Carbon Accounting Software for Australian Property Funds and Real Estate

A typical mid-market property fund has 30 to 400 buildings, mixed commercial and retail, mostly metropolitan, with electricity and gas invoices arriving from four to six retailers. That is 600 to 5,000 invoices per quarter, plus tenant sub-meter data where available. NABERS submission, AASB S2 dual disclosure, NGER facility submission, and GRESB scoring all sit on top of the same underlying utility data.

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What changes for property and real estate

  • Single ingestion point for every utility invoice across the portfolio, regardless of retailer or format
  • Meter-level tagging mapped to building, sub-asset, and ownership entity
  • NABERS-ready energy data extract alongside AASB S2 location-based and market-based Scope 2
  • Tenant emissions allocation under Scope 3 Category 13 with GRESB 2026 methodology aligned
  • Period locking and source-document audit trail for assurance
  • GreenPower and PPA-backed LGC surrender records integrated with the emissions ledger

What the system does

  • Reads PDF utility bills, retailer feeds, and sub-meter data via the AI document engine — eight file formats
  • Applies state-based NGA grid factors automatically per building location
  • Calculates location-based and market-based Scope 2 in parallel for AASB S2 dual disclosure
  • Generates data extracts that feed NABERS submission, GRESB participant questionnaire, and NGER facility submission
  • Anomaly detection flags meter spikes and zero reads before they reach a published number
  • Audit trail traceable from any published number back to the specific bill and meter

Frequently asked

Does it produce a NABERS submission?

The system produces a NABERS-ready energy data extract with 12 months of metered data per building, ready for the NABERS rating tool. The same data also feeds the AASB S2 dual Scope 2 disclosure and the NGER facility submission, all reconciling to source.

How does it handle tenant emissions allocation?

Sub-meter data and floor-area allocations are stored against each tenant and tagged for Scope 3 Category 13 reporting. The GRESB 2026 methodology that reclassified tenant-spaces-landlord-controlled emissions as Scope 1 and 2 is handled by tagging at the meter level, not by recalculation.

What about PPAs and GreenPower?

PPA settlement statements and LGC surrender records flow into the emissions ledger continuously. The market-based Scope 2 disclosure includes only LGCs that meet the GHG Protocol Scope 2 Quality Criteria, with vintage and surrender date documented.

Related reading

Ready to see how this works for your operation?

Email hello@carbonly.ai with your reporting obligation, number of sites or projects, and current process. We reply within business hours.

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