2nd April 2025
How ready are UK businesses for new ESG rules?
The UK’s ESG regulatory landscape is set for a major shake-up in 2025. The government has been ramping up efforts to establish the country as a global leader in sustainable finance, and a big part of that strategy involves the introduction of Sustainability Reporting Standards (SRS). These new standards, modeled on the International Sustainability Standards Board’s (ISSB) IFRS S1 and S2, will likely replace the current Task Force on Climate-Related Financial Disclosures (TCFD) framework for large companies. The Financial Conduct Authority (FCA) is also expected to push for listed businesses to report under the SRS, and there’s talk of expanding the requirements to economically significant private companies as well.
But how prepared are UK businesses for this shift? To find out, YouGov Surveys: Serviced polled 520 business decision-makers across different company sizes. The results highlight a stark divide in awareness, readiness, and what businesses want from the government to help them comply.
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