Sustainability - Summary of Experience Flashcards

1
Q

Which buildings require an EPC?

A

All buildings over 50sqm

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2
Q

What is sustainability?

A

Meeting needs of today without compromising needs of future

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3
Q

What is your firms environmental policy?

A
  • Net zero carbon in managed props by 2030
  • Minimised energy + water use
  • Promote reusable material
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4
Q

What is the RICS guidance on sustainability?

A

RICS Sustainability and commercial property valuation 3rd edition (2021) - Guidance note
RICS sustainability report (2023)

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5
Q

Where do MEES apply?

A

England and Wales

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6
Q

What is the triple bottom line?

A

sustainability framework focusing on people, planet and profit - to have strong impact on world but also benefitting financially

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7
Q

What is the purpose of an EPC?

A

Provides prospective buyers/tenants information on energy efficiency and env impact of property

  • Include improvement recommendations
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8
Q

What is the paris agreement?

A

Signed 22/04/2016

Legally binding climate change treaty that sought to limit global warming to 2 degrees

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9
Q

Who is exempt from MEES?

A
  • Listed buildings / buildings in conservation areas where compliance would alter character/appearance
  • Temp buildings (under 2 years)
  • Buildings to be demolished
  • Places of worship
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10
Q

What are the goals under the climate change act 2008. Have there been any updates to this since?

A

UK Framework for cutting emissions - legally binding
- To be net zero by 2050
- 80% carbon reduction by 2030

New 2019 Climate Change Act update
- Must be 100% lower carbon than 1990 baseline (was 80% in original 2008 act)

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11
Q

What are the benefits of using EVORA for sustainability reporting?

A
  • Integrate sustainability into PM
  • Increased sustainability awareness
  • Assists in improving sustainability within props
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12
Q

What is BREEAM?

A

Environmental assessment method and rating system for buildings and large-scale developments

  • Aims to assess, improve and certify the sustainability of buildings based on their environmental, social, and economic impacts
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13
Q

Advantages of BREEAM?

A
  • Increased asset value - 20% premium on prices
  • Reduced operating costs
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14
Q

What does the NPPF say about sustainable development?

A

Provides framework so locally prepared plans can provide sufficient housing toward sustainable development

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15
Q

What do you think is the future of sustainability within property?

A
  • Sustainable building standard proliferation - Intertwining with the use of smart building systems
  • Collaboration between landlords and tenants
  • Smart cities - collaborations between building types based on their use etc
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16
Q

What is the Kyoto protocol?

A

1992 target linked to UN framework on convention on climate change that committed parties to binding emissions reduction targets

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17
Q

How would you find an EPC?

A

Non-domestic option on Gov. site

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18
Q

How can people be more sustainable?

A
  • Reduce, reuse, recycle
  • Travel smart
  • Limit plastic consumption
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19
Q

What is the energy savings opportunity scheme?

A

Mandatory energy saving scheme for large businesses
- These businesses conduct energy audits and measure consumption

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20
Q

How can carbon reductions and energy efficiency savings be made in buildings

A

design, construction, use, refurbishment - Across all stages of its life

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21
Q

What is the renewable heat incentive?

A

UK Gov scheme to encourage uptake of renewable heat tech amongst householders (financial incentives)

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22
Q

How can you be more sustainable (at work and home)?

A
  • Turn off plugs (screens)
  • Minimise shower time
  • Recycle
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23
Q

How is RICS committed to sustainability?

A

Annual Sustainability Report 2023
- Need for suitable strategies to meet net zero
- Global benchmark for climate and climate sustainability practice

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24
Q

How does BREEAM work?

A

Assesses buildings based on a range of criteria:
- Energy
- Health + Wellbeing
- Management
- Pollution
- Land use
- Materials
- Water
- Waste

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25
Q

How does improving the EPC of the units at Croxley Park ensure that the letting ability of these units is improved?

A
  • Energy compliance
  • Reducing operating costs for LL and tenant
  • Increased environmental value
  • Attracting high quality tenants - bigger companies have more energy reporting requirements
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26
Q

Can you talk me through what IBOS is and its success?

A

Smart building system
- Enables automation and optimisation of buildings operations
- Enhanced occupier and maintenance interfaces delivered through mobile app
- Data sharing and analytics to spot energy use trends

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27
Q

When can a MEES exemption be applied for?

A
  • High cost - if cheapest improvements more than £3,500
  • All improvements made and still an E
  • Devaluation - recommended improvement to reduce market value

Lasts for 5 years

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28
Q

What is ESG?

A

Environmental, Social governance

  • Criteria establishing framework for assessing impact of a companys sustainability and ethical practices on its financial performance and operations
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29
Q

What is the UK’s current target for sustainability?

A

Net zero by 2050

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30
Q

What is a display energy certificate?

A

Show energy performance of public buildings. £500 fine if not displayed

31
Q

What is CSR?

A

Corporate social responsibility - Helps a company be socially accountable to itself, its stakeholders and the public

32
Q

How does the Brundtland Report relate to sustainability within property?

A
  • Balances both present and future needs - especially the case for housing and provision of public facilities
  • Resource efficiency - Reduced use of energy and water and careful management of these

long-term thinking of property lifecycle - Not an asset that is just thrown away after X amount of years

33
Q

How is ESG measured?

A

BREEAM, LEED, MEES

34
Q

What is a climate change levy?

A

Tax charged on energy businesses use

35
Q

What are the penalties for not complying with MEES?

A

Fines for non-compliance
- £5k to £150k depending on if residential or commercial

36
Q

What did the 2015 Infrastructure Act say about climate change?

A
  • Facilitated development of renewable energy projects
  • Env protections on fracking - Shouldn’t compromise UK ability to meet climate change targets
37
Q

What is LEED?

A

Leadership in Energy and Environmental Design
- Framework for health design and efficient buildings

38
Q

What is a green lease?

A

Form of lease including clauses related to buildings env performance - Not binding but dark and light clauses

39
Q

What are the penalties for not having an EPC?

A

Amount varies - up to £5k

40
Q

What is a carbon budget?

A

5 yearly carbon budgets set by UK Gov - Restricting amount of GHG UK can emit over 5 year period

41
Q

Who pays for contamination?

A

Polluter pays - Developer liable if no specific polluter

42
Q

How long is an EPC valid for?

A

10 years from date of issue

43
Q

What is included in an EPC?

A
  • Energy efficiency rating
  • Env impact (co2 rating)
  • Esimated energy costs
  • Recommendations
44
Q

Can you tell me something you recommended off the back of EVORA reporting?

A
  • Recommended clients to reduce plant running times based off low occupation during late 2022 and slow return to the office
45
Q

What is a heat network?

A

Supply heat from central source to consumers via network of underground pipes carrying hot water

46
Q

What is the energy act 2011

A
  • Introduced 2015 MES
  • Unlawful to let props less than an E - 1st April 2018
47
Q

What is net zero?

A

Balance between greenhouse gas used and greenhouse gas removed from atmosphere

48
Q

Explain your understanding of COP26?

A

2021 UN climate change conferences
- Private investment towards net zero
- All UK firms to provide net zero plan by 2023
- Provided strong framework for how paris goals will be met

49
Q

Can you give me some renewable energy options?

A
  • Wind power
  • Solar power
  • Hydropower
50
Q

Who do heat networks apply to?

A

Public buildings, shops, offices, homes etc

51
Q

What are the limitations of sustainability?

A

Cost, sustainability alternative (fossil fuel)

52
Q

What is an SKA rating?

A

RICS environmental assessment - Helps L and T benchmark and standardise fit outs

53
Q

How does an EPC impact value?

A

Better EPC (A - B)
- Energy cost savings
- Marketability - Especially to larger companies who have environmental goals and have requirements as part of energy savings opportunity scheme

54
Q

What is an EPC?

A

Measure of a buildings energy efficiency/performance

55
Q

How can buildings impact the environment?

A

Poorly designed and built buildings increase energy use
- 40% of global emissions from built env

56
Q

When do you need to show an EPC?

A

When building is constructed, sold or rented

57
Q

What is contamination?

A

Something made impure by contact with something harmful

58
Q

Can you give me some examples of sustainable property management?

A
  • Green leases
  • Installation of sustainable features e.g. pv panels, green walls
  • Educating tenants - posters or interactive sessions to equip tenants with practical tools
59
Q

What are the key dates for MEES?

A

1st April 2023 - Unlawful to let F or G
1st April 2027 - Unlawful to let D
1st April 2030 - Unlawful to let C

60
Q

When did MEES first come into effect?

A

1st April 2018

61
Q

What did the 1987 Brundtland Report say about sustainability?

A

Said poverty in South and non-sustainable patterns of consumption in North have caused critical global env problems

62
Q

How do MEES impact your role as a PM?

A

Not so much PMS but our clients
- Landlords to incur costs by making improvements as EPC regulations
- Landlord potentially incurring fines if non compliance

63
Q

Can you talk me through strategies that have been implemented to improve energy ratings within properties under your management?

A

Croxley Park
- Changed from gas to electricity heating system - C to B rating
- Guided by independent energy consultant - phase out of gas

64
Q

Which buildings are exempt from requiring an EPC?

A
  • Places of worship
  • Temporary props (under 2 years)
  • Under 50sqm
  • Buildings due to be demolished - need planning
65
Q

When can a landlord let a building with an EPC F or G?

A

If registered on the PRS exemptions register

e.g. if all improvements made but still below an E

66
Q

Have you procured an EPC?

A

Yes - Foundry Lane I instructed an EPC assessor to attend site. Gave tenant prior notice etc and assessor collected relevant data and used standardized software to produce EPC

67
Q

What happened to the code for sustainable homes?

A

It was withdrew in 2015 - Some of these standards were incorporating into binding building regulations

68
Q

Can you take me through the 2023 MEES regulation changes?

A
  • Extended to existing tenancies of most commercial properties
  • Requirement that rented listed and buildings in conservation areas to have an EPC
  • Introduced property compliance and exemptions database - Operated by a third party
69
Q

Define sustainable property management?

A

Management using sustainable building initiatives e.g. use of green leases, building management systems, design features, educating tenants

70
Q

When was BREEAM established?

A

1990

71
Q

How will the UK meet its current sustainability target?

A

Roll out of key low carbon technology, tree planting, renewable energy generation

72
Q

What is the NPPF?

A

National Planning Policy Framework - latest December 2023 (Sets out gov land use planning policies)

73
Q

Can you give me an example of a good sustainable design feature?

A
  • Insulation
  • Good use of natural light
  • PV Panel
  • Green roofs
74
Q

What did Rishi Sunak announce in September 2023 regarding the UK’s Net Zero target?

A
  • Delayed ban on sale of diesel and petrol cars to 2035 from 2030
  • Also pushed back on sale ban of fossil fuel boilers to 2035 from 2025