Inaction in the face of climate change has a real and measurable cost. The Predibat software developed by Sitowie now allows for the calculation of this cost on a building scale. It takes into account operational losses, rising energy costs, and urgent repairs. This new feature transforms the choice between maintaining or renovating a property into an informed decision. It is supported by accurate data.
Climate inaction, a factor in asset degradation
In the face of environmental challenges and aging buildings, climate inaction is not without consequence. Indeed, according to a study by the World Economic Forum, damages related to climate change could cost more than $1 trillion between 2020 and 2024. This amount, which has doubled in two decades, is directly linked to the impacts of global warming on infrastructure.
If no measures are taken to limit CO2 emissions, global warming could reach 4.8°C by 2100, with disastrous consequences for the global economy. The cost of damages would then be equivalent to 60% of the current GDP according to Ifpen. This is the observation Sitowie proposes its solution: Predibat.
Predibat, the tool for measuring the impact of climate inaction
Predibat, software developed by Sitowie, now allows for quantifying the cost of climate inaction on a building scale. This calculation takes into account several aspects: the cost of works, energy consumption, as well as the loss of revenue in case of significant infrastructure degradation. The software provides an accurate and objective estimate of these costs. This helps property managers make more informed decisions regarding the renovation or reconstruction of their buildings.
A concrete illustration of this approach has been implemented for a French industrialist who had to choose between preserving or rebuilding a key production building. Thanks to Predibat, two scenarios were analyzed over a period of 10 years. In the first scenario, the preservation of the existing asset, while less costly in the short term, presented significant risks of additional costs for emergency repairs and increasing energy consumption. The estimated cost was 2,373 euros per m² over 10 years.
In the second scenario, the construction of a new building, while more costly in the short term, allowed for reducing the risks of cost overruns related to inaction and eliminating revenue loss. Over 10 years, the cost was 2,247 euros per m², which was lower than the first scenario, with the possibility of preserving or even increasing the value of the infrastructure.
Acting to preserve property value: a rational and measurable decision
As Yann Lefeuvre, Scientific Director of Sitowie states: « Inaction entails a loss of revenue. It has a direct impact on energy, greenhouse gas emissions, and even on asset valuation. Delaying works means paying more, later. On average, emergency repairs cost 35% more than those planned in advance.».
Predibat offers a new approach: instead of considering inaction as an abstract situation, it becomes a measurable reality. With this tool, property managers can finally adopt a proactive and rational approach, where each decision is justified by concrete data.
Article based on a press release received by the editorial team.
