Secured and Streamlined Energy and Carbon Reporting: Difference between pages

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1. ''Credit risk management - collateral.''
''Environmental policy - UK.''  


In relation to lending and borrowing, supported by assets pledged by a borrower, as additional protection for the lender's interest.
(SECR).


For example a residential mortgage loan, for which the security is the residential property mortgaged to the lender.
The UK's Streamlined Energy and Carbon Reporting (SECR) framework was introduced in April 2019.  


It is designed to simplify existing energy and carbon reporting policies and to reduce the administrative burdens imposed on organisations.


2. ''Credit risk management - effective collateralisation.''


In relation to lending and borrowing, supported in other ways by related assets, to protect the lender.
Listed UK companies are required to report their greenhouse gas (GHG) emissions.


For example, in a sale and repurchase agreement (repo).
In addition, they are required to start reporting, where practical, on their global total energy use.


They are also required to report on energy efficiency actions from the previous year.


3. ''Credit risk management - other credit enhancement.''


More generally, in relation to all forms of credit, supported by one or more credit enhancement structures for the the benefit of the lender.
Other non-listed large organisations are subject to similar but lighter reporting requirements.




4. ''Safety - confidentiality - controls - systems - procedures.''
SECR replaced the UK's Carbon Reduction Commitment Energy Efficiency Scheme (CRC Scheme).


Acceptably low risk in relation to physical safety and confidentiality, especially following a process of improvement and enhancement to systems, procedures and related controls.
 
The tax element of the former CRC scheme is replaced by the Climate Change Levy.




== See also ==
== See also ==
* [[Bells and whistles]]
* [[Cap and trade]]
* [[Bond]]
* [[Carbon credits]]
* [[Charge]]
* [[Carbon footprint]]
* [[Collateral]]
* [[Carbon trading]]
* [[Committed]]
* [[Climate Change Levy]]
* [[Controls]]
* [[CRC Energy Efficiency Scheme]]
* [[Credit enhancement]]
* [[Emission trading scheme]]
* [[Debt security]]
* [[Energy Transitions Commission]]
* [[Fixed charge]]
* [[IPCC]]
* [[Floating charge]]
* [[Listed company]]
* [[Liquidity]]
* [[Merit order]]
* [[Mortgage ]]
* [[Negative pledge]]
* [[Repurchase agreement]]
* [[Safekeeping]]
* [[Secured creditor]]
* [[Secured debt]]
* [[Secured Overnight Financing Rate]]  (SOFR)
* [[Securitisation]]
* [[Securitise]]
* [[Security]]
* [[Uncommitted]]
* [[Unsecured]]
* [[Unsecured debt]]


[[Category:The_business_context]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:Corporate_finance]]
[[Category:Compliance_and_audit]]
[[Category:Intercompany_funding]]
[[Category:Ethics]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]
[[Category:Trade_finance]]

Revision as of 13:52, 8 August 2019

Environmental policy - UK.

(SECR).

The UK's Streamlined Energy and Carbon Reporting (SECR) framework was introduced in April 2019.

It is designed to simplify existing energy and carbon reporting policies and to reduce the administrative burdens imposed on organisations.


Listed UK companies are required to report their greenhouse gas (GHG) emissions.

In addition, they are required to start reporting, where practical, on their global total energy use.

They are also required to report on energy efficiency actions from the previous year.


Other non-listed large organisations are subject to similar but lighter reporting requirements.


SECR replaced the UK's Carbon Reduction Commitment Energy Efficiency Scheme (CRC Scheme).


The tax element of the former CRC scheme is replaced by the Climate Change Levy.


See also