Taking Action to Improve Resilience and Disclose Performance
U.S. Department of Energy (DOE) Better Buildings Summit Finance + Resilience Initiative
Part 2 of the Finance + Resilience mini-series will focus on different mechanisms for financing resilience projects, reporting frameworks for disclosing resilience performance, and pulling everything into a resilience risk management plan.
Commercial, Multifamily, Financial Services
- Mike Doty, Director Energy Efficiency Lending, Greenworks Lending (LinkedIn)
- Guy Van Syckle, Senior Manager, Hannon Armstrong (LinkedIn)
- Brenna Walraven, President and CEO, Corporate Sustainability Strategies (LinkedIn | Twitter)
Date and Time
Tuesday, April 28, 2020
12:00PM -1:00PM Pacific Time
About the Finance & Resilience Initiative
Resilience is emerging as a critical issue for commercial buildings, particularly in light of recent disruptions from climate and weather events. Owners and operators of commercial properties are placing greater emphasis on improving the resilience of their assets and mitigating risk from natural disasters and other stressors. At the same time, financial markets are beginning to think more seriously about how to manage systemic resilience risk in portfolios of real estate assets.
Research shows that resilience and financial performance are closely linked. Investors, mortgage lenders, and insurers are increasingly concluding that climate and resilience risk can have a meaningful impact on financial returns and that managing this risk is a critical part of fiduciary duty. Building owners are putting resilience plans in place to preserve the value of their properties, protect occupants, and attract investment. However, resilience is a fluid topic, and many building owners are unsure where to start and what tools are available to help.
In response, the Department of Energy launched the Finance and Resilience Initiative in 2019. This effort brings together leading experts from finance, insurance, real estate, and other fields to foster clarity, collaboration, and guidance on emerging resilience issues and how they affect energy and financial performance in buildings.
About Better Buildings Initiative
Better Buildings is an initiative of the U.S. Department of Energy (DOE) designed to improve the lives of the American people by driving leadership in energy innovation. Through Better Buildings, DOE partners with leaders in the public and private sectors to make the nation’s homes, commercial buildings and industrial plants more energy efficient by accelerating investment and sharing of successful best practices.