What about BREXIT and SECR?
What about BREXIT and SECR?
The UK government’s commitment to carbon reduction is not dependent on the UK remaining within the EU. Their reporting process...
Which details must companies report for SECR?
Which details must companies report for SECR?
Quoted companies
If your company is quoted, you will have to disclose:
Annual greenhouse gas (GHG) emissions from...
What about the energy efficiency side of SECR?
What about the energy efficiency side of SECR?
BEIS has decided that affected companies will be required to provide a 'narrative commentary' on energy efficiency...
Do some firms need to report under both SECR and ESOS?
Do some firms need to report under both SECR and ESOS?
Yes! BEIS's impact assessment suggests around 25% of companies affected by the reporting regimes...
Where do companies report under SECR?
Where do companies report under SECR?
Companies in scope of the SECR legislation will need to include their energy and carbon information in their Directors’...
Is there a minimum level of energy use, below which SECR reporting isn’t required?
Yes. The threshold is 40,000 kWh, companies under this threshold will be exempt from SECR. Organisations using low levels of energy are not be...
Are there any exemptions from SECR?
Are there any exemptions from SECR?
Yes, several.
If your organisation qualifies as a “low energy user” by consuming 40MWh or less during the relevant financial...
What will SECR be worth to the UK?
What will SECR be worth to the UK?
BEIS estimates SECR should result in a reduction of £1.3 million in annual costs to business. Some...
How will parent companies, their subsidiaries or LLPs report on SECR?
How will parent companies, their subsidiaries or LLPs report on SECR?
At the moment, it appears UK subsidiaries that qualify for SECR in their own...
Can a company report on SECR electronically?
Can a company report on SECR electronically?
Electronic reporting will be voluntary for SECR information from 2019, although BEIS plans to keep mandatory electronic reporting...
