PHYSICAL CLIMATE RISK ASSESSMENT
EI Group Inc. is pleased to announce our partnership with Environmental Risk Innovations (ERI), a leading consulting firm specializing in environmental risk management for commercial lenders. Together, we offer a Physical Climate Risk Assessment service aimed at helping organizations understand and mitigate climate-related risks associated with their properties.
Understanding Climate-Related Risks
Climate change poses significant risks to properties and infrastructure, including increased heat, precipitation variability, drought, windstorms, wildfires, and flooding. Our Physical Climate Risk Assessment evaluates these risks across six categories to provide an understanding of the potential impacts on properties.
Our Evaluation Process
- Risk Identification: Our assessment identifies and evaluates the level of risk associated with each climate-related hazard, including heat, precipitation, drought, wind, fire, and flood.
- Standard Flood Hazard Determination Form: We complete the Standard Flood Hazard Determination Form following the guidelines set by the Federal Emergency Management Agency (FEMA) to assess flood risk accurately.
- Data Analysis: Our team of professionals analyzes the collected data to identify potential climate-related risks to collateral properties.
- Findings and Mitigation Strategies: We summarize our findings and provide actionable mitigative strategies to help organizations effectively manage and mitigate climate-related risks.
|🌟 Why Choose EI Group Inc. and ERI?
|Expertise: Our partnership brings together a wealth of experience and expertise in environmental risk management, ensuring accurate and comprehensive assessments for our clients.
|Customized Solutions: We understand that every property and organization is unique, which is why we tailor our assessments and mitigation strategies to meet the specific needs and objectives of our clients.
|Regulatory Compliance: Our assessments adhere to industry standards and guidelines, including those set by FEMA, to ensure regulatory compliance and reliability.
Take Control of Climate Risk
Don’t let climate-related risks catch you off guard. Contact EI Group Inc. and ERI today to learn more about our Physical Climate Risk Assessment service and how we can help you understand and mitigate climate-related risks to your properties. Together, let’s build resilience and protect your investments for the future.
I have nothing but good things to say about The EI Group. The responsiveness, professionalism and level of competency of your people is second to none. I have enjoyed having a reliable source for environmental reviews to depend on.
Climate Action in Financial Institutions Initiative: Inspiration for the PCAF Global Accounting and Reporting
Welcome back to our Banks, Borrowers, and Climate Change series! In case you missed our introduction to the series, you can read it here. Our first blog in the series, “Banks, Borrowers and Climate Change: How Disclosure of GHG Emissions Will Impact the Lending Process for Publicly Traded Corporations” is also available. The bottom line: The SEC will require public companies, including banks, to disclose annual carbon emissions from their operations in their annual report.