ClimateFirst

Core Features

ClimateFirst applies a building-level, engineering-led approach to climate risk by combining climate models with detailed asset data. Its methodology focuses on translating physical climate hazards into financial outcomes and practical resilience actions. Specific features include:

• Climate Risk Exposure Screening – Identifies and rates location-specific hazards such as flooding, heat, and wildfire for each asset.

• Building System Modelling – Assesses how climate stress affects individual systems (e.g. HVAC, structure), rather than treating assets as a whole.

• Resiliency Planning Tools – Provides prioritized actions to reduce risk and maintain asset performance.

• Scenario-Based Forecasting – Uses climate projections over different time horizons (e.g. 5–30 years) to inform long-term planning.

• Reporting Alignment – Supports ESG and real estate frameworks such as LEED, GRESB, and other resilience standards.

Closing Insights

ClimateFirst has been tested with real estate investment funds and is being adopted by property owners, REITs, and institutional investors managing office, residential, and industrial portfolios. Its use cases vary—from due diligence during acquisitions to long-term capital planning—reflecting the growing need to quantify climate risk in financial terms rather than qualitative scores.

A key capability is its application of Climate Value at Risk (CVaR), which expresses risk as a dollar value. This allows different stakeholders—finance teams, asset managers, and sustainability teams—to work from a common metric when prioritizing investments. The platform has also been used alongside partners such as ClimateCheck to combine hazard data with financial modelling, strengthening its analytical depth.

As climate-risk disclosure requirements begin to take effect, ClimateFirst is positioned as a tool for integrating resilience planning into standard asset management workflows.