
Episode #52
Albert Slap on Why Property Climate Risk Requires More Than a Hazard Score
In this episode: Albert Slap, President of RiskFootprint, joins Net Zero Compare to discuss why physical climate risk is becoming increasingly important for property owners, investors, lenders, insurers, and businesses with physical assets. The conversation explores why traditional property due diligence, environmental assessments, and flood-zone maps may not capture the full picture of natural-hazard exposure. Slap explains that understanding risk requires looking beyond regional hazard data to the vulnerability of individual buildings, including factors such as construction type, elevation, drainage, roof strength, building systems, and previous resilience improvements. He also discusses the limitations of simplified climate-risk scores and why companies should pay closer attention to hazard-specific data, expected losses, and potential downtime. The episode highlights the ASTM Property Resilience Assessment framework as a practical way to identify hazards, evaluate vulnerability, and assess measures such as flood barriers, stronger roofing, improved drainage, and the relocation of mechanical or electrical equipment. For companies managing large portfolios, Slap recommends screening assets first, then prioritizing strategically important high-risk properties for more detailed assessment and investment. The discussion also examines how resilience can support insurance, financing, asset value, business continuity, and long-term capital planning. A key takeaway is that physical climate risk should not be treated only as an ESG reporting exercise. The real value comes from connecting climate-risk data with practical decisions at the asset level. Read the full article: https://netzerocompare.com/podcasts/net-zero-compare-podcast/albert-slap-riskfootprint Guest: Albert Slap, President of RiskFootprint https://www.linkedin.com/in/albert-slap-740182a6 Interview by: Karol Kaczmarek, Co-Founder of Net Zero Compare https://www.linkedin.com/in/karol-kaczmarek-39a29651/ #AlbertSlap #RiskFootprint #ClimateRisk #PhysicalClimateRisk #ClimateResilience #RealEstate #RiskManagement #ESG #SustainableFinance #NetZero #NetZeroCompare *** At Net Zero Compare, we deliver clear, data-backed insights for decision-makers navigating ESG reporting, net-zero compliance, and clean energy adoption. https://netzerocompare.com Contact us: info@netzerocompare.com Explore the Academy: https://netzerocompare.com/academy Read more insights: https://netzerocompare.com/articles






