of individual building and plot of land exactly the scale of the various climate risks.

The current improved tool divides climate risks into four distinct themes: heat, drought, flooding and extreme precipitation. Then it gives a score for each climate risk theme to every building and plot in the real estate portfolios of a.s.r. real estate. The higher the score, the greater the climate risk. Heat stress, for example, is largely experienced in densely built-up areas. In cities, people are more likely to suffer from it during a heat wave, because the heat stays longer. Heat stress is more of an issue in buildings such as offices or apartment complexes where people are present for long periods of time, than in shopping centres, for example, where most users are only there temporarily. Using data from the Climate Effect Atlas, we can see where heat stress might have the greatest impact. We can also use this data to come up with measures to increase climate adaptation. For example, you can counter heat stress by greening gardens and roofs – something that we are already actively working on within the ASR Dutch Core Residential Fund . This also increases biodiversity.

You can now read the full press release at the link below