Analysis & Commentary · Software evaluation

UK SRS software: a buyer-side evaluation guide

UK SRS S1 and S2 were published on 25 February 2026, and mandatory reporting for around 500 primary-listed companies is proposed from 1 January 2027.

A wave of vendors now market “UK SRS ready” platforms.

This page sets out what UK SRS actually requires a system to produce, so a procurement evaluation tests substance rather than a badge on a website.

Updated 17 July 2026 · Independent analysis · SRS Report
25 Feb 2026
UK SRS S1 & S2 published
DBT [1]
1 Jan 2027
Proposed mandatory S2 start
FCA CP26/5 [2]
~500
Primary-listed companies in initial scope
FCA CP26/5 [2]
Autumn 2026
FCA Policy Statement expected
FCA CP26/5 [2]
Where the market is

There is no mature “UK SRS software” category yet

UK SRS S1 and S2 were only published in final form on 25 February 2026, and they are available for voluntary use — mandatory reporting is a proposal, not yet confirmed rule, pending the FCA’s Policy Statement expected in autumn 2026[1][2].

That timing matters for procurement.

Most platforms marketing “UK SRS readiness” today are extending existing TCFD, CSRD or general ESG reporting tools rather than shipping a purpose-built UK SRS module.

That is not necessarily a problem — UK SRS S2 is the UK’s endorsement of IFRS S2, and a platform built for IFRS S2 or CSRD’s climate standard (ESRS E1) will structurally overlap with UK SRS S2’s four content areas.

But “overlap” is not the same as “compliant output,” and the difference is exactly what an evaluation should test.

Our read: for accounting periods from 1 January 2027, listed companies still have several quarters of runway. Don’t buy against marketing claims of compliance today — buy against a vendor’s published roadmap for the FCA’s final rules once the autumn 2026 Policy Statement lands, and get that commitment in writing.
What to test

What UK SRS S1 and S2 actually require a system to produce

UK SRS S2 sets out four core content areas that a compliant disclosure must cover[1]. A software evaluation should map directly onto them rather than accept a generic ESG-dashboard demo.

UK SRS S2 core content areas — and what to ask a vendor
Content areaWhat it coversWhat to ask the vendor
GovernanceBoard and management oversight of climate riskCan it capture and evidence named governance roles and cadence?
StrategyClimate risks/opportunities, scenario analysis, transition plansDoes it support scenario modelling, or just narrative text fields?
Risk managementProcesses to identify, assess and manage climate riskCan it link identified risks to financial statement line items?
Metrics and targetsGHG emissions (Scopes 1, 2, 3), targets, progressDoes Scope 3 support category-level data, not just a single total?

Scope 3 is the area most software falls short on. UK SRS follows the GHG Protocol’s 15-category structure, and the one-year transitional relief to Scope 3 comply-or-explain from 1 January 2028 gives companies time — but a platform that can’t break Scope 3 into categories now will need a re-implementation later, not an upgrade.

Buy once, reuse widely

Where existing reporting tools already do the work

Few UK companies are starting from zero. Most already hold Scope 1 and 2 data for SECR, energy audit data from ESOS, and climate governance narrative from legacy TCFD reporting.

The efficient procurement question is not “does this tool do UK SRS” but “does this tool let us reuse SECR, ESOS and CDP data without re-entering it.” A platform that requires parallel data entry for each framework adds compliance cost rather than removing it — see our carbon reporting software analysis for the wider buyer-side view.

Common questions

UK SRS software: frequently asked questions

Is there dedicated UK SRS software?

Not yet in the sense of a mature, purpose-built category. Because UK SRS S1 and S2 were only published on 25 February 2026 and mandatory reporting does not begin until accounting periods from 1 January 2027, most vendors are extending existing TCFD, CSRD or general ESG reporting platforms to cover UK SRS rather than building from scratch. Evaluate any tool on whether it maps cleanly to the UK SRS S1/S2 structure, not on marketing claims of "UK SRS ready".

Do we need software to comply with UK SRS, or can we use spreadsheets?

Spreadsheets can work for a first voluntary disclosure, particularly for companies already producing SECR and TCFD-style narrative reporting. The case for software strengthens once Scope 3 comply-or-explain reporting starts (1 January 2028) and when board sign-off, audit trail and multi-year comparability become priorities — spreadsheets get materially harder to control at that point.

What should a UK SRS software evaluation actually test?

Ask the vendor to walk through how their system produces each of the four UK SRS S2 core content areas — governance, strategy, risk management, and metrics and targets — and how it handles Scope 3 category-level data and climate scenario analysis. Generic "ESG dashboard" demos that skip straight to a scorecard are not evidence the tool can produce a compliant disclosure.

Does CDP or SECR software automatically cover UK SRS?

Not automatically, but there is real overlap. CDP’s questionnaire is aligned with IFRS S2, which UK SRS S2 endorses for UK use, so data structured for CDP maps reasonably well to UK SRS S2. SECR software covers only Scope 1 and 2 energy and carbon data — a fraction of what UK SRS S1 and S2 require, which also cover governance, strategy, risk and forward-looking metrics.

Related analysis
UK SRS implementation guideA practical roadmap for compliance, independent of any specific vendor.Carbon reporting softwareA buyer-side analysis of carbon and emissions reporting platforms.UK SRS Scope 3 reportingThe 15 GHG Protocol categories and the data quality bar.
Sources & primary references
  1. UK Sustainability Reporting Standards: UK SRS S1 and UK SRS S2 GOV.UK / Department for Business and Trade · Published 25 February 2026; standards available for voluntary use
  2. CP26/5: Aligning listed issuers’ sustainability disclosures with UK SRS Financial Conduct Authority · Consultation closed 20 March 2026; Policy Statement expected autumn 2026
  3. UK Sustainability Reporting Standards guidance GOV.UK / Department for Business and Trade · Programme background, TAC endorsement process, DBT letter to FCA January 2026