Carbon & Energy case study

SECR for AGCO Ltd

Background

Streamlined Energy and Carbon Reporting (SECR) was introduced on 1st April 2019 by the UK government which made it mandatory for large businesses, including charitable companies, to annually report on their energy and carbon emissions. Large businesses are defined as those that meet at least two of the following thresholds:
• Turnover of £36 million or more
• Balance sheet of £18 million or more
• 250 employees or more

Companies are also required to report on the efficiency measures they have implemented throughout the year, as well as targets they aim to achieve and actions planned to meet these targets in the following year(s).

AGCO Ltd represent premium brands in the UK and Ireland, namely Fendt, Massey Ferguson, PTx and Valtra. The services provided are predominantly administrative, sales, service, finance, and legal. SRL has been completing its SECR reporting since 2021, as the company exceeds all the criteria above.

Challenge

The initial challenge was to identify the relevant Scope 1 – 3 emission sources from their energy and resource consumption. These included:
• Red diesel
• Refrigerants
• Electricity
• Water supply
• Water treatment
• Business travel (land)
• Well-to-tank emissions
• Transmission and distribution emissions
• Homeworking
• Hotel stays

This data was then input into our own SECR calculators to determine energy and resource use, along with the associated Scope 1 – 3 emissions.

Solution

A final SECR-compliant report was produced which enabled AGCO Ltd to submit their energy and carbon data as part of their annual accounts for SECR compliance.