Streamlined Energy and Carbon Reporting (SECR) - One year on
The Streamlined Energy and Carbon Reporting (SECR) policy was introduced on 1 April 2019 by the UK Government in line with The Companies (Directors' Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018 coming into force. The implementation of the SECR policy coincided with the end of the Carbon Reduction Commitment (CRC) energy efficiency scheme, which was generally considered by many to be overly complex.
The SECR policy effectively extends existing reporting requirements for quoted companies and mandates new annual disclosures for large unquoted and limited liability partnerships, and complements the Energy Savings Opportunity Scheme (ESOS) which remains in force although differs slightly in that it doesn't require public disclosure.
For further information please contact Mark Stockdale, Niamh Collins or any member of the Energy, Infrastructure & Natural Resources Belfast team.
Date published: 30 April 2020