FAQ: What does SECR mean?

SECR is often used as the abbreviation for Streamlined Energy and Carbon Reporting. SECR is a mandatory framework in the United Kingdom for certain large companies to follow, reporting on their energy consumption and greenhouse gas (GHG) emissions in their annual financial reports. This framework was introduced in the UK in April 2019, replacing the previous reporting framework, the Energy Savings Opportunity Scheme (ESOS). The introduction of the new SECR framework aimed to improve the quality and transparency of energy and carbon reporting in the UK, helping large companies to understand and reduce their energy consumption and carbon footprint. Large organisations are required to report annually on their energy use, including electricity, gas and transport fuel consumption, as well as their greenhouse gas emissions. The SECR is designed to ensure that the reporting requirements are easy to follow for large companies, cost-effective and allows existing data and processes to be used within the SECR framework. Ecometrica can help with your SECR reporting requirements.