Our 5 step plan...
Complete review of the business to understand the structure, which will determine what should be reported, It is mandatory to include energy & emissions from all sources of environmental impact.
Define Data Collection Period
All data and information from business operations and processes must be collected and subsequently recorded in line with the reported financial year.
Determine Key Metrics, Methodology & Action
Energy efficiency & environmental actions taken throughout the reporting FY need to be disclosed in a narrative format. The method used and inclusion of key business intensity metrics is crucial
Reporting & Submission
All findings must be publicly disclosed within your Directors' Report or equivalent section within the Annual Report. Regulations are enforced by the BEIS who apply financial penalties to organisations that fail to submit, report incorrectly or miss the deadline.
Set Targets & Actions to be Taken
The real value in SECR reporting is that it highlights specific areas of opportunity to reduce energy & carbon emissions, which may have not been clear before. Decisions will be taken regarding setting SBTi/Net Zero/Carbon Neutral targets.