Streamline Energy and Carbon Reporting (SECR)
Are you SECR Compliant?
From April 2019, you will now have to include your energy usage and what actions you have taken to reduce your energy demand in your yearly. Don't risk fines or reputational damage, call now: 0114 225 3500 or email us on meri@shu.ac.uk.
Streamline Energy & Carbon Reporting (SECR)
SECR is a new legislations that require for large organisations to include their energy usage, energy efficiency and greenhouse gas emissions in their yearly company annual report.
It has been implemented as part of the new mandatory reporting framework in line with the end of the Carbon Reduction Commitment (CRC).
Large companies who meet two or more from the criteria below will have to comply:
- Over 250 employees
- Annual turnover greater than £36 million
- Annual balance sheet greater than £18 million
Our team of energy experts and qualified Lead Assessors offer the following support to businesses to achieve compliance & help visualise how to increase their energy efficiency:
- Energy Audits
- Data gathering and reporting
- Energy supply and bills review
- Energy Procurement
- ISO 50001 Energy Management System
- Staff Training
- Help you identify and report Scope 1 & 2 emissions
- Build a data base to gather and report usage year on year
- Collect evidence of the measure taken to increase your energy efficiency and report
- Accordingly
- Design an intensity ratio fit for the nature of your reputation and create a baseline
The info required to satisfy SECR will go into the companies yearly accounts document.
As this documents will be publically available on the Companies House website, it is important that you report and present the actions that your company is carrying out to increase the efficiency of you energy usage effectively. Our teams of experts can help you identify how to increase your energy demand year on year with cost effective solutions and convert the energy saved into the Carbon Emissions
For your assessment, you need to:
- Report Scope 1 & 2 Emissions
- Report Previous Years Figures
- Report Efficiency Actions
- Apply and Intensity Ratio
- Explain your methodology
What's different? SECR VS CRC
SECR has been designed to make energy and carbon reporting simpler, aligning with existing reporting mechanisms to reduce the burden of compliance requirements on organisations. It will also contribute to the government’s Clean Growth Strategy ambition of enabling business and industry to improve their energy productivity by at least 20% by 2030.
SECR has replaced the CRC scheme that ended on 31 March 2019. The CRC scheme required all qualifying organisations to purchase carbon allowances to cover their carbon emissions. As a result, CRC charges were added to the Climate Change Levy (CCL) increasing the CCL on electricity to 0.847p/kWh, and the CCL on natural gas to 0.339p/kWh in 2019/20. Increases of 45% and 67% respectively.
Companies are exempt if they are:
- Not registered in the UK
- UK subsidiaries that qualify for SECR but are already covered by a parent’s group report (unless the parent company is not registered in the UK)
- Public sector organisations, charities and private sector organisations that don’t file reports to Companies House
- Companies that use less than 40,000 kWh of energy in the reporting year
Some other services we offer include: