UKSRS Software
The UK's departure from the European Union created an unprecedented situation regarding reporting standards. The UK is no longer subject to CSRD or ESRS, but remains one of the world's most important financial markets. Its response has been pragmatic: to develop its own UK Sustainability Reporting Standards, drawing heavily on the ISSB's IFRS S1 and S2 while adapting them to the UK's legal and market context.
Harnest covers the 91 UKSRS data points in a single environment, interoperable with your ESRS and ISSB obligations.
Who do the UKSRS apply to?
The UKSRS apply to companies with exposure to UK markets:
- Companies listed on UK markets or raising capital from UK investors
- European groups with subsidiaries or significant operations in the UK
- Companies working with UK partners who require sustainability reporting compliant with local standards
- Companies already subject to ESRS who wish to cover their UK obligations without duplicating data collection
A different philosophy from European double materiality
The UKSRS adopt a strictly financial definition of materiality: what matters is what is material to investors. This is a different approach from the ESRS's double materiality, but not an opposing one.
For a company that needs to comply with both ESRS and UKSRS, Harnest natively manages this duality: data collected for your European reporting directly feeds into your UK obligations, without re-entry.
91 data points covered
Sustainability governance, climate strategy, risk management, transition plans, and decarbonization commitments. Harnest covers all UK SRS within a single environment.
Structured financial materiality
UK SRS place central importance on governance — how boards integrate risks and opportunities into their strategic decisions. Harnest structures this data collection with a complete audit trail.
ESRS and ISSB interoperable
UK SRS share many data sources with ESRS and IFRS S1 and S2. In Harnest, a single indicator collected once feeds into your European and UK obligations — without duplication.
UKSRS · ESRS · ISSB: one effort, three markets covered
European companies operating in the UK face a dual reporting obligation — ESRS for the European side, UKSRS for the UK side.
Harnest leverages the convergence between these standards to eliminate data collection duplication. The 90 IFRS S1 and S2 data points already collected in Harnest directly feed a large portion of your UKSRS obligations — with no additional effort.
Ready to structure your UK reporting?
Brexit or not, your UK markets demand credible sustainability reporting. Harnest has you covered on both sides of the Channel.