Qualifying organisations must report their energy usage and greenhouse gas emissions under Streamlined Energy and Carbon Reporting. SECR replaced the Carbon Reduction Commitment (CRC) Energy Efficiency Scheme from 1 April 2019, when it became mandatory for qualifying organisations to publish this information in their Directors Report or ‘Energy and Carbon Report’. The first report will be due on or after 1 April 2020, with the exact date depending on your organisation’s financial year. SECR applies to nearly 12,000 companies, many more than CRC.
Streamlined Energy and Carbon Reporting (SECR) is a mandatory, UK governmental scheme, designed to help reach the 2050 goal of reducing UK carbon emissions to net zero.
The new framework is a part of the government’s plan to make energy and carbon reporting simpler for organisations, while also helping them find ways to improve their energy usage and cut costs.
SECR focuses on the sustainability of our energy supplies and encourages both energy efficiency and the adoption of clean energy sources.
SECR is designed to encourage carbon reduction from large energy users as they are required to report on energy consumption, efficiency measures and emissions.
This will provide greater transparency for investors, and other stakeholders, on business energy efficiency and low carbon readiness so has potential financial and reputational implications for all businesses involved.
SECR applies to more than 11,900 businesses* including:
Unquoted companies or LLPs are defined as ‘large’ if they meet at least two of the following three criteria in a reporting year:
What your annual report needs to cover:
If you’re a quoted company:
If you’re an unquoted company or LLP:
Choosing renewable energy can help your organisation to report lower greenhouse gas emissions. For example, if you select SSE Green as your choice of electricity supply then this would enable you to report zero carbon emissions for the electricity you’ve used. Under the GHG Protocol Corporate Standard market-based methodology, businesses on an SSE Green Electricity contract can report zero Scope 2 emissions.
Having a complete picture of your energy, carbon and other services can make a huge difference. Clarity from SSE is our energy visualisation platform that gives you a forensic picture of not just your energy consumption, but also water, EV, carbon, heat, steam and virtual metering and sub-metering. With this knowledge, you can make changes to cut your energy wastage, your bills, and your carbon footprint.
Carbon footprint reduction shows that your organisation has made a commitment to sustainability. That's good for your business reputation and it's particularly attractive to consumers who value environmental sustainability.