SECR is replacing the Carbon Reduction Commitment Energy Efficiency Scheme (CRC) and came into effect April 2019. Its purpose is to measure and report the environmental impact of organisations and to set improvement goals to reduce carbon emissions.
It will apply to quoted companies of any size, 'large' unquoted companies and 'large' limited liability partnerships (LLPs). The criteria for 'large' is meeting at least two out of the three criteria:
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