The Australian Government has taken a significant step toward improving the energy performance of commercial buildings with the announcement of a public consultation on the expansion of the Commercial Building Disclosure Program, to include a broader scope of commercial buildings.
The CBD program, which requires the disclosure of energy efficiency information for large commercial office spaces, helps building owners and tenants understand and improve their environmental impact, driving greater energy efficiency and sustainability in the commercial property sector.
The commercial building sector is responsible for around 25% of electricity use and 10% of total emissions in Australia.
Expanding the CBD program will provide greater transparency and encourage more building owners and tenants to invest in energy-efficient technologies and practices. This will lead to reduced operational costs, enhanced asset values, and a more sustainable future for all Australians.
For more information about the consultation and how to participate, please visit the Australian Government’s Department of Climate Change, Energy, the Environment and Water (DCCEEW) website