Kamma

Licensing enforcement is changing—are you ready? Our latest report, Red Tape Revolution: The Next Wave of Licensing Enforcement, dives deep into the councils leading the charge and those falling behind. 💡 Key Insights: 🔑 Top councils inspect over 8,000 properties, while others manage fewer than 50. 🔑 £900k in fines for non-compliance in London this year alone. 🔑 Councils are investing in private enforcement teams to boost results. 👉 Download the full report now to stay ahead of the curve: https://hubs.li/Q02RPTDw0

EPC data quality is a major barrier for lenders In the average UK mortgage portfolio, 35% of properties are missing valid EPC data, and even when EPCs are available, flaws in the methodology lead to further inaccuracies. 🏡 Our analysis shows that only 17% of lenders use modelling to fill the data gaps, while many still rely on portfolio averages. 🛠️ Lenders need to adopt advanced data strategies for better accuracy. Get the full data breakdown in our free guide below: #dataquality #decarbonisation #netzero https://lnkd.in/esbKhBqP

How do you deal with missing EPC data for a mortgage book? 📊 #EnergyEfficiency #Retrofit #PropertySector #RealEstate #NetZero #Decarbonisation

SAP >>> HEM Did you know that the Standard Assessment Procedure (SAP) methodology used to assess the energy efficiency of UK homes and to generate an EPC rating, is expected to be replaced in the next few years? Development is currently in progress for a new and improved methodology: the Home Energy Model (HEM) HEM promises a transparent, open source, flexible methodology which produces much more accurate results on the energy efficiency and carbon emissions of homes – a much needed step forward The new methodology is expected to be rolled out in 2025 for new build homes as part of the Future Homes Standard, with consultation beginning this year on the use for existing homes and EPCs Given that, there’s still a lot of uncertainty on timing and details for existing homes We’ve pulled together all the information so far on the Home Energy Model in our blog on the topic, and we’ll be keeping it updated as more information arises: https://lnkd.in/eGbR7S2M #EPCs #HomeEnergyModel #FutureHomesStandard #EnergyEfficiency #Retrofit

The average PCAF score for a mortgage portfolio is 3.5 With 1 representing the highest quality data, this is worrying. But it isn’t surprising. We’re all well aware of the problems with climate data quality for UK property. What is surprising is that only 48% of UK lenders are aligning their financed emissions calculations with the Partnership for Carbon Accounting Financials (PCAF) methodology. PCAF isn’t perfect. But it is the industry standard approach currently. It’s vital that emissions calculations are robust, standardised, and comparable across the industry. Without this it’s impossible to tell which organisations have a credible climate plan and targets, and which are just ticking the box of climate planning in the easiest possible way. For more insights like this, download our report: The State of the Climate Transition for Mortgage Lenders in 2024 ➡️ https://lnkd.in/dBnBWgU8 #climatetransition #financedemissions #scope3 #emissionscalculations #climatedata #PCAF #netzero #ESG

📊 Struggling to set ambitious but realistic net zero targets? In our industry survey, 64% of lenders indicated that setting realistic targets is an area where improvement is needed. And only 44% of UK lenders with a climate transition plan use scenario analysis to guide transition planning. Accurate data is critical for meeting climate goals and reducing risk. Find out how to improve your data strategy with advanced modelling: https://lnkd.in/eA4FUd38 #dataquality #climaterisk #scenarioanalysis

How does your climate plan compare to the top 10 lenders? 🌎 Setting climate commitments is one thing, but making sure that they're actionable, with progress tracked over time, is what separates the top lenders from the pack. See the snippet from our 34-page report below (and why not download if you have the time)! 💾 Download here: https://lnkd.in/dBnBWgU8

Investors are turning their backs on investment opportunities when ESG data isn’t available 📊 This graph shows findings from the CFA Institute’s ‘Climate Data in the Investment Process’ report The key finding is that for 72% of the investors surveyed, unreliable or missing climate data has prevented them from making an investment We’ve seen this ourselves in the property sector, with RMBS investors abandoning deals when there is no EPC or emissions data available on the underlying assets #ESG #ESGinvestor #climatedata #proptech #greenfinance #sustainableinvestment

The average mortgage book has no EPC rating for 35% of mortgaged homes That’s a big chunk of missing data. But our recent analysis of 85 lender climate plans found that only a quarter of lenders are transparently disclosing the missing EPC data in their portfolio. Lenders rely on EPC data as a fundamental climate data source. It’s the backbone of financed emissions calculations, climate risk analysis, setting climate targets, determining decarbonisation pathways, and so on. If lenders aren’t disclosing this or explaining how they’re rectifying the missing data, then there’s a massive blind spot in their climate plans. It calls into question the credibility and robustness of the climate plan. And that’s the last thing you want, because accusations of greenwashing are the natural next step. So how are climate-leading lenders handling the problem of missing EPC data in their climate plans? Well, by disclosing it, quantifying it, and finding accurate ways to estimate the missing data. You can learn more about that in our full report: The State of the Climate Transition for Mortgage Lenders in 2024 – head to the Kamma climate website to grab your copy ➡️ https://lnkd.in/dBnBWgU8 #climatetransition #climatetargets #EPC #climatedata #mortgages #netzero #ESG

What are the highest potential homes in the UK for retrofit? 🤔 Arguably, if the aim is to get as many homes as possible to an EPC C or above, then it’s the EPC D homes that have the most potential as low-hanging fruit 🍒 Our data shows that a huge 37% of UK homes are currently an EPC D! 🏡 Small energy efficiency improvements in EPC D homes could be enough to bring them to that minimum standard – and further improvements could come later to fully optimise energy efficiency and lower carbon emissions as much as possible 🚀 Agree? Disagree? We’d love to hear your thoughts in the comments ⬇️ #EnergyEfficiency #Retrofit #UKRetrofit #HomeRetrofit #MortgageLender #MortgageSector #PropertySector #RealEstate