What a UK SRS consultancy does
A UK SRS consultancy prepares a company for disclosure under the UK Sustainability Reporting Standards1, published by the Department for Business and Trade on 25 February 2026.
Our UK SRS consultants run a gap analysis against the standards, build the climate and emissions data, draft the disclosures, and prepare the figures for assurance.
UK SRS is the UK endorsement of the ISSB’s IFRS S1 and S24, so the work combines reporting discipline with climate-data expertise.
UK SRS S1 and S2
UK SRS is made up of two standards designed to work as a pair.
| Standard | What it covers |
|---|---|
| UK SRS S1 | General sustainability-related financial disclosures |
| UK SRS S2 | Climate-related disclosures (risks, opportunities, metrics) |
S1 sets the general requirements for all sustainability-related financial disclosure; S2 applies that framework to climate.
Together they form the complete UK SRS — there is no third standard.
Timeline and scope
The standards are voluntary today and proposed to become mandatory for listed companies.
Under FCA CP26/52, UK SRS S2 is proposed to be mandatory for in-scope listed companies — UK Listing Rules categories 6, 14, 15, 16 and 22 — for accounting periods beginning on or after 1 January 2027, with the Policy Statement expected in autumn 2026.
TCFD transition
UK SRS S2 continues the four-pillar TCFD structure — governance, strategy, risk management, and metrics and targets — while adding more specific requirements.
Companies already reporting under TCFD therefore start from a strong base.
Our UK SRS consultants map the gap between an existing TCFD disclosure and the UK SRS S2 baseline, and reuse the emissions data our carbon consultancy maintains.
How we help
As your UK SRS consultancy, Carbon Legal delivers the gap analysis, builds the climate and emissions data, drafts S1 and S2 disclosures, and prepares for assurance.
The full requirements live on our UK SRS readiness reference page.
Carbon Legal is a specialist UK SRS consultancy, not a law firm, and does not provide legal advice.
We launch in Q3 2026 and are booking readiness reviews now.
Frequently asked questions
What does a UK SRS consultancy do?
A UK SRS consultancy helps a company prepare for disclosure under the UK Sustainability Reporting Standards — UK SRS S1 (general sustainability) and UK SRS S2 (climate). The work includes a gap analysis against the standards, building the climate and emissions data, drafting the disclosures, and preparing for assurance under ISSA (UK) 5000.
What is the difference between a UK SRS consultant and SRS consultancy?
They are the same service: a UK SRS consultancy is the firm and a UK SRS (or SRS) consultant is the specialist. UK SRS is the UK endorsement of the ISSB’s IFRS S1 and S2, so consultants need both reporting and climate-data expertise.
When does UK SRS become mandatory?
UK SRS S1 and S2 were published by the Department for Business and Trade on 25 February 2026 and are currently available for voluntary use. Under FCA consultation CP26/5, UK SRS S2 climate disclosures are proposed to become mandatory for in-scope listed companies for accounting periods beginning on or after 1 January 2027, subject to the FCA Policy Statement expected in autumn 2026.
Who is in scope for mandatory UK SRS S2?
Under FCA CP26/5, the proposal covers listed companies in UK Listing Rules categories 6, 14, 15, 16 and 22. A UK SRS consultant confirms whether your listing category brings you into scope and when.
How does UK SRS relate to TCFD?
UK SRS S2 continues the four-pillar TCFD structure — governance, strategy, risk management, and metrics and targets — but adds more specific disclosure requirements. Companies already reporting under TCFD have a strong foundation, and a UK SRS consultant maps the gap between the two.
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