Streamlined Energy and Carbon Reporting Regulations - Revision history

Designing Buildings at 08:35, 23 January 2021

2021-01-23T08:35:36Z

← Older revision		Revision as of 08:35, 23 January 2021
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−	[[File:Industry-~~970817 640~~.jpg]]	+	[[File:Industry-970817_640.jpg\|link=File:Industry-970817_640.jpg]]

	= Introduction =		= Introduction =
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	* Energy Savings Opportunity Scheme		* Energy Savings Opportunity Scheme

−	[[Category:~~Education~~]] [[Category:DCN_Education_and_Training]] [[Category:~~Publications_/_reports~~]] [[Category:~~Research_/_Innovation~~]] [[Category:~~DCN_Research,_Development_and_Innovation~~]] [[Category:~~BREEAM~~]] [[Category:~~Policy~~]] [[Category:~~DCN_Policy~~]] [[Category:~~Regulations~~]] [[Category:~~DCN_Regulation~~]] [[Category:Sustainability]] [[Category:Client_procedures]] [[Category:Public_procedures]]	+	[[Category:DCN_Commentary]] [[Category:DCN_Education_and_Training]] [[Category:DCN_News]] [[Category:DCN_Policy]] [[Category:Education]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:BREEAM]] [[Category:Policy]] [[Category:Regulations]] [[Category:Sustainability]] [[Category:Client_procedures]] [[Category:Public_procedures]]

Designing Buildings at 15:46, 1 November 2018

2018-11-01T15:46:59Z

← Older revision		Revision as of 15:46, 1 November 2018
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		+	[[File:Industry-970817 640.jpg]]
		+
	= Introduction =		= Introduction =

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	--[[User:KLH_Sustainability\|KLH Sustainability]]		--[[User:KLH_Sustainability\|KLH Sustainability]]

−	[[Category:Education]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:BREEAM]] [[Category:Policy]] [[Category:Regulations]] [[Category:Sustainability]] [[Category:Client_procedures]] [[Category:Public_procedures]]	+	= Related articles on Designing Buildings Wiki =
		+
		+	* Carbon emissions
		+	* Climate Change Act
		+	* Climate Change Levy
		+	* CRC Energy Efficiency Scheme
		+	* Energy Audit
		+	* Energy Savings Opportunity Scheme
		+
		+	[[Category:Education]] [[Category:DCN_Education_and_Training]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:DCN_Research,_Development_and_Innovation]] [[Category:BREEAM]] [[Category:Policy]] [[Category:DCN_Policy]] [[Category:Regulations]] [[Category:DCN_Regulation]] [[Category:Sustainability]] [[Category:Client_procedures]] [[Category:Public_procedures]]

Designing Buildings: moved New Streamlined Energy and Carbon Reporting Regulations to Streamlined Energy and Carbon Reporting Regulations

2018-11-01T15:40:20Z

moved New Streamlined Energy and Carbon Reporting Regulations to Streamlined Energy and Carbon Reporting Regulations

← Older revision

Revision as of 15:40, 1 November 2018

Designing Buildings at 15:39, 1 November 2018

2018-11-01T15:39:55Z

← Older revision		Revision as of 15:39, 1 November 2018
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−	= Have You Heard About the New Streamlined Energy and Carbon Reporting (SECR) Regulations? =	+	= Introduction =
		+
		+	Have You Heard About the New Streamlined Energy and Carbon Reporting (SECR) Regulations?

	Through the Climate Change Act, the government has committed to reducing emissions by at least 80% against 1990 levels by 2050. This is in line with the Paris Agreement, which aims to cut global emissions reductions in order to limit global warming to below 2°C.		Through the Climate Change Act, the government has committed to reducing emissions by at least 80% against 1990 levels by 2050. This is in line with the Paris Agreement, which aims to cut global emissions reductions in order to limit global warming to below 2°C.
Line 7:		Line 9:
	The new Streamlined Energy and Carbon Reporting (SECR) regulations aims to simplify this process. As the new regulations come into effect on the 1st April 2019 businesses need to act now to get procedures in place to enable compliance with the new requirements.		The new Streamlined Energy and Carbon Reporting (SECR) regulations aims to simplify this process. As the new regulations come into effect on the 1st April 2019 businesses need to act now to get procedures in place to enable compliance with the new requirements.

−	Even if your business does not currently undertake any carbon reporting, you may be impacted by the SECR. ~~KLHer Georgios Askounis has provided a useful summary of existing energy and carbon legislation and details of the new SECR so that you can stay ahead of the curve!~~	+	Even if your business does not currently undertake any carbon reporting, you may be impacted by the SECR.

−	~~== Existing Reporting Requirements~~ and ~~Regulations ==~~	+	KLH's Georgios Askounis has provided a useful summary of existing energy and carbon legislation and details of the new SECR.

−	=== Mandatory Greenhouse Gas Reporting (MGHG) ===	+	= Existing Reporting Requirements and Regulations =
		+
		+	== Mandatory Greenhouse Gas Reporting (MGHG) ==

	Since 2013 all quoted organisations are required to monitor and report their Scope 1, 2 and 3 carbon emissions. Carbon reporting has been used as the first step to help organisations understand their carbon footprint before developing carbon emission reduction measures.		Since 2013 all quoted organisations are required to monitor and report their Scope 1, 2 and 3 carbon emissions. Carbon reporting has been used as the first step to help organisations understand their carbon footprint before developing carbon emission reduction measures.

−	=== Energy Savings Opportunity Scheme (ESOS) ===	+	== Energy Savings Opportunity Scheme (ESOS) ==

	ESOS is a mandatory energy assessment scheme for all large, UK organisations, as defined by the Companies Act 2006. These must undertake energy audits for their buildings, industrial processes and transport every 4 years and develop energy efficient strategies. ESOS was introduced in 2014 and Phase 2 is underway for compliance by December 2019.		ESOS is a mandatory energy assessment scheme for all large, UK organisations, as defined by the Companies Act 2006. These must undertake energy audits for their buildings, industrial processes and transport every 4 years and develop energy efficient strategies. ESOS was introduced in 2014 and Phase 2 is underway for compliance by December 2019.

−	== Existing Taxation and Carbon Trading Schemes ==	+	= Existing Taxation and Carbon Trading Schemes =

−	=== Climate Change Levy (CCL) ===	+	== Climate Change Levy (CCL) ==

	The Climate Change Levy, introduced in 2001, is an environmental tax charged on energy used by businesses with the aim of driving reductions in GHG emissions. Most industrial, public service, commercial and agricultural businesses fall within its criteria, with only some exceptions, e.g. low energy usage organisations and charities. The future sees CCL being increasingly important, with the government already having legislated to increase CCL rates in 2019.		The Climate Change Levy, introduced in 2001, is an environmental tax charged on energy used by businesses with the aim of driving reductions in GHG emissions. Most industrial, public service, commercial and agricultural businesses fall within its criteria, with only some exceptions, e.g. low energy usage organisations and charities. The future sees CCL being increasingly important, with the government already having legislated to increase CCL rates in 2019.

−	=== Carbon Reduction Commitment (CRC) Energy Efficiency Scheme ===	+	== Carbon Reduction Commitment (CRC) Energy Efficiency Scheme ==

	The CRC Energy Efficiency Scheme is a mandatory carbon emissions reporting and pricing scheme, applicable to large public and private UK based organisations (e.g. hotels, water companies, banks, schools, central government departments). Organisations must monitor and report carbon emissions from gas and electricity and buy allowances to cover their annual emissions. With CRC deemed a complex and costly scheme, government has announced that the scheme will be closing in 2019.		The CRC Energy Efficiency Scheme is a mandatory carbon emissions reporting and pricing scheme, applicable to large public and private UK based organisations (e.g. hotels, water companies, banks, schools, central government departments). Organisations must monitor and report carbon emissions from gas and electricity and buy allowances to cover their annual emissions. With CRC deemed a complex and costly scheme, government has announced that the scheme will be closing in 2019.

−	=== EU Emissions Trading System (EU ETS) ===	+	== EU Emissions Trading System (EU ETS) ==

	The EU ETS, introduced in 2005, applies to businesses from energy-intensive sectors, e.g. manufacturing industries such as steel, cement, aluminium, paper and organic chemicals, aviation and power generation. It lets businesses buy and sell greenhouse gas emission allowances. However, the trade emission allowances are reduced over time therefore effectively forcing businesses to invest in greenhouse gas reduction initiatives.		The EU ETS, introduced in 2005, applies to businesses from energy-intensive sectors, e.g. manufacturing industries such as steel, cement, aluminium, paper and organic chemicals, aviation and power generation. It lets businesses buy and sell greenhouse gas emission allowances. However, the trade emission allowances are reduced over time therefore effectively forcing businesses to invest in greenhouse gas reduction initiatives.
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	The post-Brexit future of the applicability of the EU ETS remains uncertain.		The post-Brexit future of the applicability of the EU ETS remains uncertain.

−	=~~= What will change with the introduction of~~ Streamlined Energy and Carbon Reporting (SECR)~~? =~~=	+	= The Streamlined Energy and Carbon Reporting (SECR) =

	While it would be great to think that all the existing legislation can be streamlined into a single reporting requirement, this is far from the case.		While it would be great to think that all the existing legislation can be streamlined into a single reporting requirement, this is far from the case.
Line 41:		Line 45:
	With the introduction of the SECR only the CRC scheme will cease to operate (in 2019), so in theory overlap between schemes will remain. Critically, the SECR eligibility criteria now aligns more closely with the ESOS criteria, meaning that an estimated 8,000 additional companies will be required to report on carbon emissions.		With the introduction of the SECR only the CRC scheme will cease to operate (in 2019), so in theory overlap between schemes will remain. Critically, the SECR eligibility criteria now aligns more closely with the ESOS criteria, meaning that an estimated 8,000 additional companies will be required to report on carbon emissions.

−	=== What does SECR require? ===	+	== What does SECR require? ==

	SECR will require all UK, large, quoted and unquoted companies, as defined by the Companies Act 2006, to monitor and publish energy use and carbon emissions in their annual reports. The only exemptions are for those using less than 40,000 kWh of energy in the reporting year.		SECR will require all UK, large, quoted and unquoted companies, as defined by the Companies Act 2006, to monitor and publish energy use and carbon emissions in their annual reports. The only exemptions are for those using less than 40,000 kWh of energy in the reporting year.
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	* Global energy use when practical		* Global energy use when practical

−	=== Why introduce SECR? ===	+	== Why introduce SECR? ==

	The government hopes that SECR will not only simplify carbon reporting but will also improve energy efficiency in business. It is anticipated that broadening the scope of reporting compliance will support growth, improve energy security and decarbonise our economy.		The government hopes that SECR will not only simplify carbon reporting but will also improve energy efficiency in business. It is anticipated that broadening the scope of reporting compliance will support growth, improve energy security and decarbonise our economy.
Line 60:		Line 64:
	Nevertheless, SECR presents a challenge to many businesses that do not currently calculate and report their carbon footprint. However, with more concrete details yet to be announced and the timeframe until April 2019 being limited, it is crucial for corporations to start setting up business processes to respond to the SECR requirements, and plan for the opportunities and challenges posed by SECR.		Nevertheless, SECR presents a challenge to many businesses that do not currently calculate and report their carbon footprint. However, with more concrete details yet to be announced and the timeframe until April 2019 being limited, it is crucial for corporations to start setting up business processes to respond to the SECR requirements, and plan for the opportunities and challenges posed by SECR.

−	[[File:~~KLH newsletter~~ - ~~SECR graph~~.jpg]]	+	[[File:KLH_newsletter_-_SECR_graph.jpg\|link=File:KLH_newsletter_-_SECR_graph.jpg]]
		+
		+	--[[User:KLH_Sustainability\|KLH Sustainability]]

−	[[Category:Education]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Policy]] [[Category:Regulations]] [[Category:Sustainability]] [[Category:Client_procedures]] [[Category:Public_procedures]]	+	[[Category:Education]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:BREEAM]] [[Category:Policy]] [[Category:Regulations]] [[Category:Sustainability]] [[Category:Client_procedures]] [[Category:Public_procedures]]

KLH Sustainability at 14:02, 1 November 2018

2018-11-01T14:02:19Z

← Older revision		Revision as of 14:02, 1 November 2018
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	Even if your business does not currently undertake any carbon reporting, you may be impacted by the SECR. KLHer Georgios Askounis has provided a useful summary of existing energy and carbon legislation and details of the new SECR so that you can stay ahead of the curve!		Even if your business does not currently undertake any carbon reporting, you may be impacted by the SECR. KLHer Georgios Askounis has provided a useful summary of existing energy and carbon legislation and details of the new SECR so that you can stay ahead of the curve!

−	Existing Reporting Requirements and Regulations	+	== Existing Reporting Requirements and Regulations ==

−	Mandatory Greenhouse Gas Reporting (MGHG)	+	=== Mandatory Greenhouse Gas Reporting (MGHG) ===

	Since 2013 all quoted organisations are required to monitor and report their Scope 1, 2 and 3 carbon emissions. Carbon reporting has been used as the first step to help organisations understand their carbon footprint before developing carbon emission reduction measures.		Since 2013 all quoted organisations are required to monitor and report their Scope 1, 2 and 3 carbon emissions. Carbon reporting has been used as the first step to help organisations understand their carbon footprint before developing carbon emission reduction measures.

−	Energy Savings Opportunity Scheme (ESOS)	+	=== Energy Savings Opportunity Scheme (ESOS) ===

	ESOS is a mandatory energy assessment scheme for all large, UK organisations, as defined by the Companies Act 2006. These must undertake energy audits for their buildings, industrial processes and transport every 4 years and develop energy efficient strategies. ESOS was introduced in 2014 and Phase 2 is underway for compliance by December 2019.		ESOS is a mandatory energy assessment scheme for all large, UK organisations, as defined by the Companies Act 2006. These must undertake energy audits for their buildings, industrial processes and transport every 4 years and develop energy efficient strategies. ESOS was introduced in 2014 and Phase 2 is underway for compliance by December 2019.

−	Existing Taxation and Carbon Trading Schemes	+	== Existing Taxation and Carbon Trading Schemes ==

−	Climate Change Levy (CCL)	+	=== Climate Change Levy (CCL) ===

	The Climate Change Levy, introduced in 2001, is an environmental tax charged on energy used by businesses with the aim of driving reductions in GHG emissions. Most industrial, public service, commercial and agricultural businesses fall within its criteria, with only some exceptions, e.g. low energy usage organisations and charities. The future sees CCL being increasingly important, with the government already having legislated to increase CCL rates in 2019.		The Climate Change Levy, introduced in 2001, is an environmental tax charged on energy used by businesses with the aim of driving reductions in GHG emissions. Most industrial, public service, commercial and agricultural businesses fall within its criteria, with only some exceptions, e.g. low energy usage organisations and charities. The future sees CCL being increasingly important, with the government already having legislated to increase CCL rates in 2019.

−	Carbon Reduction Commitment (CRC) Energy Efficiency Scheme	+	=== Carbon Reduction Commitment (CRC) Energy Efficiency Scheme ===

	The CRC Energy Efficiency Scheme is a mandatory carbon emissions reporting and pricing scheme, applicable to large public and private UK based organisations (e.g. hotels, water companies, banks, schools, central government departments). Organisations must monitor and report carbon emissions from gas and electricity and buy allowances to cover their annual emissions. With CRC deemed a complex and costly scheme, government has announced that the scheme will be closing in 2019.		The CRC Energy Efficiency Scheme is a mandatory carbon emissions reporting and pricing scheme, applicable to large public and private UK based organisations (e.g. hotels, water companies, banks, schools, central government departments). Organisations must monitor and report carbon emissions from gas and electricity and buy allowances to cover their annual emissions. With CRC deemed a complex and costly scheme, government has announced that the scheme will be closing in 2019.

−	EU Emissions Trading System (EU ETS)	+	=== EU Emissions Trading System (EU ETS) ===

	The EU ETS, introduced in 2005, applies to businesses from energy-intensive sectors, e.g. manufacturing industries such as steel, cement, aluminium, paper and organic chemicals, aviation and power generation. It lets businesses buy and sell greenhouse gas emission allowances. However, the trade emission allowances are reduced over time therefore effectively forcing businesses to invest in greenhouse gas reduction initiatives.		The EU ETS, introduced in 2005, applies to businesses from energy-intensive sectors, e.g. manufacturing industries such as steel, cement, aluminium, paper and organic chemicals, aviation and power generation. It lets businesses buy and sell greenhouse gas emission allowances. However, the trade emission allowances are reduced over time therefore effectively forcing businesses to invest in greenhouse gas reduction initiatives.
Line 35:		Line 35:
	The post-Brexit future of the applicability of the EU ETS remains uncertain.		The post-Brexit future of the applicability of the EU ETS remains uncertain.

−	What will change with the introduction of Streamlined Energy and Carbon Reporting (SECR)?	+	== What will change with the introduction of Streamlined Energy and Carbon Reporting (SECR)? ==

	While it would be great to think that all the existing legislation can be streamlined into a single reporting requirement, this is far from the case.		While it would be great to think that all the existing legislation can be streamlined into a single reporting requirement, this is far from the case.
Line 41:		Line 41:
	With the introduction of the SECR only the CRC scheme will cease to operate (in 2019), so in theory overlap between schemes will remain. Critically, the SECR eligibility criteria now aligns more closely with the ESOS criteria, meaning that an estimated 8,000 additional companies will be required to report on carbon emissions.		With the introduction of the SECR only the CRC scheme will cease to operate (in 2019), so in theory overlap between schemes will remain. Critically, the SECR eligibility criteria now aligns more closely with the ESOS criteria, meaning that an estimated 8,000 additional companies will be required to report on carbon emissions.

−	What does SECR require?	+	=== What does SECR require? ===

	SECR will require all UK, large, quoted and unquoted companies, as defined by the Companies Act 2006, to monitor and publish energy use and carbon emissions in their annual reports. The only exemptions are for those using less than 40,000 kWh of energy in the reporting year.		SECR will require all UK, large, quoted and unquoted companies, as defined by the Companies Act 2006, to monitor and publish energy use and carbon emissions in their annual reports. The only exemptions are for those using less than 40,000 kWh of energy in the reporting year.
Line 47:		Line 47:
	Eligible business will have to report the following for every financial year:		Eligible business will have to report the following for every financial year:

−	Scope 1 and 2 GHG emissions	+	* Scope 1 and 2 GHG emissions
		+	* UK energy usage (electricity, gas and transport)
		+	* An emissions intensity metric
		+	* A narrative commentary on energy efficiency action taken
		+	* Scope 3 voluntarily
		+	* Global energy use when practical

−	~~UK energy usage (electricity, gas and transport)~~	+	=== Why introduce SECR? ===
−		+
−	~~An emissions intensity metric~~	+
−		+
−	~~A narrative commentary on energy efficiency action taken~~	+
−		+
−	~~Scope 3 voluntarily~~	+
−		+
−	~~Global energy use when practical~~	+
−		+
−	Why introduce SECR?	+

	The government hopes that SECR will not only simplify carbon reporting but will also improve energy efficiency in business. It is anticipated that broadening the scope of reporting compliance will support growth, improve energy security and decarbonise our economy.		The government hopes that SECR will not only simplify carbon reporting but will also improve energy efficiency in business. It is anticipated that broadening the scope of reporting compliance will support growth, improve energy security and decarbonise our economy.
Line 65:		Line 60:
	Nevertheless, SECR presents a challenge to many businesses that do not currently calculate and report their carbon footprint. However, with more concrete details yet to be announced and the timeframe until April 2019 being limited, it is crucial for corporations to start setting up business processes to respond to the SECR requirements, and plan for the opportunities and challenges posed by SECR.		Nevertheless, SECR presents a challenge to many businesses that do not currently calculate and report their carbon footprint. However, with more concrete details yet to be announced and the timeframe until April 2019 being limited, it is crucial for corporations to start setting up business processes to respond to the SECR requirements, and plan for the opportunities and challenges posed by SECR.

−	[[File:~~Streamlined~~-~~Energy-and-Carbon-Reporting~~.~~png~~]]	+	[[File:KLH newsletter - SECR graph.jpg]]

	[[Category:Education]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Policy]] [[Category:Regulations]] [[Category:Sustainability]] [[Category:Client_procedures]] [[Category:Public_procedures]]		[[Category:Education]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Policy]] [[Category:Regulations]] [[Category:Sustainability]] [[Category:Client_procedures]] [[Category:Public_procedures]]

KLH Sustainability: Created page with "= Have You Heard About the New Streamlined Energy and Carbon Reporting (SECR) Regulations? = Through the Climate Change Act, the government has committed to reducing emissions b..."

2018-11-01T13:57:28Z

Created page with "= Have You Heard About the New Streamlined Energy and Carbon Reporting (SECR) Regulations? = Through the Climate Change Act, the government has committed to reducing emissions b..."

New page

= Have You Heard About the New Streamlined Energy and Carbon Reporting (SECR) Regulations? =

Through the Climate Change Act, the government has committed to reducing emissions by at least 80% against 1990 levels by 2050. This is in line with the Paris Agreement, which aims to cut global emissions reductions in order to limit global warming to below 2°C.

With carbon emissions stemming from all human activities, there is a need to understand energy performance and carbon reduction across many different sectors. This has led to a plethora of corporate carbon calculation, reporting and tax requirements.

The new Streamlined Energy and Carbon Reporting (SECR) regulations aims to simplify this process. As the new regulations come into effect on the 1st April 2019 businesses need to act now to get procedures in place to enable compliance with the new requirements.

Even if your business does not currently undertake any carbon reporting, you may be impacted by the SECR. KLHer Georgios Askounis has provided a useful summary of existing energy and carbon legislation and details of the new SECR so that you can stay ahead of the curve!

Existing Reporting Requirements and Regulations

Mandatory Greenhouse Gas Reporting (MGHG)

Since 2013 all quoted organisations are required to monitor and report their Scope 1, 2 and 3 carbon emissions. Carbon reporting has been used as the first step to help organisations understand their carbon footprint before developing carbon emission reduction measures.

Energy Savings Opportunity Scheme (ESOS)

ESOS is a mandatory energy assessment scheme for all large, UK organisations, as defined by the Companies Act 2006. These must undertake energy audits for their buildings, industrial processes and transport every 4 years and develop energy efficient strategies. ESOS was introduced in 2014 and Phase 2 is underway for compliance by December 2019.

Existing Taxation and Carbon Trading Schemes

Climate Change Levy (CCL)

The Climate Change Levy, introduced in 2001, is an environmental tax charged on energy used by businesses with the aim of driving reductions in GHG emissions. Most industrial, public service, commercial and agricultural businesses fall within its criteria, with only some exceptions, e.g. low energy usage organisations and charities. The future sees CCL being increasingly important, with the government already having legislated to increase CCL rates in 2019.

Carbon Reduction Commitment (CRC) Energy Efficiency Scheme

The CRC Energy Efficiency Scheme is a mandatory carbon emissions reporting and pricing scheme, applicable to large public and private UK based organisations (e.g. hotels, water companies, banks, schools, central government departments). Organisations must monitor and report carbon emissions from gas and electricity and buy allowances to cover their annual emissions. With CRC deemed a complex and costly scheme, government has announced that the scheme will be closing in 2019.

EU Emissions Trading System (EU ETS)

The EU ETS, introduced in 2005, applies to businesses from energy-intensive sectors, e.g. manufacturing industries such as steel, cement, aluminium, paper and organic chemicals, aviation and power generation. It lets businesses buy and sell greenhouse gas emission allowances. However, the trade emission allowances are reduced over time therefore effectively forcing businesses to invest in greenhouse gas reduction initiatives.

The post-Brexit future of the applicability of the EU ETS remains uncertain.

What will change with the introduction of Streamlined Energy and Carbon Reporting (SECR)?

While it would be great to think that all the existing legislation can be streamlined into a single reporting requirement, this is far from the case.

With the introduction of the SECR only the CRC scheme will cease to operate (in 2019), so in theory overlap between schemes will remain. Critically, the SECR eligibility criteria now aligns more closely with the ESOS criteria, meaning that an estimated 8,000 additional companies will be required to report on carbon emissions.

What does SECR require?

SECR will require all UK, large, quoted and unquoted companies, as defined by the Companies Act 2006, to monitor and publish energy use and carbon emissions in their annual reports. The only exemptions are for those using less than 40,000 kWh of energy in the reporting year.

Eligible business will have to report the following for every financial year:

Scope 1 and 2 GHG emissions

UK energy usage (electricity, gas and transport)

An emissions intensity metric

A narrative commentary on energy efficiency action taken

Scope 3 voluntarily

Global energy use when practical

Why introduce SECR?

The government hopes that SECR will not only simplify carbon reporting but will also improve energy efficiency in business. It is anticipated that broadening the scope of reporting compliance will support growth, improve energy security and decarbonise our economy.

Nevertheless, SECR presents a challenge to many businesses that do not currently calculate and report their carbon footprint. However, with more concrete details yet to be announced and the timeframe until April 2019 being limited, it is crucial for corporations to start setting up business processes to respond to the SECR requirements, and plan for the opportunities and challenges posed by SECR.

[[File:Streamlined-Energy-and-Carbon-Reporting.png]]

[[Category:Education]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Policy]] [[Category:Regulations]] [[Category:Sustainability]] [[Category:Client_procedures]] [[Category:Public_procedures]]