SECR is U.K.'s sustainability reporting framework that covers GHG emissions and energy usage to encourage improved energy efficiency.
SECR makes it mandatory for large businesses in the UK to annually report on their energy and carbon emissions as well as any efficiency measures.
Quoted companies (companies listed on a public exchange), large unquoted companies and large limited liability partnerships (LLPs) is affected by SECR.
Under the SECR's definition, companies and LLPs are considered “large” if they meet two or more of the following criteria:
- a turnover of £36 million or more
- a balance sheet of £18 million or more
- 250 employees or more
Large unquoted companies and LLPs are exempt from SECR reporting if they can show that their energy use during the reporting period is less than 40 MWh.
SECR Standards and Compliance Timeline
Scope 1 and 2 is mandatory, 3 is voluntary. Companies need to provide SECR-accordant information in their Director's Report from the financial year starting April 1st, 2019, and every financial year after.
To whom and how to report:
In their Annual Reports