Streamlined Energy & Carbon Reporting (SECR)

Streamlined Energy & Carbon Reporting (SECR) started on the 1st of April 2019 as part of Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018 compliance requirements.

Companies are obligated if they meet 2 of following:

• 250 employees or more;

• Turnover of £36 million or more; or

• Balance sheet of £18 or more.

Public bodies are not impacted by the legislation however there is other legislation requiring public bodies to undertake carbon reporting.

Organisations meeting the compliance thresholds must report annually on current and previous years energy usage, equivalent scope 1 and 2 Greenhouse Gas emissions, and emissions intensity metric in their Directors Report. Organisations are also encourage to undertaken Scope 3 emissions as well.

The aim of the SECR requirements is for organisations to realise the benefits for improved energy and carbon reporting, identification and implementation of energy improvement opportunities.

SECR Reporting requirements differ depending on whether organisation is a quoted company, unquoted large company and large LLP (Limited Liability Partnerships).

Quoted company – SECR require reporting of global emissions of greenhouse gases (including Scope 1 emissions such as refrigerants), emissions and energy intensity metrics, global energy usage, demonstrate whether energy usage has changed over the previous year, and any energy improvement measures implemented.

Unquoted large company and large LLP (Limited Liability Partnerships) – SECR require reporting of UK energy use (electricity, gas and transport), the associated Scope 1 and 2 greenhouse gas emissions, and an intensity metric.

The Green Business Centre can help organisations by calculating and preparing their SECR submission to be included in the annual Directors Report including energy consumption, greenhouse gas emissions, energy efficiency improvements implemented and an energy intensity metric.