Sustainability Flashcards
Give examples of how the RICS is helping with Sustainability.
- Evidence-based research
- Best practice requirements
- Best practice training
- Certification
Give examples of best practice requirements.
- Rules of Conduct 2021
- Red Book Global
- Guidance Note “Sustainability and ESG Guidance in Commercail Property Valuation and Strategic Advice (3rd edition), 2021
- Guidance Note “Environmental risks and global real estate, 2018
When was the Climate Act published?
2008
When was the Climate Act amended?
2019
What did the 2019 amendment to the Climate Act require?
Net zero carbon by 2050Wh
Explain the Green Industrial Revolution.
I was announced in November 2020 where the UK government will mobilise £12 billion of government investment to support up to 250,000 green jobs.
What sectors will the Green Industrial Revolution target?
- Power generation
- Transport infrastructure
- Buildings energy efficiency
- Enhancing the natural environment
- Encouraging green investment via the financial sectora
Name the UK Green Building Councils framework actions.
- Establish Net Zero Carbon Scope
- Reduce Construction Impacts
- Reduce Operations Energy Use
- Increase Renewable Energy Supply
- Offset Any Remaining Carbon
What does BBP stand for?
Better Buildings Partnership
What are the 5 key provisions of Energy Performance Certification?
- Higher standards of energy conservation for new and refurbished buildings
- Establishing a calculation methodology for the energy performance of all buildings
- Minimum requirements for the energy performance of all buildings
- Energy certification for all buildings when leased or sold
- Mandatory inspection of boilers and air conditioning systems in buildings
When is an EPC required?
- For all buildings over 50 sq. m.
- When it is newly built, sold or let for a term more than 6 months (& less than 99 years)
- When it is newly refurbished and heating, air-conditioning or ventilation services are altered and/or the building is subject to Building Regulations for construction
- The sale of lease of residentail buildings and refurbishment schemes are included
- Subletting or assignment of a lease
What are the exemptions to having an EPC?
- Listed buildings
- Buildings which have no heating
- Religious buildings
- Temporary buildings
- Buildings due to be demolished/redeveloped
- Residentail units not occupied more than 4 months a year
What must be shown on the front page of an EPC?
- Address of preoprty and floor area
- EPC certificate reference number
- Technical information on the property’s energy provision
- estimation of energy running costs
- An energy performance rating from A+ to G
- Benchmarking information
How long is a EPC valid?
10 years unless the building is altered
Name some MEES exemptions.
- If a building does not need an EPC, e.g. place of worship
- Industrial units or workshops with low energy demand (no heating or cooling)
- Where the tenancy is less than 6 months with no security or tenure
- Where tenancy is for more than 99 years
- When it is not feasible to improve the EPC rating
- Improvements would devalue a property by more then 5%
Who must MEES exemptions be registered with?
Local Authority Private Rented Sector Exemptions Register
What are the potential penalties for non-compliance with commercail property?
Where a breach has lasted less than 3 months - £5,00 or (if greater) 10% of the RV with a maximum penalty of £50,000
Where a breach has lasted more than 3 months - £10,000 or (if greater) 20% of the RV with a maximum penalty of £150,000
What does BREEAM stand for?
The Buildings Research Establishment Environmental Assessment Method
What are the most recent EU targets relating to sustainability?
The European Climate Law 2021
Reduce global emissions by at lease 37% of 1990 levels by 2020
Reduce global emissions by at least 57% of 1990 levels by 2030
Reduce global emissions by at least 80% of 1990 levels by 2050
What are the most recent UK targets relating to sustainability?
Net zero carbon by 2050
40 Gigawatts of offshore wind by 2030
End sales of new petrol and diesel cars by 2035 (new government legislation)
No new gas boilers sold by 2035