UK-SECR
Streamlined energy and Carbon Reporting requirements
SECR stands for Streamlined Energy and Carbon Reporting. It's a UK government regulation requiring large businesses and certain other organisations to annually report on their energy use, greenhouse gas emissions and energy efficiency measures.
Sections:
- Implemented in 2019: Replaced the Carbon Reduction Commitment (CRC) scheme.
- Applies to: Large companies, including charitable organisations and some limited liability partnerships.
SECR aims to increase awareness of energy usage and emissions, promoting sustainable practices within businesses operating in the UK.
- Goals: Encourage energy efficiency, transparency in emissions, and cost reduction for businesses.
- Reporting requirements: Include energy consumption, emissions data and details on implemented efficiency measures.
- Quoted companies on the London Stock Exchange, AIM or other recognised stock exchanges.
- Large unquoted companies meeting two or more of the following criteria:
- Over 250 employees.
- Annual turnover exceeding £36 million.
- Balance sheet total exceeding £18 million.
- Limited liability partnerships (LLPs) meeting the same criteria as large unquoted companies.
- Total energy consumption from various sources such as electricity, gas and fuel.
- Greenhouse gas (GHG) emissions associated with energy use, calculated in tonnes of CO2 equivalent.
- Intensity ratio, which measures GHG emissions per unit of turnover or output.
- Description of energy efficiency measures taken during the year.
For more information on this regulation, read the UK government guidelines or contact one of Rio's Consultants to understand how we can support you
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