“Doing a climate risk inventory is a key part of future-proofing our buildings and being able to anticipate risks linked to extreme weather events such as torrential rain, rising sea levels and forest fires,” says Johan Knaust, CEO of K2A. “As a green property company, we focus sharply on how we can help mitigate climate change, but we also need to prepare ourselves to tackle the changes and risks we still face.”
The initiatives have taken place in stages. In the first stage, which took place in 2021, all buildings older than three years were environmentally certified and inventoried regarding climate risk. This work constituted the single largest initiative in the areas of environmental certification and the assessment of climate risk ever conducted in Sweden.
As of 31 December 2022, properties corresponding to 63 percent of K2A’s property value were inventoried regarding their climate risks. Work has progressed during 2023, and the final stage of the inventory was concluded in the third quarter of the year.
