Use Case
Streamlined Energy and Carbon Reporting (SECR)Ecometrica Sustainability is fully compliant with the Streamlined Energy and Carbon Reporting (SECR) framework. Maintain control of your data and receive robust SECR figures ready for your annual reporting.
Overview
Using Ecometrica’s Sustainability Reporting Software for the Streamlined Energy and Carbon Reporting (SECR) requirements couldn’t be easier. Our sustainability software allows you to easily collect, calculate and report your energy use and carbon emissions in compliance with the new framework.
For many companies, SECR will be the first time they have to collect and report on energy and carbon data. Using Ecometrica’s Sustainability Reporting Software removes the worry about not collecting or reporting the correct information.
Domestic UK only, including UK offshore area from:
£1,750 +VAT
Pricing shown is for non-listed organisations with less than 25 sites reporting UK emissions only. For pricing for larger organisations or for activities outside the UK please get in touch using the form below.
What is SECR?
The SECR regulations replaced the Carbon Reduction Commitment (CRC) scheme on 1st April 2019 in an attempt to simplify reporting requirements whilst bringing almost 8,000 more businesses into the UK’s mandatory carbon reporting. The reporting requirement of energy and carbon for all large organisations in the UK (except for some exemptions, see below) is in line with the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations.
SECR aims to:
- Increase awareness around energy costs within organisations
- Level the reporting burden between quoted and unquoted organisations
- Provide organisations with the right data to inform energy efficiency measures and opportunities to reduce their impact on climate change
- To provide greater transparency for investors and other stakeholders.
Who has to report under SECR, and where?
For financial years starting on or after 1st April 2019, the new Streamlined Energy and Carbon Reporting (SECR) regulations will affect:
- Quoted companies;
- Large* unquoted companies;
- Large* Limited Liability Partnerships (LLP)
Organisations exempt from the full SECR disclosure include those that can confirm they have used 40,000 kWh of energy or less over the reporting period, where the directors consider the disclosure of the energy and carbon information would be seriously prejudicial to the interests of the organisation, and where it is not practical to obtain the information requested in the disclosure.
Companies in scope of the legislation will need to include their energy and carbon information in their Directors’ Report as part of their annual filing obligations. Full SECR reporting guidance is published in full by the UK Government’s Department for Business, Energy and Industrial Strategy (BEIS).
What needs to be reported?
Apart from an increase in the number of organisations that are required to report compared to the outgoing Mandatory Greenhouse Gas requirements, SECR includes both carbon and energy reporting. There are different reporting requirements whether you are reporting as a quoted company, or either as large unquoted company or LLP.
*Large companies are defined by the Companies Act 2006 as those which have two or more of the following criteria for the reporting period:
- More than 250 employees
- An annual turnover greater than £36m
- An annual balance sheet greater than £18m
Quoted companies
- Annual greenhouse gas emissions from activities for which the company is responsible including combustion of fuel and operation of any facility; and the annual emissions from the purchase of electricity, heat, steam or cooling by the company for its own us
- Underlying global energy use
- Previous year’s figures for energy use and greenhouse gas emissions
- At least one intensity ratio
- Energy efficiency action taken
- Methodology used
Large unquoted companies and LLPs
-
UK energy use (as a minimum gas, electricity and transport, including UK offshore area)
-
Associated greenhouse gas emissions
-
Previous year’s figures for energy use and greenhouse gas emissions
-
At least one intensity ratio
-
Energy efficiency action taken
-
Methodology used
Benefits of using Ecometrica Sustainability for your SECR disclosure
Fully SECR framework compliant
All questions, activities and calculations have been checked to output to the SECR framework.
Use the data you have
Not all data comes ready to use, that’s why we allow data entry using either primary data, spend data, or published assumptions
Secure storage for your data and evidence
Remove the uncertainty about storing your evidence files and keep your audit trail. Supported by Ecometrica Sustainability’s true Audit Ready claim by PwC.
Up-to date global emission factor database provided
Sourcing and verifying the quality of emission factors has already been done by Ecometrica Analysts so you only need to gather your organisational data
Pre-made Director’s Report output
By using our SECR output you know you are reporting all the required information. Delivered in an easy to use output for your annual report team to format into your company style.
Multiple user log-ins
Data can be housed in various departments in your organisation. Give multiple users access, or email a question directly to a colleague.
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