Streamlined Energy and Carbon Reporting (SECR)
The SECR compliance scheme launched 1 April 2019. Find out what your business needs to do to comply.
From April 2019, all large organisations will be required to make a public disclosure within their directors’ annual report of their UK energy use and carbon emissions.
The aim of SECR is to further incentivise the improvement of energy efficiency and the reduction of carbon emissions. SECR was introduced in April 2019 to coincide with the end of the current CRC Energy Efficiency Scheme. SECR has a similar qualification criteria to ESOS.
Who qualifies for SECR?
Qualification follows the Companies Act 2006 definition of a “large organisation”, which requires at least two of the following criteria within a financial year to qualify:
- 250 employees.
- Annual turnover of at least £36m.
- Annual balance sheet of at least £18m.