Comprehensive Guide
Outdated Building Codes and Climate Risk
Outdated US building codes are exposing your portfolios to hidden climate risks. Forward-looking risk assessments are crucial to ensuring long-term resilience and informing more effective building designs.
- Many US states still use outdated building codes, ignoring climate change impacts.
- This oversight is putting $275 billion in asset value at risk due to the impacts of flooding, fire, and storms.
- Nearby cities with weak codes can also increase the risk to your properties and tenants.
By clicking 'Download', you agree that Climate X may use your information to contact you about our services or related events.
Outdated Building Codes, escalating Climate Risks
We break down systemic risk exposures and outline how forward-looking assessments protect your portfolios.
The Challenges
Why Outdated Codes Matter
- FEMA data shows patchy code adoption across high-risk zones, which continue to grow regardless of risks.
- Climate change is accelerating and driving more extreme floods, fires, and storms.
- Infrastructure dependencies (bridges, utilities, roads) increase your vulnerability to cascading failures.
Actionable Insights
What can you do today
- Run location-specific climate risk assessments for your assets. Factor in the condition of roads, bridges, and utilities near your properties.
- Align investments with modern codes like the 2024 IBC and IECC.
- Engage with local authorities to understand evolving code requirements and gaps.
Built for Industry
Who Is This
Guide For
- Asset managers overseeing large US real estate portfolios.
- Property managers responsible for climate and operational risk assessments.
- Investment managers looking to reduce hidden climate risks.
Secure your portfolio against Climate Risk
Outdated building codes and outdated climate maps expose your assets to preventable losses. This whitepaper shares insights on how to understand your exposures and steps to enhance resilience in your portfolios.
