Sustainability Flashcards

1
Q

Give examples of how the RICS is helping with Sustainability.

A
  1. Evidence-based research
  2. Best practice requirements
  3. Best practice training
  4. Certification
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2
Q

Give examples of best practice requirements.

A
  1. Rules of Conduct 2021
  2. Red Book Global
  3. Guidance Note “Sustainability and ESG Guidance in Commercail Property Valuation and Strategic Advice (3rd edition), 2021
  4. Guidance Note “Environmental risks and global real estate, 2018
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3
Q

When was the Climate Act published?

A

2008

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4
Q

When was the Climate Act amended?

A

2019

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5
Q

What did the 2019 amendment to the Climate Act require?

A

Net zero carbon by 2050Wh

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6
Q

Explain the Green Industrial Revolution.

A

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.

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7
Q

What sectors will the Green Industrial Revolution target?

A
  1. Power generation
  2. Transport infrastructure
  3. Buildings energy efficiency
  4. Enhancing the natural environment
  5. Encouraging green investment via the financial sectora
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8
Q

Name the UK Green Building Councils framework actions.

A
  1. Establish Net Zero Carbon Scope
  2. Reduce Construction Impacts
  3. Reduce Operations Energy Use
  4. Increase Renewable Energy Supply
  5. Offset Any Remaining Carbon
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8
Q

What does BBP stand for?

A

Better Buildings Partnership

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9
Q

What are the 5 key provisions of Energy Performance Certification?

A
  1. Higher standards of energy conservation for new and refurbished buildings
  2. Establishing a calculation methodology for the energy performance of all buildings
  3. Minimum requirements for the energy performance of all buildings
  4. Energy certification for all buildings when leased or sold
  5. Mandatory inspection of boilers and air conditioning systems in buildings
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10
Q

When is an EPC required?

A
  1. For all buildings over 50 sq. m.
  2. When it is newly built, sold or let for a term more than 6 months (& less than 99 years)
  3. 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
  4. The sale of lease of residentail buildings and refurbishment schemes are included
  5. Subletting or assignment of a lease
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11
Q

What are the exemptions to having an EPC?

A
  1. Listed buildings
  2. Buildings which have no heating
  3. Religious buildings
  4. Temporary buildings
  5. Buildings due to be demolished/redeveloped
  6. Residentail units not occupied more than 4 months a year
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12
Q

What must be shown on the front page of an EPC?

A
  1. Address of preoprty and floor area
  2. EPC certificate reference number
  3. Technical information on the property’s energy provision
  4. estimation of energy running costs
  5. An energy performance rating from A+ to G
  6. Benchmarking information
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13
Q

How long is a EPC valid?

A

10 years unless the building is altered

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14
Q

Name some MEES exemptions.

A
  1. If a building does not need an EPC, e.g. place of worship
  2. Industrial units or workshops with low energy demand (no heating or cooling)
  3. Where the tenancy is less than 6 months with no security or tenure
  4. Where tenancy is for more than 99 years
  5. When it is not feasible to improve the EPC rating
  6. Improvements would devalue a property by more then 5%
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15
Q

Who must MEES exemptions be registered with?

A

Local Authority Private Rented Sector Exemptions Register

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16
Q

What are the potential penalties for non-compliance with commercail property?

A

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

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17
Q

What does BREEAM stand for?

A

The Buildings Research Establishment Environmental Assessment Method

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18
Q

What are the most recent EU targets relating to sustainability?

A

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

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19
Q

What are the most recent UK targets relating to sustainability?

A

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

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20
Q

Where are the UKs sustainability targets set out?

A

Climate Change Act 2008 as amended 2021

21
Q

What are the key dates for MEES?

A

1st April 2018 - Landlord cannot let or renew a lease with EPC below E
1st April 2023 - Landlord cannot continue letting a building with EPC below E
1st April 2027 - Minimum EPC C required
1st April 2030 - Minimum EPC B required

22
Q

What sustainability legislation are you aware of

A

Climate change act 2008 as amended 2019
Climate change Act 2008
Energy Act 2011
Environmental Protection Act 1990
Environment Act 1995
Energy Efficiency Regulations 2015

23
Q

What does the Climate Change Act 2008 as amended 2019 do?

A

Increase targets to net zero carbon by 2050

24
Q

What does the Climate Change Act 2008 do?

A

UKs response to tackling and responding to climate change. Reduce emissions of carbon dioxide and greenhouse gasses

25
Q

What does the Environment Act 1995 do?

A

Created new agencies and set standards for environmental management

26
Q

What does the Energy Act 2011 do?

A

Increased implementation of energy efficiency measures for commercial property. The Green Deal

27
Q

What was the green deal?

A

Initiative that gave landlords and tenants the opportunities to pay for energy efficient improvements, through savings on their energy bills

28
Q

What is the Environmental Protection Act 1990?

A

Improves control of pollution arising from certain industrial processes

29
Q

What is the energy efficient regulations 2015?

A

Measures to improve the energy efficiency in private rented property. MEES

30
Q

How do you apply for MEES exemption and how long does it last?

A

Register online and provide property address, type of exemption being registered, copy of a valid EPC and supporting documentation as evidence for exemption.
- Lasts 5 years

31
Q

Can you force a tenant to make sustainability changes to their demise?

A

No, unless they have a green lease whereby you can enforce under a clause within the lease.

32
Q

What is Workman’s environmental policy?

A

Net Zero carbon by 2030 in own directly managed operations
Minimise energy, water and waste consumed wherever possible
Promote usage of re-useable materials
Identify and comply with legal requirements
Move away from petrol and diesel cars and seek to reduce journeys made

33
Q

What must the front page of an EPC contain?

A
  1. Address of property and floor area
  2. EPC certificate number
  3. Technical information on the property’s energy provision
  4. Estimation of running costs
  5. Performance Rating
  6. Benchmarking information
34
Q

What is sustainable development?

A

‘Sustainable development means the ability to meet our own needs without prejudicing the ability of future generations to meet their own needs.’

35
Q

What is net zero?

A

The balance between the amount of greenhouse gas produced and the amount removed by the atmosphere

36
Q

How is sustainability affecting property?

A
  1. Sustainable properties can increase capital value
  2. Sustainable properties can lower operating costs
  3. Less efficient properties increase the demand for energy production and therefore negatively impact the environment
  4. Global sustainability targets require properties to become more sustainable
37
Q

What does BREEAM do?

A

Measure of sustainable credentials of newly constructed or newly refurbished buildings

38
Q

What are the different types of BREEAM accreditation?

A

New construction
Refurbishment and fit-out
In-use – certification of already operational assets
Communities – framework to support communities

39
Q

Who levies the fines for EPC non-compliance?

A

Local Council

40
Q

How is BREEAM measured?

A

Energy
Land Use
Water
Health and Wellbeing
Pollution
Transport
Materials
Waste
Management

41
Q

LG7 compliant lighting – what is it?

A

Lighting Guide 7: Lighting an Office Environment
Guide issued by the Society of Light and Lighting

42
Q

Name another building certification

A

LEED
Leadership in Energy and Environmental Design
Provides a framework for healthy, high efficient, and cost-saving green buildings

43
Q

What is ESG?

A

In the RICS Guidance Note Sustainability and ESG in Commercial Property Valuation and Strategic Advice, ESG is defined as:

‘the criteria that together establish the framework for assessing the impact of the sustainability and ethical practices of a company on its financial performance and operations’

44
Q

Thinking about property, how is ESG measured?

A

There are a wide range of rating systems measuring the sustainability and ESG credentials of property:
* Building Research Establishment Environmental Assessment Method (BREEAM)
* Global Real Estate Sustainability Benchmark (GRESB)
* Minimum Energy Efficiency Standard (MEES)

45
Q

Under what legislation are EPCs required?

A

Minimum Energy Efficiency Standards (MEES)

46
Q

What is a ground source heat pump?

A

Renewable heating system that harness natural heat from underground by pumping water through it in pipes.

Uses electricity but less electrical energy than the heat they produce

47
Q

What is solar gain?

A

Heating a building directly from the sun through an opening such as a window or indirectly through the fabric of the building

48
Q

What is BNG?

A

Biodiversity Net Gain

Leaves the environment in a better condition than before (namely in connection to developments)

49
Q

What are the levels of BREEAM?

A
  1. Acceptable
  2. Pass
  3. Good
  4. Very Good
  5. Excellent
  6. Outstanding