UK S2·Decision guide·Reporting boundaries
An asset manager should separate the reporting entity from the client assets it manages, then define a controlled total-AUM denominator. UK SRS S2 B61 requires absolute gross financed emissions by Scope, the AUM included for each Scope, the percentage of total AUM covered, explanations of excluded asset types and AUM, and the allocation methodology.
Helps you decideHow to define total AUM and financed-emissions coverage while controlling products, mandates, data periods, estimates and client claims.
Reviewed 10 Aug 2026
17 min
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UK S2·Decision guide·Reporting boundaries
An insurer should assess climate resilience across both underwriting and investment portfolios, but it should not merge their emissions metrics. UK SRS S2 B63-B63A require financed emissions, gross exposure, coverage, classification and methodology for the insurer's loans and investments.
Helps you decideHow to connect two portfolios in the resilience assessment while keeping financed emissions, insurance-associated emissions and other metrics distinct.
Reviewed 10 Aug 2026
15 min
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UK S2·Decision guide·Reporting boundaries
UK SRS S2 still requires visibility over Scope 3 categories and, when Category 15 is included, the Category 15 total and the financed-emissions subtotal. Paragraph 29A permits an entity to limit Category 15 to financed emissions attributed to loans, investments, undrawn commitments and AUM, and to exclude emissions attributable to derivatives.
Helps you decideWhether to measure a wider Category 15 population or apply the permitted limitation to financed emissions, and how to explain that boundary.
Reviewed 10 Aug 2026
13 min
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UK S2·Decision guide·Reporting boundaries
UK SRS S1 requires sustainability-related financial disclosures to cover the same reporting entity as the related financial statements. UK SRS S2 then requires the entity to measure and explain its GHG emissions using the GHG Protocol Corporate Standard unless a jurisdictional authority or exchange requires another method.
Helps you decideHow each legal entity, facility, investee, lease and value-chain category is treated in the reporting entity and in Scope 1, Scope 2 or Scope 3.
Reviewed 10 Aug 2026
12 min
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