The CRC Energy Efficiency Scheme is a mandatory carbon emissions trading scheme for all organisations in the United Kingdom using more than 6000MWh of electricity per year, equivalent to an energy bill of more GBP500 000 per annum. The policy has been developed with the Department of Energy and Climate Change (DECC) and is aligned to the Energy Act 2008 and the Climate Change Act 2008.
The CRC involves a league table that ranks companies according to performance. The UK Government will publish an annual performance league table; the better an organisation performs, the higher it will appear in the league table. Comparative performance of all participants will be shown. Revenue generated from selling allowances will be recycled back to the best performing participants as a bonus; amounts will be determined by positions in the league table, acting as an incentive. Part of the ranking process involved attaining The Carbon Trust Standard which is awarded to organisations that measure, manage and reduce their carbon footprints.
The Carbon Report is based on the same emissions factor criteria required by The Carbon Trust Standard. The output from the report can be used to demonstrate measurement, management and reduction over time and should be used as input into your CRC reporting.