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.
Checklist for 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.