Climate-Related Risk Playbooks for Building Owners
REALPAC is pleased to release the Climate-Related Risk Playbooks for Building Owners, developed in collaboration with REALPAC members, the Canada Green Building Council, and JLL Canada, with support from Natural Resources Canada. Designed to offer practical guidance, the playbooks help asset and investment managers navigate both physical and transition climate risks.
Each playbook is structured around three key areas:
- Introduction
- Financials
- Technology & Operations
REALPAC has released playbooks for the Apartment, Industrial, Office, and Retail sectors. The four playbooks examine regulations, portfolio- and asset-level decision-making, and financial implications. They also provide guidance on carbon transition planning, emissions reduction prioritization, and physical climate risk assessment and planning, including resilience considerations related to extreme weather events.
Together, the playbooks support more informed, data-driven decision-making as the sector advances toward a lower-carbon, more climate-resilient future.
As part of the Transition Planning Now initiative, additional resources are available to provide concrete steps to identify and assess exposure to climate-related physical risks and energy-transition risks, conduct financial analyses such as cost-benefit assessments, funding opportunities, and investment planning, and define a recommended path to lower carbon emissions, higher energy performance and long-term asset value. Visit the Transition Planning website to learn more.