Streamlined Energy & Carbon Reporting: official guidance published
The Department for Business, Energy & Industrial Strategy (BEIS) has published updated Environmental Reporting Guidance which incorporates the new Streamlined Energy and Carbon Reporting (SECR) framework.
On 1 April 2019, SECR is being brought in by the government as it looks to enable businesses in Britain to improve their energy efficiency by at least 20% by 2030.
SECR will replace the reporting element of the scrapped CRC Energy Efficiency Scheme (the allowance costs associated with this are being moved into the Climate Change Levy, which will increase in April 2019).
Under SECR, large UK organisations will be required to report their energy use, carbon emissions and energy efficiency measures in their annual reports. The introduction of this new carbon compliance framework aims to reduce some of the administrative burden of overlapping schemes and improve the visibility of energy and carbon emissions when CRC ends.
SECR will affect around 12,000 companies in the UK, 8,000 more than were required to comply with the CRC. Read more about which businesses qualify for the SECR, and which are exempt.
The new guidance document on SECR aims to helps businesses across the UK (in scope of the 2018 Regulations) comply with their legal obligations that come into force on 1 April 2019. It also outlines additional voluntary information that is likely to be useful to qualifying organisations and a wide range of stakeholders.
You can read the latest guidance here.
Talk to an expert
SECR proposes to make reporting easier for businesses, however, it’s still likely to take up significant time and resources to achieve compliance, especially if yours is an organisation that is new to compliance measures. Our team have years of experience in helping businesses meet environmental legislation, and with their support, compliance can be a breeze.
Talk to one of our experts today. Call us on 02920 893811 or email us and we’ll get back to you.