By Dan Firmager on Small Business UK – Advice and Ideas for UK Small Businesses and SMEs
The UK Sustainability Reporting Standards (UK SRS) will be introduced in 2026.
Though it’s aimed at larger firms, SMEs will have reporting responsibilities if they supply to these larger firms.
By preparing early you can position yourself as a preferred supplier.
The UK Sustainability Reporting Standards (UK SRS) could be introduced as early as January 2026 and will reshape how companies disclose climate and sustainability-related information.
While the initial focus will be on large, ‘economically significant’ entities, small and medium-sized enterprises (SMEs) should not assume they’re out of scope. In fact, the ripple effects of UK SRS will be felt across the supply chain. SMEs that prepare early will be better positioned to reduce risk, attract investment, secure finance and win new work.
Why UK SRS matters to SMEs
These standards are designed to provide investors and lenders with consistent, decision-useful information. For SMEs, this means that larger customers, banks and insurers will increasingly expect sustainability data from their suppliers and partners.
‘Economically significant’ organisations will be expected to make several disclosures in their financial statements, including their Scope 3 emissions, which include the emissions generated by their suppliers (purchased goods