A crucial change of approach and the introduction of new compliance windows could be on the horizon in the UK for the non-domestic Minimum Energy Efficiency Standard (MEES)....more
What is ESG, and how does it apply to Real Estate assets? E stands for Environmental, and in a real estate context is fundamentally about reducing carbon emissions from the construction and occupation of buildings as we seek...more
The government published its Energy White Paper in December 2020, making a clear statement of its commitment to the 2050 Net Zero target and setting out a trajectory for meeting it. The proposals are wide-ranging, with...more
Back in July 2018, the government launched a “Call for Evidence on Energy Performance Certificates”.
Over two years later the government has published an “Action Plan”, setting out what it is going to do in the light of...more
Despite mixed messages over the past few weeks, it sounds as if the Bank of England is considering taking UK base rate interest below 0% in order to give itself and the Chancellor more headroom for measures intended to...more
On 15 October, the government published a consultation on tightening minimum energy efficiency standards (MEES) for commercial properties.
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What are the main sustainability issues currently affecting the real estate industry? And what are the practical implications – will they cause a change in behaviour?
Recent months have seen schoolchildren going on...more
6/26/2019
/ Audits ,
Carbon Emissions ,
Energy Efficiency ,
Environmental Policies ,
Green Buildings ,
Green Initiatives ,
Legislative Agendas ,
Real Estate Market ,
Reporting Requirements ,
Sustainability ,
UK
Regular readers may recall that we have previously blogged a fair bit on the Energy Savings Opportunity Scheme (“ESOS”). ...more
The issue of climate change couldn’t be more topical. But what is “net zero carbon”? Is it just another buzzword and what does it really mean? The UK Green Building Council has this week published its Framework Definition on...more
Hogan Lovells quarterly newsletter on legal topics relevant to the UK real estate industry.
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Qualifying undertakings can comply with their obligations under the Regulations by having a certified Energy Management System. Post Brexit, certification will still be permitted by bodies accredited by the United Kingdom...more
So the Carbon Reduction Commitment Energy Efficiency Scheme (the “CRC”) is being scrapped. Are there any practical steps I need to take now? ...more
With a boom in co-working across the world, getting the best deal on the space you occupy and understanding the small print is top ticket for flexible leasing. Before signing on the dotted line, ask yourself these key...more
On Thursday 26 July 2018, the government published a Call for Evidence on Energy Performance Certificates. The deadline for responding is 19 October 2018. ...more
On Wednesday 18 July, The CRC Energy Efficiency Scheme (Revocation and Savings) Order 2018 was laid before Parliament. ...more
Subrogation is a well-known principle of insurance law, which also affects real estate. It means that an insurer who has settled a claim may then “step into the shoes” of the insured and try to recover what it has paid from...more
There has been a lot of comment in recent weeks about the so-called “staircase tax” and its impact on small businesses, especially focussing on its retroactive effect and the fact that business occupiers are having to pay tax...more
Large businesses will remember the challenges of trying to comply with Phase I of the Energy Savings Opportunity Scheme (ESOS) in the run up to Christmas 2015. “Trying” was the operative word because “lead assessors” (who are...more
The Government has published its long-awaited guidance on the minimum energy efficiency standards regulations that will start to apply to non-domestic properties in April 2018. We previously blogged on the topic of MEES here...more