Sustainability

Question 1

what is sustainability

Answer 1

Sustainability is, for the purpose of these standards, taken to mean the consideration of matters such as (but not restricted to) environment and climate change, health and well-being and corporate responsibility that can or do impact on the valuation of an asset. In broad terms it is a desire to carry out activities without depleting resources or having harmful impacts.

(Note: There is, as yet, no universally recognised and globally adopted definition of ‘sustainability’, and therefore members should exercise caution over the use of the term without additional explanation.)

Question 2

Sustainable assets

Answer 2

Electric excavators

Zero emissions which means for the operator, there is no breathing in diesel fumes. The impact on the health of the workforce is therefore much improved

Electric cheaper than diesel

Quieter - safer on site and health of operator

Think about valuation matters, demand for such a product

Question 3

Coaches

Answer 3

Valuation of coaches - difference in value for coaches which are ULEZ compliant

Question 4

The 3 Pillars of Corporate Sustainability

Answer 4

social, economic, environment

examples;

social - Commitment to the development of our employees . We have policies in place related to the education and training of a workforce recruited from the areas in which we work.

economic -

enviornment - The environmental pillar often gets the most attention. Companies are focusing on reducing their carbon footprints, packaging waste, water usage and their overall effect on the environment green initiatives - reducing waste, considering the impact on the environment