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Draft Streamlined Energy & Carbon Reporting (SECR) Taxonomy opens for consultation

Aug 09, 2019
The Financial Reporting Council (FRC) has opened a consultation on the draft Streamlined Energy & Carbon Reporting (SECR) Taxonomy. The draft is a proposed addition to the FRC Taxonomies suite to reflect the new reporting requirements for energy and carbon data introduced on 1 April 2019.

The new requirements apply to all large companies and LLPs as well as to all listed companies and supersede Mandatory Greenhouse Gas Reporting which has been in force since 2013. While it is not mandatory to tag SECR data, Government is keen to enable companies that file their annual reports digitally to be able to report their SECR data in the same way to ensure the same level of transparency is available to external users.

The draft has been uploaded on Yeti and can be viewed at the following link. Yeti is a live consultation programme, which enables preparers and interested parties to submit responses in relation to the SECR taxonomy as and when they wish or apply it in practice. This ensures transparency and consideration of users and preparers needs and experiences. A guide on how to use Yeti can be found here.

In addition to Yeti responses, BEIS and the FRC have raised some relevant questions below to promote interest in the consultation and generate discussion about SECR taxonomy and its use. If you would like to respond to the any of the following questions, please submit your responses in email to The questions can also be found in the form of a smart survey here.

The consultation closes on 30 September 2019.

Published: 2 August 2019.

Source: The Financial Reporting Council.