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SECR Compliance – Are you prepared?

Is your organisation prepared for SECR compliance?

If you are unsure of what is involved, we are here to help. Our aim is to inform our clients about the requirements of SECR whilst providing guidance on how to complete the process effectively.

SECR extends, but does not replace, existing energy obligations such as the Energy Savings Opportunity Scheme (ESOS), Greenhouse Gas (GHG) Reporting, Climate Change Agreements (CCA) Scheme, and the EU Emissions Trading Scheme (ETS).

Organisations must comply from 1 April 2019 onwards if you meet two or more of the following criteria:

  • More than 250 employees
  • More than £36 million in annual turnover
  • More than £18 million on balance sheet

The new regulations will require approximately 12,000 UK companies to disclose their energy and carbon emissions. 

ESOS Phase 2 - Act Now CROP 3

Checklist for SECR Compliance

ESTABLISH OBLIGATIONS

The reporting requirements differ between quoted companies, large unquoted companies and Limited Liability Partnerships (LLPs). We can help you establish your specific obligations relating to energy use and GHG emissions.

COLLECT ENERGY DATA

This can be challenging for organisations to set up so if you are finding it difficult, you are not alone. We can help you ensure efficient data collection as well as effective data management, monitoring and targeting.

FOLLOW A METHODOLOGY

We can help your organisation with a suitable methodology, specific details on energy efficiency measures and calculations into at least one emissions intensity ratio for comparison with specific KPIs.

CONSOLIDATE REPORT

We provide a prioritised action plan of which not only meets your obligations under the Streamlined Energy and Carbon Reporting Framework, but also forms the basis of an actionable energy saving strategy.

Employees
Million Annual Turnover
Million on Balance Sheet

SECR Compliance
The Reporting Process

Qualifying organisations are obliged to include information to meet SECR compliance requirements in their Directors’ Report, or an equivalent Energy and Carbon Report for LLPs. This is applicable to financial years beginning on or after 1 April 2019.

Contact us for assistance with SECR compliance