Sustainability

Question 1

What have RICS recently published in relation to sustainability?

Answer 1

RICS and the UN Global Compact published “Advancing Responsible Business in Land Construction, Real Estate Use and Investment.”

Addresses how organisations can address the impact of their activities.

Question 2

How does RICS help with sustainbility

Answer 2

They publish research, evidence based. Sustainability rises up the agenda in the UK Facilities Management Sector (2021)

Question 3

What are the current Net Zero targets?

Answer 3

The Climate Change Act 2008 amended in 2019 set eh target of reaching net zero by 2050 with a interim target of 2030 to reduce emissions by 78%.

Question 4

When is an EPC required

Answer 4

On a commercial premises 50 sqm or more.

Question 5

How long is an EPC valid

Answer 5

for 10 years unless the building is altered.

Question 6

What are the penalties for not following MEES?

Answer 6

Break which has lasted for 3 months - up to £5,000 or (if greater) 10% of RV capped at £50,000.
Breach lasted more than 3 months up to £10,000 or (if greater) 20% of RV capped at £150,000.

Question 7

What is a green lease?

Answer 7

‘Green lease drafting’ is drafting that provides for the landlord and the tenant to undertake specific responsibilities and obligations to minimise carbon emissions arising from the sustainable development, operation and occupation of a property.

Question 8

Give two examples of green lease clauses?

Answer 8

an obligation on the tenant to use only sustainable materials when completing tenant works, or.
an obligation on the landlord to offer a rent reduction should the tenant meet its energy efficiency targets.
Utilities use data sharing.