Streamlined Energy and Carbon Reporting (SECR) was implemented to improve both the visibility of carbon reporting across the UK and encourage implementation of energy efficiency measures to help companies reduce their costs and environmental impact.
Complying with SECR can be a daunting task for companies without specific energy or utility related expertise. This is why Boxfish have invested heavily in our capability to deliver SECR compliance in full on your behalf.
The first carbon reports under SECR were required to be included in qualifying company’s annual accounts from 01 April 2020 onwards, and Boxfish have now completed 000’s of submissions. Although there’s no requirement to have SECR signed-off by a specialist, why not let our expert team take away the hassle.
Streamlined Energy and Carbon Reporting (SECR) was implemented to improve both the visibility of carbon reporting across the UK and encourage implementation of energy efficiency measures to help companies reduce their costs and environmental impact.
It applies to quoted companies, large limited liability partnerships and large UK incorporated but unquoted companies if they meet two or more of the qualification criteria below:
SECR requires companies to measure, analyse and report their energy consumption and associated Scope 1 and 2 greenhouse gas emissions, along with certain Scope 3 emissions on an annual basis and compare this against data from their baseline year through the use of one or more ‘intensity metrics’ that are relevant to the industrial sector in which they operate, e.g. tCO2e/£m sales revenue or tCO2e/FTE. The final report must then be submitted through your annual accounts submission to company’s house.
Our tailored SECR solutions are designed to deliver compliance against the regulatory framework and assist drive your business towards a greener, more sustainable future.
Streamlined Energy and Carbon Reporting (SECR) was implemented to improve both the visibility of carbon reporting across the UK and encourage implementation of energy efficiency measures to help companies reduce their costs and environmental impact.
SECR is a mandatory reporting scheme that is a legal requirement for large UK companies.
Small and medium sized businesses who employ less than 250 people or have a turnover less than £44 million are exempt from SECR. Companies that use less than 40,000 kWh of energy within the reporting period are also exempt.