The Carbon Reduction Commitment (CRC) Energy Efficiency Scheme, 2010

United Kingdom Current 2010

The CRC Energy Efficiency Scheme (formerly the Carbon Reduction Commitment) is a mandatory carbon emissions reduction scheme in the UK. The commitment requires companies to measure and report on all their emissions related to energy use to the Environment Agency. Organizations that use more than 6,000MWh per annum (equating approximately to an annual electricity bill of £1,000,000) fall under the scheme. CRC organizations have to monitor and report their emissions from all fixed point sources (not just electricity) annually. Its impact on middle market companies in the UK has been significant. A large number of companies included in the CRC have not previously reported non-financial information. It is currently in phase 2 that runs from April 2014 to March 2019.

Scope

Environmental

Industry sectors covered by the instrument

Specific sector/s

Organizations covered by the instrument

Large companies (listed & unlisted) - companies with GHG potential

Issuer type

Business/Trade/Industry

Type of instrument

Requirement

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

Project Partners