Strategy & Disclosure (including TCFD)
Climate Resilience is gaining importance for Real Estate
Climate risk and transition opportunities are already impacting the way companies are run and how real estate assets are valued and financed. Rising temperatures, sea-levels, and an increase in extreme weather are just some of the physical risks that have begun to impact investment decisions.
TCFD disclosures are becoming mandatory
Many governments are introducing obligatory climate-related financial disclosures, based on the TCFD framework developed by the Taskforce for Climate-related Financial Disclosures – since 2022, reporting is required in the UK whilst the US and the EU are gearing up to introduce similar mandates and reporting standards.
What we offer
EVORA has expert knowledge of Climate Resilience, climate-related disclosure frameworks (TCFD), regulations (FCA, SEC, SFDR) and standards (ISSB) and experience in evaluating climate risks and opportunities for commercial real estate, in actual and financial terms. Our interdisciplinary team guides our clients through the process of risk screening, assessment and quantification, climate strategy development and implementation and preparation of disclosure. We collaborate closely with our Green Finance team who support our clients on establishing and operating green finance frameworks.