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SECR

Streamlined Energy and Carbon Reporting (SECR) is a UK government framework introduced in April 2019. It aims to increase energy efficiency and reduce carbon emissions by requiring certain organizations to report on their energy use and carbon emissions.

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Who Needs to Report?

SECR applies to:

  • Quoted companies of any size.
  • Large unquoted companies and LLPs meeting at least two of the following criteria:
  • Turnover of £36 million or more.
  • Balance sheet total of £18 million or more.
  • 250 or more employees.

What Does It Involve?

Organizations subject to SECR must report:

Energy Use

Energy use (including electricity, gas, and transport).

Emissions

Greenhouse gas (GHG) emissions.

Ratio

At least one intensity ratio (e.g., emissions per unit of output).

Methodology

Methodologies used for calculations.

Action

Energy efficiency action taken during the reporting period..

SECR Benefits

Transparency

Enhances stakeholder confidence through clear reporting on environmental impact.

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Cost Savings

Identifying areas for energy efficiency can lead to significant cost reductions.

Sustainability

Supports the transition to a low-carbon economy, helping organizations contribute to national and global sustainability goals.

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Compliance

Ensures adherence to regulatory requirements, avoiding potential penalties.

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