Enterprise sustainability data management platform Sweep announced the launch of its new UK SRS solution, aimed at supporting UK-listed companies required to comply with upcoming mandatory sustainability reporting requirements.
The launch of the new solution follows the release earlier this year by the UK government of the finalized UK Sustainability Reporting Standards (UK SRS), based on the sustainability and climate-related standards developed by the IFRS Foundation.
UK-listed companies are anticipated to be required to begin reporting in line with the new standards, with the UK’s financial markets regulator the Financial Conduct Authority (FCA) recently proposing mandatory UK SRS-aligned reporting for listed companies beginning in 2027, with large private companies anticipated to follow in the future.
Key features of the new solution highlighted by Sweep include full pre-mapping to every disclosure under the UK standards, drafting of narrative responses and population of data points from information already held in the platform by Sweep’s AI assistant, “Sweepy,” approval workflows, audit trails, and supplier interfaces to meet data and governance requirements, and cross-framework coverage to enable the same dataset to be used for CSRD, CDP, GRI and investor reporting requirements.
Rachel Delacour, CEO and co-founder at Sweep, said:
“The UK SRS standards are a significant ask for UK-listed companies, and the timeline is tight for any large corporation to get organized for this new report. As an official ISSB licensee, we have deep experience with ISSB-based standards, and that expertise is directly embedded in our UK SRS solution.”
