Sustainability Flashcards

1
Q

What is sustainability?

A

sustainability refers to the ability to maintain or support a process continuously over time. In business and policy contexts, sustainability seeks to prevent the depletion of natural or physical resources, so that they will remain available for the long term.

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2
Q

What is sustainable development?

A

“Sustainable development is development that meets the needs of the present, without compromising the ability of future generations to meet their own needs.”.

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3
Q

What are the triple bottom line principles?

A

the triple bottom line (TBL) maintains that companies should commit to focusing as much on social and environmental concerns as they do on profits.

Profit - economic bottom line
People - social bottom line
Planet - environmental bottom line

These three aspects should be factored into a businesses’ or individuals decision making process

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4
Q

What does the NPPF say about sustainable development?

A

The NPPF establishes that the planning system should be based on a presumption in favour of sustainable development. This means that development proposals that promote sustainable development should be approved unless there are significant adverse impacts that outweigh the benefits.

The NPPF states that there are three dimensions to sustainable development (social, environmental, economic)

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5
Q

Can you tell me about any Climate Change Conventions or Protocols you are aware of?

A

COP 27 - UN Climate Change Conference - an annual gathering of world leaders and other stakeholders from countries around the world to address global climate change issues and formulate international agreements and actions to mitigate and adapt to climate change.

Kyoto Protocol
Paris Agreement

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6
Q

What targets did COP 27 agree?

A

Finance was at the centre of negotiations at COP27. One of the headline outcomes was reaching agreement to compensate nations for loss and damage caused by climate change through the establishment of a fund.

The idea of a fund to compensate for loss and damage was first proposed over three decades ago when Vanuatu and the Association of Small Island States (AOSIS) called for an international insurance pool for sea level rise in 1991.

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7
Q

What are the most recent EU / UK targets relating to sustainability?

A

With the 2030 Climate Target Plan, the Commission proposes to raise the EU’s ambition on reducing greenhouse gas emissions to at least 55% below 1990 levels by 2030

Britain - reach net-zero by 2050 - although Rishi Sunak has delayed deadline for selling petrol and diesel cars, and phasing out of gas boilers

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8
Q

What was the Kyoto Protocol and what were its targets?

A

In short, the Kyoto Protocol operationalizes the United Nations Framework Convention on Climate Change by committing industrialized countries and economies in transition to limit and reduce greenhouse gases (GHG) emissions in accordance with agreed individual targets. (from Feb 2005). The second commitment date ended in 2020 and was replaced by the Paris Agreement

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9
Q

What are the 2020/2030/2050 EU targets?

A

They are targets relating to reductions in greenhouse gas emissions

2020 - 20% (EU achieved 31%)
2030 - 55%
2050 - Climate neutrality (net zero greenhouse emissions)

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9
Q

What is the Paris Agreement?

A

The Paris Agreement’s central aim is to strengthen the global response to the threat of climate change by keeping a global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius. Replaced the Kyoto Protocol

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10
Q

Explain your understanding of COP26.

A

The Conference of the Parties (COP) is an annual event that brings governments together to discuss and review how climate change is being managed domestically and internationally.

The two headline outcomes from COP26 were the signing of the Glasgow Climate Pact and agreeing the Paris Rulebook

Glasgow Pact

The pact is the first climate agreement explicitly planning to reduce unabated coal usage

Paris Rulebook:

The Paris Agreement is built on individual country commitments that will be enhanced every five years. The Rulebook will provide guidance on what countries should consider when developing their plans to tackle climate change.

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11
Q

What did the UK Climate Change Act 2008 do?

A

The Climate Change Act 2008 is the basis for the UK’s approach to tackling and responding to climate change. It requires that emissions of carbon dioxide and other greenhouse gases are reduced and that climate change risks are adapted to. The Act also establishes the framework to deliver on these requirements.

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12
Q

What are carbon budgets?

A

A Carbon Budget is a cap on the amount of greenhouse gases emitted in the UK over a five-year period.

If exceeded - we’re in dangerous levels and need to implement initiatives to actively remove GH gases

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13
Q

What did the Infrastructure Act 2015 say about climate change?

A

The Infrastructure Act 2015 in the UK included provisions related to climate change, such as:

A legally binding target to reduce greenhouse gas emissions by at least 80% by 2050 compared to 1990 levels.

Requirements for the government to prepare and publish reports on climate change adaptation strategies.

The establishment of the Oil and Gas Authority, regulating the offshore oil and gas industry.

Restrictions on government support for onshore wind projects, requiring local community approval

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14
Q

What is the renewable heat incentive?

A

People who join and follow the scheme rules receive quarterly payments over seven years for clean, green, renewable heat their systems are estimated to produce

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15
Q

How can buildings impact upon the environment?

A
  • Construction - carbon emissions
  • Operational - emissions through lifetime use
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16
Q

Can you give me an example of a sustainable design feature?

A

Solar panels that can be implemented on roof tops to harvest renewable energy

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17
Q

Can you give me an example of an environmental assessment method for buildings?

A

BREAAM - Building Research Environment Assessment Method

EPC - Energy Performance Certificates

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18
Q

Can you explain your understanding of the Minimum Energy Efficiency Standard (MEES) to me?

A

The Minimum Energy Efficiency Standards (2015) - introduced by the government to improve the quality and increase the energy efficiency of the worst performing privately rented houses and buildings.

The Energy Efficiency Regulations 2015 (Private Rented Property) - require a minimum rating of Level to let a building from April 2018

Implementation in stages:

1) New leases from 1 April 2018 (commercial & residential), including lease renewals/extensions

2) All existing leases from 1 April 2023 for commercial properties (2020 for residential)

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19
Q

How does MEES impact upon your role?

A

Need to ensure initiatives to achieve minimum efficiency standards are costed during appraisals, otherwise you’ll be appraising a scheme that is effectively unlettable/unattractive to investors which will harm sales

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20
Q

What are the key dates for MEES?

A

The Energy Efficiency Regulations 2015 (Private Rented Property) - require a minimum rating of Level to let a building from April 2018

Implementation in stages:

1) New leases from 1 April 2018 (commercial & residential), including lease renewals/extensions

2) All existing leases from 1 April 2023 for commercial properties (2020 for residential)

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21
Q

Are there any exemptions from MEES?

A

If a building does not have an EPC (i.e. a place of worship)

Industrial units or workshops with low energy demand (no heating or cooling)

Where tenancy is more than 99 years

Where tenancy is less than 6 months with no security of tenure after

Where not feasible to improve the EPC rating

Where improvements would decrease value by more than 5%

Where third-party consent from tenant, landlord or LPA cannot be obtained

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22
Q

What are the penalties for non-compliance? (MEES)

A

Policed by LPA :

Failure to comply with regulations for residential are:

  • breach for less than 3 months: £2,000
    -breach for more than 3 months:
    £4,000

Failure to comply with regulations for commercial:

  • less than 3 months: Greater of £5,000 10% of RV (max of £50,000)
  • more than 3 months: Greater of £10,000 or 20% of RV (max £150k)
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23
Q

What is an EPC?

A

An EPC, or Energy Performance Certificate, is a document that provides information about the energy efficiency of a building. It is used to assess and communicate how energy-efficient a property is and to provide recommendations for improving its energy performance. EPCs are typically required when a property is built, sold, or rented out in many countries, including the United Kingdom

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24
Q

What buildings require an EPC?

A

For a building to fall within the requirement for an EPC it must have a roof and walls and use energy to condition the indoor climate.

All commercial buildings over 50sqm:

When it is newly built, sold or let for a term of more than 6 months
WHen it is newly refurbished and heating/AC is altered

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25
Q

When is an EPC required?

A

An EPC must be obtained before a building is marketed for sale or rent.

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26
Q

Which buildings are exempt from having an EPC?

A

Listed buildings
No heating
Religious buildings
Temporary buildings
Due to be demolished
Residential units not occupied for more than 4 months a year

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27
Q

When do you need to display an EPC?

A

Must be commissioned within 7 days of the commencement of marketing

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28
Q

What is included in an EPC?

A

An energy efficiency rating (A to G).

Estimated energy costs.

Recommendations for energy improvements.

Environmental impact information.

Property details and date of assessment.

Assessor information.

Certificate reference number.

Graphs and charts for visualization.

Contact information for inquiries.

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29
Q

How would you find an EPC?

A

EPC Register Online
Ask seller of the landlord/agent

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30
Q

When are the penalties for not having an EPC?

A

Local authorities trading standards teams enforce the regulations:

Residential - £200 fixed penalty for non-display of EPC on marketing material

Commercial - Max penalty is 12.5% of the RV of the building (Min £500, max £5,000)

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31
Q

What is a DEC?

A

Display Energy Certificate - required for public buildings over 250sq.m

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32
Q

When is a DEC required?

A

required for public buildings over 250sq.m

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33
Q

What must accompany a DEC?

A

The DEC must be accompanied by an Advisory Report containing cost-effective recommendations for improving the energy efficiency of the building.

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34
Q

What are the penalties for not having a DEC?

A

£500 for failing to display a DEC at all times in a prominent place clearly visible to the public

£1,000 for failing to have possession of a valid advisory report.

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35
Q

What is Corporate Social Responsibility (CSR)?

A

Corporate Social Responsibility is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders.

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36
Q

What is BREEAM?

A

Buildings Research Establishment Assessment Method

A voluntary assessment tool to rate new and refurbished buildings

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37
Q

What is LEED?

A

LEED (Leadership in Energy and Environmental Design) is the most widely used green building rating system in the world. Available for virtually all building types, LEED provides a framework for healthy, efficient, and cost-saving green buildings

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38
Q

What is PassivHaus

A

refers to buildings created to rigorous energy efficient design standards so that they maintain an almost constant temperature.

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39
Q

What happened to the Code for Sustainable Homes?

A

The Code for Sustainable Homes has now been withdrawn (aside from the management of legacy cases) and has been replaced by new national technical standards which comprise new additional optional Building Regulations regarding water and access as well as a new national space standard

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40
Q

What is the Climate Change Levy?

A

A tax on energy delivered to non-domestic users in the UK. Introduced as an incentive to increase energy efficiency within businesses and so to reduce carbon emissions.

Consumers are charged by the energy provider who forward it to the treasury

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41
Q

What Building Regulation relates to energy efficiency?

A

Approved Document L: Conservation of fuel and power, deals with energy efficiency requirements.

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42
Q

Name one example of Government policy on energy efficiency for buildings?

A

The bottom line of Part L is that all new homes must produce 31% fewer carbon emissions than previous Part L regulations stated.

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43
Q

What is ESOS?

A

Energy Savings Opportunity Scheme - energy assessment scheme that is mandatory for large organisations in the UK (250+ employees, turnover more than £50m and an annual balance sheet of £43m+)

Required to:

Measure total energy consumption across building and activities
Conduct energy audits
Report compliance to the EA

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44
Q

When was CRC abolished?

A

Carbon Reduction Commitment Scheme - scrapped in 2019 and replaced by the Climate Change Levy

Scrapped following the govs Business Energy Taxation Review in 2015

45
Q

What is the SECR regime?

A

Streamlined Energy and Carbon Reporting - the government launched SECR so all large UK companies to report their carbon emissions and energy usage on an annual basis.

46
Q

When was SECR introduced

A

April 2019

47
Q

For what type of company? is SECR

A

The SECR framework applies to all UK incorporated, quoted companies and large UK private organisations and LLPs, regardless of their sector. A company is defined as “large” if it meets at least two of the following criteria in a financial year: Turnover of £36 million or more. Balance sheet total of £18 million or more

48
Q

What are the requirements? (SECR)

A

All SECR participants must provide a narrative commentary on energy efficiency action taken in the financial year. Quoted companies must continue to report on scope 1 and 2 greenhouse gas emissions (direct greenhouse gas emissions from owned or controlled sources and indirect emissions generated by purchased energy).

49
Q

What are the penalties for non-compliance with SECR?

A

Failing to comply can lead to fines of up to £40k or, in really exceptional cases, prison sentences for company directors

50
Q

What is a Memorandum of Understanding?

A

A memorandum of understanding (MOU) is a starting point of negotiations between multiple parties to signal the intent of doing business or coming to an agreement. It simplifies a legal contract by establishing the key objectives and goals.

51
Q

What is a green lease?

A

Green leases contain a series of additional provisions that impose an obligation on the landlord and tenant to manage and reduce the environmental impact of a property by way of improvements

52
Q

What is SKArating?

A

RICS SKA Rating scheme aims to be the standard measure of a building fit out’s sustainability, with a gold, silver or bronze rating awarded

53
Q

What RICS guidance relates to sustainability?

A

Guidance Note - RICS Guidance Note Sustainability and ESG Guidance in Commercial Property

Guidance Note Environmental Risks and Global Real Estate (2018)

54
Q

How can an EPC impact upon value or use of a building?

A

Better EPC - better value

More attractive to residential purchases - lower bills

Commercial occupiers - aligns with ESG and CSR responsibilities and so many occupiers are avoiding poorly performing buildings

55
Q

How do you assess a building’s sustainability characteristics?

A

BREAAM

Building Research Establishment Environmental Assessment Method

56
Q

Tell me about sustainable design / construction considerations/materials.

A

Solar panels
Matching supply to demand
Ethically sourced materials

57
Q

What improvable features would you be looking for and how do these relate to different property types/ages?

A

Insulation
Windows
Heating system
Energy efficient appliances

58
Q

What is Off Site Manufacture (OSM)?

A

Offsite manufacturing (OSM) and modular construction are methods of building where components are made remotely, then delivered and assembled on site. Components may include wall, roof or floor panels or even complete rooms.

59
Q

Tell me about tenant/lender/investor considerations in relation to sustainability.

A

Tenant - want lower operating costs, and to ensure they attract talent by occupying sustainable buildings

Lenders - evaluate risk, assess regulatory compliance and offer favourable terms for sustainable projects to mitigate risk

Investors - Seek long term value, so will want to invest in sustainable projects that will comply with emerging policy/legislation

60
Q

Explain your understanding of the Green Deal to me.

A

The European Union’s (EU) Green Deal is the EU’s main new growth strategy to transition the EU economy to a sustainable economic model

Presented in December 2019, the overarching objective of the EU Green Deal is for the EU to become the first climate neutral continent by 2050, resulting in a cleaner environment, more affordable energy, smarter transport, new jobs and an overall better quality of life. There are a number of funding mechanisms in place to facilitate the EU Green Deal, totalling over €1 trillion. This investment will fund the delivery of the policy reform needed for the EU’s economic growth and climate neutrality.

61
Q

Tell me about RICS guidance on Life Cycle Costs.

A

RICS Guidance Note Life Cycle Costing (2016)

This guidance note summarises what is meant by a lifecycle costing and whole life costing service for both new construction works and for the refurbishment of existing assets. This guidance is effective from 1 July 2016.

Life Cycle Cost (LCC) analysis is a financial technique used to evaluate the total cost of owning, operating, and maintaining a built asset over its entire lifespan. This analysis goes beyond initial construction costs and considers costs associated with ongoing maintenance, energy consumption, and other factors over the asset’s life.

62
Q

What are the UN Sustainable Development Goals?

A

The Sustainable Development Goals (SDGs), also known as the Global Goals, were adopted by the United Nations in 2015 as a universal call to action to end poverty, protect the planet, and ensure that by 2030 all people enjoy peace and prosperity.

The 17 SDGs are integrated—they recognize that action in one area will affect outcomes in others, and that development must balance social, economic and environmental sustainability.

63
Q

How many are there? (UN Sustainable Development Goals)

A

17

No Poverty: End poverty in all its forms everywhere.

Zero Hunger: End hunger, achieve food security, and improve nutrition.

Good Health and Well-being: Ensure healthy lives and promote well-being for all.

Quality Education: Ensure inclusive and equitable quality education for all.

Gender Equality: Achieve gender equality and empower all women and girls.

Clean Water and Sanitation: Ensure availability and sustainable management of water and sanitation for all.

Affordable and Clean Energy: Ensure access to affordable, reliable, sustainable, and modern energy.

Decent Work and Economic Growth: Promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all.

Industry, Innovation, and Infrastructure: Build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation.
Reduced Inequality: Reduce inequality within and among countries.

Sustainable Cities and Communities: Make cities and human settlements inclusive, safe, resilient, and sustainable.

Responsible Consumption and Production: Ensure sustainable consumption and production patterns.
Climate Action: Take urgent action to combat climate change and its impacts.

Life Below Water: Conserve and sustainably use the oceans, seas, and marine resources.

Life on Land: Protect, restore, and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification and halt biodiversity loss.

Peace, Justice, and Strong Institutions: Promote peaceful and inclusive societies for sustainable development, provide access to justice for all, and build effective, accountable, and inclusive institutions at all levels.

Partnerships for the Goals: Strengthen the means of implementation and revitalize the global partnership for sustainable development.

64
Q

What is the target achievement date? (UN Sustainable Development Goals

A

2030

65
Q

How are RICS working towards the SDGs?

A

Advancing Responsible Business in Land, Construction and Real Estate Use and Investment – Making the Sustainable Development Goals a Reality (2018)

In collaboration with sector stakeholders and members, RICS translated the Global Compact’s ten principles into direct actions that RICS members can take to implement the Sustainable Development Goals

66
Q

What is the RICS Value the Planet campaign?

A

Value the Planet campaign promotes the preservation of the planet through the implementation of the UN’s sustainable development goals. We encourage our professionals to implement the SDGs.

The Royal Institution of Chartered Surveyors (RICS) have produced this ‘Value the Planet’ hub full of resources, insights and guidance, including:

Sustainable business checklist
RICS net zero policy position paper
Guidance on the UN Sustainable Development Goals
Guidance on how RICS can support you to act on climate change

67
Q

What is SUDS?

A

Sustainable Urban Drainage Systems

They provide an alternative to the direct channelling of surface water through networks of pipes and sewers to nearby watercourses.

68
Q

What is net biodiversity gain?

A

What is biodiversity net gain? Biodiversity net gain (BNG) is an approach to development, and/or land management, that aims to leave the natural environment in a measurably better state than it was beforehand.

69
Q

What do each of ISO 14001 and 50001 relate to?

A

ISO 14001 - Environmental Management Standard - sets out the criteria for implementing an Environmental Management System that is aimed at helping businesses to manage their environmental responsibilities

ISO 50001 - Energy Management Standard - sets out the criteria for implementing an Energy Management System that aims to improve energy performance and reducing its use

70
Q

What is an Environmental Management System (EMS)?

A

An Environmental Management System (EMS) is a set of processes and practices that enable an organization to reduce its environmental impacts and increase its operating efficiency.

71
Q

What is sustainable procurement?

A

A system by which materials used in construction are sourced from suppliers that are verified to procure their materials sustainability

Sustainable procurement encourages the usage of products, materials and equipment that have a lower environmental impact. This can include options with reduced carbon emissions, water usage and waste generation

72
Q

What is social value

A

Social value is often associated with the idea of creating positive social and environmental change, and it encompasses a wide range of non-monetary and intangible benefits.

Social value refers to the positive impact that an organization or project has on society, beyond its financial and economic considerations.

73
Q

What does the term whole life carbon mean?

A

Carbon emissions resulting from the materials, construction and the use of a building over its entire life, including its demolition and disposal.

A Whole Life Cycle Carbon assessment provides a true picture of a building’s carbon impact on the environment.

74
Q

How does whole life carbon differ from life cycle costs?

A

Broadly, life cycle costs are those associated directly with constructing and operating the building;

Whole life costs include other costs such as land, income from the building and support costs associated with the activity within the building

75
Q

What opportunities to decarbonise exist in the building life cycle?

A

Design - energy efficient design involving passivhaus

Construction - MMOC, green construction practices.

Energy Use - Efficient applications and smart building systems

Maintenance and Retrofit

End of life - material reuse

Occupant Behaviour

76
Q

What is a post-occupancy evaluation?

A

POE is the process of obtaining feedback on a building’s performance in use after it has been built and occupied.

77
Q

What is an Environmental Impact Assessment and when would one be carried out?

A

Environmental Impact Assessment (EIA) is a tool used to assess the significant effects of a project or development proposal on the environment. EIAs make sure that project decision makers think about the likely effects on the environment at the earliest possible time and aim to avoid, reduce or offset those effects

An EIA may be necessary for any planning application whose location, scale or nature are likely to have significant effects on the environment.

78
Q

What methods of construction are more sustainable?

A

Modern Method of Construction

79
Q

What are Modern Methods of Construction?

A

modular construction, where parts of the building are pre-fabricated and constructed offsite, before being assembled onsite

80
Q

What is PAS 2035?

A

PAS 2035 is a specification for what is called ‘whole-house’ or ‘whole building’ retrofit. This is an approach to the installation of energy efficiency measures (EEMs) which takes into account the requirement of the entire building, both from a technical standpoint and considering factors like occupancy comfort.

81
Q

What further changes are proposed to minimum energy standards relating to private residential property?

A

In 2025 requirement for the EPC rating to be C or higher for any new lettings, and in 2028 it will also apply to any continuing tenancies.

82
Q

Explain your understanding of NABERS.

A

NABERS is a performance-based rating system that assesses the actual performance of a building over a 12-month period. The system uses a standardised rating scale of one to six stars, with six stars indicating a building’s exceptional environmental performance

83
Q

Explain a key proposal of the Energy White Paper.

A

The UK commitment to achieving net-zero greenhouse gas emissions by 2050.

his means that the UK aims to balance the amount of greenhouse gases emitted with the amount removed from the atmosphere, effectively eliminating its contribution to climate change.

This is proposed through a transistion to clean energy instead of fossil fuelds and more nuclear energy

84
Q

What changes are likely to be made to MEES under this?

A

Raise the MEES for privately rented non-domestic buildings to EPC B or above by 2030

85
Q

Explain the proposed changes under current Government consultation to MEES for non-domestic properties?

A

Raise the MEES for privately rented non-domestic buildings to EPC B or above by 2030

86
Q

Explain how EPC reporting on the Government website has changed.

A

We have amended the estimated costings on the EPC to provide costs over 1 year instead of 3 years (Action C10). We will be identifying information sources on the government website highlighting non-financial benefits of energy efficiency improvements that could be linked to and noted on the Regist

87
Q

Explain the proposals under the Future Homes Standard and Future Buildings Standard.

A

In 2025, compliance with the Future Homes Standard (FHS) will become mandatory. Its aim is to ensure that new homes built from 2025 will produce 75-80% less carbon emissions than homes built under the current Building Regulations.

The FHS aims to decarbonise new homes by focusing on improving heating, hot water systems, and reducing heat waste.

Future Buildings Standard - New Approved Document L, F, O

88
Q

Explain the proposals under the Government’s Net Zero Strategy and Heat & Buildings Strategy.

A

The Strategy includes promising new proposals including: specific deadlines for when gas and oil boilers should be phased out, new long-term policies for low-carbon heat, and new funding for heat networks, public buildings and the fuel poor.

89
Q

What is the Energy Company Obligation (ECO) scheme and what will it fund?

A

The Energy Company Obligation (ECO) scheme was set up in April 2013. The scheme aims to help eligible customers make their homes more energy-efficient by installing free energy-saving measures and heating improvements.

90
Q

Explain your understanding of the Help to Heat scheme.

A

It is part of the government’s efforts to address fuel poverty and improve energy efficiency in homes.

This includes grants for insultation and heating system upgrades, boiler replacements.

91
Q

Explain a key theme discussed in the RICS and World Built Environment Forum Sustainability Report 2021.

A

Client, investor and stakeholder demand
is cited as the number one driving force behind the
recent growth in ESG investments. The perceived
reputational boost attached to ESG activity also
scores highly, while profit motives are cited by fewer
than one-fifth of respondents. Together, this could be
taken as evidence that market priorities are shifting

92
Q

What is the Smart Export Guarantee (SEG)?

A

The Smart Export Guarantee (SEG) encourages people who generate surplus renewable energy to get paid for electricity they export back to the National Grid. For example, households with solar panels may produce more energy than they use so rather than letting this go to waste, the extra energy gets exported instead.

93
Q

What is the Sustainable Finance Disclosure Regulation (SFDR)?

A

The Sustainable Finance Disclosure Regulation (SFDR) imposes mandatory ESG disclosure obligations for asset managers and other financial markets participants with substantive provisions of the regulation effective from 10 March 2021.

94
Q

What are the Taxonomy Regulations?

A

The Taxonomy Regulation establishes a classification system (or taxonomy) which provides businesses with a common language to identify whether or not a given economic activity should be considered “environmentally sustainable”.

95
Q

Explain your understanding of the B Corp certification.

A

Certified B Corporations, or B Corps, are companies verified by B Lab to meet high standards of social and environmental performance, transparency, and accountability.

96
Q

What is BOPAS?

A

Buildoffsite Property Assurance Scheme (BOPAS)

Buildoffsite Property Assurance Scheme (BOPAS) was developed to address concerns and perceived risks associated with innovative construction. Consequently, BOPAS is recognised by mortgage lenders as providing the necessary assurance that properties that are innovatively constructed or constructed using modern methods of construction (MMC) will be readily mortgageable for a minimum of 60 years.

97
Q

What changes is the Government making to the use of rebated diesel and biofuels?

A

At Budget 2020, the government announced that it would remove the entitlement to use rebated diesel and biofuels from most sectors from April 2022 to help meet its climate change and air quality targets.

98
Q

What changes is the Government making to the use of rebated diesel and biofuels?
How will this - How will this affect the construction industry?

A

This means that the UK’s construction sites will have to use the more expensive white diesel, or find alternative ways of generating power and fuelling site vehicles.

99
Q

Explain the key objectives of the Environment Act 2021.

A

The Act requires the Sectary of State to set at least one long term target in each of the four key priority areas: air quality; biodiversity; water; and waste. This will be achieved by a set of measures targeted at UK businesses and supply chains.

The Act also targets four key areas for the recovery of habitats. Further, it empowers ministers to set legally binding long-term targets, the progress of which they are required to report to Parliament.

100
Q

What is the role of the Office for Environmental Protection?

A

The OEP is independent from government and is, essentially, an environmental watchdog charged with monitoring and reporting on the compliance of government, its agencies and other public bodies in relation to environment laws

101
Q

What are Scope 1, 2 and 3 carbon emissions?

A

Definitions of scope 1, 2 and 3 emissions
Essentially, scope 1 are those direct emissions that are owned or controlled by a company, whereas scope 2 and 3 indirect emissions are a consequence of the activities of the company but occur from sources not owned or controlled by it.

102
Q

What does Approved Document L relate to?

A

The energy efficiency and consumption of property (conservation of fuel and power)

103
Q

What recent changes to the Building Regulations have been made to work towards the Future Homes and Buildings Standard in 2025?

A

Part O - Overheating
Part L- Conservation of Fuel and Power
Part F - Ventilation
Part S (Infrastructure for charging electrical vehicles)

104
Q

What does Approved Document S relate to?

A

infrastructure for charging electrical vehicles

105
Q

Why is the Government encouraging the use of electric vehicles?

A

EVs, unlike fuel cars, produce none or fewer carbon emissions into the atmosphere. Carbon emissions are harmful because they contribute to the “greenhouse gas” effect which traps heat into the earth and has a big effect on global warming and climate change

106
Q

What is the UN Race to Zero?

A

Race To Zero is a global campaign to rally leadership and support from businesses, cities, regions, investors for a healthy, resilient, zero carbon recovery that prevents future threats, creates decent jobs, and unlocks inclusive, sustainable growth.

107
Q

What is the World GBC Net Zero Carbon Buildings Commitment?

A

The World GBC Net Zero Carbon Buildings Commitment (the Commitment) challenges companies, cities, states and regions to reach net zero building emissions in their portfolios by 2030 and to advocate for a net zero carbon built environment by 2050.

108
Q

Explain Berkeley’s Our Vision 2030 to me.

A

TOMORROW

109
Q

Are you aware of any RICS professional standards relating to sustainability and valuation?

A

Sustainability and ESG
in commercial property
valuation and strategic advice (Effective Jan 22)

outlining best practice for valuers to follow when approaching ESG considerations within valuation exercises