Sustainability Flashcards
What did RICS and UN Global Compact publish and what did it outline?
‘Advancing Responsible Business in Land, Construction, Real Estate Use and Investment’ (2018)
Sets out how organisations can identify and address the impact of their activities and decisions making in relation to property and land.
What guidance notes have the RICS produced on Sustainability?
- Rules of Conduct 2021
- Red Book
- Guidance Note “Environmental risks and global real estate” 2018
Have the RICS conducted any evidence based research on sustainability?
Yes - ‘Sustainability rises up the agenda in the UK Facilities Management Sector’ 2021
What adjustments where made to the The Climate Change Act 2008?
In 2019 the Act was amended to require the UK to achieve ‘net zero carbon’ by 2050.
An interim target of reducing emissions by 78% by 2030 was introduced.
What does EPC Stand for?
Energy performance certificates
Why were EPC ratings introduced by the UK Government?
In order to achieve the Net Zero targets the Gov introduced energy performance regulations which address the certification of buildings energy efficiency as well as the attainment of minimum standards of energy efficiency
When are EPC required for a building?
commercial:
- over 50 sqm
- when it is newly built, sold or let for a term more than 6 months
- when the heating and cooling system upgraded or refurbishment taken place
residential:
- following sale or renting of building
- also required for sub-letting or assignment
What does an EPC certificate include?
- Address of property and floor area
- EPC certificate number
- technical information on energy provision for property
- estimation of running costs
- an energy rating from A+ to G
- Benchmarking information
How long is an EPC valid for?
10 years unless the building is altered
£200 civil fixed penalty for not non-display of EPC info on marketing material.
Explain MEES 2015
Minimum Efficiency Regulations 2015
The requirement for the EPC rating to be E or higher has already been in place since 1 April 2020. Under current government proposals, in 2025 this will be upgraded to a requirement for the rating to be C or higher for any new lettings, and in 2028 it will also apply to any continuing tenancies.
Run through changes to MEES regime?
All let properties will fall in within scope of MEES regime:
- Listed building will require EPC rating
- Properties with a registered EPC below C have to be improved and compliant EPC registered by April 2027
- By April 2028 another EPC must be registered
- Properties with registered EPC below B have to be improved and compliant EPC registered by April 2030
- Letting agents will only be be able to advertise and let properties complaint with MEES
What is the Heat Network (Billing and Metering) Regulations 2014 (as amended 2015 and 2020)
Regulations that relate to the provisions of communal heating systems in multi-occupied commercial and residential schemes and to district heating networks.
Final consumers must be provided with accurate meter readings/bill information
What is the difference between communal heating systems and district heating networks?
Both are plants that provide thermal energy to customers - but district heat networks provide thermal energy to customers in more than one building.
What is the fine for failed EPC Rating?
Without a valid EPC, you could suffer repercussions from your Local Authority Building Control department – they can force you to get one, as well as give you a fine of between £500 and £5,000.
What is sustainability?
To meet the needs of now without compromising the ability of future generations to meet their own.
