We construct the Carrollian equivalent of the relativistic energy-momentum tensor, based on variation of the action with respect to the elementary fields of the Carrollian geometry. We prove that, exactly like in the relativistic case, it satisfies conservation equations that are imposed by general Carrollian covariance. In the flat case we recover the usual non-symmetric energy-momentum tensor obtained using Noether procedure. We show how Carrollian conservation equations emerge taking the ultra-relativistic limit of the relativistic ones. We introduce Carrollian Killing vectors and build associated conserved charges. We finally apply our results to asymptotically flat gravity, where we interpret the boundary equations of motion as ultra-relativistic Carrollian conservation laws, and observe that the surface charges obtained through covariant phase-space formalism match the ones we defined earlier.