SECR Carbon Reporting

A Practical Calculation Guide for UK Companies

SECR Calculation Requirements

Energy Consumption

Gas, electricity, transport fuels in kWh with UK/overseas split

GHG Emissions

Scope 1 & 2 emissions in tCO2e using DEFRA factors

Intensity Ratio

Energy or emissions per unit of business activity

Calculation Foundation

SECR calculations follow the GHG Protocol Corporate Accounting and Reporting Standard. This guide focuses on the practical implementation challenges: which conversion factors to use, how to handle missing data, and how to treat complex corporate structures.

GHG Protocol Implementation for SECR

Organizational Boundaries

Equity Share Approach (Recommended)

Company accounts for emissions according to its equity share in each operation.

Example:

Manufacturing facility with 60% ownership → Include 60% of facility emissions

Calculation: Facility emissions (1,000 tCO2e) × Equity share (60%) = 600 tCO2e

✅ Advantages:
  • • Consistent with financial reporting
  • • Reflects economic interest
  • • Suitable for joint ventures

Control Approach (Alternative)

Company accounts for 100% of emissions from operations under its control.

Financial Control

Ability to direct financial and operating policies (majority shareholding)

Operational Control

Authority to introduce and implement operating policies

⚠️ Considerations:
  • • Can overstate emissions for minority stakes
  • • May differ from financial consolidation
  • • Control definition can be complex

Operational Boundaries: Scope 1 & 2 for SECR

Scope 1: Direct Emissions

Stationary Combustion
  • • Natural gas boilers and furnaces
  • • Oil heating systems
  • • Biomass and coal combustion
  • • Emergency generators (diesel/gas)
Mobile Combustion
  • • Company-owned vehicles
  • • Fleet cars and delivery vehicles
  • • Construction equipment
  • • Company boats and aircraft
Process & Fugitive
  • • Refrigerant leakage (F-gases)
  • • Industrial process emissions
  • • Waste treatment on-site
  • • Chemical reactions

Scope 2: Indirect Energy Emissions

Location-Based Method

Uses average emission factor for electricity grid where consumption occurs

UK Grid Factor 2023: 0.21233 kgCO2e/kWh

Market-Based Method

Uses emission factors from contractual arrangements (green electricity contracts)

REGO certificate: 0 kgCO2e/kWh
No contract: UK residual mix factor
SECR Requirement

UK companies should use location-based method unless they have specific contractual instruments (REGOs)

Using DEFRA Conversion Factors Correctly

Critical: Use Correct Version Year

Use conversion factors for the year of your reporting period, not the year of submission. For FY2023 emissions, use 2023 factors even if reporting in 2024.

Fuel Conversion Factors

Fuel TypeUnit2023 Factor
Natural GaskWh0.18316
Gas Oil/Diesellitre2.69240
Petrollitre2.16763
LPGlitre1.51095

Factors in kgCO2e. Full tables available at gov.uk/ghg-conversion-factors

Electricity Grid Factors

UK Grid Electricity

Location-based (2023):0.21233 kgCO2e/kWh
Market-based residual:0.23314 kgCO2e/kWh
REGO certificates:0.00000 kgCO2e/kWh

Common Mistake

Don't mix grid electricity factors with transmission & distribution (T&D) factors. T&D losses are automatically included in UK grid factors.

Overseas Operations

Use IEA country-specific factors for overseas electricity consumption. DEFRA provides these in their international factors spreadsheet.

Handling Complex Scenarios

Partial-Year Acquisitions and Disposals

Acquisition During Reporting Period

Example Scenario:

Company acquired on 1 July 2023 (6 months into FY2023)

Pre-acquisition (Jan-June):Exclude from SECR
Post-acquisition (July-Dec):Include in SECR

Pro-rata calculation: If annual emissions were 1,200 tCO2e, include 600 tCO2e (6 months post-acquisition)

Best Practice:

Disclose the impact of acquisitions and disposals separately in your SECR narrative to aid year-on-year comparisons.

Practical Implementation

Data Collection Strategy
  • • Request pre-acquisition emissions data for context
  • • Identify billing period cutoffs (may not align with legal acquisition date)
  • • Pro-rate based on business days, not calendar days
  • • Document any seasonal adjustments needed
Reporting Considerations
  • • State acquisition date clearly in SECR disclosure
  • • Provide like-for-like comparison excluding acquisitions
  • • Consider normalising intensity ratios for business size change
  • • Flag any one-off integration costs (e.g., dual facilities)

Overseas Operations Reporting

Geographic Split Requirement

SECR requires separate disclosure of UK and overseas energy consumption and emissions.

What counts as "UK":
  • • England, Scotland, Wales
  • • Northern Ireland
  • • UK territorial waters
  • • NOT Channel Islands or Isle of Man

Conversion Factor Selection

Fuel Combustion

Use UK DEFRA factors for all locations (consistent methodology)

Electricity

Use country-specific grid factors from IEA data

Practical Challenges

Different Fiscal Years

Align overseas subsidiary reporting periods where possible

Currency Conversion

Use average exchange rates for the reporting period

Data Quality

Lower quality overseas data acceptable with disclosure

Missing Data and "Reasonable Estimates"

SECR "Reasonable Estimate" Standard

SECR regulations allow "reasonable estimates" where precise measurement is not possible. The key is documenting your methodology and ensuring materiality.

✅ Acceptable Methods:
  • • Pro-rata from available months
  • • Previous year data with activity adjustments
  • • Benchmarking against similar sites
  • • Engineering calculations
❌ Not Acceptable:
  • • Ignoring material emissions sources
  • • Using clearly outdated factors
  • • No supporting rationale
  • • Systematic underestimation

Materiality Assessment

5% Materiality Threshold

If missing data represents >5% of total emissions, enhanced estimation procedures required.

Example: Total emissions 1,000 tCO2e. Missing heating oil data estimated at 60 tCO2e (6%) → Requires detailed estimation methodology and uncertainty assessment
Documentation Requirements:
  • • Reason for missing data
  • • Estimation methodology used
  • • Data sources for estimation
  • • Uncertainty range (+/- %)
  • • Actions to improve future data quality

Quality Assurance and Common Errors

Pre-Submission Checklist

Organizational boundaries consistent with financial reporting
Correct DEFRA factor version for reporting year
UK/overseas split correctly calculated
Scope 1&2 emissions properly categorised
Intensity ratio meaningful and comparable
Missing data methodology documented
Energy efficiency actions described
All units consistent (kWh for energy, tCO2e for emissions)

Common Calculation Errors

Unit Conversion Mistakes

  • • kWh ↔ MWh conversion (÷1000)
  • • m³ gas → kWh (×11.2 for natural gas)
  • • Litres ↔ gallons (×4.546 for UK gallons)

Boundary Issues

  • • Including leased vehicles in Scope 1 vs 3
  • • Business travel vs company cars
  • • Tenant electricity in multi-occupancy buildings

Double Counting

  • • Counting grid electricity AND renewable certificates
  • • Including emissions in both acquired company and group
  • • Counting fuel AND associated electricity generation

Verification Considerations

While SECR doesn't require third-party verification, many companies choose limited assurance to enhance credibility, especially when emissions are material to business operations or stakeholder decisions.

Benefits of Verification:
  • • Enhanced stakeholder confidence
  • • Improved data quality processes
  • • Readiness for UK SRS requirements
  • • Better investor ESG scores
Typical Verification Scope:
  • • Data collection procedures
  • • Calculation methodologies
  • • Activity data and invoices
  • • Management controls

Expert SECR Calculation Support

Ensure accurate SECR calculations and avoid common pitfalls with expert guidance