Streamlined Energy and Carbon Reporting and Transposition error: Difference between pages

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''Environmental policy - UK.''
1.
A simple error of data entry when two digits in a number are reversed (transposed).


(SECR).
When two adjacent digits are transposed the error will always be divisible by 9.


The UK's Streamlined Energy and Carbon Reporting (SECR) framework was introduced in April 2019.  
For example:
If 3,460 should be 3,640
the difference is 180 (3,640-3,460=180)
180/9 = 20.


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


 
2.
Listed UK companies are required to report their greenhouse gas (GHG) emissions.
Similar errors with non-numerical data.
 
For example ABC entered wrongly as ACB.
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 ==
== See also ==
* [[Cap and trade]]
* [[Double counting]]
* [[Carbon]]
* [[Carbon credits]]
* [[Carbon footprint]]
* [[Carbon reporting]]
* [[Carbon trading]]
* [[Climate Change Levy]]
* [[CRC Energy Efficiency Scheme]]
* [[Emission trading scheme]]
* [[Energy Transitions Commission]]
* [[Financial reporting]]
* [[IPCC]]
* [[Listed company]]
* [[Merit order]]
* [[Partnership for Carbon Accounting Financials]]  (PCAF)
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Compliance_and_audit]]
[[Category:Ethics]]

Revision as of 13:07, 14 August 2013

1. A simple error of data entry when two digits in a number are reversed (transposed).

When two adjacent digits are transposed the error will always be divisible by 9.

For example: If 3,460 should be 3,640 the difference is 180 (3,640-3,460=180) 180/9 = 20.


2. Similar errors with non-numerical data. For example ABC entered wrongly as ACB.


See also