How to Assess Physical Risks in the Built Environment

Extreme weather events resulting from climate change are intensifying, posing significant challenges to the resilience of our built environment. To ensure that climate related risks are effectively considered and priced into financial and organisational governance decisions, physical hazard risk assessments can be utilised to understand the risks a built asset faces across its lifetime.

Assessing climate-related risks is becoming a legal requirement for asset owners. 1,300 of the largest UK-registered companies and financial institutions are required to disclose climate-related financial information on a mandatory basis, using guidelines from the Task Force on Climate-related Financial Disclosures (TCFD). This requirement is likely to expand to include smaller organisations by 2025. Now is the time to develop the skills and knowledge to assess physical risk across your portfolio.
UKGBC’s Framework for Measuring and Reporting of Climate-related Physical Risks to Built Assets was written to support organisations to assess their risk, and report in line with TCFD recommendations.
Following the success of UKGBCs Physical Risks Lab, we’re now launching an open learning programme for our members and wider industry to develop the skills and knowledge needed to measure and report risk.
About the course
This practical course, spread across three months, invites delegates to use UKGBC’s Physical Risk Framework and Reporting Tool on one of their own assets. Following an introductory workshop, at which the key concepts with be introduced along with a detailed explanation of the framework and associated materials, delegates will use the assessment tools on a real asset within their portfolio. They’ll use the framework to work through the process of assessing physical risk, learning through practical application and with the support of UKGBC experts and peers on the course.
The course will involve a series of peer group check-ins to discuss the challenges they’re facing and find solutions and will wrap up with an online session for delegates to share their successes.
Upon completion, delegates will have a physical risk assessment for their chosen asset, and the knowledge and skills to assess the risks to other assets in their portfolio.
The course schedule:
Opening workshop
Peer group check-in 1
Peer group check-in 2
Report out
Why join the course?
Who should join the course?
Asset owner
Designer/consultant
Resilience & Nature Partners
Our climate change adaptation work is supported by our Resilience & Nature Partners.
Get involved
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