SECR for Large Companies: Over £1 Billion Turnover

SECR Required?YES

Explanation

With over £1 billion turnover, you significantly exceed the £36m threshold. You almost certainly qualify for SECR (need 250+ employees OR £18m+ balance sheet as second criterion).

Action Required

SECR filing is mandatory. Ensure complete and accurate disclosures.

Future Planning

Maintain robust carbon accounting systems. Consider enhanced disclosures.

Related Considerations

Enhanced scrutiny expected
Likely ESOS obligations too
Consider TCFD-aligned disclosures
Supply chain carbon reporting

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