HemeraScope Asset Management

Stranding risk — CRREM pathway

Year each building's flat-to-current trajectory crosses the CRREM 1.5°C UK office pathway

Pathway data placeholder — the curve below is derived from publicly-documented CRREM anchors, not from the licensed v2.05 dataset. Full data pending CRREM License Partner agreement. Numbers should not be used for binding investment decisions until the licensed bundle ships.

What the chart shows

Pawston House strands first

At 33.6 kgCO₂e/m² the building is already at or past the CRREM 1.5°C anchor for 2025. The Old Exchange holds until ~2035; Riverside Court ~2042 — though that figure assumes the benchmark-estimated tenant energy is correct, which the data-coverage flag warns against.

Portfolio-weighted by floor area: ~27.5 kgCO₂e/m². Pawston House dominates the weighting and is already at or past the 2025 anchor of the CRREM 1.5°C UK office pathway.

Pathway vs asset trajectories

CRREM 1.5°C — UK office

Pawston House (flat-to-current)

The Old Exchange (flat-to-current)

Riverside Court (flat-to-current)

Stranding year by building

Building	Current kgCO₂e/m²	Stranding year	CI95	Status
Pawston House	33.6	2025	2024–2026	Stranded now
The Old Exchange	11.2	2035	2033–2037	Strands before 2035
Riverside Court	5.2	2042	2039–2046	Aligned through 2035

Stranding year = first year the flat-to-current trajectory crosses the CRREM 1.5°C pathway. CI95 reflects the σ band on current intensity (the same uncertainty engine that produces the headline footprint band). Riverside Court's wide CI is a symptom of its rung-5 benchmark data, not climate uncertainty.