Sustainability Flashcards

1
Q

Name sustainability regulations

A

MEES -
EPC
Energy Savings Opportunity Scheme
Climate change levy
Bream

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2
Q

What is COP 24

A

The 24th Conference of the Parties.
It was held in Poland and aims to deliver sustainability goals from all over the world.

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3
Q

Whats embodied Carbon Energy

A

Embodied carbon energy should be low and use materials such as timber and recycled steel.

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4
Q

when is Net 0 Carbon

A

78% by 2030 and 100% by 2050.

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5
Q

What RICS Documents are there

A

Rules of Conduct 2021
Red Book Global
ESG Guidance
RICS GN environmental risks and global real estate
Best practices and certificated

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6
Q

What are the 3 main sustainability principles?

A

Social, Economical and environmental.

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7
Q

What is UKGBC - UK Green Council?

A
  1. Establish Net 0 Carbon.
  2. Reduce construction impact
  3. Reduce operation energy use
  4. Increase renewable energy supply
  5. Offset any remaining carbon
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8
Q

Tell me about EPC

A

EPC expired after 10 years
a new epc can be triggered from Part L, refurbishment or extension
Required if sold, Let or Newbuild.
EPC is required for sub-letting or new leases
not required on religious buildings or temp rent - below 6 months.

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9
Q

What is on an EPC

A

The address
Rating
Reference no
Benchmarking Info
Estimated running costs.

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10
Q

What does MEES apply to

A

This applies to new leases from 2018 and all leases from 2023

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11
Q

When is MEES not required.

A

For religious buildings
6 months tenancy
Tenancy of more then 99 years
Not feasible and does not pay back within 7 years.
Improvement will devalue the property

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12
Q

what is the minimum EPC required

A

EPC E

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13
Q

What buildings does MEES apply to ?

A

All non-domestic buildings and residential properties that are rented.

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14
Q

what are the MEES penalties?

A

£5000-£150k depending on the property’s rateable value.

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15
Q

What is the MEES golden rule ?

A

Landlords need to invest into their properties which is capped at £3500.

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16
Q

Tell me about MEES future changes.

A

There are currently discussions to change MEES rules for example minimum EPC will need to be C.

17
Q

what is the minimum EPC rating for 2025 and 2028

A

Newly rented properties must be EPC C by 2025
All rented properties must be EPC C by 2028.