What is SECR?
Introduced in April of 2019 and replacing the CRC Energy Efficiency Scheme and Mandatory Greenhouse Gas Reporting for UK quoted companies, Streamlined Energy and Carbon Reporting (SECR) extends reporting requirements to over 11,900 large UK companies.
SECR requires that companies include in their annual director’s report the following information for the financial year: energy consumption (electricity, gas, transport), carbon emissions (scope 1 &2), emissions intensity ratio, energy efficiency narrative, and methodology used for reporting.
The reporting period is based on reporting companies’ financial year to align with existing financial and strategic reporting.
Which organisations qualify for SECR?
UK companies that fall into SECR are quoted, or large unquoted businesses and LLPs with at least two of the following conditions:
- More than 250 employees
- Greater than £36 million in annual revenue
- Balance sheet greater than £18 million
How can the EMA Help?
SECR Compliance Course
The course will help you to understand:
- Basic concepts contained within the SECR guidance
- Scope of regulation
- Data collection methods for electricity, gas, and transport
- Creation and use of intensity metrics
- Stated methodology used
- Definition and scope of energy efficiency principal measures
- Compilation or the report for auditors, Board of Directors, and Companies House
SECR Evaluation Tool (SECRet)
SECRet allows companies to capture data, perform detailed analysis, and access industry best-practice to ensure simplified compliance year-on-year.
Automatic GHG conversion factor updates, data quality alerts, and creation of intensity ratios simplify your organisation’s energy data. SECRet allows companies to manage energy data and leverage information for continuous energy efficiency and carbon reduction improvement.
To book a demo, please contact: [email protected]
For further information about SECR refer to the below resources: