Understanding Climate Risks for Land and Property in New South Wales
Understand the NSW Law Society Guidance on Climate Risks with our free summary
The Law Society of NSW has released guidance on how climate change risks interact with solicitors’ professional duties – a key step in helping lawyers assess these issues.
This paper outlines the Guidance, explains types of climate risk (physical and transitional), and offers practical ways to meet your duties and advise clients.
Extra due diligence may involve obtaining specialist reports on climate and environmental risks affecting a property.
Download the free summary guide now.
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The ClimateIndex™ Report
Delivering Clarity on Climate Risks for Land and Property
The first desktop report on current and future climate risks to identify potential impacts on financing, insurance and sale/purchase of NSW land and property.
Preparation is key, and understanding your property’s exposure to risks like bushfires can make all the difference.
The ClimateIndex™ report, available through InfoTrack Australia, provides clear, actionable insights into current and future bushfire risks, helping residents, businesses, and communities plan ahead.
The ClimateIndex™ Report FAQs
We have produced a detailed and handy guide to The ClimateIndex™ Report by answering some of the typical questions about the analysis module.
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Enabling Climate-Driven Decisions for Land and Property Professionals
Australia is in the front line of climate change. Our communities and businesses have witnessed such extremes of flooding and bushfires in recent years and now is the time to take action and think ahead about what the future could bring. Our mission is to ensure that our climate-challenged society makes positive, sustainable and responsible land and property decisions.
Find out more about usLegal Opinion: Do Real Estate Lawyers in NSW Owe Their Clients a Duty of Care to Advise and Warn in Relation to Climate Risk?
Conveyancers and real estate lawyers play a central role in advising their client on any risks with their planned home or investment asset. Going forward, climate change represents perhaps the single greatest risk to both property values and peace of mind.
We commissioned Norton Rose Fulbright, the pre-eminent environmental law practice in Australia, to consider the duty of care and other factors for NSW legal professionals. Their findings, which are being considered by the Australian Law Commission and NSW Law Society, are available exclusively through Groundsure.
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Understanding the Climate Challenge
The climate is fundamentally changing our lives, communities and businesses. It has gone beyond being a fringe, scientific discussion to one that could become existential or overwhelm people’s livelihoods. We are already familiar with the catastrophic flooding and bushfires in recent years, but the scale of Australian real estate affected and the financial losses are huge.
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Tell us what you think
We believe that Australian home buyers need better, actionable information about where they can live and to make sustainable property investment decisions.
We are working with lawyers, lenders, insurers and key associations to deliver an effective way to advise clients and to mitigate conveyancers and real estate lawyers from potential future climate litigation.
Come and join our Legal Climate Forum and continue the discussion and be the first to know about new developments!
