NABERS ratings have helped to transform the commercial sector towards a greener future—and it has now shifted its focus to education facilities, which could boost the values of assets and spur private sector investment in the asset class. 

The built environment generates nearly 50 per cent of annual global carbon emissions. Of those total emissions, building operations are responsible for 27 per cent, while building materials and construction (typically referred to as embodied carbon) are responsible for an additional 20 per cent each year.

JLL head of strategic consulting David Brown says while the NABERS schools scheme will be voluntary it could add cost. But it also presents an opportunity.