SECR

What is it? 

The Streamlined Energy and Carbon Reporting (SECR) is a UK regulation that requires companies in scope to report on their emissions and energy consumption. The reporting framework is intended to encourage the implementation of energy efficiency measures, which would translate in economic and environmental benefits. This allows companies to feel supported, and to cut costs and improve productivity at the same time as reducing carbon emissions. 

The SECR applies to quoted companies of any size, and to large unquoted companies incorporated in the UK and Limited Liability Partnerships (LLPs). In addition, companies that use less than 40,000 kWh per reporting period are exempt from the SECR requirement, but they will have to include a statement, available in their report confirming they are a low energy user. 

The companies need to report the following information: 

• Their UK Energy use (gas, electricity and transport and UK offshore area)

• Associated greenhouse gas emissions (GHG)

• Scope 3 emissions

• Last year’s figures for energy use and GHG emissions 

• Energy efficiency taken 

• One intensity ratio as a minimum 

• Methodology used when calculating emissions 

Quoted companies would also need to report on underlying global energy use. 

The large unquoted companies & LLPs need to report to the following: 

• Annual GHG emissions from activities the company is directly responsible for, such as facilities operations 

• Last year’s figures for energy use and GHG 

• Minimum of one intensity ratio

• Methodology used when calculating emissions

The SECR is a valuable tool for companies that are looking to reduce their environmental impact. The reporting requirements are clear and concise, and they are designed to be accessible to businesses of all sizes.