edie launches business guide to Streamlined Energy and Carbon Reporting
edie has launched a business guide into the important issue of Streamlined Energy and Carbon Reporting (SECR) as the first full financial year since the scheme was introduced in April 2019 draws to an end.
The new guide, in association with Inspired Energy, has been released as larger businesses falling within the scope of the new regime are pulling together the data and figures on energy usage and emissions which now form an integral part of their overall annual reporting obligations.
It provides an in-depth summary of the legislation, and how businesses can ensure they comply with it. What is SECR and does your business need to comply? What are the new reporting issues? And what considerations should be examined when bringing together data for reporting? This free edie Explains guide gives you everything you need to know.
The eight-page guide also incorporates a number of 'top tips' on compliance with SECR and concludes with an industry viewpoint, provided by Inspired Energy, which provides a summary of the key findings of the report.
Writing in the viewpoint of the guide, client optimisation manager at Inspired Energy, Emma Hird, said: "It is becoming clear that boardrooms are facing increasing pressure from investors and stakeholders to demonstrate a meaningful and sustainable approach to managing their carbon impact.
"While businesses focusing on sustainability is not a new phenomenon, 2019 has undoubtedly been the year that it has come fully into the public consciousness with the government legislating to hit net zero carbon emissions by 2050.
"It is important to note that while financial penalties for SECR compliance are low, the reputational risk incurred if a business’ SECR report reveals they’re not making enough progress in reducing emissions - or haven’t implemented energy efficiency measures – is high."