Workiva and the Australian alternatives can all support carbon accounting, but they start from different places. Workiva brings carbon into a broad connected-reporting platform. We build one of the alternatives, focused on the data work behind an Australian ASRS inventory, so read our view with that bias in mind.
Where Workiva fits
Workiva is a broad connected-reporting platform spanning financial reporting, statutory filings, SOX, audit and wider ESG. It provides version control and collaboration across teams. Large organisations may use it to manage climate alongside other controlled reports in the same environment.
What to compare for an ASRS inventory
Workiva Carbon calculates Scope 1, 2 and 3 emissions and brings the data into Workiva's reporting environment. An ASRS reporting group should compare how each product takes in source data, applies emission factors and retains evidence. Implementation effort and Australian support also matter.
The alternatives, by what you need
The choice depends on how broad a platform you need and how you want the carbon work to run. Within each group, no ranking:
| If you need | Alternatives that fit | Why |
|---|---|---|
| One platform across financial, statutory and ESG reporting | Workiva | Broad disclosure management and controls across many report types in one place |
| An Australian ASRS inventory with a focused carbon workflow | CO2 Lab, Sumday, Avarni | Australian-built options with different workflows for ledgers, ERP data and source documents |
Workiva's breadth matters when financial, statutory and sustainability reports need connected controls. If the immediate job is an Australian ASRS inventory, compare that breadth with the implementation and administration required. CO2 Lab's platform holds the carbon ledger, evidence and reporting history. Its AI Sustainability Analyst processes data from Xero, NetSuite and source documents, then returns the working for review.
“Workiva Carbon calculates emissions inside a broad reporting platform. Compare that workflow with a focused Australian carbon product using your own data.”
How to test the calculation
Give each tool the same supplier invoice or scanned multi-page bill. Note the preparation required and check the calculation against the source. Ask how it supports ASRS, AASB S2, Australian emission factors and NGER data. Confirm what evidence is retained for assurance. The full checklist is in how to choose carbon accounting software. The whole-market view is in the best carbon accounting software in Australia.
Where CO2 Lab fits as a Workiva alternative. It is a focused option for the data work behind an Australian ASRS inventory:
Test a focused ASRS workflow
Bring a bill and ledger extract. See the analyst move the raw data into the platform, then review the ledger and calculation evidence it produces.
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