Latest: UK SRS S1 and S2 published 25 February 2026
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UK SRSSustainability Reporting Standards
ESG · Data management

ESG data managementcollection, verification, audit-readiness

How UK companies manage ESG data from source to disclosure. Collection across the three pillars; calculation under GHG Protocol; governance and sign-off workflow; framework mapping; audit-readiness for ISSA (UK) 5000 assurance, which the FRC issued on 12 November 2025 for voluntary use. The infrastructure UK SRS S2would demand if the FCA’s CP26/5 proposal is made.

Data domains
3 pillars
Environmental + Social + Governance
Scope
Verification standard
ISSA (UK) 5000
Issued by the FRC 12 Nov 2025 · effective for periods beginning on or after 15 Dec 2026 · voluntary
Assurance
Audit-readiness target
FY 2027
If CP26/5 is made: first UK SRS S2 year for the 515 issuers required to comply, of ~600 affected
01Data management overview

The data backbone of ESG reporting

UK SRS S2, FCA Listing Rules, SECR and ISSA (UK) 5000 assurance all rest on the same underlying ESG data. The data infrastructure is the long-lead-time investment that determines reporting quality.

02Data architecture

The five-layer ESG data architecture

Source data, calculation, governance, framework mapping, output. Each layer has its own quality, control and audit requirements.

1. Source data layerRaw inputs
Where ESG data originates: utility bills (Scope 2 electricity, gas), fleet management systems (Scope 1 mobile combustion), travel-management systems (Scope 3 business travel), procurement / ERP systems (Scope 3 purchased goods),2 HR systems (workforce metrics), supplier-provided data (Scope 3 across multiple categories). Quality control: documentation of source, frequency, completeness checks.
2. Calculation layerMethodology
GHG Protocol Corporate Standard for emissions,2 with DESNZ (UK Government) conversion factors updated annually for UK SECR and UK SRS S2.3 Calculation engine logs methodology, factor source, factor date and assumptions per calculation. For broader ESG: pillar-specific methodologies (GRI 401 for workforce, GRI 207 for tax transparency).4
3. Governance and workflow layerControls
Approval workflow with role-based permissions: data owner enters; reviewer approves; controller signs off; CSO / CFO authorises final disclosure. Change logs preserve every revision. Aligned with internal controls under the UK Corporate Governance Code5 and forthcoming Audit Reform requirements.
4. Framework mapping layerMulti-output
Same underlying data set mapped to UK SRS S1/S2,6 IFRS S1/S2,7 ESRS, GRI, CDP and SASB without duplicate collection. The leading carbon and ESG reporting platforms maintain framework mappings as standards evolve. Reduces preparation time and ensures consistency across ESG reporting channels.
5. Output layerDisclosure
Annual report disclosures (UK SRS S2 NFSIS, TCFD section, strategic-report content),1 separate sustainability report (GRI),4 CDP questionnaire submissions, ESG rating questionnaires (MSCI, Sustainalytics), investor presentations, regulatory returns (SECR ENRG return, gender pay gap, modern slavery statement).
03Building the infrastructure

Six steps to ESG data infrastructure

From baseline assessment to audit-ready operation. Typically 12 to 18 months end-to-end, with iterative refinement in years two and three.

01
Baseline assessment
Map existing data flows; identify gaps
02
Boundary definition
Operational vs financial control; consolidated group
03
Software selection
Tier 1 enterprise, Tier 2 mid-market, or Tier 3 SME
04
Source integration
Connect ERP, HR, utilities, fleet, travel
05
Governance + workflow
Role-based permissions, sign-off chain
06
Audit-readiness
ISSA (UK) 5000 readiness review with auditor
04Audit-readiness

What ISSA (UK) 5000 will demand

The FRC issued ISSA (UK) 5000 on 12 November 2025 for voluntary use, effective for periods beginning on or after 15 December 2026. It is mandatory for nobody, but it codifies what an assurance provider will look for — and designing data infrastructure for audit-readiness is the cheapest way to satisfy it.

Source documentationFoundation
Every reported data point traceable to source: utility bill, fleet record, supplier confirmation, payroll system, board minute.8 Sample-tested by auditor. Missing source = assurance failure.
Calculation methodologyMethod
Methodology, conversion factors, and assumptions documented per calculation.2 GHG Protocol references explicit. DESNZ factor versioning preserved.3 Logged changes with rationale.
Change controlsGovernance
Every revision logged with timestamp, user, reason. Restatement policy documented. Material restatements explained in narrative disclosure.
Sign-off chainApproval
Documented role-based approval at data owner, reviewer, controller and authoriser levels. Aligned with delegated authority framework.5 Increasingly extended to board-level sign-off on annual ESG disclosure.
Materiality and boundary disclosureScope
Operational vs financial control boundary disclosed.2 Material subsidiaries listed. Joint ventures and associates treated consistently with financial statements. Exclusions justified.
Materiality assessment evidenceProcess
Stakeholder engagement records; materiality matrix; methodology documentation; board approval. Required under UK SRS S16 and increasingly expected by auditors.
ISAE 3000 + ISAE 3410

Current UK assurance standards

ISAE 3000 (Revised) — assurance engagements other than audits or reviews of historical financial information — is the current UK standard for sustainability assurance, applied at limited assurance level by most providers.9 ISAE 3410 — GHG emissions assurance — was the GHG-specific standard: the IAASB approved its withdrawal in March 2025, taking effect at ISSA 5000’s effective date of 15 December 2026.10 The FRC issued ISSA (UK) 5000 on 12 November 2025, effective for periods beginning on or after 15 December 2026 with earlier application permitted — the UK-specific sustainability assurance standard, and mandatory for nobody.8 If CP26/5 is made, UK SRS S2 disclosures from 2027 may increasingly attract third-party assurance under ISSA (UK) 5000 — but no UK law requires sustainability assurance today.

IAASB ISAE 3000 and ISAE 3410; FRC ISSA (UK) 5000 development
05FAQ

ESG data management — frequently asked

What it covers, what data systems UK companies need, how to verify ESG data, and what’s mandatory in the UK.

What is ESG data management?

ESG data management is the systematic collection, calculation, verification, storage and disclosure of environmental, social and governance data — to support sustainability reporting, ESG ratings, investor engagement and mandatory climate disclosure under SI 2022/31, and voluntary reporting under UK SRS S1 and S2 — which no UK entity is required to apply today.

It covers Scope 1/2/3 GHG emissions, workforce metrics, governance KPIs and other material ESG topics.

What data systems do UK companies need for ESG reporting?

Five components: (1) source-data collection (utility bills, fleet, supplier emissions, HR systems); (2) calculation engine (GHG Protocol Corporate Standard with DESNZ conversion factors); (3) governance and approval workflow; (4) framework mapping (UK SRS, IFRS S1/S2, ESRS, GRI, CDP); (5) reporting output (annual report, NFSIS, ESG ratings questionnaires).

Larger UK companies use dedicated software (Workiva, Watershed, Persefoni).

Smaller companies often start with spreadsheets.

How do you verify ESG data?

Three layers: (1) internal controls — source data verified against original documents (utility bills, supplier confirmations); (2) management review with sign-off workflow; (3) third-party assurance.

ISAE 3000 (Revised) is the standard most UK providers have used; ISAE 3410, the GHG-specific one, was approved for withdrawal in March 2025 and falls away at ISSA 5000's effective date.

The FRC issued ISSA (UK) 5000 on 12 November 2025 for voluntary use, effective for periods beginning on or after 15 December 2026, with earlier application permitted — it is mandatory for nobody.

Audit-readiness is the design principle — every data point should be traceable to source.

What ESG data is mandatory in the UK?

SECR (since 2019): UK energy use, Scope 1+2 GHG emissions, intensity ratio, energy efficiency narrative — for the 19,900 entities DESNZ's own 2026 post-implementation review found in scope, against the 11,300 it had predicted.

Climate-related financial disclosure (since 2022): the eight disclosures in Companies Act 2006 s.414CB(2A), for companies caught by s.414CA — traded, banking and insurance companies, and companies and LLPs above either a £500m turnover test or a 500-employee test.

SI 2022/31 is the amending instrument; the duty is in the Companies Act itself.

FCA Listing Rules (since 2021/2022): TCFD-aligned climate disclosure for ~1,200 listed issuers.

Gender Pay Gap Reporting Regulations 2017: median and mean pay gaps.

Modern Slavery Act 2015: annual statement for >£36m turnover.

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