Although the days of corporate pushes for environmental, social and corporate governance-based investing have waned, climate risk data is an increasingly hot commodity for commercial real estate. “Climate risk is moving from a secondary ESG consideration to a core underwriting input,” said Jeremy Porter, chief economist at First Street, a nonprofit that provides climate risk modeling for assets involving incidents such as floods, heat and severe storms. The climate risk assessment industry, which includes a few hundred firms, is poised to double to roughly $13B in value by 2030, according to Boston Consulting. “Real estate investors are now mostly including it in their process, which is a big deal,” said Joseph Sumberg, head of real estate at Galvanize. Contemporary climate modeling is evolving, both due to new technologies and the realization that a once-stable climate is becoming more and more erratic.