The Energy Savings Opportunity Scheme (ESOS) and Streamlined Energy and Carbon Reporting Scheme (SECR) have become part of the regulatory landscape since coming into force in 2014 and 2019, respectively. These separate schemes are both mandatory for large businesses that meet the scope, but many may not realise that some parts of the compliance overlap. This means that companies who split out their ESOS and SECR are missing the opportunity to streamline both the work and cost involved in meeting the compliance.
Let’s recap on what ESOS and SECR are
ESOS is a mandatory piece of EU legislation requiring large companies to submit an energy report to the Environment Agency every four years. An ESOS report analyses a company’s energy data over a 12-month consecutive period. As of yet, there is no requirement to record emissions.
SECR is a mandatory UK government framework that, in part, replaced the Carbon Reduction Commitment (CRC) Energy Efficiency Scheme in April 2019. Its aim was to simplify the reporting process for companies and reduce emissions by requiring businesses to calculate and report on their energy usage and greenhouse gas emissions.
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