Streamlined Energy & Carbon Reporting (SECR)
Streamlined Energy & Carbon Reporting (SECR) is a UK regulation introduced in April 2019, replacing the Carbon Reduction Commitment (CRC) scheme.
It simplifies energy and carbon reporting while increasing accountability for businesses, giving organisations the flexibility to determine how they measure and report their emissions.
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Contact our compliance team to discuss your SECR compliance requirements.
How to comply with SECR
SECR requires organisations to include their energy use (including electricity, gas and transport) emissions and an intensity metric in their annual Directors’ report for financial years beginning on or after 1 April 2019.
The government won’t specify the exact procedures that should be used for energy and carbon reporting, nor will they specify which intensity metrics to use. They will however create guidance on good practice, so organisations have the flexibility to select metrics that best suit their operations.
All SECR participants must provide a narrative commentary on energy efficiency action taken in the financial year. Quoted companies must continue to report on scope 1 and 2 greenhouse gas emissions (direct greenhouse gas emissions from owned or controlled sources and indirect emissions generated by purchased energy). Additionally, they’ll be required to report on global energy use, where appropriate. Unquoted companies are also required to report scope 1 and 2 emissions. Reporting of scope 3 emissions (all indirect emissions not included in scope 2) will remain voluntary for both quoted and unquoted companies.
Who needs to comply?
SECR applies to over 11,900 UK organisations, including large unquoted companies that may not have previously reported on energy and carbon. To qualify, companies must meet at least two of the following criteria:
- More than 250 employees
- An annual turnover of more than £36 million
- An annual balence sheet total of more than £18 million
Companies are exempt if they are:
- Not registered in the UK
- UK subsidiaries that are already covered by a parent’s group report (unless the parent company is not registered in the UK)
- Public sector organisations, charities and private sector organisations that don’t file reports to Companies House
- Companies that use less than 40,000 kWh of energy in the reporting year
How can Equans help with SECR compliance
At Equans, we simplify SECR compliance for your business. Our expert compliance team offers end-to-end support, managing everything from emissions calculations to reporting and audits, all with minimal disruption to your operations. Partnering with Equans ensures you not only meet SECR requirements but also identify opportunities to enhance energy performance and reduce costs.
Here’s how we can help:
Combine all your compliance services into one simple partnership arrangement.
Our Certify service simplifies your regulatory obligations, eases administrative burdens and resource constraints and gives you peace of mind that your organisation is fully compliant with all the required standards.
Energy Compliance Services
Equans' energy compliance team can help ensure you are compliant with any mandatory or voluntary compliance schemes.