Sustainability

Question 1

What is the common definition of sustainability?

Answer 1

Bruntland report - development that meets the needs of the present without compromising the future generation

Question 2

Can you name some key concepts of sustainable development?

Answer 2

Needs - particular that of the poor
Limitations - on meeting todays needs and the futures

Question 3

What is the Kyoto protocol?

Answer 3

1997 - target for 37 countries to reduce emissions by 5%

Question 4

What was the UK’s agreement for reductions under the Kyoto protocol?

Answer 4

12.5% reduction of green house gases

Question 5

What is the latest agreement on climate change?

Answer 5

Paris agreement

Question 6

What is the purpose of the Paris agreement?

Answer 6

To hold global temperature levels

Question 7

What is COP26

Answer 7

Conference to accelerate climate change

Question 8

What UK legislation was enacted as a result of the Paris agreement

Answer 8

Climate change act 2008

Question 9

When is an EPC required?

Answer 9

When a building is built sold or rented

Question 10

What is listed on an EPC?

Answer 10

Energy rating
Energy use
Typical energy costs
Recommendations on reducing consumption

Question 11

When must you display an EPC?

Answer 11

Commercial greater than 500sqm

Question 12

How long is an EPC valid for?

Answer 12

10 years

Question 13

When is an EPC not needed?

Answer 13

Place of worship
Temporary buildings
work shops non-resi agricultural buildings
Listed buildings
Residential used less than 4months per year

Question 14

What penalties are there for no EPC?

Answer 14

Failure prospective buyer/tenant to provide a = fine of 12.5% of RV

£200 fine for failure to provide to enforcement authority

Question 15

When is a DEC needed?

Answer 15

Public building over 250sqm which the public visit

Question 16

How long is DEC valid for?

Answer 16

10 years or annually if over 1,000sqm

Question 17

What are the implications of MEES?

Answer 17

No new leases or renewals of F&G related by 2018

No existing leases of F&G rated property by 2023

Question 18

What buildings could be except from MEES?

Answer 18

EPC not required in place of worship, low energy demand industrial

Tenancy under 6 months with no security of tenure

Tenancy over 99 years

Question 19

Are there any exceptions from MEES?

Answer 19

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

Question 20

What does BREEAM stand for?

Answer 20

Building Research Establishment Environmental Assessment Method

Question 21

What is BREEAM?

Answer 21

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

Question 22

What part of building regs relates to conservation of power and fuel?

Answer 22

Part L

Question 23

What RICS guidance note is there for sustainability?

Answer 23

GN Sustainability and commercial property valuation (2nd edition).

Question 24

Should valuers reflect sustainability characteristics in valuation?

Answer 24

Yes - to the extent a well informed and advised purchaser would account for them

Question 25

What method could you use to compare a sustainable v non-sustainable building valuation?

Answer 25

DCF

Question 26

What is a green lease?

Answer 26

Mutual obligation for landlord and tenant to meet sustainability goals