Sustainability Flashcards
(40 cards)
Can you tell me about why there has mentioning of the legislation surrounding EPCs in the news recently?
The Government has put a delay on the proposed changes to the MEES regulations.
What RICS guidance is there on sustainability?
Red Book 2025
Sustainability and ESG Guidance in Commercial Property Valuation and Strategic Advice 2021
RICS Rules of Conduct 2021 - 3.1
differences between:
Mitigation
Adaptation
carbon neutrality
Net Zero
Mitigation
Adaptation
carbon neutrality - producing emissions but offsetting e.g. carbon credits
Net Zero
What is ESG? What is Sustainability?
Environmental, social, governance
Sustainability: use of resources to meet today’s needs without compromising meeting tomorrow’s needs
- 1/3 co2 emissions from energy consumption in buildings
20% water usage in buildings
80% buildings today will be in use in 50 years
What further MEES regulations were there going to be?
2027 - EPC C
1st April 2030 all commercial properties will need to have a minimum EPC B
However, these are not yet enforced, and the Government announced the scrapping of these regulations.
What are the exceptions to MEES/EPC
Listed building – if the changes would affect the building characteristics, place of worship, tenancy of less than 6 months and space less than 50 sq m.
what is your company sustainability strategy
UN Sustainabilie development goals provide framework 17 - my company uses 9 to align sustainability strategy
- climate
net zero by 2024 inc scope 3 advise clients on same
100% green energy for office by 2026
advise clients on same
track waste, printing, water usage - to lower all
-community
support health wellbeing of employees
support diversity
maintain living wage employer status
- culture
educatiion - apprenticeships
pro-bono, volunteering
biodiversity
What are the MEES standards?
As of April 2023, all commercial properties must have a minimum of an EPC E.
Have you seen any evidence in your work of any practical signs of MEES affecting the market?
Yes – achieving a premium for sustainable buildings or tenants only searching/including properties with an EPC B+ in their search.
What are the different ways of assessing a buildings sustainability?
NABERS UK
BREEAM
WELL
What does BREEAM stand for?
Building Research Establishment Environmental Assessment Methodology
What are the different BREEAM ratings?
Unclassified
Pass
Good
Very Good
Excellent
Outstanding
Are all listed buildings exempt from EPCs?
No – only those where the changes implemented would affect the listed building characteristics.
EPC contents and limitations?
Contents:
Address, rating (letter and number) property type, total floor area, expiry date (10 years), breakdown of performance (main heating fuel, emission rate, )
Limitations:
Limited scope: no accounting how occupants use building
- Standard assumptions
- Inconsistent accuracy – depends on assessor
- Valid for 10 years – a lot can change
- Tickbox exercise – recommendations are often ignored
- Focus on building fabric – not operational use
What are MEES?
Minimum Energy Efficiency Standards
- What future changes are coming to MEES regulations and how will these impact your client?
C in 2027 and B in 2030 - potential of adverse effect on valuations
- What RICS guidance note relates to sustainability and ESG?
Heavy emphasis on ESG across the board:
ROC 2021: 3.10 Members and firms, when advising clients about projects, encourage solutions that are
sustainable in that they minimise harm and deliver balanced economic, social and environmental
benefits.
Redbook
RICS Sustainability and ESG Guidance in Commercial Property Valuation and Strategic Advice 2021 –
RICS SKA rating system for fit-out of commercial premesis
- How did you benchmark data collection assist your clients ESG strategy?
what is sustainability?
satisfying current needs whilst not compromising future needs
What is ESG
Environment, Social , Governance
- What is your company’s ‘Green Charter’?
he Property Management Division has launched a Green Charter. The Green Charter highlights the Division’s vision to operate in an environmentally and socially responsible manner and sets out a commitment for buildings managed by the division to meet environmental, social and governance standards. Areas covered by the Charter include energy, data, procurement and occupier engagement.
Ranging from finance to procurement to HR , safety
What sustainability credential was it awarded? How did this help the client?
internal credential
company sustainability strategy
Goals in line with nine UN Sustainable Development Goals (SDGs) (UJN has 17)
- Switch to sustainabile energy in workplaces
- Fair, safe, diverse workplaces
- Healthy workplaces
- Education
- Gender equality
- Res[pmsible consumption + production
- Protect biodiversity + systems
- Sustainable cities
- Climate action
Net zero by 2030
- What legislation is relevant to the protection of bird species?
Wildlife and Countryside Act 1981
All breeding birds, their active nests and eggs are protected
In addition, peregrine falcons and black redstarts are protected under Schedule 1 of the (WCA) 1981 (as amended), making it illegal to disturb pairs while they are nest building, or at a nest containing eggs or young, or disturb their dependent young.
⦁ An unlimited fine;
⦁ Up to six months imprisonment;
⦁ Or both.