FAQ
Here are the most frequently asked questions. If your question is not included, please reach out to us here
Climate risk assessments are analyses that help identify and evaluate the potential impacts of climate change on a specific asset, property or location. There are assessments that consider physical risks, such as floods, storms or rising sea levels and others that focus on transition risks, such as regulatory changes or market shifts. The goal is to inform decision-making and help mitigate or adapt to the identified risks.
Our climate risk assessments allow to understand and prepare for the main risks related to climate change for the specific asset analyzed. In addition to serving as documentation for certifications, implementing measures to adapt to climate change leads to various benefits, including higher valuations, higher rent income and easier access to capital.
Physical risks are risks that arise from the physical impacts of climate change, such as sea-level rise, floods, or heatwaves. On the other hand, transition risks refer to risks associated with the transition to a low-carbon economy, such as policy changes, shifts in market demand, and technological advancements.
A location-based analysis is a type of climate risk assessment that analyzes the potential risks associated with a specific location. It considers the climate hazards that are relevant to that area and determines the level of risk for a given location.
An asset-based analysis is a type of climate risk assessment that focuses on the climate risks related to a particular asset, such as a building or infrastructure, taking into account its specific characteristics. It involves analyzing a wide range of asset-specific data, including the building or infrastructure’s design, construction, age, location, materials, and more, to determine its vulnerability to physical climate hazards. Additionally, potential adaptation measures can be suggested to increase the resilience of the asset.
Adaptation measures are actions taken to prepare for and respond to the impacts of climate change. These can include modifications to buildings and infrastructure, changes to land use, and the development of early warning systems and emergency response plans. The goal of adaptation measures is to reduce the vulnerability of assets and communities to the consequences of climate change, and to increase their resilience.
Mitigation measures are actions taken to prevent the emissions of greenhouse gases in the atmosphere (e.g., switch to renewable energy sources, increase energy efficiency) or enhance the capture and storage of these gases (e.g., expand forests or other carbon sinks such as wetland areas).
Asset/building data is provided by the users based on available information. Providing data such as the type of construction, the roof type or the number of floors, allows for a more precise result of the risk analysis. For a location-based analysis only an address is needed.
The data can be entered manually for each building or imported in bulk from existing sources.
The benchmarks included in our assessments are based on a reference European portfolio taking into account various locations, destination of use and risk profiles.
Our analyses align with the forward-looking requirements of the most used frameworks (e.g. TCFD) and analyze risks until the year 2100. On our dashboard, it is possible to select different risk scenarios and display the relevant data, charts and maps, as well as asset or portfolio comparisons.
Location-based analyses require a few hours from the order to generate a full climate risk assessment related to the location of the asset.
Asset-based analysis in a light version can be run contextually to the location-based analysis. The in-depth assessment requires up to 2 weeks from the order, provided that all the necessary information has been uploaded. Detailed asset information allows for a more accurate assessment.
No, we are not a certifying entity. We provide the high-quality Climate Risk Assessments that are needed, among other requirements, to get the DGNB certifications. We had very positive feedback from our customers and our company has been recommended also by DGNB.
Many of our customers have successfully completed the EU Taxonomy certification process with DGNB. Our climate risk assessments are appreciated for the scientific approach, the depth of the analysis and the quality of the results.
Our asset-based climate risk assessments are often used for the EU Taxonomy certification process by various entities, including DGNB. Please note that additional requirements may apply to get the certification.
Our platform and assessment methodology are regularly aligned with regulatory requirements (e.g., SFDR, EU Taxonomy, CSRD, Swiss Climate regulation) and relevant international frameworks (e.g., TCFD, GRESB, GRI). In addition, we continuously include scientific developments in climate research for more advanced climate models and recent data.
Sustainaccount is a cloud-based SaaS platform. You can access it through our portal and our systems are compliant to security requirements and privacy regulation. Our servers are based in the European Union.
No, there is no specific software or hardware requirement. Our platform is cloud-based and accessible through a web-browser. All you need is an internet connection, a modern web browser and an active subscription to our platform.
Please consult our subscription options and available features here or contact us for more information.
Our platform is easy to use and no training is needed. We provide video tutorials that help navigate the platform and we are available to support you for any question or request you may have.