SECR
Streamlined Energy and Carbon Reporting
Large UK companies must report energy use and carbon emissions in their annual Director’s Report.
As a minimum, SECR requires you to disclose your Scope 1 and 2 greenhouse gas emissions – (in other words) the carbon footprint of running your buildings and vehicles.
Will you be affected?
It’s mandatory to prepare an SECR disclosure in your annual accounts if your business is a UK registered large business*, which meets two of the following criteria:
250 or more employees, and/or
Annual turnover of more than £36 million, and/or
lAnnual balance sheet total of more than £18 million
*Note the criteria for classifying a large company in the UK is changing in April 2025, but many will still have legacy reporting requirements.
What to report on:
Scope 1: Heating, fuel for company vehicles and any other on-site fuel combustion, along with industrial processes that use greenhouse gases as well as refrigerants and fire suppression equipment.
Scope 2: The electricity you purchase from the grid, along with any purchased steam, heating, or cooling.
You are also strongly encouraged to report the Scope 3 categories associated with your people – business travel (including in employee-owned cars) and commuting.
How CarbonQuota can help
Our platform and team of expert consultants can assist at each crucial stage of the SECR process, through:
- Online portal for compliant data management
- Clear guidance to identify the right data
- Automatic conversion into carbon and other metrics
- Strictly defined processes and tools
- Summarised tables and supporting text
- Guidance and support from your dedicated Environmental Science Consultant
- Assured by an independent expert
- Results prepared in a format that’s ready for your accountant and auditor to verify
- A document that is ready for the Director’s Reports
Find out how we can support your SECR submission
The world of sustainability legislation can feel like an acronym-minefield.
Cut through the chaos with our straight-talking Sustainability Legislation guide – demystifying the jargon to help you get ready for the changes and obligations.
If you trade in the EU, you’re going to be affected. So it’s time to prepare.