From April next year, large companies in the UK must report on their carbon emissions and energy use. Find out what this means for your company and how you can simplify the process.
In a bid to simplify the process of reporting on energy and carbon, the UK Government have introduced the Streamlined Energy and Carbon Reporting (SECR) framework. Though SECR has been designed to minimise the administrative burden for reporting companies, for many, measuring and publicly disclosing carbon emissions will be a new challenge.
Publishing on emissions has been a legal requirement for all UK quoted companies since 2013. With SECR regulation coming into effect in April 2019, large unlisted companies will now also be expected to measure and report on both energy use and carbon emissions. In total, SECR will affect nearly 12’000 UK businesses – defined as those meeting two or more of the following criteria during a financial year;
- At least 250 employees
- An annual turnover greater than £36m
- An annual balance sheet total greater than £18m
“All large, UK incorporated, unquoted companies and LLP’s will have to comply with SECR from April 2019”
For those falling into the list of SECR compliant companies, the race is on to understand their reporting requirements and find the most efficient answer to measuring, managing and publishing on their carbon and energy. CTX provides the perfect solution to SECR through our industry expertise and world-leading software, allowing you to:
- Understand the energy and carbon reporting requirements for your company
- Collect and manage your energy and carbon data
- Perform effective analytics to identify efficiencies and reduction opportunities
- Streamline the reporting process using automated solutions
To find out more about how we can help you prepare for SECR, contact the CTX sales team on 0203 598 5890 or using the Contact Form below