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Greenhouse Gas Reporting
Greenhouse gas reporting has been extended to more companies
You need to know what’s required and what you need to do
You need to know how to minimise the effort needed to comply
Greenhouse Gas Reporting
Greenhouse Gas Reporting (GHG reporting) is also known as CO2e emissions reporting or sometimes Mandatory Carbon Reporting. The UK government’s Streamlined Energy and Carbon Reporting (SECR), has extended the scope of Mandatory Carbon Reporting to many more companies. As of the 1st April 2019 all large unquoted UK companies and large LLPs with financial years starting on or after that date are required to report their greenhouse gas emissions under SECR.
The definition of large is the same as it is under the companies Act 2006 which is two or more of the following:
- More than 250 employees
- Annual turnover greater than £36m
- Annual balance sheet total greater than £18m
Balance sheet total in this case is Total Assets, not Net Assets.
What do I need to report?
Currently all large companies and large LLPs are required to report certain energy usage and carbon emissions under the Streamlined Energy and Carbon Reporting requirements. Quoted companies under the Streamlined Energy and Carbon Reporting (SECR) need to report their full Scope 1 and Scope 2 emissions.
Scope 1 Emissions are those direct GHG emissions that come from sources owned or controlled by an organisation. Mainly gas consumed on site and transport. Click here for more detail
Scope 2 Emissions are indirect GHG emissions from the consumption of purchased electricity, steam heating or cooling. Click here for more detail
Getting the Information
The electricity or gas, the emissions can be calculated from the kWh used. This is usually found on a monthly or quarterly bill. There are complexities if a bill straddles a year end and meter readings are required. This is particularly with gas where the calculations required are more complex than for electricity. For transport, the litres or kilograms of fuel used are required. The UK Government provides factors to calculate the GHG emissions from the energy used.
Simplifying the Process.
GHGi Analytics simplifies electricity, gas and transport emissions reporting. It uses the correct and up-to-date government emissions factors. All you do is let the application guide you as you enter the data from gas and electricity bills. It does the rest.
GHGi Analytics is cloud based, which makes it easier for organisations to record their emissions centrally. This is particularly important for geographically dispersed companies. As it is cloud based, there is no need to access organisation’s internal network. A major cyber-security benefit.
GHGi Analytics holds emissions factors from prior years. As the factors vary over time, the impact of your efforts to reduce CO2e emissions might not be clear due to these changes. GHGi Analytics allows you to make year-on-year comparisons using the same emissions factors. This enables you to get an accurate picture of the impact of your efforts to reduce greenhouse gas emissions. For example, the impact of changes in the annual factor values on the emissions reported (e.g. the UK electricity factor changed by 20% from 2017 to 2018).
Join us to gain insight into how to simplify compliance with the UK Government’s Streamlined Energy and Carbon Reporting (SECR) requirements. Hear about how GHGi Analytics will do this, and see a live demo by our solutions expert.
Fill in this form and we can help simplify the process for you.
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