Sustainability Flashcards
What is the common definition of sustainability?
Bruntland report - development that meets the needs of the present without compromising the future generation
Can you name some key concepts of sustainable development?
Needs - particular that of the poor
Limitations - on meeting todays needs and the futures
What is the Kyoto protocol?
1997 - target for 37 countries to reduce emissions by 5%
What was the UK’s agreement for reductions under the Kyoto protocol?
12.5% reduction of green house gases
What is the latest agreement on climate change?
Paris agreement
What is the purpose of the Paris agreement?
To hold global temperature levels
What is COP26
Conference to accelerate climate change
What UK legislation was enacted as a result of the Paris agreement
Climate change act 2008
When is an EPC required?
When a building is built sold or rented
What is listed on an EPC?
Energy rating
Energy use
Typical energy costs
Recommendations on reducing consumption
When must you display an EPC?
Commercial greater than 500sqm
How long is an EPC valid for?
10 years
When is an EPC not needed?
Place of worship
Temporary buildings
work shops non-resi agricultural buildings
Listed buildings
Residential used less than 4months per year
What penalties are there for no EPC?
Failure prospective buyer/tenant to provide a = fine of 12.5% of RV
£200 fine for failure to provide to enforcement authority
When is a DEC needed?
Public building over 250sqm which the public visit
How long is DEC valid for?
10 years or annually if over 1,000sqm
What are the implications of MEES?
No new leases or renewals of F&G related by 2018
No existing leases of F&G rated property by 2023
What buildings could be except from MEES?
EPC not required in place of worship, low energy demand industrial
Tenancy under 6 months with no security of tenure
Tenancy over 99 years
Are there any exceptions from MEES?
Golden rule - EPC rating not improved to E or above despite all improvements being made with payback of 7 years or less
Devaluation - improvements would reduce value by 5%
Third party consent by a tenant, superior landlord or planning authority refused
What does BREEAM stand for?
Building Research Establishment Environmental Assessment Method
What is BREEAM?
Voluntary scheme of environment impact for non-domestic buildings, refurbished and in use.
Its categories evaluate energy and water use, health and wellbeing, pollution, transport, materials, waste, ecology and management processes. Buildings are rated and certified on a scale of ‘Pass’, ‘Good’, ‘Very Good’, ‘Excellent’ and ‘Outstanding
What part of building regs relates to conservation of power and fuel?
Part L
What RICS guidance note is there for sustainability?
GN Sustainability and commercial property valuation (2nd edition).
Should valuers reflect sustainability characteristics in valuation?
Yes - to the extent a well informed and advised purchaser would account for them
