27 Feb 2026
On 25 February, the Department for Business and Trade issued the final versions of the UK Sustainability Reporting Standards (UK SRS).
Endorsing the standards issued by the International Sustainability Standards Board (ISSB) for use in the UK, the publication of UK SRS S1 and S2 marks a critical step in the development of corporate reporting on sustainability.
The new standards provide a framework for sustainability disclosures and are closely aligned with the IFRS Sustainability Disclosure Standards outlined by the ISSB.
The Department for Business and Trade recently unveiled the first two standards, which are aimed at standardising disclosures from entities. The first standard outlines the framework for applying the UK SRS and the second standard highlights how climate disclosures should be made.
The Financial Conduct Authority (FCA) is currently consulting on alterations to the UK's listing rules to include UK SRS reporting requirements.