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.
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.
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.
Compliance
Ensures adherence to regulatory requirements, avoiding potential penalties.
Our partner Catalyst Digital Energy can carry out fully compliant SECR reports for your business if you fit the criteria.