The UK Financial Conduct Authority (FCA) has launched a public consultation on an update to its listing rules, which would require companies to report in line with the ISSB-aligned UK Sustainability Reporting Standards (UK SRS).
Under the FCA’s proposal, mandatory reporting under the UK SRS would take effect for accounting periods beginning on or after 1 January 2027.
Disclosures on Scope 1 and 2 emissions and climate-related financial information would be mandatory. Reporting on Scope 3 emissions and non-climate sustainability information would be introduced on a comply or explain basis.
The public consultation is open until 20 March.
Companies:UK Financial Conduct Authority
