LSE ESG Guidance
London Stock Exchange Group — Revealing the full picture: Your guide to ESG reporting (voluntary)
Topic : ESG disclosure · Level : Stock exchange
Today
Voluntary guide. Binding UK duties: FCA TCFD rules, moving to UK SRS (ISSB-based) for periods from 1 Jan 2027.
Summary
The LSE ESG guide is voluntary. UK listed companies' binding duties come from FCA rules: TCFD-aligned disclosure today, and UK SRS (based on ISSB) for periods from 1 January 2027, with Scope 3 after a one-year relief.
Who is concerned
- Turnover
- non précisé
- Employees
- non précisé
- Listed company
- cotées seulement
- Sectors
- All sectors
- Triggering activities
- Equity shares listed on LSE Main Market
- Extraterritorial reach
- Yes
Non-UK issuers with UK listings follow FCA rules; secondary listings on comply-or-explain.
- Examples
- FTSE 100 consumer goods group
- Asian issuer with UK listing
What the law requires
- Report climate disclosures on comply-or-explain basis
- Apply UK SRS S1/S2 from FY2027 (FCA rules)
- Disclose Scope 3 after one-year relief
Penalties
None under the guide. FCA can censure, fine or suspend listings for Listing Rule breaches.
What this changes for a supplier in China
UK-listed buyers will need supplier emissions for Scope 3 under UK SRS after the transition relief.
Expected evidence
- Scope 1-2 emissions
- Product carbon footprint
- Climate risk exposure of sites
Tiers : Tier 1-N