Phase 2: Underway
Aims to provide detailed understanding of the existing level of resilience at asset level to the projected climate changes identified in Phase 1. It involves the co-development of a climate resilience assessment process with an academic partner, with this process currently in development through a pilot.
Assets have been prioritised based on the results of Phase 1, as well as a screening questionnaire distributed to QIC asset managers to understand the historical sensitivity of the site to natural hazards such as flooding, and the operational impacts suffered.
Once this work is completed, it is envisaged the finalised process will be repeatable across asset classes, allowing us to implement it when considering any potential future acquisitions.