Complete UK SRS compliance guide for the UK Sustainability Reporting Standards. Navigate S1 & S2 requirements with confidence. UK SRS were published 25 February 2026 for voluntary adoption.FCA proposes mandatory rules from 2027, subject to final policy statement.
S1 & S2 standards coverage
Published 2026, proposed mandatory 2027
UKLR 6, 16 & 22 listed companies
UK SRS compliance for S1 establishes the foundation perDBT published UK SRS standards.
UK SRS compliance for S2 requires comprehensive climate reporting aligned withTCFD.
UK SRS published 25 February 2026 withFCA proposing mandatory adoption from 2027.
Begin UK SRS compliance assessment immediately following the February 2026 standards publication. Gap analysis against S1 & S2 requirements perDBT guidance.
Build UK SRS compliance infrastructure following standards publication. Systems, processes, and controls for the SRS report perICAEW guidance.
First UK SRS compliance reports due. Annual SRS report submission to regulators and stakeholders.
Companies waiting for the FCA Policy Statement to begin preparation are already late. Practitioner consensus puts end-to-end implementation at twelve to eighteen months — driven by Scope 3 data, which can't be compressed.
Last verified 12 May 2026 · Click any workstream for detail
From kickoff to first UK SRS S2 report. Driven by Scope 3 supplier engagement and quantitative scenario modelling — neither compressible.
Of Scope 3 data work — from supplier engagement onset through validation. Of the 15 GHG Protocol categories, Category 1 and Category 11 typically account for >70% of total Scope 3 emissions.
Foundation phase before data work meaningfully begins. Materiality assessment and gap analysis are pre-requisites — running data collection without these creates wasted effort.
The FCA's CP26/5 consultationrepresents the most significant development in UK sustainability reporting regulation since the introduction of TCFD disclosures. Published followingDBT's publication of UK SRS on 25 February 2026, the consultation proposes a phased approach to mandatory sustainability reporting for UK capital markets.
The proposed UK SRS framework maintains strong alignment with ISSB standards IFRS S1 and S2, while incorporating UK-specific requirements such as enhanced Scope 3 reporting and transition planning aligned with theUK Transition Plan Taskforce framework. This approach ensures global comparability while addressing domestic policy priorities around net zero commitments.
FRC technical guidanceand DBT implementation resourcessupport companies preparing for compliance.
Proposed mandatory limited assurancefor climate disclosures, with reasonable assurance for Scope 1 & 2 emissions following IAASB standards.
FCA supervisory powerswill apply, with potential sanctions for non-compliance including public censure and financial penalties.
Successful UK SRS implementation requires robust data infrastructure and governance frameworks.IFRS S1 requires companies to provide material sustainability informationthat meets users' decision-making needs, whileIFRS S2 mandates comprehensive climate-related disclosures.
TCFD-aligned scenario analysiswith minimum 1.5°C and 2°C pathways perIPCC scenarios.
Comprehensive transition plans followingUK TPT frameworkwith sector-specific decarbonization pathways.
Preparation for mandatoryISAE 3410 assuranceon greenhouse gas statements.
UK SRS compliance includes financed emissions (Scope 3, Category 15) perPRA requirements.
View Financial SRS Report Guide →Enhanced UK SRS compliance for transition planning perOfgem guidance.
View Energy SRS Report Guide →Supply chain UK SRS compliance critical. Full Scope 3 perCDP standards.
View Manufacturing SRS Report →Expert UK SRS compliance support for your SRS report. Navigate S1 & S2 requirements with confidence.
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