Moody's Analytics will now make climate risk scores available on its analytics platform, in a move aimed at helping industry pros better quantify the exposure of commercial properties to the physical impacts of climate change. The firm's climate risk scoring methodology analyzes both current and future risk and follows the firm's recent expansion into sub-sovereign climate risk scores introduced by Moody's ESG Solutions.

In making the announcement, the firm noted that the CRE sector bears a significant risk to physical climate hazards like floods and wildfires, as well as chronic risks like sea level rise and heat stress.

"This integration marks an important step in the evolution of our property analytics platform into a full-service risk assessment proposition for the CRE industry," said Luis Amador, General Manager of Moody's Analytics CRE Solutions. "The ability to view property level climate risk data alongside traditional performance metrics offers a competitive advantage at every stage of the CRE lifecycle, from loan or investment screening to ongoing evaluation and reporting. It enables CRE industry participants to build resilience into their portfolios and engage in more forward-looking decision-making."