HIW CRR 2023 v8 - Flipbook - Page 11
BUSINESS CONTINUITY
Our senior leadership team, with oversight from our
Board of Directors, continuously refines our business
continuity plan and enterprise risk management
framework to respond to changing market,
environmental and financial conditions.
This proactive approach, along with the
commitment of our coworkers and a strong balance
sheet, enables our organization to successfully
navigate through challenges as well as capitalize on
opportunities resulting from thoughtful planning
and deliberate decisions.
We strive to create healthy and adaptable workplaces
that anticipate the changing needs of our stakeholders
and promote health and well-being. In a time when
our industry is quickly evolving, we believe that
business continuity and resiliency planning is critical
for market differentiation, responsible corporate
citizenship and long-term financial success. Looking
towards the future, we will continue to plan for
unforeseen events, reimagine what is possible and look
at every challenge as a way to build a stronger, more
resilient organization.
PHYSICAL RISK MITIGATION MEASURES AND CLIMATE ADAPTATION IN TAMPA
As part of our routine climate risk assessments, we pay particular attention to assets located in climateprone areas that are susceptible to storm intensity, rising sea levels and flooding.
One Harbour Place is located near the Tampa Bay Harbor, where our customers enjoy water views and
near-perfect weather most of the time. To harden this asset and make it more resilient against flooding,
a flood barrier wall was constructed to protect the building’s critical infrastructure, such as the electrical
system and the fire and life safety system. These climate adaptation measures and the investments in
making our portfolio more resilient against climate risks pay significant dividends to our customers, our
stakeholders and to Highwoods.
ONE HARBOUR PLACE | TAMPA
FLOOD WALL
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