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Sustainability > General q&a > Flashcards

General q&a Flashcards

1
Q

What is Sustainability?

A

Meeting the needs of the present without comprising the ability of future generations to meet their needs

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2
Q

What is Sustainable Development ?

A

Development that meets the needs of the present without comprising the ability of future generations to meet their needs

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3
Q

What is Triple Bottom Line?

A

Sustainability framework that measures a business success in 3 key areas; profit,people,planet

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4
Q

Examples of sustainable initiatives

A

EVCP
IBOS systems
Net Zero Asset Plans
Cycle store rooms

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5
Q

Examples of sustainable design features

A

Led lighting
Low-flow fixtures
Solar panels
Green roofing

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6
Q

Examples of office procedures

A

Recycling (zero waste to landfill)
Cycle to work schemes
Environmental champion for each office

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7
Q

What are SUDS?

A

(Sustainable Urban Drainage Systems)

Slow surface run off by allowing to soak into natural contours and landscapes (sustainable alternative to conventional drainage)

  • reduce flood risks
  • Improve water quality
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8
Q

What is a heat pump?

A

take heat from air/ground to warm building
- Air Source Heat Pump (ASHP)
- Ground Source Heat Pump (GSHP)

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9
Q

How can people/businesses be more sustainable?

A

Consume less (reduce, reuse recycle)

Travel smarter

Limit plastic consumption

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10
Q

What does Global Professional Guidance Note Sustainability and Commercial Property Valuation state?

A
  • Valuers must be fully aware if the ways sustainability may impact on teh levels of value tehy report
  • Impact of climate change on location, physical characteristics of buildings, attitudes of investors and occupiers
  • These factors all impact market rent, market value, investment value
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11
Q

What are building regulations & what part applies to sustainability? 

A

A set of regulations and standards that all new buildings must be built to 

Structure, fire safety, ventilation, drainage and waste disposal, conservation of fuel and power, electrical safety etc.

Part L

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12
Q

What does The Energy Act set out? 

A

1st April 2023 - unlawful to continue to let a commercial property with an F and G EPC rating

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13
Q

Is there any RICS guidance on sustainability?

A
  1. Sustainability and ESG in Commercial Property Valuation and Strategic Advice, 3rd edition, 2021
  2. RICS Global Professional Guidance Note: Sustainability and Commercial Property Valuation 2017
  3. RICS environmental Risks and Global Real Estate 2018
  4. RICS Sustainability Report 2023
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14
Q

Tell me about key sustainability legislation you are aware of?

A

Energy Act 2023
Climate Change Act 2008 - updated in 2019 to legally commit the UK to net-zero carbon emissions by 2050. Commercial properties are expected to contribute by improving energy efficiency, retrofitting older buildings, and adopting renewable energy sources.
Environmental Act 2021 - act is central to improving air quality, biodiversity, water resources, and waste reduction
The Building Regulations 2010 (Part L) - focuses on the conservation of fuel and power

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15
Q

What is NPPF?

A

National Planning Policy Framework

  • sets out government’s planning policies for England
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16
Q

What does NPPF say about sustainable development?

A

emphasises sustainable development as a core principle in planning in England

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17
Q

Can you tell me about any Climate Change Conventions or protocols you are aware of?

A
  1. UN Framework convention on Climate change - main international treaty in fighting climate change
  2. Kyoto Protocol - International agreement linked to UN framework convention, which commits its parties to setting internationally binding emissions reduction targets
  3. Paris agreement
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18
Q

What is the Paris agreement?

A
  • Legally binding treaty on climate change - includes commitments from all countries to reduce tehri emissions and work together to adapt the impacts of climate change
  • Aim to limit global warming to well below 2°C above pre-industrial levels, with efforts to restrict the temperature rise to 1.5°C.
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19
Q

What is COP?

A

UN Climate Change Conference

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20
Q

What is the UK legislation for tacking climate change? 

A

Climate Change Act 2008 

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21
Q

What is the climate change act 2008?

A

The Act contains a legally binding goal for reducing UK greenhouse gas (GHG) emissions to Net Zero by 2050.

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22
Q

What is the latest amendment of Climate Change Act 2008? 

A

2019 update to achieve Net Zero Carbon by 2050 

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23
Q

What is net zero? (carbon neutral)

A

A balance where carbon emitted into atmosphere equals carbon removed from atmosphere 

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24
Q

What different codes of practice are you aware of for measuring sustainability?

A

BREEAM (Life cycle assessment)

SKA RATINGS
- An RICS Environmental assessment method to benchmark and standardise fit outs  

LEED
- LEADERSHIP IN ENERGY AND ENVIRONMETAL DESIGN (used worldwide)
- Ratings silver, gold, platinum

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25
Q

What are advantages of BREEAM?

A
  • Increases asset value, reduces operating costs and is good fro marketing
  • BREEAM rated achieve 20% premium on rented and sales prices
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26
Q

What is BREEAM?

A

BUILDING RESEARCH ESTABLISHMENT ENVIRONMENTAL ASSESSMENT METHOD

Sets best practice standards for the environmental performance of buildings through specification, design, construction and operation.

Assessment is undertaken by a licensed assessor and evaluates categories (EG energy, water use, pollution etc) and then rates building and provides certification (Outstanding, excellent, very good, good, pass, unclassified)

 9 categories of BREEAM:

Energy

Land use

Water

Health and Wellbeing

Pollution

Transport

Materials

Waste

Management

27
Q

What is Passivhaus?

A

International design standard
- high level of occupant comfort while using very little energy for heating and cooling

28
Q

What does EPC include? 

A
  1. Address
  2. Cert no.
  3. rating
  4. Recommendations on how to improve rating
29
Q

When do you need to display an EPC?

A

Total floor area larger than 500sqm
Construction of new building
Property is being sold or rented
When modifications or Renovations are made
Publicly visited buildings

30
Q

How does EPC impact upon value?

A

A higher rating not only insures lower energy bills but also positions teh property as eco-friendly, increasing factor in determining commercial property value

31
Q

What buildings are exempt from having an EPC (MEES)?

A

Tenancies under 6 months/over 99 years
Listed buildings
Religious buildings
Buildings with no heating
Temporary buildings
Buildings due to be demolished/developed

32
Q

What are the penalties for not having an EPC?

A

Fine 12.5% of RV

33
Q

What are MEES?

A

Minimum energy efficiency standards
- introduced by the government to improve the quality and increase the energy efficiency of the worst performing privately rented buildings. - England and Wales

34
Q

How does MEES impact your role?

A

Requirement to understand landlords responsibilities and ensure MEES standards of properties to both let and continue letting

35
Q

Timeline of MEES?

A

1st April 2023 - Landlord cannot continue letting a building/unit with EPC below E

1st April 2027 - Minimum EPC of D (anticipated)

1st April 2030 - Minimum EPC of C (anticipated)

36
Q

When are LL’s exempt from complying with MEES? 

A
  1. Can demonstrate that all cost effective energy efficiency improvements within the 7 year pay back or within green deals golden rule have been carried out
  2. Consent to undertake works is declined by third party (council or incumbent tenant)
  3. Suitably qualified expert provided written advice that improvements would result in devaluation of the property by 4-5% or works damage the property
  4. Exceptions last five years logged on central register
37
Q

When can LL let building with EPC F or G? 

A

If registered on PRS Exemptions Register EG made all improvements and still below an E 

38
Q

What is the penalty for not complying with MEES when should be? 

A
  • Up to 3 months of non-compliance: The penalty can be up to £5,000 or 10% of the property’s rateable value, with a maximum of £50,000.
  • More than 3 months of non-compliance: The penalty can increase to £10,000 or 20% of the property’s rateable value, with a maximum of £150,000.
39
Q

What are the implications for LLs? 

A
  • Some properties will be illegal to let unless upgraded
  • Valuations will be impacted and marketability diminished
  • Rent reviews could be affected
  • Implications for dilapidations may come about
40
Q

What is the purpose of a Sustainability Checklist? 

A

Measuring stick for staff and council/board to ensure development proceeds in accordance with teh communities sustainability values

41
Q

What procedures does your firm implement to promote sustainability? 

A

Recycling 

Energy efficient lighting (motion sensors, LEDS)

No waste to landfill policy 

Company cars moving to hybrid/Electric vehicles

42
Q

Name some sustainable building methods?

A

Use of recycled materials, reclaimed timber etc.

Ground source heat pumps

Air source heat pumps

Solar Panels

Green roofs

Daylighting and Natural Ventilation

43
Q

What is your understanding of Green Roofs

A

A roof covering that has vegetation placed over a waterproof membrane
Advantages: absorbs rainwater, provide insulation, increase biodiversity, lower urban air temperatures

44
Q

What are Photovoltaics?

A

Allow the conversion of sunlight into electricity.

45
Q

What is solar gain and how can it be managed in buildings? 

A

Increase in temperature due to solar radiation
Limit size of windows and use reflective material or Low Emissivity on glass

46
Q

What is a DEC? 

A

Display energy certificate - details information about how public buildings use energy

£500 fine if not displayed 

£1,000 for failing to have possession of DEC or advisory report

47
Q

When is a DEC required?

A

At least partially occupied by a public authority

Total floor area over 250 sq m

Frequently visited by the public

48
Q

What must accompany a DEC?

A

Advisory Report - to help owners and occupiers improve energy efficiency

49
Q

What is a carbon budget? 

A

Places restrictions on the amount of GHGs Uk can emit over period of 5 years
UK is first country to set legally binding budgets

50
Q

What is Infrastructure Act 2015? 

A

Legislation for planning and infrastructure that targets transport, energy provision and significant infrastructure projects in the UK

51
Q

What is Corporate Social Responsibility?

A
  • Self-regulating business model that helps a company be socially accountable to itself, its stakeholders and the public
  • Encourage companies to operate in ways that enhance society and teh environment
52
Q

Explain your understanding of the Heat Network (Billing and Metering) Regulations 2014?

A
  • Purpose to drive energy efficiency and reduce carbon emissions from heating
  • Achieved through installation of meter devices and billing based on consumption
53
Q

What is a green lease?

A
  • Standard lease with additional clause included which provide for teh management and improvement of the environmental performance of a building by both owner and occupier
54
Q

Is incorporating sustainable measures into developments expensive?

A

No, it has been found that sustainable options often add little or no capital cost to a development project

Where measures are expensive, they can be frequently paid back through lower operational costs, leading to savings over the life of the building

e. IBOS

55
Q

What is ESOS?

A

Energy Savings Opportunity Scheme
- Companies employing more than 250 employees or 50m euro turnover must take part in the assessment scheme
- Eligible companies need to to carry out every 4 years

56
Q

What is the SECR regime?

A

Streamlined Energy and Carbon Reporting
- requires obligated companies to report on their energy consumption and associated GHGs within their year-end reporting for companies
- applies to companies on LSE and 250 employees & 46 mill turnover

57
Q

Do you understand the Carbon Reduction Commitment, now called the CRC efficiency scheme?

A

Legally binding carbon reduction cap scheme
-> limits amount of carbon large organisations can use

58
Q

What is the Climate Change Levy? (CCL)

A
  • From 2019 which is a tax on energy to non domestic users, renewable energy sources exempt
  • aims to increase efficiency and reduce carbon emissions
59
Q

What happened to the Code for Sustainable Homes?

A
  • UK national standard for the sustainable design and construction of new homes, introduced in 2006.
  • It aimed to encourage homebuilders to adopt higher standards of energy efficiency, water conservation, and overall environmental sustainability in housing.
60
Q

What did Rishi Sunak announce in September 2023 regarding the UK’s Net Zero target?

A

Reaffirmed the government’s commitment to achieving net zero carbon emissions by 2050, he outlined a less aggressive timeline;
- Delay in Ban on Petrol and Diesel Cars: The ban on selling new petrol and diesel cars was pushed back from 2030 to 2035.
- Gas Boiler Phase-Out Extended
- Energy Efficiency and Heat Pump Targets: Financial incentives, such as grants for heat pumps, were increased by 50%,

61
Q

How long are EPCs valid for?

A

10 years from the date it is issued

62
Q

RICS views on sustainability?

A
  • Aware that the built environment accounts for 40% of global carbon emissions, and have made alterations to documents to champion sustainable practices.
  • RICS also commented on sustainability report 2021- client/ivestor no.1 driving force behind growth in esg investmnets, rising occupier demand for sustainable buildings and green leases.
63
Q

What is key RICS doc in relation to valuation and sustainability?

A

Sustainability & ESG in Commercial Property 2021
- Offers guidance for surveyors thinking about how sustainability impacts on value
- investors are conscious and inefficient buildings can be a liability for future= more CAPEX costs

64
Q

When must an EPC be commissioned for marketing?

A

Within 7 days of marketing, all online marketing material must have link to EPC front page

Sustainability (1 decks)

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