Maintaining your Carbon Reduction Commitment
The CRC Energy Efficiency Scheme (CRC, previously known as the Carbon Reduction Commitment) is a mandatory emission trading scheme placing several large energy monitoring and reporting burdens on organisations.
As announced in the 2016 Budget, the CRC scheme ran until the end of the 2018-19 compliance year, when phase 2 concluded.
Organisations that were mandated to participate were obliged to monitor and record emissions, and purchase allowances for each tonne of CO2 emitted from energy use.
The rules were complex and the reporting burden significant. Many organisations therefore failed to meet the requirements, with the potential for fines and civil penalties.
“It is great knowing that Envantage cover all aspects of the CRC scheme for me, always on time, always professional and always accurate! And always willing to help, thank you. “
G Love, Group Estates Director, Aspen Healthcare
Obligations now that the CRC scheme is closed
All CRC participants still have obligations to the CRC after the 2019 closure date:
- CRC registry details must be updated until 31st March 2022;
- Evidence packs must be maintained until 31st March 2025.
If you’re unsure about your continued commitments under CRC, talk to one of our consultants today. We will help you comply with the CRC whilst its effects are still in force.
Are you affected by SECR?
From 2019, Streamlined Energy and Carbon Reporting (SECR) is in force and affects a much larger number of organisations than CRC. If you might be affected by SECR , learn more here.
Call Envantage today on 0800 054 2577 or email email@example.com.