Heard about Streamlined Energy and Carbon Reporting (SECR) but have no idea what it means? Read our 5 quick facts below to find out what SECR is, who it applies to and what you have to do.
Streamlined Energy and Carbon Reporting (SECR) is a mandatory energy and carbon reporting scheme for large UK companies.
It is a relatively new piece of legislation that was introduced in 2019 to replace the Carbon Reduction Commitment (CRC) scheme.
Companies must collect and measure their energy use and carbon emissions for their 12 month financial reporting period and submit this information in their Directors’ Report to Companies House.
The following companies must submit a SECR report:
Eligible companies have to submit a SECR report every year within their Director’s Report to Companies House.
Therefore the deadline depends on your company’s financial reporting period i.e. January – December, April – March, July – June.
Failure to submit a SECR report will result in your accounts submission being shown as ‘incomplete’ and could result in a late filing penalty.
There is no defined format for completing a SECR report however there are certain rules and some details need to remain consistent year to year.
At Elmhurst Energy Consultancy we can show you how to complete a SECR report and provide you with a free template that you can use for the following years. Find out more about our Self-Service SECR.
Article published 15/06/21