2025 Highwoods Corporate Resiliency Report | ESG, Sustainability & Real Estate Performance - Flipbook - Page 14
2 0 2 5 CO R P O RATE RESI LIENCY REPORT
ASSET RESILIENCE INDEX AND
CLIMATE RISK MODELING
We firmly believe that a resilient portfolio must consider
both financial and non-financial risks.
Property-level physical climate risks are a key
consideration of our resiliency risk assessment process.
To quantify these risks, we conduct an annual insurance
resilience assessment utilizing a catastrophe modeling
framework to estimate the potential financial impacts
associated with physical climate risks like flooding and
wind events and secondary building characteristics
including the location of critical building infrastructure
and curtain wall quality. This assessment provides a
quantitative framework for understanding and mitigating
potential physical climate impacts, helping us proactively
prioritize investments in resiliency measures at individual
properties and across our portfolio.
This assessment process revealed critical infrastructure
needs for our Tampa and Orlando properties. To mitigate
risks from storm surges and sea level rise, we have
deployed flood barriers at various assets designed to
shield essential infrastructure and maintain operational
continuity during extreme weather events.
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TRUIST PL ACE | TAMPA
150 FAYETTEVILLE | RALEIGH
CLIMATE RESILIENCE
To complement our internal resiliency risk assessment
process, we partnered with Chubb Insurance in 2025 to
conduct comprehensive Physical Risk Assessments (PRA)
at Truist Place in Tampa and 150 Fayetteville in Raleigh.
Led by experienced climate engineers, these assessments
evaluated a variety of physical climate risk factors and
resiliency measures at the building level, in the supply
chain and across our communities resulting in targeted
recommendations for building improvements and access to
critical resources. Beyond physical upgrades, this process
facilitated discussions between our asset management
teams and broader supply chain partners on refining our
contingency and business continuity plans for responding
to extreme climate events and to consider broader climate
risks associated with key commodities such as reliable
energy and clean water supply at our properties.
FLOOD BARRIER | TAMPA
TRUIST PLACE | TAMPA
FLOOD BARRIER | ORLANDO
150 FAYETTEVILLE | RALEIGH
