Sustainability Flashcards
What has been outlined in the RICS sustainability report 2022 ?
- It discusses the increasing demand for green buildings
- it discusses that adding green/ sustainable features to a property increases value.
- The need for a decarbonisation toolkit.
- The need for the industry to upskill staff.
What’s RICS’s view on Sustainability ?
- RICS is championing sustainable practices.
- RICS is empowering professionals to embed sustainability consideration in the way they work.
What Rule of Conduct does sustainability relate to ?
Rule: Members and firms must provide a good quality and diligent service.
- Encourage sustainable solutions that deliver balance on the 3 pillars.
Define sustainability ?
'’Meeting the needs of the present, without comprising the ability for future generation to meet their own needs’’.
What are the 3 pillars of sustainability ?
Environmental - Economic and Social
What are the sustainable impacts of a building site ?
- Contamination
- Grounds surface water pollution
- Noise pollution
- Constructions waste to landfill
Positive impacts of a construction site ?
- Job creation
- Skill and training
- Urban regeneration
- Use of sustainable materials.
What is the Paris Agreement ?
The Paris Agreement is a legally binding international treaty on climate change. To keep global warming well below 2 degrees above pre industrial levels by 2030
What are the aims of the UN Sustainable Developments goals ? (HERT)
- End poverty
- Improve health & education
- Reduce inequality
- Tackle Climate change and preserve our forests and oceans.
What is the Climate Change Act (2008) ?
Commits the UK government by law to reducing greenhouse gas emissions by at least 100% of 1990 levels (net zero) by 2050.
What guidance notes can Valuers use in regard to Sustainability ?
Sustainability and ESG
in commercial property
valuation and strategic
advice (2021)
What is an EPC?
An EPC is an energy performance certificate.
This is mandatory when marketing a property for sale or to let.
They required for all commercial buildings larger than 50 sqm
When should an EPC be commissioned ?
Within 7 days of marketing a property.
The front page of an EPC includes what ?
- Property Address
- EPC certificate reference number
- Technical info
- Estimation of running costs
- Rating between A - G
- Benchmarking info
What penalties can people face ?
For commercial 12.5% of the buildings rateable value. (minimum of £500 and max of £5,000)