SECR – Are you In?
Are you prepared for the new SECR carbon reporting regulations?
The Streamlined Energy and Carbon Reporting Regulations require large companies to include carbon & energy information in their Annual Report. This applies for financial years starting on or after 1st April 2019.
Does this apply to you?
Are you large?
SECR applies to quoted and large unquoted companies & LLPs registered in the UK (as defined by the Companies Act 2006), fulfilling at least 2 of the following conditions in the financial year:
Annual turnover >£36m
Annual balance sheet >£18m.
All quoted companies must comply with SECR and will need to include data for both the UK & global activities.
What’s your Financial Year?
Your first SECR report will cover April19-March20.
Start working on this now!
Your first SECR report will cover Jan20-Dec20.
You have a little breathing space until early 2021, but make sure your data collection processes are up to scratch.
Your first SECR report will cover Oct19-Sept20.
Make sure your data collection processes are good – you’ll need the info soon.
What you need to do now
Call me for advice – I’ll make the whole SECR process run smoothly for you.
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