SECR is the new Streamlines Energy & Carbon Reporting scheme that aims to replace CRC at the end of its final reporting deadline in July 2019.
The proposed SECR framework objectives include:
The reduction of the overall administrative burdens on participants.
To improve the incentive for organisations to save energy by improving energy efficiency in order to reduce energy bills and carbon emissions.
To help drive behaviour changes by raising awareness of energy efficiency with organisational decision makers.
To boost the importance of energy efficiency in relation to the effect on an organisation’s reputation.
To increase transparency for investors and others so that companies can be held account.