UK SRS Compliance Requirements
Complete UK SRS compliance guide for the UK Sustainability Reporting Standards.
Navigate S1 & S2 requirements with confidence, alongside the reference coverage of the UK SRS regime on our sister site.
UK SRS is currently voluntary for every entity — the governmentpublished the finalised Standards for voluntary use in February 2026. The FCA has proposed — but not yet finalised — mandatory reporting for certain listed companies for accounting periods beginning on or after 1 January 2027, with a policy statement expected in autumn 2026 (no date has been confirmed).
Full UK SRS Compliance
S1 & S2 standards coverage
Proposed From 2027
FCA proposal, not yet finalised
Listed Companies
UKLR commercial companies, non-equity & transition categories
UK SRS Compliance Framework
UK SRS S1: General Requirements
UK SRS compliance for S1 establishes the foundation perUK Endorsement Board standards.
- Governance structures and oversight for UK SRS compliance
- Strategy integration with business model
- Risk management processes per FCA PS23/16
- Metrics and targets aligned with ISSB standards
UK SRS S2: Climate Disclosures
UK SRS compliance for S2 requires comprehensive climate reporting aligned withTCFD.
The FCA's CP26/5 consultation, published 30 January 2026, proposes mandatory UK SRS S2 climate reporting for in-scope listed companies for accounting periods beginning on or after 1 January 2027.
- Physical and transition risk assessment
- Scenario analysis (1.5°C, 2°C pathways)
- Scope 1, 2, 3 emissions per GHG Protocol
- Transition planning per UK TPT framework
UK SRS Readiness Timeline
UK SRS reporting is voluntary today for every entity. The phases below are a readiness plan, not a statutory deadline — the FCA's proposals for mandatory reporting are not yet finalised.
Phase 1: Assessment (Now)
UK SRS is voluntary today — no entity is currently required to report against it — but a readiness assessment now avoids a rush if the FCA finalises its proposals.
Gap analysis against S1 & S2 requirements perDBT guidance.
- Current state UK SRS readiness review
- Data availability assessment
- Governance structure evaluation
Phase 2: Build Readiness (Ahead Of The FCA's Policy Statement)
The FCA expects to publish its policy statement responding to CP26/5 in autumn 2026 — no date has been confirmed.
Systems, processes, and controls for the SRS report perICAEW guidance.
- Data collection systems for UK SRS compliance
- Internal controls framework
- Board and management training
Phase 3: Reporting (If Mandated, Proposed From 2027)
The FCA has proposed — but not yet finalised — mandatory UK SRS S2 climate reporting for accounting periods beginning on or after 1 January 2027, for companies in the commercial companies, non-equity shares and transition listing categories.
Reporting today remains entirely voluntary; no entity is required to submit a UK SRS report under current law.
External assurance may follow ISSA (UK) 5000, the FRC's UK sustainability assurance standard (published 12 November 2025) for periods beginning on or after 15 December 2026 — voluntary, with early application permitted.
- Prepare inaugural SRS report
- External assurance engagement
- Regulatory submission
UK SRS Compliance by Sector
Financial Services
UK SRS compliance includes financed emissions (Scope 3, Category 15) perPRA requirements.
View Financial SRS Report Guide →Energy & Utilities
Enhanced UK SRS compliance for transition planning perOfgem guidance.
View Energy SRS Report Guide →Manufacturing
Supply chain UK SRS compliance critical.
Full Scope 3 perCDP standards.
View Manufacturing SRS Report →Want to Talk It Through?
SRS Report is an independent reference site, not a consultancy — but if it would help to talk through S1 & S2 requirements for your organisation, we offer a free, no-obligation call.