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CBRE survey says 75 per cent corporates in India not disaster ready
Project Management group, CBRE conducted a survey on "Disaster Preparedness amongst India Corporates", which included over 100 top corporates in the country and over 350 respondents.
The survey was conducted to increase awareness about disasters, to re-iterate the importance of proactive planning for disaster management and arrive at an industry wide approach for the same.

Here are some key findings of the survey:

96% agree that majority of losses from a disaster occur as a direct result of damage to the built environment, lack of foresight and planning.

  • 97% agree that an integrated and comprehensive approach is necessary to improve the safety of buildings from disasters.

  • 73% feel reviews do not acknowledge disasters.

  • Only 21% attempt to include hazard mitigation measures in projects.

  • 97% agree Periodic audits should made mandatory for all buildings w.r.t codal provisions & compliances with a quarterly frequency.

  • Commenting on the findings of the survey, Anshuman Magazine, Chairman, India & South East Asia, CBRE in a release said, "India's average annual economic loss due to disasters is estimated to be $9.8 billion according to a UN global assessment report on disaster risk. This includes more than $7 billion loss on account of floods. India is a disaster prone country, with 85% of Indian land vulnerable to one or more natural hazards, making it is critical to have plan and gauge an organizations' readiness to deal with such a situation."

    "Integrated and comprehensive approach is necessary to improve the safety of buildings from disasters, thus we strongly advocate an increased private enterprises' engagement with government agencies in disaster risk reduction activities" he added.

    An integrated and comprehensive approach is necessary to improve the safety of buildings from disasters. Similarly the survey also established that periodic audits need to be made mandatory for all buildings with respect to codal provisions and compliances with a quarterly frequency.

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