CLIMATE CHANGE OPPORTUNITIES & RISK GRI 102-12, 102-15, 102-29, 102-30, 103-1, 103-2, 201-2
DOC recognizes that climate change risk is a global issue that may impact how we run our business, both today and in the future. We continue to look for ways to improve our understanding of climate-related risks. We are working to integrate climate risk variables into our overall risk management process as a multi-disciplinary process that engages our Board of Trustees and management team.
RISK EVALUATION As a long-term owner of a nationwide medical office real estate portfolio, Physicians Realty Trust focuses on climate preparedness as part of our overall sustainability strategy. To provide a framework for success, in 2020 DOC began the process of implementing the recommendations of the TCFD and expanded on them in 2021.
To date, we have established formal processes for resilience planning, including, but not limited to, business continuity and disaster recovery planning. These forward-looking plans include risk identification and the coordination of plan development, preparation, and maintenance in a local emergency or widespread disaster at the corporate and property levels. Responsibility for these measures is distributed across several departments within the company, including Senior Leadership, Asset Management, Construction and Project Management, Leasing, Marketing and Communications, and Property Management.
“ With the real estate industry comprising over 40% of the world’s primary energy consumption, companies like ours are working to mitigate their business impact on the environment. By reducing our carbon footprint, we become the change we want to see across the sector.”
Ryan Yetzer Senior Manager, Construction and Sustainability
INTRODUCTION
OUR ENVIRONMENT
OUR PEOPLE
OUR GOVERNANCE
APPENDICES
