Download the full outcome
Detail of outcome
The government response provides a summary of the responses and views from the consultation and the related events.
The consultation outcome confirmed:
- that mandatory reporting is important
- that it should align with best practice in the UK and internationally
- that it should build on the existing mandatory reporting of greenhouse gas emissions by UK quoted companies and the Energy Savings Opportunity Scheme (ESOS)
- that we should ensure we are not imposing unnecessary administrative burdens on UK business
The Order in Council to close CRC UK-wide after the current phase has been laid before Parliament, and the regulations to implement SECR for financial years beginning on or after 1 April 2019 have been laid before Parliament and are subject to parliamentary approval.
Detail of feedback received
BEIS received 155 written responses from a variety of organisations and individuals.
The consultation sought views from across the UK on the introduction of a streamlined energy and carbon reporting framework from April 2019 to coincide with the closure of the CRC Energy Efficiency Scheme after the end of the current phase.
During the consultation period, workshops were held throughout the UK, and a webinar was held before the consultation closed. A specific workshop was also held in London to look solely at the impact assessment. Additionally, officials from BEIS spoke at a variety of other stakeholder events. Views expressed at these events were taken into account when drafting the government response.
Attendees at the consultation events, and respondents to the online consultation, were from a mix of trade associations, consultancies, businesses, charities, academia, regulators, local authorities and non-departmental public bodies.
This consultation seeks views on the UK government’s proposals for Streamlined Energy and Carbon Reporting within the Companies Act 2006 business reporting framework. We are keen to hear from businesses and others how this can best be designed.
This consultation is asking for views on:
- mandatory annual reporting and disclosure of energy and carbon information through Company Accounts
- who these requirements should apply to
- reporting of cost-effective energy efficiency opportunities, such as those identified through ESOS audits, and action taken on these
- complementary disclosures
- electronic reporting
Our impact assessment provides estimates of average annual energy savings, energy cost savings to companies and the change in overall annual administrative burdens on businesses. We are keen to receive additional evidence on costs and benefits to business of our proposals. We would also like to gather evidence on additional reporting policy features that might be added in the future.