Get Started with UK SRS Reporting
Your comprehensive guide to implementing the new UK Sustainability Reporting Standards (UK SRS) - aligned with ISSB global standards
UK SRS Standards Now Published
The UK Sustainability Reporting Standards (UK SRS S1 and S2) have been officially published. These ISSB-aligned standards represent the biggest shift in UK sustainability reporting since SECR was introduced.
Are You Affected by UK SRS?
✅ Likely Required (First Wave)
- Premium & Standard Listed Companies
- Financial Institutions (Banks, Insurers, Asset Managers)
- Companies with FCA-regulated securities
- AIM companies (likely in later phases)
🔄 Should Prepare Now
- Large UK companies meeting Companies Act thresholds
- PE-backed growth companies
- Public Interest Entities (PIEs)
- Export-oriented companies & supply chain leaders
Implementation Timeline
UK SRS Published
Standards S1 & S2 released
FCA Consultation Expected
Listing Rules & DTR updates
First Mandatory Reporting
Listed companies begin reporting
Your UK SRS Journey: 5 Steps
Assess Applicability
Determine if your organization falls under UK SRS requirements based on:
- • Listing status (FCA regulated)
- • Company size thresholds
- • Sector requirements
- • Voluntary adoption benefits
Gap Analysis
Compare current reporting against UK SRS requirements:
- • Review SECR compliance
- • Map TCFD to UK SRS S2
- • Identify data gaps
- • Assess materiality processes
Data Infrastructure
Build robust data collection systems:
- • Scope 1, 2, 3 emissions
- • Climate scenario analysis
- • Transition planning metrics
- • Financed emissions (if applicable)
Governance Setup
Establish oversight and controls:
- • Board sustainability oversight
- • Management responsibilities
- • Internal controls framework
- • Assurance readiness
Prepare Disclosures
Create UK SRS-compliant reports:
- • General requirements (S1)
- • Climate disclosures (S2)
- • Connected information
- • Statement of compliance
Get Expert Support
Accelerate your UK SRS implementation with professional guidance
Schedule ConsultationUK SRS vs SECR: Key Differences
| Aspect | SECR (Current) | UK SRS (New) |
|---|---|---|
| Scope | Energy & carbon only | Comprehensive sustainability |
| Framework | UK Companies Act requirement | ISSB-aligned global standard |
| Climate Risk | Not required | Mandatory scenario analysis |
| Scope 3 | Not required | Required (including financed emissions) |
| Transition Plans | Not required | Required if material |
| Assurance | Not required | Expected to follow |
Essential UK SRS Resources
UK SRS Standards
Download the official UK SRS S1 (General Requirements) and S2 (Climate) standards
Access Standards →Readiness Assessment
Free tool to assess your organization's UK SRS readiness level
Start Assessment →Ready to Navigate UK SRS Requirements?
Get expert guidance on implementing the new UK Sustainability Reporting Standards
Frequently Asked Questions
When will UK SRS become mandatory?
FCA consultation is expected in 2025, with mandatory reporting likely beginning for accounting periods starting on or after 1 January 2026 for listed companies. Large private companies may follow 1-2 years later through Companies Act amendments.
Will UK SRS replace SECR?
Initially, both will coexist. SECR remains statutory under the Companies Act while UK SRS will be implemented through FCA rules. Eventually, we expect either SECR to be amended to align with UK SRS or replaced entirely to avoid duplication.
Do SMEs need to comply with UK SRS?
SMEs are not expected to be directly mandated initially. However, supply chain pressure from larger companies reporting under UK SRS will likely require SMEs to provide sustainability data. Voluntary adoption may also benefit SMEs seeking investment or contracts.