Status
Proposed roadmap
Dates are expected but not final.
UK SRSroadmapand timeline
Expected milestones for UK adoption of ISSB standards.
The UK Sustainability Reporting Standards (SRS) timeline is still proposed. This page outlines expected milestones from UK endorsement through to phased reporting dates.
UK SRS timeline overview:
What is the UK SRS timeline?
UK SRS implementation is expected to follow a roadmap: UK endorsement of ISSB standards, consultations on scope and modifications, FCA rulemaking for listed issuers, and phased reporting start dates. Exact timing remains to be confirmed.
FCA
Consultation-driven
Listed company requirements depend on FCA rulemaking.
Phased
Staged start
Early adopters likely report before broader mandates.
Expected UK SRS milestones
UK endorsement. Confirmation that IFRS S1 and S2 form the UK baseline.
Consultations. UK government and FCA gather feedback on scope and timing.
Finalised rules. Requirements for listed companies and other cohorts are confirmed.
Phased reporting. First reporting periods begin, with later phases for broader scope.
Why it matters
Why the timeline matters for planning
Planning horizon. Teams need lead time for data, controls, and assurance.
Budgeting. Roadmap clarity helps allocate resources across years.
System readiness. Technology and processes must be in place before reporting starts.
Stakeholder alignment. Boards and executives need visibility on milestones.
Roadmap
Implementation phases for UK SRS
- UK endorsement. Confirmation that IFRS S1 and S2 form the UK baseline.
- Consultations. UK government and FCA consult on scope, timing, and any modifications.
- Finalised rules. Requirements for listed companies and other cohorts are confirmed.
- Phased reporting. First reporting periods begin, with later phases for broader scope.
Preparation
How to plan while dates evolve
- Run a gap assessment. Compare current reporting to IFRS S1 and S2 expectations.
- Pilot disclosures. Test reporting before mandates apply.
- Build assurance pathways. Define controls and review processes early.
- Monitor updates. Track FCA consultations and UK guidance as timelines evolve.
Keep your UK SRS roadmap on track
Set internal milestones. Align internal timelines to the expected phases.
Stay ISSB-ready. Keep IFRS S1 and S2 content current as the UK finalises adoption.
Prepare governance. Ensure board oversight and assurance plans are in place.
Glossary snapshot
UK SRS timeline glossary snapshot
Endorsement. Formal UK approval of ISSB standards as the UK baseline.
Consultation. Public process to gather feedback on scope and implementation.
Effective date. The reporting period when UK SRS requirements would begin to apply.
FAQs
UK SRS timeline FAQs
When do UK SRS start?
The UK SRS start date is still proposed and depends on endorsement and regulatory decisions.
When will UK SRS be mandatory?
Mandatory timing is expected to be phased and will be confirmed through UK consultations.
What are the key milestones?
Expected milestones include UK endorsement, consultations, FCA rulemaking, and phased reporting start dates.
How does the FCA consultation affect timing?
FCA consultation outcomes are expected to set the timing and scope for listed company reporting.
Keep UK SRS preparation, approvals, and disclosures aligned across finance, risk, and sustainability teams.
Explore the Drova RunSure platform for UK SRS compliance
UK SRS hub
Explore UK SRS topics
UK Sustainability Reporting Standards overview
Start with what UK SRS is and how the standards are structured.
UK SRS S1: General disclosures
Understand the UK SRS S1 baseline for sustainability-related financial information.
UK SRS S2: Climate disclosures
Explore the climate-focused requirements expected in UK SRS S2.
Who must comply with UK SRS?
Check likely in-scope companies and FCA considerations.
UK SRS timeline and roadmap
Track expected milestones and phased implementation.
UK SRS materiality
See how the financial materiality lens works in UK SRS.
