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Climate Resilience for Physical Assets

An Approach to Assess Climate Risks

Companies and organizations will need to up their game as climate-related disasters become more common and pose considerable risks such as operational disruptions, safety concerns, and physical asset damage to their asset base. Business as usual will not suffice, especially as reporting obligations on climate risks become mandatory for companies.

Climate Change and Reporting Obligations as the Urgent Driver of Action

The severe global trends and profound repercussions of climate change need immediate and comprehensive risk assessments for physical assets of companies in order to take the appropriate adaptation actions in response to the risk. Additionally, reporting obligations on climate risks increasingly become mandatory for organizations. However, the advantages of embedding climate risk assessments into asset risk management processes extend well beyond mere compliance.

Level up Your Company’s Climate Risk Resilience

Climate Risk Assessments offer companies with the opportunity not only to quantify the tangible impact of climate risks on their assets but also to gauge the effectiveness of implemented adaptation measures. This newfound knowledge empowers organizations to make informed decisions concerning the future of their assets. Companies can proactively enhance their asset resilience and ensure their long-term value. In most companies and organizations, this topic is of interest to Sustainability as well as Asset and Facility Managers.

The Belgian climate projections with a high level of spatial detail are an essential data source for climate adaptation and climate risk assessments in Belgium.

- Rozemien De Troch from the Belgian Climate Centre

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