How NABERS sustainability rating Australia can help you?

 

What is a NABERS rating? 

The National Australian Built Environment Rating System (NABERS) is an acronym for National Australian Built Environment Rating System. It's Australia's yardstick for assessing a property's sustainability – or environmental friendliness. 

NABERS Rating was established in 1998 by the Australian government as a tool for assessing the environmental performance of buildings. The system is now the industry standard for investors and commercial property owners across the country, with ratings ranging from 1 to 6 stars (1 being substandard and 6 being market-leading). The sustainability rating of a property is dubbed "green credentials" by industry insiders. 

The government mandates specific tenants, which is more than just a good indicator for commercial property owners. Before occupying a commercial building, government renters must have a minimum 4.5-star rating. 

What criteria are used to evaluate properties? 

Four rateable elements are used to determine a property's NABERS rating: 

Energy

Water

Waste

Indoor surroundings

Water usage, energy efficiency, air and lighting quality, and even how efficiently a facility handles waste are all factors that the system considers. 

NABERS does not measure every form of structure. NABERS tracks four categories of buildings: office buildings, hotels, shopping malls, and data centres. 

A point for the environment, a point for the investors 

With rising energy costs and greenhouse gas emissions, the rating system takes into account a building's future performance even before it is designed.

It's common knowledge in commercial real estate that a high NABERS rating provides both the tenant and the landlord something to brag about. By owning and using sustainable houses, both the owner and the occupier are doing their part for the environment, and this puts them in good standing with the community. 

The savings on energy expenditures, however, are a big advantage to both landlords and tenants' bottom lines. Properties with a high NABERS rating can save between 30% and 40% on energy bills. 

Buildings account for 40% of global carbon emissions and consume over half of the world's energy. As sustainable assets become more important in the commercial property business, it only makes sense to invest in real estate with excellent "green credentials."