Lockton boosts climate risk analysis capabilities

Lockton Global Real Estate and Construction is working with Moody’s Four Twenty Seven to help clients evaluate climate-related risks and exposures within their portfolios.

Four Twenty Seven uses data-driven risk analysis to score assets’ exposure to the physical risks associated with climate change and other environmental issues, allowing real estate investors to evaluate the long-term risk exposure of portfolio holdings and engage with asset operators to improve resilience and bolster risk management capabilities; support property and asset managers in their portfolio analysis and risk monitoring activities; and help banks to identify any climate-related risks in commercial and residential mortgage portfolios.

Steve Rust, real estate and construction partner at Lockton, commented: “Right now, it’s more important than ever for the real estate and construction sectors to better prepare themselves for the great risk that climate change holds globally. By harnessing the power of data, especially in relation to locations, Four Twenty Seven can help us additionally support clients with invaluable awareness of long-term climate risks, allowing them to make better informed decisions, and plan a strategy for the future. This is an exciting opportunity and we look forward to building a productive, forward-thinking partnership.”

Emilie Mazzacurati, global head of Moody’s Climate Solutions and CEO of Four Twenty Seven, commented: “Understanding an asset’s exposure to hazards such as floods, storms and wildfires is critical to risk management processes, including decisions around insurance and asset-level resilience investments. We’re delighted to partner with Lockton to help a broader range of stakeholders access forward-looking information on their climate risk exposure.”

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