As we move towards Net Zero, there have been a number of policy, legislation and guidance documents put in place to support companies in making this journey.
However, it can be difficult to keep up to date with all of these mandatory requirements. This information is intended to help companies better understand and maintain compliance for Streamlined Energy and Carbon Reporting (SECR).
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Find out more about SECR
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SECR is a UK regulatory requirement that mandates qualifying organisations to publicly disclose their energy use and carbon emissions in their annual report. SECR aims to bring the benefits of carbon and energy reporting to more businesses and is intended to encourage the implementation of energy efficiency measures. It builds on, but does not replace, other requirements such as ESOS.
SECR requires all quoted companies, large unquoted companies and large limited liability partnerships incorporated in the UK to disclose specified energy, emissions, and energy efficiency action taken in their annual Directors’ Report.
- STAGE 1 – Establishing whether you’re obligated.
- STAGE 2 – Assigning one of our qualified engineers to your business.
- STAGE 3 – Assist you in identifying, measuring, and, if necessary, estimating accurate energy data for your business.
- STAGE 4 – Applying the appropriate methodologies in greenhouse gas emissions reporting.
Companies are liable for SECR if their qualifying energy consumption is more than 40 MWh per year and they are either:
- A quoted company of any size,
- An unquoted company or limited liability partnership (LLP) meeting two of the following criteria:
- 250+ persons employed
- Turnover of £36M+
- Balance sheet of £18M+
The reports are expected to be filed annually with Companies House.
SECR aims to bring the benefits of carbon and energy reporting to more businesses and is intended to encourage the implementation of energy efficiency measures.