Sustainability Flashcards
Name a key guidance note in relation to sustainability?
Sustainability and ESG in commercial property valuation and strategic advice, 2021
What changes were brought around in 2019 to the Climate Change Act 2008?
UK were required to achieve net zero carbon by 2050
What is the UK Green Building Council’s framework in regards to net zero carbon?
- Scope
- Construction Impacts
- Reduce Energy Use
- Increase renewable energy
- Offset
What properties are exempt from EPC requirements?
- Some listed buildings
- Religious properties
- Temporary buildings
- Buildings due to be demolished
- Residential units not occupied more than 4 months
- Properties less than 50 sqm
What do MEES stand for?
Minimum Energy Efficiency Standards 2015
How long is an EPC valid for?
10 years
What EPC rating must a property achieve in order to be let on a new lease?
E, from 1 April 2018
When will all existing leases have to achieve an E rating in order to comply with MEES?
1 April 2023
When are properties exempt from MEES?
- If a property does not require an EPC
- Industrial units with low energy requirements
- Tenancy less than 6 months or more than 99 years
- Where it is not feasible to improve the EPC rating ie costs aren’t recovered within 7 years
Who polices MEES and EPC breaches?
Local Authority
What are some penalties for non compliance with MEES and EPC for non domestic properties?
Less than 3 months - up to £5,000 or 10% of RV
More than 3 months - up to £10,000 or 20% of RV
What are some penalties for non compliance with MEES and EPC for domestic properties?
Less than 3 months - £2,000
More than 3 months - £4,000
What are some potential changes to MEES for non domestic properties?
UK government currently in consultation for threshold to rise from an E to C by 2028 and B by 2030
Name some other energy saving regulations?
- ESOS
- CCL
What does ESOS implement for large organisations within the UK?
- Measure energy consumption, transport and industrial activities
- Conduct energy audits
- Report to EA
