The Streamlined Energy and Carbon Reporting (SECR) regulation applies to UK-registered quoted companies and large unquoted companies and LLPs.
Large unquoted companies and LLPs must meet two or more of the following criteria in the relevant financial year: turnover of £36 million or more, balance sheet total of £18 million or more, and 250 or more employees.
Confirm whether your organisation is required to comply with SECR regulations.
Gather and process energy and emissions data across your operations.
Accurately calculate your carbon emissions in line with SECR guidelines.
Prepare a transparent and compliant SECR disclosure for submission within your company’s financial statements.
Develop and implement actionable plans to improve energy and carbon performance and reduce costs.
SECR regulation applies to:
The same period as the company’s financial year.
While both SECR and ESOS relate to energy and carbon reporting, they differ in scope, frequency, and disclosure requirements.
Companies do not submit a standalone SECR report; instead, they must include SECR disclosures (such as energy use, greenhouse gas emissions and efficiency measures) within their annual Directors’ Report.
These annual reports are filed with Companies House, so the SECR information becomes publicly available there.
Companies could face financial penalties from the Financial Reporting Council, have their accounts rejected by Companies House, suffer from reputational damage and public scrutiny, and even lead to director accountability for persistent non-compliance.