More than 11,000 businesses are being advised to prepare for new energy and emission rules due to come into effect this April.

The Department for Business, Energy & Industrial Strategy (BEIS) has published new guidence, designed to help UK companies to comply with the Streamlined Energy and Carbon Reporting (SECR) regulations.

It aims to help all organisations with voluntary reporting on a range of environmental matters, including greenhouse gas reporting and the use of key performance indicators (KPIs).

The new rules, which will take effect from 1st April 2019, require all large companies to report on their global energy use in addition to greenhouse gas emission in their annual Directors’ Report.

The measures are expected to help improve corporate transparency for investor and drive energy efficiency to deliver energy cost and carbon savings.

Energy and Clean Growth Minister Claire Parry said: “If you don’t measure it, you can’t manage it. New simplified rules will ensure more than 11,000 large businesses report on carbon emissions and cut down the amount of energy they use.

“The UK is already a world leader in cutting emissions, doing so faster than any other country in the G20. By accounting for carbon emissions, investors and shareholders will be able to see the opportunity and potential savings from cutting down on energy waste and increasing the efficiency of their businesses.”