Verified SECR reports can help businesses move towards carbon net-zero and reduce energy costs.
SECR came into effect in April 2019 with the aim of simplifying carbon and energy reporting and to promote energy efficiency.
Whether your business was one of 11,900 UK companies involved in the SECR process in its first year or you’re required to be involved for the first time in 2021, it is important to have all the information you need.
Given the strict targets set by government to reach net-zero by 2050, there is a good chance that carbon reporting regulations will tighten and an already complex task could become even more difficult to complete in-house. If you want to ensure accuracy and compliance, it is always worth having your reports verified by an independent expert.
What we have consistently found in our dealing with clients is that gathering accurate transport data is one of the most challenging aspects to SECR, particularly when it comes to company cars and private cars for business-use only.
Not all companies have accurate records of the vehicle type, meaning the calculations are then based on an average not vehicle specific. All of this type of information is discussed during a preliminary call with an Energy Management consultant.
As an external energy management consultancy with an expertise in compliance and energy-related legislation, we can collate, analyse and present all relevant sustainability data for you.
Customers of ours have found the Energy Management portal, EM-Powered, to be an invaluable resource in collating and categorising energy consumption data.
Sustainability is dominating the energy agenda for companies at the moment, and will do for a long time ahead as the UK strives towards its 2050 carbon-zero target.
Companies are increasingly being judged by the public on their attempts to become ‘greener’, and whilst there has been no target-setting yet around carbon use reduction, completing SECR helps to promote positive achievements in this area.
What’s the criteria?
If your business meets two of the three criteria listed below in the financial year being reported on, you will need to comply.
- More than 250 employees
- £36m or more turnover
- Balance sheet total of more than £18m
Still unsure? Find out if you are required to comply by using our SECR checker tool.
If you would like any advice or help in making sure your business is SECR compliant, please get in touch on 01225-867722 or visit our dedicated web page