UK Climate Disclosure Rules: What You Need to Know

Summary The UK has adopted the ISSB standards as UK SRS S1 and S2, and the FCA proposes mandatory UK SRS S2 climate disclosure for listed companies, with comply-or-explain treatment for Scope 3 and non-climate matters. First mandatory reports cover accounting periods beginning on or after 1 January 2027 (proposed), published in 2028 for calendar-year companies. Scope covers 515 companies in three FCA listing categories; private company requirements are subject to a separate government consultation.