Last year, we worked together with insurance partner Aon to determine the climate change-related risks affecting our properties. This report has now been completed, allowing us to assess existing and potential assets for four types of risk: cyclone, flood, bushfires and earthquakes.
cyclone, flood, bushfires and earthquakes.
In this way, we can see whether an asset is adding to the overall risk of our portfolio, or reducing it – and help our Investment Committees make more informed decisions about which properties we will purchase, retain or sell.