Taxonomies provide consistency in terms and categories to enable findability in content. This is true regardless of the subject. When it comes to energy, a new digital tool will make it easier and more convenient for businesses to comply with energy and carbon reporting rules. This interesting news came to us from Mirage News in their article, “New digital tool enables easier energy and carbon reporting.”
The Streamlined Energy and Carbon Reporting (SECR) taxonomy allows businesses to report their energy and carbon data when they file digital accounts with Companies House.
This tool enables companies to file their SECR reports digitally within their annual financial report. This is an important step in improving transparency of companies’ energy reporting. The SECR taxonomy has been carefully designed so it can be used with other accounting taxonomies, making it simple and easy to use.
Understanding the role businesses have in reducing energy and carbon emissions is essential. Through effective collaboration efforts like this, it makes it easier for businesses to play their part.
Melody K. Smith
Sponsored by Data Harmony, a unit of Access Innovations, the world leader in indexing and making content findable.