CASE study

How Reitan Eiendom used Telescope to assess risk across their property portfolio

In their 2024 ESG report, Reitan Eiendom shows how they used Telescope to screen their real-estate portfolio for risks related to climate change, biodiversity, and the green transition. The goal? Understand risk. Prioritize actions. Protect long-term value.

April 8, 2025

by

Vegard Blauenfeldt Næss

Portfolio-Wide ESG Risk Screening with

With Telescope, Reitan Eiendom was able to screen all their buildings in bulk – making the process fast and consistent.

In 2023 and 2024 we collaborated with Telescope to establish a systematic climate risk assessment at the property level, where we can easily analyse single buildings or entire portfolios in bulk.

Physical Climate Risk

Telescope helped identify buildings that are exposed to:

  • Flooding
  • Extreme rainfall
  • Sea level rise

Reitan Eiendom found that 14% of their portfolio is at high physical climate risk.

Using Telescope, we identified which properties are most exposed to extreme weather, sea level rise and other climate-related events.

Biodiversity Risk

Telescope was used to screen for local nature and biodiversity pressures, including proximity to vulnerable natural areas.

Through the Telescope tool, we’ve mapped which properties are near vulnerable natural areas and where there is high pressure on the local ecosystem.

This allows Reitan to prioritize locations where action is needed to avoid negative impacts on nature — like adding green infrastructure or nature buffers.

Transition Risk

Telescope also helped assess transition risk — meaning how future-fit each building is in a changing market.

For example, they looked at:

  • Energy efficiency
  • Long-term asset attractiveness
  • Potential obsolescence due to lack of sustainable features
We also use Telescope to assess transition risk – for example, which buildings have low energy performance and are at risk of losing value in a more sustainability-focused market.

Financial Risk: ESG Insights with Real Business Impact

One of the most important outcomes is that Reitan Eiendom now uses Telescope to link ESG risk with financial exposure.

With Telescope, we get an assessment of how climate change can impact the value of our properties… We use this as a foundation in financial risk assessment.

They now use Telescope insights in:

  • CAPEX planning
  • Long-term value assessments
  • Investment prioritization

Summary: What Telescope Helped Reitan Eiendom Do

  • Screen their entire portfolio for climate, biodiversity and transition risk
  • Identify high-risk buildings
  • Get tailored recommendations for action
  • Use the data to guide investment and financial decision-making

Want to Do the Same?

Telescope helps real estate companies like Reitan Eiendom make smarter, faster decisions about ESG risk — across physical climate risk, nature and biodiversity, and long-term market resilience.

Book a demo to see how it works!

Book a demo

More case studies

Read all case studies