
In this episode, we address the critical need for UK banks to manage real estate climate risk and the threat of stranded assets in their portfolios. It highlights the Bank of England's 2025 climate disclosure requirements, emphasising the necessity for forward-looking risk management and alignment with the UK's net-zero targets by 2050. We discuss CRREM (Carbon Risk Real Estate Monitor) as the industry standard for assessing decarbonisation pathways and explain how Lookthrough, a licensed CRREM partner, offers a simplified, scalable solution for banks to meet regulatory demands. We suggest proactive adoption of advanced analytics to transform climate risk into new business opportunities, stressing the significant financial and reputational costs of inaction.