Sustainability Flashcards
What is net zero carbon?
Balancing of all man-made greenhouse gas emissions through reduction measures therefore reducing the climate balance to zero
Example of measures to reduce carbon emissions
Planting trees
Carbon capture
Energy efficiency improvements
UK aim for net zero
By 2050
Ways for UK Real Estate to contribute
Planting trees/ green spaces incorporated into scheme
MEES
Introduction of modern methods of construction eg modular
Sustainable development
Increase renewable energy use
Reduce construction impacts eg change materials used
Sustainable development
Development that meets the needs of the present without compromising the needs of future generations
RICS sustainability campaigns
RICS Value the Planet Campaign
Aim of campaign
Encourage sustainable practices through encouraging RICS members and firms to support the UNs sustainable development goals
Example of UNs sustainable development goals
No poverty No hunger Good health and well-being Affordable and clean energy Sustainable communities and cities
Other RICS sustainability docs
RICS Sustainability & Commercial Valuation Guidance Note 2013
Motive in new RICS ethical principles and rules of conduct
AY policies
RRR
Encourage clients to implement sustainable practices
Reduce carbon emissions in offices
Three pillars of sustainability
Environmental
Social
Economic
EPC
Energy Performance Certificate
Lasts for 10 years
Measures energy efficiency of both resi and commercial assets
Importance of EPC
All buildings must have one to be let or sold
What is contained in an EPC?
Rating (A+ to G)
Floor area
Estimation of energy costs
Benchmarking info
When require an EPC?
All commercial buildings let or sold over 50sqm
All resi buildings let or sold
Except buildings from EPC
Listed Buildings
Buildings with no heating
Religious buildings
Temp buildings
Buildings to be demolished or redeveloped
Resi buildings not occupied for more than 4 months a year
When is an EPC not required for listed?
When improvements would ‘unacceptably alter the property’s character or appearance’
Obliged to draft EPC to see if improvements are necessary
EPC during marketing
Must be commissioned within 7 days of marketing
Agents responsibility to get EPC
Must be linked in marketing
Items in EPC recommendation report
Install new heating system
Improve lighting
Cavity wall insulation
Energy standards
MEES 2015
What are MEES?
Regs that require a minimum EPC rating of E or above for a building to be let
Effective dates for MEES
1 April 2018 - all new leases
1 April 2020 - all existing resi leases
1 April 2023 - all existing com leases
When are MEES exempt?
Building exempt from EPC
Industrial units with low energy demand (no heating or cooling)
Tenancy less than 6m with no SofT
Not cost effective to make changes
Changes to MEES?
Consultation undertaken by Gov to increase threshold to B/C by 2030
