Clarion Partners actively assesses both owned assets and potential new investments for physical, transition, and social factors that could potentially become an investment risk or a hazard to building occupants. We utilize the Task Force for Financial Disclosures (TCFD) framework to ensure our climate and resilience programs are comprehensive and aligned with a global standard.
- Review risks during initial due diligence including climate impact, natural hazards, health and safety, and consumption data.
- This initial reporting outlines both current deficiencies and efficiency opportunities, enabling Asset Managers to mitigate selected risks related to the function and efficiency of sustainability efforts and prioritize and budget for respective projects.
- Our ESG consultant conducts the first risk/resilience assessment, and a follow-up assessment is typically conducted by Clarion with an outside resilience vendor.
- Clarion manages and tracks utility data for select funds and separate accounts to monitor progress towards our long-term goals and performance targets.