Sustainability

Question 1

What is the definition of Sustainability?

Answer 1

Meets the needs of today with out compromising the ability if future generations to meet their own needs

Question 2

What is Net Zero Carbon?

Answer 2

Amount we put in

Amount we take out

Question 3

What is your firms Net Zero target?

Answer 3

Pledge to be Net Zero by 203

• Decrease embodied carbon
• Offset air travel
• Vegware
• Renewable energies

Question 4

What is meant by building life cycle?

Answer 4

Must consider environment in construction, operation and end of life

Question 5

What is meant by ESG?

Answer 5

Environmental Social Governance
- Important to clients
- Three criteria used in measuring sustainability impact of company
- Criteria used by social conscious investors

Question 6

What is JLL’s Sustainability agenda?

Answer 6

Build a Batter Tomorrow

1) Clients - integrate sustainability in advice
2) Workplaces - Net Zero by 2030
3) People - Increase wellbeing and diversity
4) Communities - Fundraising

Question 7

Why is sustainability important in real estate?

Answer 7

30% of Carbon emissions & resource consumption

Question 8

How does sustainability impact upon value?

Answer 8

• Increase in occupier demand
• Decrease in obsolescence

Red Book VPGA 8

Question 9

How are the RICS treating Sustainability?

Answer 9

1) High on their agenda and part of their core goals
2) Guidance via the Red Book - Prof statements
3) Training
4) Research

Question 10

What are the exemptions to an EPC?

Answer 10

• Temporary
• Due to be demolished
• Less than 4 months a year
• Place of worship
• Listed building

Question 11

What are the fines Under MEES?

Answer 11

Greater than three months £4,000

Less than 3 months £2,000

Question 12

What are the Exemptions to MEES?

Answer 12

Regulated, AST & Assured

Exemption valid for 5 years
1) would de value property
2) 3rd party consent refused
3) all relevant improvements made
4) would costs over £3,500
5) doesn’t meet 7 year payback