Get ready for Streamlined Energy and Carbon Reporting (SECR)
From April 2019, large businesses will have to include carbon & energy information in their Annual Report.
The following information needs to be included:
– Greenhouse gas emissions – Scope 1 & 2 emissions arising from energy use in buildings & transport, including electricity, gas, vehicles & refrigerants.
– Energy consumption data.
– Details of energy efficiency activities undertaken.
To prepare, start putting in place processes for collecting data & making the carbon calculations. Many companies find this a challenge, particularly transport data.
SECR applies to quoted and large unquoted companies registered in the UK (>250 employees or turnover >£36m).
However, there are a lot of changes to energy legislation & costs next year that will affect all businesses, such as a 45% increase in the Levy applied to energy bills.
Make sure you’re aware of all of these, to reduce the risk & cost implications to your business or indeed your clients.
Call Anya Ledwith of Eshcon for help to get started.