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ENVIRONMENTAL IMPACT (Case
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ENVIRONMENTAL IMPACT
Institution:
Name:
INTRODUCTION
• The real estate industry is currently growing at a high rate
considering the constantly increasing global population,
most of whom reside in urban centers.
• The environmental conservation is a sensitive area, and of
great significance hence requires a lot of effort and
undivided attention to achieve.
• The real estate industry has over the years been associated
with emissions and wastes, which have negatively
impacted the environment.
• This presentation is about the real estate industry and how
it impacts the environment, existing environmental policies
and their effects on performance of the industry, a project
in the industry and its critical analysis.
The Real Estate Industry and the
Environment
• The greatest energy
consumer in the
global market.
• CO2 emissions - quick
depletion of the
ozone layer.
• The building raw
materials .
• Fresh water use,
generate waste.
• Negative impact -
pollution
• The UN,
governments-
conserve the
environment.
Environmental Policy and the Real
Estate Industry
Energy Efficiency
• Energy Act of 2011,
• The European
Commission
directives and
regulations.
• Mandatory energy-
efficiency certificates.
Air Pollution
• Zero Carbon Homes policy.
• Harmful gases into the atmosphere.
• Real estate companies
Environmental Impact Assessments
• Town and Country EIA regulations.
• Major environmental impacts e.g commercial
buildings, large residential apartment and
industrial premises.
Waste and the Circular Economy
• Environmental Permitting Regime (EPR).
• Treatment & disposal of waste
• Investors comply.
• Penalties/& imprisonment.
The Vodafone Net Zero Carbon
Emission by 2040
• Reduce greenhouse gas emissions.
• Project sub-division into smaller and more
manageable parts, with short-term objectives
for each.
• Better ways of working at Vodafone UK-
improve productivity by 20%.
The Vodafone Net Zero Project
Reporting and Measurement
Critical Analysis of the Project
• The Vodafone Net Zero Carbon Emission by
2040 - get rid of all carbon emissions.
• Project viability - project appraisal through
feasibility study.
• Understand the project, its merits and
demerits.
• The merits outweighed the demerits hence
the project considered viable.
Recommendations
• To make a greater impact in addressing the climate
change issue, Vodafone may consider:
a) Implementing the Net Zero Carbon project in all its
branches across the world rather than in Europe
alone.
b) Recycling waste from its customers and other smaller
companies other than only waste generated from its
facilities.
c) Partnering with the Governments and other willing
agencies to train other industrialists on how to reduce
emissions and its significance to the environment.
References
• Coxall, M. a. (2020). Environmental Law and Practice in the UK (England and Wales): Overview.
Evironmental Law, 1-35.
• Foundation, V. (2021). Net Zero by 2040. Retrieved July 14, 2021, from Vodafone Group PLC:
https://www.vodafone.com/sustainable-business/our-purpose-pillars/planet/net-zero-by-
2040#our-strategy-in-action
• Fuerst, F. a. (1997-2020). Real Estate Sustainability: UK Approaches Junction. Retrieved July 14,
2021, from IPE Real Assets: https://realassets.ipe.com/sustainability/real-estate-sustainability-uk-
approaches-junction/10024556.article
• Reuters, T. (2021). Environmental law and practice in the UK (England and Wales): overview.
Retrieved July 14, 2021, from Practical Law: https://uk.practicallaw.thomsonreuters.com/6-503-
1654?transitionType=Default&contextData=(sc.Default)&firstPage=true#co_anchor_a815295
• Shadu, R. (2015, March 28). Measuring Project Progress. Retrieved July 14, 2021, from Plan
Academy: https://www.planacademy.com/measuring-project-progress-methods/
• World Economic Forum. (2016). Environmental Sustainability Principles for the Real Estate Industry.
World economic Forum, 6-28.
• Wathern, P. ed., 2013. Environmental impact assessment: theory and practice. Routledge.
• Heffernan, E., Pan, W., Liang, X. and De Wilde, P., 2015. Zero carbon homes: Perceptions from the
UK construction industry. Energy policy, 79, pp.23-36.
• Kesterson, A., 2018. Implementing the Industrial Emissions Directive: The UK Environmental
Permitting Regime for High-Risk Activities. In Developments in Environmental Regulation (pp. 205-
223). Palgrave Macmillan, Cham.
• O'Brien, M., Morris, S. and Davies, A.R., 2016. Amendments to Reservoirs Act 1975 in Wales and
Natural Resources Wales potential reservoirs project. In Dams–Benefits and Disbenefits; Assets or
Liabilities? Proceedings of the 19th Biennial Conference of the British Dam Society held at Lancaster
University from 7–10 September 2016 (pp. 3-13). ICE Publishing.
• Lewis, K., 2015. The framework for environmental regulation in Wales: Natural Resources Wales
speaks with ‘One Voice’–Has the statutory voice for nature been silenced?. Environmental Law
Review, 17(3), pp.189-206.
THANK YOU !!
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ENVIRONMENTAL IMPACT PPTx

  • 1. ENVIRONMENTAL IMPACT (Case Study) Company Name: Home Of Dissertations Website: https://www.dissertationhomework.com Contact Number: +44 7842798340 CONNECT NOW
  • 3. INTRODUCTION • The real estate industry is currently growing at a high rate considering the constantly increasing global population, most of whom reside in urban centers. • The environmental conservation is a sensitive area, and of great significance hence requires a lot of effort and undivided attention to achieve. • The real estate industry has over the years been associated with emissions and wastes, which have negatively impacted the environment. • This presentation is about the real estate industry and how it impacts the environment, existing environmental policies and their effects on performance of the industry, a project in the industry and its critical analysis.
  • 4. The Real Estate Industry and the Environment • The greatest energy consumer in the global market. • CO2 emissions - quick depletion of the ozone layer. • The building raw materials .
  • 5. • Fresh water use, generate waste. • Negative impact - pollution • The UN, governments- conserve the environment.
  • 6. Environmental Policy and the Real Estate Industry Energy Efficiency • Energy Act of 2011, • The European Commission directives and regulations. • Mandatory energy- efficiency certificates.
  • 7. Air Pollution • Zero Carbon Homes policy. • Harmful gases into the atmosphere. • Real estate companies
  • 8. Environmental Impact Assessments • Town and Country EIA regulations. • Major environmental impacts e.g commercial buildings, large residential apartment and industrial premises.
  • 9. Waste and the Circular Economy • Environmental Permitting Regime (EPR). • Treatment & disposal of waste • Investors comply. • Penalties/& imprisonment.
  • 10. The Vodafone Net Zero Carbon Emission by 2040 • Reduce greenhouse gas emissions. • Project sub-division into smaller and more manageable parts, with short-term objectives for each. • Better ways of working at Vodafone UK- improve productivity by 20%.
  • 11. The Vodafone Net Zero Project Reporting and Measurement
  • 12. Critical Analysis of the Project • The Vodafone Net Zero Carbon Emission by 2040 - get rid of all carbon emissions. • Project viability - project appraisal through feasibility study. • Understand the project, its merits and demerits. • The merits outweighed the demerits hence the project considered viable.
  • 13. Recommendations • To make a greater impact in addressing the climate change issue, Vodafone may consider: a) Implementing the Net Zero Carbon project in all its branches across the world rather than in Europe alone. b) Recycling waste from its customers and other smaller companies other than only waste generated from its facilities. c) Partnering with the Governments and other willing agencies to train other industrialists on how to reduce emissions and its significance to the environment.
  • 14. References • Coxall, M. a. (2020). Environmental Law and Practice in the UK (England and Wales): Overview. Evironmental Law, 1-35. • Foundation, V. (2021). Net Zero by 2040. Retrieved July 14, 2021, from Vodafone Group PLC: https://www.vodafone.com/sustainable-business/our-purpose-pillars/planet/net-zero-by- 2040#our-strategy-in-action • Fuerst, F. a. (1997-2020). Real Estate Sustainability: UK Approaches Junction. Retrieved July 14, 2021, from IPE Real Assets: https://realassets.ipe.com/sustainability/real-estate-sustainability-uk- approaches-junction/10024556.article • Reuters, T. (2021). Environmental law and practice in the UK (England and Wales): overview. Retrieved July 14, 2021, from Practical Law: https://uk.practicallaw.thomsonreuters.com/6-503- 1654?transitionType=Default&contextData=(sc.Default)&firstPage=true#co_anchor_a815295 • Shadu, R. (2015, March 28). Measuring Project Progress. Retrieved July 14, 2021, from Plan Academy: https://www.planacademy.com/measuring-project-progress-methods/ • World Economic Forum. (2016). Environmental Sustainability Principles for the Real Estate Industry. World economic Forum, 6-28. • Wathern, P. ed., 2013. Environmental impact assessment: theory and practice. Routledge. • Heffernan, E., Pan, W., Liang, X. and De Wilde, P., 2015. Zero carbon homes: Perceptions from the UK construction industry. Energy policy, 79, pp.23-36. • Kesterson, A., 2018. Implementing the Industrial Emissions Directive: The UK Environmental Permitting Regime for High-Risk Activities. In Developments in Environmental Regulation (pp. 205- 223). Palgrave Macmillan, Cham. • O'Brien, M., Morris, S. and Davies, A.R., 2016. Amendments to Reservoirs Act 1975 in Wales and Natural Resources Wales potential reservoirs project. In Dams–Benefits and Disbenefits; Assets or Liabilities? Proceedings of the 19th Biennial Conference of the British Dam Society held at Lancaster University from 7–10 September 2016 (pp. 3-13). ICE Publishing. • Lewis, K., 2015. The framework for environmental regulation in Wales: Natural Resources Wales speaks with ‘One Voice’–Has the statutory voice for nature been silenced?. Environmental Law Review, 17(3), pp.189-206.
  • 15. THANK YOU !! Contact us now Website: https://www.dissertationhomework.com Contact Number: +44 7842798340 Connect Now

Editor's Notes

  1. The real estate industry accounts for 40% of the annual energy consumed globally. It is also approximated that about 20% of the total global greenhouse gas emissions come from buildings. By the year 2030, the building CO2 emissions are projected to increase by 56%. Currently, buildings account for 40% of the total annual global raw material use, which amounts to 3 billion tonnes.
  2. By the year 2030, buildings are expected to consume up to 12% of the global fresh water, and produce up to 30% of the total waste in the European Union. It is envisaged that by the year 2030, the total world population will grow beyond 8 billion with over 60% of this living in urban centers. For this reason, the construction industry and therefore, the real estate market will grow tremendously. The associated emission is also expected to increase. During the UN 2015 Paris Conference on Climate Change (COP21), the parties agreed to maintain the collective global warming effect within 1.50C.
  3. Various environmental policies exist that directly affect the real estate industry. They include: 1. Energy Efficiency: The Energy Act of 2011 - requires presentation of Energy Performance Certificates (EPCs) to prospective property buyers by the property owners during sale of properties. The Act also captures the requirements for Minimum Energy Efficiency Standards (MEES) for UK homes. The European Commission directives and regulations require 3% energy efficient renovation per annum for buildings occupied by government agencies.
  4. 2. Air Pollution: The Zero Carbon Homes policy was announced in 2006 and effected in 2016 with the aim of restricting the construction of new buildings to adopt the use of renewable energies e.g solar and wind during and after their projects. This will ensure construction of buildings with zero net carbon emissions. The UK through its Fifth Carbon Budget (2028-2032) has reaffirmed its commitment to energy efficiency and emission reduction.
  5. 3. Environmental Impact Assessments: has to be carried out and an environmental statement (ES) has to be attached during the application for development consent or planning permission for some developments. The determining authority (local authority or Secretary of State) must consider the ES to establish whether the permission should be granted or not.
  6. 4. Waste and the Circular Economy: Policy regulators include Environment Agency (EA) and Natural Resources Wales (NRW). The regulator may compose guidelines on waste management and disposal practices including landfills, waste recovery and incineration. Hazardous wastes are supposed to be handled and disposed according to the Hazardous Waste Regulations of 2005.
  7. Vodafone has set a number of objectives (including switching to renewable energy by end of July 2021) for the period between 2020 and 2030. The company’s targets for 2030 have been approved by the Science Based Targets initiative, and are said to be in line with the Paris Agreement of 2015, which seeks to maintain global warming at 1.50C. The cost savings due to the implementation of better ways of working was £40.7 million and the associated reduction in carbon emission stood at 617 tonnes within the last five years.
  8. Incremental Milestones: This involves step-by-step execution of tasks within the project. The Vodafone Net Zero Carbon is a long-term project which is divisible into smaller short-term activities. The activities gradually build onto one another to result in the completion of the entire project. The model is therefore implemented on a step-by-step basis from the first activity to the last.
  9. The project Vodafone project was first defined in terms of its intended users, technologies to be used, the expected outputs and facilities to be constructed. Initial investment, operating, repair and maintenance costs were approximated alongside the expected revenue throughout the project life cycle. Environmental impact assessment, social impact assessment, technical and legal feasibilities were done. Insights were obtained on cost-benefit relations, and the more number of the positives than negatives showed that the project was viable.