New energy and emission rules for businesses set to come into force in April

The Streamlined Energy and Carbon Reporting (SECR) regulations for businesses will come into force this April and the UK government is urging companies to prepare for the new energy and emissions rules, a recent news report has been able to suggest.

The new rules, which will take effect from 1st April 2019, require all large companies to report on their global energy use in addition to greenhouse gas emissions in their annual Directors’ Report.

The measures are expected to help improve corporate transparency for investors and drive energy efficiency to deliver energy cost and carbon savings.

Energy and Clean Growth Minister Claire Perry said: “If you don’t measure it, you can’t manage it. New simplified rules will ensure more than 11,000 large businesses report on carbon emissions and cut down the amount of energy they use.

“The UK is already a world leader in cutting emissions, doing so faster than any other country in the G20. By accounting for carbon emissions, investors and shareholders will be able to see the opportunity and potential savings from cutting down on energy waste and increasing the efficiency of their businesses.”

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