Sustainability Flashcards

1
Q

When is the “Net Zero Carbon” target

A
  1. An interim target of 78% reduction by 2030.
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2
Q

Which Act related to Net Zero

A

Climate Change Act 2008

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3
Q

What are the 5 steps in the UK Green Building Council framework to address Net Zero

A
  1. Establish Net Zero Carbon Scope - across the whole life of buildings
  2. Reduce Constructive Impacts - Changing materials and designs
  3. Reducing Operational Energy Use -Landlords to consider how to retrofit efficiency measures
  4. Increase Renewable Energy SUpply
  5. Offset any Remaining Carbon - last resort
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4
Q

What is net zero?

A

Bringing total emissions down to 0, by reducing emissions and implementing methods of CO2 absorption

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5
Q

When do you need an EPC?

A
  • all commercial buildings with 50sqm+ usable floor area
  • newly built, sold or let for a term more than 6m
  • when newly refurbished
  • when A/C / heating services are altered
  • sub-letting and assignments
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6
Q

What are the EPC exemptions?

A
  • listed buildings
  • buildings with no heating
  • religious buildings
  • temporary structyres
  • due to be demolished/redeveloped
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7
Q

Under the Minimum Energy Efficiency Standards (MEES) 2015 what is required when letting a property?

A

Under minimum energy efficiency standards you cannot let, or continue to let a commercial building unless it is an E or above. Includes all exisiting leases from April 2023. Valid for 10 years. Consultation to be a C by 2027 or a B by 2030.

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8
Q

Why are EPC’s important in marketing?

A
  • must be commissioned within 7 days of marketing
  • agent is responsible for procurement
  • only energy rating is required to be shown
  • online must link to EPC
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9
Q

What is the commercial penalty for non complaince with EPCs on marketing?

A

max - 12.5% of the RV of the building or £5,000
min - £500

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10
Q

What are penalties for failure to comply with regualtions (commercial property)

A
  • less than 3 month breach - up to £5,000 or 10% of the RV - max £50,000
  • 3+ month breach - up to £10,000 or 20% of RV - max £150,000
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11
Q

What changes might happen to the MEES regime?

A

MEES regulation may require a min EPC rating of B on all new tenancies from 2030

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12
Q

What is the ESOS?

A

Energy Saving Opportunity Scheme

  • energy assessment scheme mandatory for large UK undertakings and corporate groups with 250+ employees
  • Required to measure total energy consumption every 4 years
  • conduct energy audita to identify reccomendations
  • report compliance to the Environment Agency
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13
Q

What is the Heat Network Regulation 2014?

A

Provision of communal heating in multi-occupied commercial & residential schemes and to district heating systems.
Final consumers must be provided accurate meter readings/bills.

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14
Q

What is the Climate Change Levy?

A

The CGL is a tax on energy delievred to non-domestic users in the UK. Introduced as an incentive ti increase energy efficiency and reduce emissions.

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15
Q

What is a Display Energy Certificate?

A

A requirement for public buildings over 250 sq m to displace the actual energy used and carbon dioxide emissions

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16
Q

What is Biodiversity Net Gain?

A

Improving natural habitats to deliver a measurable positive impact on biodiversity. A policy response to declining biodiversity. From Debruary 2024 it is compulsory for all new developments to provide at least 10% BNG secured for at least 30 yrs, either on site or off site. A Statutory Biodiversity Metric will be used to calculate BNG delivered

17
Q

What is BREEAM? Can you tell me a bit about it?

A

Building Research Establishment Environmental Assessment Method - looks at environmental ratings across energy waste water transport waste health and wellbeing. Pass, Good, very Good, Excellent, Outstanding.

18
Q

What is the WELL Building Standard?

A

Used to rate spaces ro optimise the health and mental wellbeing of occupiers

19
Q

What is a green lease clause?

A

Ensure landlords/tenants share information about the use of energy, water and waste in a building.

20
Q

What is Sustainability?

A

Sustainability focuses on meeting the needs of the present without compromising the needs of future generations

21
Q

Why would you use a green lease?

A
  • Achieve greater energy and resource efficiency to reduce costs
  • Comply with a company’s ESG goals
  • Comply with statutory requirements to report on environmental issues
22
Q

What are the economic and social implications of sustainability

A

Social
o Harmful environment for people
o Can be unsafe

Economic
o Depreciation in asset value of properties that aren’t energy efficient
o As companies shift focus to ESG, assets that are non-conforming will not be attractive for leasing or investing

23
Q

What are some factors of sustainable building design?

A
  • Energy consumption monitoring built in
  • Sensor activated lighting
  • Shell and Core finishes to minimise waste
  • Recycle buildings materials
  • Biophilia
24
Q

What is the RICS Guidance on Sustainability?

A
  • Updated Rules of Conduct – Rule 3: High quality & diligent service example must advise on sustainability factors
  • Red Book – Guidance Note Sustainability and ESG in Commercial Property Valuation and Strategic Advice
  • Guidance Note – Environmental Risks and Global Real Estate