Frasers Property has pipped the rest of the industry to the post with what it claims is the first carbon neutral certification for a commercial building through the federal government’s Carbon Neutral Program.
Building F in the Rhodes Corporate Office Park has been certified carbon neutral (base building) by NABERS against the Australian government’s National Carbon Offset Standard (NCOS) for Buildings for October 2017 to September 2018.
The building has obtained a NABERS Energy Rating of 5.5 stars thanks to an energy efficient design and a 100 kW on-site solar system. The building also uses 20 per cent GreenPower for its remaining energy needs.
Frasers Property has a company-wide target to be “carbon zero by 2028” and has achieved carbon neutral certification for its business operations against the National Carbon Offset Standard.
“In addition to the company target, Frasers Property also has business unit specific targets, one of which is that all commercial wholly-owned properties are to achieve carbon neutral NCOS Base Building Certification by 2020,” Frasers Property Australia general manager, investment property Chamoun Malki said.
Dexus, Cbus Property and Nightingale Apartments join the net zero club
Also this week, three big names in property committed to zero net carbon emissions: Dexus, Cbus Property and Nightingale Apartments.
All three have signed pledges through the Global Net Zero Carbon Buildings Commitment, which challenges organisations to achieve net-zero operating carbon emissions across their portfolios by 2030.
They join Frasers Property, AMP Capital Wholesale Office Portfolio, Cundall, GPT Wholesale Office Fund, Integral Group, Stockland – Retirement Living & Logistics, the Sydney Opera House and the City of Sydney.
Under these commitments, 320 Australian buildings will be net zero by 2030, according to Green Building Council of Australia head of market transformation Jorge Chapa.
The Australian government’s Carbon Neutral Program
The federal government’s Carbon Neutral Program is a voluntary program allowing businesses, organisations, buildings and precincts to be certified as carbon neutral against the National Carbon Offset Standard.
The program is about more than buying offsets. For the building’s certification, the standard requires emissions reduction activities to be undertaken within the building’s operations “where possible” before turning to carbon offsets.
Certification for buildings can take two pathways:
- using NABERS Energy rating
- using Green Star – Performance rating
It can be for either just the base building or for whole-building, which includes emissions from occupant activity. The base building certification is considered a “stepping stone” for the property sector’s transition to carbon neutral.