Streamlined Energy and Carbon Reporting is a legal obligation for all large organisations to disclose their energy and carbon emissions within their annual Director’s Report, or separate sustainability report.
SECR is a legal obligation for all large organisations to disclose their energy and carbon emissions within their annual Director’s Report, or separate sustainability report. Large companies and Limited Liability Partnerships (LLPs) under SECR are defined as meeting at least two of the following three criteria:
Likewise, cited companies of any size, listed on a major stock exchange and incorporated in the United Kingdom must also report.
SMEs are encouraged to participate in SECR, as it represents best practice in environmental disclosures and helps to identify opportunities to reduce environmental impact and save money.
Unquoted Large Companies and LLPs
Scope 3 emissions only cover business travel where the company is supplied with fuel but not where fuel is paid for indirectly. For example, fuel is consumed in personal vehicles and hire cars (and reimbursed by the company either exactly or at a set rate) but fuel associated business flights, trains or taxis are excluded, as the vehicles are not operated by the company or its employees.
However, companies are encouraged to report other materials source of Scope 3 emissions relevant to their business. These may include other forms of business travel, materials, waste, employee commuting, homeworking, transport of goods etc.
Whilst not mandatory, external verification or assurance is recommended to ensure accuracy, completeness of reporting.
Quoted Companies
Scope 3 emissions are voluntary for quoted companies. However, it is becomingly increasingly expected that companies account for and tackle emissions with their supply chains.
Net Zero is an ambitious and required target for governments, institutions, and companies to intensely reduce global greenhouse gas emissions and prevent the damaging effects of climate change.
Streamlined Energy and Carbon Reporting is a legal obligation for all large organisations to disclose their energy and carbon emissions within their annual Director’s Report, or separate sustainability report.
Environmental Impact Assessment (EIA) is an integral part of planning and development.
Energy performance certificates are a rating scheme to summarise the energy efficiency of buildings.
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