Quoted companies of any size that are required to prepare a Directors’ Report to include mandatory greenhouse gas reporting under the Directors and LLP reporting regulations that were updated in 2018, are required to comply with SECR. Quoted companies in this respect are those listed on the London Stock Exchange, the New York Stock Exchange or NASDAQ, or the European Economic Area State.

Unquoted companies incorporated in the UK which are required to prepare a Directors’ Report to include mandatory greenhouse gas reporting under the Directors and LLP reporting regulations that were updated in 2018, and which are defined as “large” are required to comply with SECR.

Low energy users are exempt from disclosing their detailed energy and carbon data. A low energy user is defined as an organisation that uses 40,000 kWh or less during the reporting period.

Companies that are incorporated outside of the UK are not required to report on energy and carbon in their Directors report.