Business: Carbon Emissions
The question
To ask the Secretary of State for Energy Security and Net Zero, whether he has made an assessment of the potential impact of carbon reporting requirements on businesses.
Answered by Sarah Jones
Building on a summary of responses to a Call for Evidence published in November 2024 , DESNZ has commissioned an evaluation of the SECR regulations, which we expect to publish in early 2026. DESNZ is also undertaking an internal review to assess opportunities to streamline carbon reporting requirements to reduce the administrative burden placed on businesses, supporting the Department for Business and Trade’s Non-Financial Reporting (NFR) review and cross-Government Regulation Action Plan.
The Government has committed to delivering the foundations of a world-leading sustainable finance framework to drive investment in the green transition and deliver economic growth. The Department for Energy Security and Net Zero has worked closely with the Department for Business and Trade and HM Treasury on how best to take forward transition plan and emissions reporting requirements, with recently published consultations on these topics now live.
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