UK government consults on transition plans, draft UK SRS, and sustainability assurance

On 25 June 2025, the UK government published the following consultations:

• The Department for Energy Security and Net Zero has published a consultation on transition plans - see here.
• The Department for Business and Trade (DBT) published Exposure Drafts of the UK Sustainability Reporting Standards (UK SRS) for consultation - see here. The UK SRS will implement the ISSB's sustainability disclosures standards (IFRS S1 and IFRS S2) into UK law. 
• The DBT has also published a consultation on the government's proposal for greater regulatory oversight of third-party assurance services for sustainability-related financial disclosures - see here.  
• All three consultations close on 17 September 2025. 

See here for the press release about all three consultations. These consultations form part of the government's wider plan to make the UK the “sustainable finance capital of the world”. 

We are preparing blog posts on these consultations - see:

• UK government consults on transition plans, keeping its options open
• Coming very soon: blog post on UK SRS consultation