How it works
Streamlined Energy and Carbon Reporting (SECR)
The UK government’s Streamlined Energy and Carbon Reporting (SECR)
the policy was introduced in April 2019 to drive action towards a low-carbon economy.
How to comply:
Under the scheme, businesses required to comply must annually report on energy emissions and scope 1 and 2 emissions.
SECR builds on but does not replace several other emissions reporting requirements, which remain active:
- The Energy Saving Opportunity Scheme (ESOS)
- Climate Change Agreements (CCA) Scheme
- EU Emissions Trading Scheme (ETS)
- Mandatory greenhouse gas (GHG) reporting for quoted companies
Check if you qualify
The scheme applies to all UK companies that meet two or more of the following criteria in a financial year:
- More than 250 employees
- Over £36m Annual turnover
- Over £18m on Annual balance sheet
Business Benefits
The introduction of SECR could deliver a potential £1.5 billion of value to society through carbon savings, improvement in air quality and a reduction in noise pollution.
Besides this, SECR has direct business benefits to those who must comply:
- Compile reports for Auditors, Board of Directors and compliant with Companies House requirements
- Provides a level of transparency stakeholders and investors can use to make informed decisions.
- Mitigate your business’s carbon emissions to help halt the climate crisis.
How does Planet Mark help?
Planet Mark will help ensure compliance by measuring and independently verifying Scope 1, 2 and key elements of 3 emissions as part of our Business Certification. We will also produce an SECR compliant report to go with your financial disclosures to Companies House which will provide added assurance that what you are submitting is accurate.
