Large UK companies will be required to report their energy use, carbon emissions and energy efficiency in their annual reports starting in April 2019. The new regulations - known as the Streamlined Energy and Carbon Reporting (SECR) framework - will apply to all quoted companies and large unquoted companies and will replace the CRC Energy Efficiency Scheme. The change is part of the UK government's aim of improving industry's energy efficiency by 20% by 2030. "The government has been clear that we want businesses to play a bigger role in reducing our greenhouse gas emissions, so this announcement marks an important step towards achieving that," said Secretary of State for Business, Greg Clark.
Large UK companies will be required to report their energy use, carbon emissions and energy efficiency in their annual reports starting in April 2019. The new regulations - known as the Streamlined Energy and Carbon Reporting (SECR) framework - will apply to all quoted companies and large unquoted companies and will replace the CRC Energy Efficiency Scheme. The change is part of the UK government's aim of improving industry's energy efficiency by 20% by 2030. Companies that use 40,000 kWh energy or less each year will not need to comply with SECR.