The AIA Environmental Accounting Platform (EAP) is Australia’s first cross-sectoral carbon accounting engine, providing the industry with a standardised approach to carbon accounting across a wide range of commodities.

AIA CEO Sam Brown said the integration with WollemAI was indicative of a growing list of companies looking to leverage the EAP to support producers, their value chains and financiers with carbon emissions accounting, management and reporting.

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The EAP is a solution for the whole of industry. Producers can use it to calculate their carbon footprint at both a commodity and enterprise level. Organisations servicing the agricultural sector, such as WollemAI, can also integrate with the EAP to augment their own service offering.

Sam Brown

AIA CEO

“Producers and farming enterprises using the EAP will soon be able to opt-in to share their farm-level data with service providers, with WollemAI the first provider available to producers in 2025. While the EAP enables data sharing, it is ultimately up to the producer to decide whether to share it and with whom.”

CEO of WollemAI, Sam Sneddon, said a myriad of data sets were utilised by the company to deliver hyperlocal, emissions and climate risk metrics to their financial services clients, which would now include data that producers opt-in to share via the EAP.

“Producers who choose to share their EAP emissions data with WollemAI may also have the opportunity to access our sophisticated modelling and forecasting tools for climate risk, carbon management and emissions data. This includes detailed property-level information to support their decision-making around carbon and emissions.”

Ms Sneddon said that WollemAI would ultimately deliver an automated climate report - similar to the automated reports most companies receive from widely-used cloud systems – for their financial services clients.

AIA’s Sam Brown said that Australian agriculture should be excited that companies such as WollemAI are bringing AI and machine learning capabilities to the sector.

"Other industries are benefiting from these cutting-edge digital and data technologies. They have the potential to drive real time-saving efficiencies for producers and help them solve future reporting challenges, as well as help the sector as a whole to capture new market opportunities."

The EAP was developed by AIA following an extensive period of collaboration with producers and the supply chain, including an in-depth analysis of carbon calculation tools, models and frameworks used in Australia and around the world.

"It provides Australian agriculture with a consistent standard, backed by an expert advisory panel as well as industry, through the investment of ten of Australia’s rural Research and Development Corporations (RDCs)," said AIA’s Sam Brown.