Streamlined Energy & Carbon Reporting
SECR
What Is It?
Streamlined Energy and Carbon Reporting is a mandatory scheme introduced by the government in 2019 to keep track of and report on organisations’ energy usage and carbon output to find ways of reducing their impact on the environment. The scheme requires organisations to record and measure their energy consumption and carbon emissions and report on them in their directors’ report at the end of a financial year.
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Who Needs It?
SECR is applicable to organisations that meet at least 2 of these criteria:
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Employ 250 staff or more;
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Have a gross income of £36,000,000 or more;
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Have balance sheet assets of 18,000,000 or more.
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However, organisations and public sectors that use less than 40,000kw do not need to comply with SECR.
When Is It Needed?
Compliance with SECR depends on when your financial reporting year starts. For example, your financial reporting year starts March 1st 2021, then your SECR report needs to be included and then submitted in your directors’ report by February 31st 2022.
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Why Is It Needed?
The scheme aims to reduce larger business' impacts on the environment by requiring organisations to report on and evaluate the carbon emissions their buildings are putting out, their industrial processes and any use of transport used to help identify viable ways to reduce it. The scheme does not include any specific way this report needs to be done, meaning organisations can choose how they measure and report their emissions.
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How We Can Help
Here at Sprite Energy Assessors, we can assist with the process of complying with SECR by providing assessments and analysis. We can arrange an environmental assessor to help walk you through the SECR process to allow you to comply with SECR and report on your carbon emissions and help reduce them.
