SECR vs TCFD
SECR focuses on operational emissions reporting. TCFD addresses climate-related financial risks and opportunities across governance, strategy, risk management, and metrics.
Quick Comparison
ScopePremium-listed companies (mandatory), others voluntarily
FrequencyAnnual in annual report
ReportingGovernance, strategy, risk, metrics disclosures
PenaltiesFRC enforcement for premium-listed companies
Key Differences
Focus
SECR:Historical emissions and energy consumption
TCFD:Forward-looking climate risks and opportunities
Governance
SECR:Limited governance disclosure
TCFD:Board and management climate oversight required
Scope 3
SECR:Voluntary only
TCFD:Required if material
Scenario Analysis
SECR:Not required
TCFD:Climate scenario analysis required
Do You Need Both?
If you're a premium-listed company, yes—both are mandatory. For others, TCFD is voluntary but increasingly expected by investors. SECR provides the emissions baseline for TCFD metrics.
Managing Both Requirements
- SECR emissions data feeds into TCFD metrics
- TCFD governance disclosures can reference SECR processes
- Use consistent boundary definitions across both
- Consider integrated reporting for efficiency
Simplify Your Compliance
ComplyCarbon helps streamline SECR reporting so you can focus on your broader climate strategy.
Get Your SECR Report →