Proposed Mandatory Disclosure Of Commercial Building Energy Efficiency

Corporate owners of commercial office buildings with a Net Lettable Area over 2000m² (or parts of those buildings that meet the 2000m² threshold) will be required to disclose the energy efficiency of those buildings when they are sold or leased under proposed new Commonwealth legislation anticipated to take effect from mid 2010.

Why is Mandatory Disclosure of Energy Efficiency Proposed?

Commercial buildings account for approximately 10% of Australia's carbon emissions with approximately 27% of those emissions coming from commercial office buildings. The Federal Government has recognised that one of the most cost effective abatement of emissions opportunities available lies in regulating the built environment.