Australia is in the front line of climate change.
Our communities and businesses have witnessed such extremes of flooding and bushfires in recent years and now is the time to act and consider the potential impact on land and property decisions.
Conveyancers and Property Lawyers must now fulfil their key duties and obligations within the Law Society of NSW Guidance on Climate Risks.
Lenders and Insurers are now also taking greater consideration of flood, bushfire and coastal erosion risks that could impact asset values and portfolio risk exposure.
Land and property professionals can now quickly and effectively identify current and future climate risks at a property-specific level with the Groundsure ClimateIndex™ Report. Available initially in New South Wales, this is the first desktop report of its kind
Key Features:
- Identifies 3 key physical risks: flooding, bushfires and coastal erosion
- Current, 5-year and 30-year forward risk predictions
- 3-tier traffic light risk assessment for easy understanding
- Hyperlinks to the relevant data pages
- Full colour mapping
- Next steps guidance specific to each identified risk
Key Benefits
- Supports your duty of care in advising your client on climate change risks in the property transaction.
- Combines trusted sources with unique, proprietary data modelling for an unrivalled approach.
- Provides your client with a clear identification of the main physical risks over the next 5 and 30 years.
- Helps identify potential issues with insurance or mortgage availability.
- Additional guidance enables easy explanation to your client.
How to order
The Groundsure ClimateIndex™ Report is available to order now through InfoTrack for New South Wales properties.
For more information on ClimateIndex, speak to your InfoTrack account manager or email us at info@groundsure.com.au.