The Ultimate Guide to UK SRS Reporting: S1 & S2 (2025 Draft Standards)
Stay ahead of the UK’s evolving sustainability reporting requirements.
neoeco simplifies UK SRS S1 & S2 compliance by integrating sustainability data with financial systems — turning compliance into strategy, and disclosure into trust.
Overview of UK SRS, UK S1 & S2
Financial & Strategic Focus
UK SRS S1 & S2 Standards
ISSB-Aligned Baseline
Disclose in Financial Reports
Why UK SRS Reporting Matters Now
As the UK formalises its own sustainability disclosure regime, these standards are expected to form the basis of mandatory reporting for publicly accountable entities and beyond. Adoption is beginning now across large UK-listed companies, financial institutions, and global businesses operating within the UK.
Key drivers:
UK regulators are aligning with ISSB but tailoring requirements for UK governance and oversight
Climate-related risks and opportunities must be disclosed alongside financial impacts
Reporting is becoming board-level, strategic, and investor-focused
Key Components of UK SRS Reporting
The UK SRS regime is structured around two core draft standards:
UK SRS S1: General Sustainability-Related Disclosures
UK SRS S2: Climate-Related Disclosures
What it’s for
A global baseline adapted to UK context for sustainability-related financial disclosures across all topics
Focused climate-related disclosures that support investor understanding of climate risks and opportunities
Who it applies to
Any company preparing general-purpose financial reports
Companies with material climate-related financial risks and opportunities
Core requirements
– Governance
– Strategy
– Risk management
– Metrics and targets
– Climate-related governance and strategy
– Scenario analysis
– Emissions disclosures (Scopes 1, 2, and 3)
– Climate risk integration
– Metrics and targets
How to Prepare
Whether SRS reporting becomes mandatory for your business in 2025 or soon after, building readiness now will position you ahead of the curve. The draft UK SRS requires board oversight, decision-useful financial disclosures, and integrated reporting practices.
neoeco recommends the following steps:
Assess current disclosure maturity against the draft S1 & S2 standards
Map data sources - especially for Scope 3 emissions
Develop your transition plan, including scenario analysis and financial impacts
Involve finance, ESG, operations, and assurance teams early — and together
Download Your Free UK SRS Checklist
Finance leaders, sustainability teams, and strategic operators navigating the UK’s evolving disclosure landscape can use this checklist to align with the draft standards, identify current gaps, and prepare audit-ready, board-level disclosures.
