Climate Change Report

• A polygon search functionality, which allows for finer granularity and precision in reporting. Suitable for every transaction.
• Presents short, medium, and long-term climate-based risks visually through maps & graphics.
• An intuitive format providing clear explanation as well as advice and recommendations
• It includes potential changes to physical risk that may impact the property. These physical risks are listed below. The report also reviews energy performance, which is a key transitional risk for property to adapt to as the UK transitions to a low-carbon economy.
• Each section includes recommendations and advice to help the property lawyer discharge their duty when disclosing on potential future climate risks.

Physical Risks:

• Flood – Overall risk includes river, coastal and surface water flooding.
• Ground Stability – Natural subsidence risk
• Heat Stress
• Coastal Erosion

Transitional Risk: Energy Performance –

• Current Property EPC rating: Confirms if the property has an EPC, its validity, rating and when it was last inspected.
• Potential rating: Confirms what the properties potential rating, and a modelled estimate of cost to achieve rating
• Multiple EPC’s shown where relevant to the property

Report introduces the topic of climate change and why it is important to help the property lawyer discharge their duty.

During a residential property transaction where the property lawyer has been instructed to disclose on potential future climate risks.

Further reading

Landmark asked leading experts in their property-related fields to contribute to a white paper, which sets out the physical and transitional risks that the industry faces – and proposes workable solutions to the challenge of reporting on and responding to the risks.

Read the executive summary of the Landmark Climate Change white paper here

Additional, you can also check out a series of Landmark blog posts here:

• A duty to warn of climate-related risks
• How property lawyers can act now on climate change
• Reflections at the end of COP 27
• Climate change: there is no time left for prevarication or procrastination
• Climate change: you can’t fix what you don’t measure