UK SRS compliance calculator · one company, one period
UK SRS compliance calculator
This UK SRS compliance calculator takes your listing category, year-end and position on each standard, and returns the statements your annual financial report must carry.
It is built on the FCA’s final rules, published on 30 September 2026, and every answer names its provision.
It does not score readiness: the rules ask you to disclose or explain, not to reach a grade.
The calculator
Your statements, period by period
Module 01 / 04
Method
Module 02 / 04
Reporting period
Module 03 / 04
Assurance
Module 04 / 04
Reliefs
Compliance calculator · one company, one period
- ExplainUK SRS S2 in part — explain the restA summary of the S2 requirements not met, the reasons, and any steps taken or planned to make them in future. The S2 limb asks for steps; it sets no timeframe.UKLR 6.6.6R(7A)(b)(i)–(iii)
- ReliefScope 3 — first periodYou may use the one-year Scope 3 relief. State that you are using it; no further explanation is required during the relief period.PS26/19 ¶¶3.14, 3.20; UK SRS S2 ¶C4
- ReliefUK SRS S1 non-climate matters — relief availablePeriod 1 of the two-year climate-first relief. State that you are using it. A company using it may not assert compliance with UK SRS S1, but may still assert compliance with UK SRS S2 with the reliefs disclosed alongside.PS26/19 ¶¶3.14, 3.20; UK SRS S1 ¶¶E3, 73A
- Final ruleSay where the disclosures areCross-reference to another report the company publishes is allowed as UK SRS S1 B45–B47 permits.UKLR 6.6.6R(8)(c)
- Final ruleAssurance: say it was not obtainedThe rule asks whether assurance was obtained. It does not require assurance or reasons for not obtaining it.UKLR 6.6.6R(8)(d)
- Final ruleTransition plan: say why notState that none is published and why. There is no duty to have a plan.UKLR 6.6.6R(8)(e); UK SRS S2 ¶14(a)(iv)
- Compliance statementDo not describe the disclosures as complying with UK SRSDisclosures that do not meet every requirement may not be described as complying with UK SRS.UK SRS S1 ¶¶72, 73A
Checklist of statements for the annual financial report
A calculator of which statements the made rules ask for, not a readiness score and not advice.
The FCA’s guidance on explanations (TN 803.1) is in draft until after 28 October 2026.
Nothing you enter leaves your browser.
Read the detailed guidance and evidence
Start with your listing category; if it is outside the five in scope, the calculator says so and stops.
For a company in scope, choose the month your financial year ends and which period under the rules you are planning — the first, second or third beginning on or after 1 January 2027.
Then say how much of UK SRS S2 you can disclose, whether you have risks and opportunities beyond climate, whether you have published a transition plan, and whether you obtained assurance.
The results list each statement, tagged as a final rule, a relief, an explanation or not required, with the provision beneath it.
The text box underneath assembles them into a checklist for the annual financial report, with placeholders where your own words go.
It works from the made rule text in PS26/19 Appendix 1; before you file, check the version of UKLR 6.6 in force on 1 January 2027.
Nothing you enter is stored or sent anywhere.
Step 1 · scope
Which listing categories are in
Module 01 / 04
UKLR 6
Module 02 / 04
UKLR 14
Module 03 / 04
UKLR 15
Module 04 / 04
UKLR 16
Read the detailed guidance and evidence
| Category | Securities | Under the FCA’s UK SRS rules |
|---|---|---|
| UKLR 6 | Equity shares — commercial companies | In: comply or explain, all statements |
| UKLR 14 | Equity shares — international commercial companies, secondary listing | In: comply or explain; no transition-plan statement |
| UKLR 15 | Certificates representing securities (depositary receipts) | In: comply or explain; no transition-plan statement |
| UKLR 16 | Non-equity shares and non-voting equity shares | In: comply or explain, all statements |
| UKLR 22 | Equity shares — transition category | In: comply or explain, all statements |
| UKLR 11, 12 | Closed-ended investment funds; open-ended investment companies | Out |
| UKLR 13 | Shell companies | Out |
| UKLR 17, 18, 19 | Debt and debt-like securities; securitised derivatives; warrants, options and other securities | Out |
CP26/5 had proposed only a signposting statement for UKLR 14 and 15; the final rules bring them into comply or explain.
The Policy Statement gives no company count; CP26/5 estimated that around 600 listed companies would be affected, and that was the consultation’s estimate.
Outside the listing rules, UK SRS is available for voluntary use by any entity, and nobody else is required to use it — see private companies and UK SRS.
Step 2 · timing
Your first period and the reliefs
Module 01 / 04
Reporting period
Module 02 / 04
Reporting period · 2
Module 03 / 04
Reliefs
Module 04 / 04
Scope 3
A company using a relief states in its annual financial report that it is doing so.
No further explanation is required during the relief period — use of the reliefs does not engage the explain rules (PS26/19 ¶3.20).
Read the detailed guidance and evidence
The rules apply to accounting periods beginning on or after 1 January 2027, with first reporting in 2028 (PS26/19 ¶3.12).
The date of initial application is the start of the first period beginning on or after 1 January 2027 but before 1 January 2028, unless the company adopts early (¶3.18).
A company whose year begins part-way through 2026 may stay on the TCFD-aligned rules for that year or adopt UK SRS early, keeping the same reliefs (¶3.19).
The Scope 3 relief lasts one year from initial application; the UK SRS S1 climate-first relief lasts two (¶3.14).
From the second period Scope 3 is on the ordinary comply-or-explain basis (¶3.23); from the third, everything is (¶3.24).
The annual financial report is public within four months of the year-end (DTR 4.1.3R).
The dated sequence is on the UK SRS timeline and each category’s date on UK SRS deadline.
Step 3 · the statements
What each answer in the calculator means
Module 01 / 04
Comply — UK SRS S2
Module 02 / 04
Explain — UK SRS S2
Module 03 / 04
Explain — UK SRS S1
Module 04 / 04
Relief
Read the detailed guidance and evidence
| Calculator result | What you write | Provision |
|---|---|---|
| Comply — UK SRS S2 | Climate disclosures prepared in accordance with UK SRS S2 | UKLR 6.6.6R(7A)(a) |
| Explain — UK SRS S2 | A summary of requirements not met, the reasons, and any steps taken or planned | UKLR 6.6.6R(7A)(b)(i)–(iii) |
| Explain — UK SRS S1 | The risks or opportunities not disclosed, and the reasons | UKLR 6.6.6R(7B)(b) |
| Relief | That you are using the Scope 3 or climate-first relief | PS26/19 ¶¶3.14, 3.20 |
| Location | Where the disclosures can be found; cross-reference allowed under S1 B45–B47 | UKLR 6.6.6R(8)(c) |
| Assurance | Whether obtained; if so, provider, scope and level, standards and report location | UKLR 6.6.6R(8)(d) |
| Transition plan | Whether one is published and where, or why not | UKLR 6.6.6R(8)(e) — UKLR 6, 16 and 22 |
| Compliance statement | Only if every requirement is met; climate-first users may not assert S1 compliance | UK SRS S1 ¶¶72, 73A |
The two explain limbs work differently: the S2 limb is requirement by requirement, the S1 limb risk by risk.
The S2 limb asks for steps but sets no timeframe for them.
What makes an explanation proportionate is the subject of draft guidance in Primary Market Bulletin 66, out for comment until 28 October 2026.
The requirements themselves are on UK SRS S1 and UK SRS S2; turning gaps into the S2 explanation is covered on UK SRS gap analysis.
Step 4 · assurance
Assurance: disclose, don’t necessarily obtain
Module 01 / 04
Assurance
Module 02 / 04
Assurance · 2
Module 03 / 04
Reporting period
Read the detailed guidance and evidence
The calculator always returns an assurance statement, because the rule asks every in-scope company to say whether it obtained assurance.
It never tells you to obtain it: no UK law or rule requires sustainability assurance, and the FCA does not ask for reasons when none was obtained.
If you do commission it, ISSA (UK) 5000 is effective for periods beginning on or after 15 December 2026, so it covers every period the calculator deals with.
The statement and the levels are on UK SRS assurance.
Step 5 · if you are not listed
Private companies: what to watch instead
Module 01 / 04
Method
Module 02 / 04
Oversight
Module 03 / 04
Oversight · 2
Module 04 / 04
Comparatives
Read the detailed guidance and evidence
If the calculator says no UK SRS duty applies, three other regimes may still bind you, each with its own test.
- The Companies Act climate-related financial disclosures in the strategic report, for companies within ss.414CA–414CB; UK SRS S2 is confirmed as a national framework that can meet them.
- Streamlined Energy and Carbon Reporting, in the directors’ report of large companies and LLPs.
- ESOS, for large undertakings and their groups.
The government’s modernising corporate reporting consultation, open until 30 November 2026, says it will consider how UK SRS should be reflected in the Companies Act 2006; it proposes no threshold, mechanism or date.
The government’s UK SRS response removed the standards’ effective-date clauses, so a voluntary reporter can use them immediately, with the reliefs untimed.
How UK SRS compares with the EU’s regime, for groups with EU subsidiaries, is on UK SRS vs CSRD; the full programme is on the UK SRS compliance guide.
To talk your result through, book a free 15-minute call.
Frequently asked
Questions people ask
Who does UK SRS apply to?
As an obligation, to companies on the Official List in five UK Listing Rules categories — UKLR 6, 14, 15, 16 and 22 — for accounting periods beginning on or after 1 January 2027, on a comply-or-explain basis.
As a set of standards, to anyone who chooses to use them: UK SRS is available for voluntary use by any entity.
Is there a size threshold for UK SRS?
No. The FCA’s rules turn on listing category, not turnover, balance sheet or employees.
No private-company or size-based threshold has been proposed by the government or the FCA.
What does UK SRS compliance mean?
Two different things.
Under the FCA’s rules, a listed company complies if it either makes the UK SRS disclosures or explains what is missing, why, and what it plans to do.
Under UK SRS S1 ¶72, a company may only describe its disclosures as complying with UK SRS if every requirement is met.
Which listed companies are outside the rules?
Closed-ended investment funds (UKLR 11), open-ended investment companies (UKLR 12), shell companies (UKLR 13), and issuers of debt and debt-like securities, securitised derivatives and miscellaneous securities (UKLR 17, 18 and 19).
How many companies are in scope?
The FCA’s Policy Statement gives no total.
Its consultation, CP26/5, estimated that around 600 listed companies would be affected; that was the consultation’s estimate, before the final rules also brought in secondary listings and depositary receipts.
Do AIM companies have to report under UK SRS?
Not under the FCA’s UK SRS rules, which apply to companies on the Official List.
An AIM company may still be within the Companies Act climate-related financial disclosure requirements if it meets the s.414CA tests.
Does the calculator give legal advice?
No. It works out which statements the made rules ask for in the situation you describe, and names the provision for each.
The FCA’s guidance on explanations is still in draft, and the Handbook text in force on 1 January 2027 governs.
Prepare the evidence
UK SRS compliance calculator: from a requirement to a reporting pack
Use this preparation sequence alongside the detailed requirements on this page.
An editorial workflow, not a statutory schedule.
- Stage 0101
Applicability
Record the listing category or voluntary reporting decision.
- Stage 0202
Period and boundary
Set the reporting entity and period before collecting disclosures.
- Stage 0303
Materiality
Document the financial materiality judgements behind the disclosures.
- Stage 0404
Governance and strategy
Connect oversight, strategy and risk management to the reporting evidence.
- Stage 0505
Metrics and reliefs
Record methods, estimates, targets and any relief actually used.
- Stage 0606
Connected publication
Reconcile the disclosure pack with the annual report and approval record.
Read the applicable instrument: PS26/19 — Aligning listed issuers’ sustainability disclosures with international standards (30 September 2026)
A practical brief
An evidence pack, with a clear review trail
Ask for a pack that lets the next reviewer retrace the scope decision, follow the evidence and understand the limitations.
This describes a useful handover; it does not certify compliance or establish that a vendor or adviser delivers it.
Module 01 / 04
Applicability record
Write down the entity, reporting route and relevant period, including why the route applies.
Module 02 / 04
Evidence register
Attach each reported figure or statement to its source, method, version and limitations.
Module 03 / 04
Review trail
Name the preparer, reviewer, open questions and decisions taken before publication.
Module 04 / 04
Usable handover
Retain the working files and unresolved actions so the next reporting cycle can reuse the evidence.
View the preparation diagram
- Prepare01
Create the traceable pack
Keep the input records, calculation files and narrative together.
- Challenge02
Resolve questions before publication
Record the assumptions challenged and any limitations still unresolved.
- Retain03
Make the next cycle reproducible
Keep the approved version and the actions carried forward.
Continue your research
Related guides, one question at a time
Sources
Primary sources
Every figure, date and status on this page traces to the instrument’s owner.
Secondary commentary is never the source for a number.
- Financial Conduct AuthorityPS26/19 — Aligning listed issuers’ sustainability disclosures with international standards (30 September 2026)
Final rules: comply or explain against UK SRS, UKLR 6, 14, 15, 16 and 22, periods from 1 January 2027.
- Financial Conduct AuthorityPS26/19 PDF — ¶¶1.2, 1.7, 1.10, 2.44–2.51, 3.6–3.24 and Appendix 1 (UKLR 6.6.6R(7A), (7B), (8)(c)–(e))
The made rule text and the reliefs.
- Financial Conduct AuthorityPrimary Market Bulletin 66 — draft TN 803.1
Comments by 28 October 2026; proposed guidance, not final.
- Financial Conduct AuthorityCP26/5 consultation page
The proposals the final rules replaced.
- Financial Conduct AuthorityCP26/5 (PDF), Annex 2 ¶43
Around 600 listed companies affected — the consultation’s estimate.
- Financial Conduct AuthorityFCA Handbook, UKLR 6.6 (version from 1 January 2027)
- Financial Conduct AuthorityFCA Handbook — UK Listing Rules
- Financial Conduct AuthorityFCA Handbook, DTR 4.1.3R
- Department for Business and TradeUK Sustainability Reporting Standards: UK SRS S1 and UK SRS S2 (25 February 2026)
The publication page for both standards; voluntary for any entity.
- Department for Business and TradeUK Sustainability Reporting Standards — GOV.UK guidance
“Available for voluntary use, by any entity that chooses to do so.”
- Department for Business and TradeUK SRS S1 — ¶¶72–73A, E1–E5
- Department for Business and TradeUK SRS S2 — ¶¶14(a)(iv), C1–C6
- Department for Business and TradeGovernment response to the consultation on UK SRS — Chapter 3 (s.414CB(6); s.463)
UK SRS S2 confirmed as a national reporting framework; the s.463 safe harbour follows the strategic report.
- Department for Business and TradeModernising corporate reporting — consultation, 7 September to 30 November 2026
¶¶147–161 and ¶178: CFD review, s.414CB(6), s.463 and no assurance plans “at this stage”.
- legislation.gov.ukCompanies Act 2006
Ss.414CA–414CB (climate-related financial disclosures) and s.463.
- legislation.gov.ukCompanies Act 2006, s.414CB — (A1) the duty, (2A) the eight disclosures, (6) national frameworks
- Financial Reporting CouncilISSA (UK) 5000 — ¶¶9, 10, 11, 15, 18, 20, 34, 87, 190, 198
Issued 12 November 2025; effective for periods beginning on or after 15 December 2026; binds by representation.