UK SRS timeline · the record to 30 September 2026
UK SRS timeline
UK SRS publication, the FCA rule-making process and first reporting are different events with different legal effects.
The record
Every step, and what kind of step it was
UK SRS publication, the FCA rule-making process and first reporting are different events with different legal effects.
- 25 Feb 202601
DBT published UK SRS S1 and S2 for voluntary use.
- 30 Sep 202602
The FCA published final PS26/19 rules.
- 1 Jan 202703
The rules apply to accounting periods beginning on or after this date.
- 202804
The first reports under those periods are published.
Read the detailed guidance and evidence
The UK SRS timeline runs from the Technical Advisory Committee’s advice in December 2024 to the first reports in 2028, and on 30 September 2026 its pivot arrived: the FCA’s final rules, PS26/19.
Every date below is marked by what it is: an event that happened, an instrument that was made, a rule that is final but not yet in force, a proposal, or something that is simply voluntary.
The standards themselves still carry no effective date; the dates come from the listing-rule instrument that points at them.
| Date | Step | Instrument or document | Status |
|---|---|---|---|
| 5 and 18 Dec 2024 | The TAC agrees, then publishes, its advice to endorse IFRS S1 and S2 with amendments | FRC, TAC recommendations | Done |
| 25 Jun – 17 Sep 2025 | DBT consults on exposure drafts of UK SRS S1 and S2 | DBT consultation | Done |
| 21 Oct 2025 | The Modernisation of Corporate Reporting programme announced | WMS HCWS973 | Done |
| 12 Nov 2025 | ISSA (UK) 5000 issued by the FRC, for voluntary use by assurers | ISSA (UK) 5000 | Voluntary |
| Dec 2025 | The ISSB makes targeted amendments to IFRS S2 | IFRS Foundation | Done |
| 5 Jan 2026 | DBT tells the FCA the reliefs will lose their time limits | DBT letter | Done |
| 30 Jan – 20 Mar 2026 | The FCA consults on listing rules: CP26/5 | CP26/5 | Done |
| 25 Feb 2026 | UK SRS S1 and S2 published, with the government response | DBT publication | Voluntary |
| 7 Sep – 30 Nov 2026 | Modernising corporate reporting consultation | consultation page | Open |
| 24 Sep 2026 | The FCA Board makes the listing-rule instrument | PS26/19 Appendix 1 | Made |
| 30 Sep 2026 | PS26/19 published; draft TN 803.1 issued for comment | PS26/19 | Final |
| 28 Oct 2026 | Comments close on draft TN 803.1 | PMB 66 | Proposed |
| 15 Dec 2026 | ISSA (UK) 5000 effective, for periods beginning on or after; assurance itself stays optional | ISSA (UK) 5000 ¶15 | Voluntary |
| 1 Jan 2027 | The instrument comes into force; first accounting periods begin | PS26/19 ¶3.12 | Final |
| Spring 2027 | Review of the Companies Act climate disclosure rules due to finish | MCR ¶148 | Promised |
| 2028 | First reports; periods beginning from 1 Jan 2028 lose the Scope 3 relief | PS26/19 ¶3.23 | Final |
| 1 Jan 2029 | Periods beginning from this date lose the UK SRS S1 relief | PS26/19 ¶3.24 | Final |
Three consultations shared the window of 25 June to 17 September 2025: the UK SRS exposure drafts, the assurance oversight regime and the transition-plan requirements, which is why dates alone cannot tell them apart.
The exposure drafts drew 209 responses, according to the government response, and 68% of those who answered the question (125 of 184) agreed with the four amendments the TAC had recommended.
The FCA keeps its own chronology of the listing-rule reporting regime on its reporting requirements page.
The pivot
The dates no longer hang on a Policy Statement: PS26/19 is it
PS26/19 adopted comply or explain across UK SRS rather than the consultation’s proposed mandatory climate-disclosure approach.
Module 01 / 03
Reporting basis
UK SRS disclosures are on comply or explain.
Module 02 / 03
Scope
The five specified UKLR categories share that reporting basis.
Module 03 / 03
Early adopters
The final rules retain the transitional reliefs.
Read the detailed guidance and evidence
Until 30 September 2026 every UK SRS date after 2026 depended on one unpublished document.
The FCA had said, on its CP26/5 page, that it would “aim to publish a Policy Statement in autumn 2026, subject to the final UK SRS”, and the page still reads that way.
That document is now PS26/19, and its first paragraph of substance settles the basis: “Our final rules adopt a comply or explain approach across the UK SRS.”
The instrument inside it is the UK Listing Rules (Sustainability Reporting Standards Disclosure) Instrument 2026, made by the FCA Board on 24 September 2026 and in force on 1 January 2027 (Appendix 1).
The made instrument is FCA 2026/56, the UK Listing Rules (Sustainability Reporting Standards Disclosure) Instrument 2026.
The standards still contain no effective date of their own: UK SRS S1 ¶E5 and UK SRS S2 ¶C6 say only that where UK law requires an entity to apply them, that law governs.
So the timeline has two layers: the standards themselves, available to anyone since 25 February 2026, and the FCA’s listing rules, which decide who must report against them and when.
| Question | Before 30 Sep 2026 | From 30 Sep 2026 |
|---|---|---|
| Basis for UK SRS S2 | Proposed mandatory, less Scope 3 | Comply or explain |
| UKLR 14 and 15 | Proposed signposting statement | Comply or explain, like the rest |
| Start date | Proposed: periods from 1 Jan 2027 | Final: periods from 1 Jan 2027 |
| Early adopters’ reliefs | Proposed: none | Kept (¶3.19) |
| Company count | CP26/5 estimate: around 600 affected | None given |
What finalisation changed
What the final rules changed, and what they kept
The standards are published, the listing rules are final, and related guidance still follows its own consultation process.
Module 01 / 03
Standards
UK SRS S1 and S2 have been available since February 2026.
Module 02 / 03
Rules
The FCA instrument comes into force on 1 January 2027.
Module 03 / 03
Guidance
Draft TN 803.1 has a separate consultation deadline.
Read the detailed guidance and evidence
The dates survived finalisation unchanged; the obligation attached to them did not.
CP26/5 proposed mandatory UK SRS S2 climate disclosures, with Scope 3 and the wider UK SRS S1 topics on comply or explain.
PS26/19 ¶1.7 brought UK SRS S2 “into line with the approach we consulted on for UK SRS S1 … and Scope 3”, so every limb is now report-or-explain.
The same paragraph put international companies with a secondary listing and depositary-receipt issuers on the same basis, in place of the proposed statement pointing to their home-country rules.
¶1.10 records that the new rules “will replace the existing TCFD aligned disclosures”; the TCFD-aligned rules keep governing periods that begin before 1 January 2027 (¶3.19).
The one number CP26/5 put on the population — around 600 listed companies affected — was the consultation’s estimate; the Policy Statement gives no total.
What the FCA kept: the start date, the one-year Scope 3 relief and the two-year UK SRS S1 relief, the assurance statement and the transition-plan statement, set out limb by limb on the FCA’s UK SRS rules.
Every proposal and its fate, provision by provision, is on the UK SRS consultations.
UK SRS S2 is comply or explain, not mandatory.
Secondary listings and depositary receipts report against UK SRS too.
Early adopters keep the transitional reliefs.
The list of UK SRS S1 paragraphs to apply with S2 is guidance (UKLR 6.6.6A G), not a rule.
First reports
When the first reports appear, and why it is not 2027
For a December year-end issuer, the first ordinary UK SRS reporting period is 2027 and its annual financial report appears in 2028.
- 2027 period01
Collect evidence throughout the accounting period.
- 31 Dec 202702
The example accounting period closes.
- By 30 Apr 202803
DTR 4.1.3R gives a four-month annual financial report publication limit.
Read the detailed guidance and evidence
The rules bite on accounting periods, not on calendar dates, so 1 January 2027 is a measurement start, not a publication date.
PS26/19 ¶3.12 says it plainly: the rules “will apply to accounting periods beginning on or after 1 January 2027 (with first reporting in 2028)”.
The disclosures go in the annual financial report, which DTR 4.1.3R requires a listed issuer to make public “at the latest four months after the end of each financial year”.
A company with a 30 June year-end starts on 1 July 2027 and publishes its first report in the second half of 2028.
The first period needs no comparative figures: UK SRS S1 ¶E1 and UK SRS S2 ¶C1 keep the relief, and PS26/19 ¶3.16 confirms the listing rules leave it in place.
Where the report goes is set by the rule, not by choice: UKLR 6.6 as amended keeps climate disclosures in the annual financial report, with cross-reference allowed under UK SRS S1 ¶¶B45–B47.
Your own first period, by listing category and year-end, is worked out on the UK SRS deadline.
A 31 December year-end, worked through
- 1 Jan 202701
First period begins
Initial application: both reliefs available.
- 31 Dec 202702
First period ends
No comparatives needed for it (UK SRS S1 ¶E1).
- By 30 Apr 202803
First report public
Within four months of the year-end (DTR 4.1.3R).
- 1 Jan 202804
Second period begins
Scope 3 relief spent; S1 relief continues.
- 1 Jan 202905
Third period begins
Both reliefs spent; comply or explain on all of UK SRS.
Scope 3
Scope 3: one year’s relief, then report or explain
The FCA’s one-year Scope 3 relief does not remove the need to prepare a value-chain inventory for later reporting.
Module 01 / 03
First period
State reliance on the available Scope 3 relief.
Module 02 / 03
Next period
Address Scope 3 on the same comply-or-explain basis.
Module 03 / 03
Preparation
Develop category coverage, estimates and supporting evidence.
Read the detailed guidance and evidence
Under PS26/19 ¶3.14 a listed company may omit Scope 3 emissions under UK SRS S2 “for a period of 1-year from initial application”.
It must state in its annual financial report that it is using the relief; no further explanation is required during the relief period, because using a relief “does not engage our ‘explain’ rules” (¶3.20).
For periods beginning from 1 January 2028 to the end of that year, ¶3.23 says the Scope 3 relief “will have expired, and companies must therefore address the comply or explain requirements”.
That is the whole of the change: Scope 3 moves onto the same report-or-explain footing as every other UK SRS S2 disclosure.
A company that already reports Scope 3 may carry on during the relief year; the Policy Statement says its rules do not prevent it.
The measurement boundary is the fifteen categories of the Corporate Value Chain (Scope 3) Standard of the GHG Protocol, which UK SRS S2 asks an entity to consider before saying which it includes.
For a voluntary reporter outside the rules, the FRC reads the untimed standard literally: reliefs can be used “without time limits, indefinitely”.
The category-by-category treatment is on Scope 3 under UK SRS, and the climate standard as a whole on UK SRS S2.
UK SRS S2 ¶C4, the standard’s Scope 3 relief, has no time limit at all.
The one-year limit comes from the FCA’s rules, and binds only the companies those rules reach.
UK SRS S1
UK SRS S1: the framework from day one, the other topics later
Climate reporting uses relevant S1 requirements from the start, while the FCA relief defers non-climate S1 matters for two years.
Module 01 / 03
2027 cohort
Apply climate disclosures and the relevant general S1 requirements.
Module 02 / 03
2028 cohort
The Scope 3 relief has expired; the S1 non-climate relief remains.
Module 03 / 03
From 2029 periods
Both reliefs have expired and UK SRS remains comply or explain.
Read the detailed guidance and evidence
UK SRS S1 arrives in two parts, and only the second part waits.
UK SRS S1 ¶E2 says an entity applies UK SRS S2 at the same time as UK SRS S1; ¶E3 then lets it report on climate alone, and in the standard that relief has no end date.
The FCA put a limit on it: two years from initial application for non-climate matters, so all of UK SRS S1 is on comply or explain for periods beginning on or after 1 January 2029 (¶3.24).
In the meantime, the guidance at UKLR 6.6.6A G “reminds” a company to apply the parts of UK SRS S1 that climate disclosure needs: the conceptual foundations, certain core-content paragraphs and the general requirements.
The explain limb for UK SRS S1 works at the level of the risk or opportunity left undisclosed, not requirement by requirement.
A company relying on the climate-first relief cannot claim compliance with UK SRS S1 at all; UK SRS S1 ¶73A requires it to disclose its use of the relief instead.
The standard is covered on UK SRS S1, and how the two standards interlock on UK SRS S1 and S2; the sister reference keeps its own UK SRS S1 guide and guide to the pair.
| Part of UK SRS S1 | From the first period? | Where it is set |
|---|---|---|
| Conceptual foundations, ¶¶10–24 | Yes, for climate | UKLR 6.6.6A G (guidance) |
| Core content ¶¶31, 49, 50, 52, 53 | Yes, for climate | UKLR 6.6.6A G |
| General requirements ¶¶60–71 | Yes, for climate | UKLR 6.6.6A G |
| Non-climate risks and opportunities | After two years’ relief | PS26/19 ¶3.14 |
| Statement of compliance, ¶73A | Only if nothing is omitted | UK SRS S1 |
Worked example
How do the reliefs work for a March year-end?
For an ordinary March year-end issuer, the first UK SRS period starts on 1 April 2027, and each relief is checked against the next period’s start.
| Accounting period | Stage | Relief position |
|---|---|---|
| 1 Apr 2027–31 Mar 2028 | First ordinary UK SRS period | Scope 3 relief and non-climate S1 relief can be used, with the required statement of use. |
| 1 Apr 2028–31 Mar 2029 | Second ordinary UK SRS period | Scope 3 is comply or explain; the non-climate S1 relief can still be used. |
| 1 Apr 2029–31 Mar 2030 | Third ordinary UK SRS period | Both reliefs have expired and UK SRS remains comply or explain. |
This illustration assumes no early adoption and unchanged twelve-month periods; neither relief turns into mandatory disclosure when it ends.
Elsewhere
Where the UK sits beside the markets that moved first
ISSB standards have a global baseline, but national scope, dates and reliefs are separate decisions.
Module 01 / 03
Baseline
IFRS S1 and S2 set the international requirements.
Module 02 / 03
UK endorsement
UK SRS contains the UK-endorsed text.
Module 03 / 03
Other jurisdictions
Use the local instrument for scope and reporting dates.
Read the detailed guidance and evidence
Over 40 jurisdictions “have already decided to use or are taking steps to introduce ISSB Standards”, in the IFRS Foundation’s own count of 18 June 2026.
The UK’s route is unusual among them in its form: a listing rule that asks for the standard or an explanation, with no fixed point at which explanation stops being an option.
PS26/19’s cost-benefit annex says the FCA does not expect to carry out a formal post-implementation review of the rules.
For a UK group with a listing or a parent in another market, the earlier of the two timetables usually governs its data programme, which is why the owners’ own pages are linked beside this section.
How UK SRS compares with the EU’s regime is on UK SRS vs CSRD, and with the framework it replaces on UK SRS vs TCFD.
| Market | Owner’s own timetable |
|---|---|
| Australia | ASX |
| Japan | Financial Services Agency |
| Singapore | SGX |
| Canada | CSSB |
| All adopters | ISSB |
The responses
What investors asked for, and what the FCA decided
Responses from investors explain their preferences and concerns rather than changing the final rules.
Module 01 / 03
Consultation
Identify which proposal the response addressed.
Module 02 / 03
Final decision
Compare it with the published policy statement.
Module 03 / 03
Application
Use the made rule for the company’s reporting duty.
Read the detailed guidance and evidence
The dates were never what respondents fought over; the basis attached to them was.
Norges Bank Investment Management asked for mandatory Scope 3 reporting “for periods beginning on or after 1 January 2028, or at minimum a clear sunset date”, and wrote that “an open-ended ‘comply or explain’ regime provides insufficient certainty for preparers or investors”.
The PRI welcomed the proposals and asked for “a phased approach towards mandatory disclosure”, and both asked that secondary-listed and depositary-receipt issuers report against UK SRS.
The FCA went the other way on the basis and their way on scope: comply or explain across all of UK SRS, and UKLR 14 and 15 brought in (PS26/19 ¶1.7).
Its stated reason was that full disclosure in line with UK SRS “is not yet feasible for certain smaller issuers”, so a mandatory approach “may be disproportionately burdensome for small companies”.
These are respondents’ positions and the regulator’s reasons, not sources for any date on this page.
| Ask | Who asked | Outcome in PS26/19 |
|---|---|---|
| Move Scope 3 towards mandatory | NBIM; PRI | Not adopted — comply or explain |
| Set a mandatory date for UK SRS S1 | NBIM | Not adopted — no date set |
| Bring UKLR 14 and 15 onto UK SRS | NBIM; PRI | Adopted (¶1.7) |
| Transparency on voluntary assurance | PRI | Adopted — UKLR 6.6.6R(8)(d) |
Around the timeline
Where each part of the timeline is taken further
Module 01 / 04
Disclosure
Module 02 / 04
Key point 02
Module 03 / 04
Disclosure · 2
Module 04 / 04
Assurance
Read the detailed guidance and evidence
Who and when
Whether you are caught at all is on UK SRS scope, the private-company position on private companies and UK SRS, and using the standards before any duty on voluntary reporting; the sister site keeps its own UK SRS thresholds page.
The rules behind the dates
The instruments are gathered on UK SRS regulations, the disclosures on UK SRS requirements, and the year-by-year view for 2026 on UK SRS in 2026.
Getting ready
Preparation is on UK SRS compliance, the board’s part on UK SRS for boards, and the assurance clock on UK SRS assurance.
The content
The structure both standards share is on the four pillars, the global original on IFRS S2, and the transition-plan statement on transition plans under UK SRS.
Sectors and neighbours
Banks, insurers and asset managers are on UK SRS for financial services, the energy regime alongside on SECR and UK SRS, and the wider practice on sustainability reporting.
Everything else
The whole cluster is indexed from the UK SRS hub, the common questions answered on the UK SRS FAQ, and the Companies Act route on section 414CB, for which UK SRS S2 is a national framework.
Frequently asked
UK SRS timeline: the questions asked
What is the UK SRS timeline?
The TAC recommended endorsing IFRS S1 and S2 in December 2024.
The government consulted on exposure drafts from 25 June to 17 September 2025 and published UK SRS S1 and S2 on 25 February 2026 for voluntary use.
The FCA consulted in CP26/5 from 30 January to 20 March 2026, made its rules on 24 September 2026 and published them as PS26/19 on 30 September 2026.
The rules apply to accounting periods beginning on or after 1 January 2027, with first reporting in 2028; the Scope 3 relief runs out for periods beginning from 1 January 2028 and the UK SRS S1 relief for periods beginning from 1 January 2029.
When does UK SRS become mandatory?
It does not.
UK SRS S1 and S2 are voluntary standards.
Under the FCA’s final rules (PS26/19), companies listed in UKLR 6, 14, 15, 16 and 22 must report against them on a comply-or-explain basis for accounting periods beginning on or after 1 January 2027.
The consultation, CP26/5, had proposed making UK SRS S2 mandatory; the final rules did not.
When will UK SRS be implemented?
For listed companies in scope, from the first accounting period beginning on or after 1 January 2027 — so 1 January 2027 for a December year-end and 1 April 2027 for a March year-end.
The instrument comes into force on 1 January 2027.
For every other entity there is no implementation date: the standards are available now, voluntarily.
Has the FCA published its Policy Statement on UK SRS?
Yes.
PS26/19 was published on 30 September 2026, finalising CP26/5.
The instrument, the UK Listing Rules (Sustainability Reporting Standards Disclosure) Instrument 2026, was made by the FCA Board on 24 September 2026.
Its guidance on explanations, draft Technical Note 803.1, is still out for comment until 28 October 2026.
When will the first UK SRS reports be published?
In 2028.
A company with a 31 December year-end reports on 2027 in its annual financial report, which DTR 4.1.3R requires to be public within four months of the year-end.
Later year-ends publish later in 2028 or in 2029.
The first period needs no comparative figures: UK SRS S1 paragraph E1 and UK SRS S2 paragraph C1 keep that relief.
When does the Scope 3 relief end?
The FCA relief lasts one year from initial application, so it covers the first accounting period beginning on or after 1 January 2027.
From the next period, Scope 3 is on the same comply-or-explain basis as the rest of UK SRS S2.
During the relief year a company states that it is using the relief and needs give no further explanation.
When does UK SRS S1 apply in full?
The parts of UK SRS S1 needed to make climate disclosures apply from the first period.
The relief for non-climate matters lasts two years from initial application, so companies with a period beginning on or after 1 January 2029 address all of UK SRS S1 on a comply-or-explain basis.
Nothing becomes mandatory when a relief expires.
Is 1 January 2027 a filing deadline?
No. It is the start of the first accounting period the rules reach, and the date the FCA instrument comes into force.
Nothing is filed on that day; the first disclosures appear in annual financial reports published in 2028.
Source control
Keep proposals off the compliance calendar
A reporting calendar should identify the owner and status of each milestone before treating it as a deadline.
Module 01 / 03
Made rules
Use the published FCA instrument and its transitional provisions.
Module 02 / 03
Guidance
Watch for finalisation of the technical note.
Module 03 / 03
Government work
Keep corporate-reporting proposals separate from enacted requirements.
Read the detailed guidance and evidence
These are editorial source-management suggestions, not extra statutory milestones.
Prepare the evidence
UK SRS timeline: 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
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
Published 30 September 2026: comply or explain across UK SRS (¶1.2); five listing categories (¶3.6); periods from 1 January 2027 (¶3.12); the reliefs (¶3.14, ¶3.20, ¶3.23, ¶3.24).
- Financial Conduct AuthorityPS26/19 (PDF), Appendix 1 — UK Listing Rules (Sustainability Reporting Standards Disclosure) Instrument 2026
Made by the FCA Board on 24 September 2026; in force 1 January 2027. ¶1.10: replaces the TCFD-aligned rules. ¶3.19: early adopters keep the reliefs.
- Financial Conduct AuthorityCP26/5 — Aligning listed issuers’ sustainability disclosures with international standards (PDF)
Published 30 January 2026, closed 20 March 2026. Its proposals, including mandatory UK SRS S2, are the consultation’s, not the rules.
- Financial Conduct AuthorityCP26/5 consultation page
The consultation’s dates and its “next steps” as written before PS26/19.
- Financial Conduct AuthorityPrimary Market Bulletin 66 (30 September 2026)
Consults on draft TN 803.1; comments by 28 October 2026.
- Financial Conduct AuthorityDraft Primary Market Technical Note 803.1 — UK SRS sustainability disclosures for listed companies
Proposed guidance on comply or explain. Not final.
- Financial Conduct AuthorityFCA Handbook, DTR 4.1.3R — publication of the annual financial report
Public “at the latest four months after the end of each financial year”.
- Financial Conduct AuthorityFCA Handbook, UKLR 6.6 — annual financial report
The rule PS26/19 amends from 1 January 2027 (future version flagged on the page).
- Department for Business and TradeUK Sustainability Reporting Standards: UK SRS S1 and UK SRS S2
Published 25 February 2026.
- Department for Business and TradeUK Sustainability Reporting Standards — guidance
“Available for voluntary use, by any entity that chooses to do so.” The exposure-draft consultation ran 25 June to 17 September 2025.
- Department for Business and TradeUK SRS S1 (PDF), ¶¶E1–E5, 73A, 73B
No effective date; the climate-first relief is untimed in the standard; comparatives relief kept at ¶E1.
- Department for Business and TradeUK SRS S2 (PDF), ¶¶C1–C6
The Scope 3 relief (¶C4) carries no period of its own; ¶C6 hands timing to regulation.
- Department for Business and TradeExposure drafts of UK SRS: consultation and outcome
“The consultation received 209 responses.”
- Department for Business and TradeGovernment response to the consultation on UK SRS (web version)
¶1.17: 68% (125 of 184) agreed with the four TAC amendments.
- Department for Business and TradeLetter to the FCA, 5 January 2026 (PDF)
The time references on the reliefs to be removed; timing left to regulations or FCA rules.
- Department for Business, Innovation, Science and TradeModernising corporate reporting — consultation (7 September to 30 November 2026)
- Department for Business, Innovation, Science and TradeModernising corporate reporting — consultation document (PDF), ¶¶147–148, 154–155
The government “will consider” how UK SRS should be reflected in the Companies Act 2006; the CFD review is due by spring 2027.
- UK ParliamentWritten Ministerial Statement HCWS973, 21 October 2025
The Modernisation of Corporate Reporting programme announced.
- Financial Reporting CouncilUK Sustainability TAC issues final recommendations, 18 December 2024
Agreed at a public meeting on 5 December 2024; published 18 December 2024.
- Financial Reporting CouncilISSA (UK) 5000 (PDF)
Issued 12 November 2025; effective for periods beginning on or after 15 December 2026.
- Financial Reporting CouncilAssurance standards — audit, assurance and ethics
The FRC’s own listing of ISSA (UK) 5000.
- Financial Reporting CouncilSustainability reporting developments: frequently asked questions
Voluntary users “can use reliefs without time limits, indefinitely”.
- IFRS FoundationISSB issues targeted amendments to IFRS S2, December 2025
The ISSB’s changes, absorbed into UK SRS S2 — not UK amendments.
- GHG ProtocolCorporate Value Chain (Scope 3) Standard
The fifteen Scope 3 categories.
- legislation.gov.ukCompanies Act 2006, section 414CB
UK SRS S2 confirmed as a national framework for s.414CB(6).
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