Tag: Reporting

Get ready for Streamlined Energy and Carbon Reporting (SECR) New carbon reporting regulations are coming. The government recently announced its plans for new carbon reporting, starting in April 2019. The Streamlined Energy and Carbon Reporting (SECR) regulations require carbon & energy information to be included in the company’s Annual Report. SECR applies to quoted and large unquoted companies registered in the UK (as defined by the Companies Act 2006 and fulfilling at least 2 of the following conditions in the financial year: >250 employees, annual turnover >£36m, annual balance sheet >£18m). The following information needs to be included in the Annual Report for that year: Greenhouse gas emissions - Scope 1 and 2 emissions arising from energy use in buildings & transport, including electricity, gas, vehicles & refrigerants (scope 3 remain voluntary). Large companies should report on UK activities; quoted companies will continue to be required to report on global energy use and carbon emissions. Details of the methodology for calculating emissions and a...