Disclosure focus
BP-1 explains the basis used to prepare the sustainability statement. It covers whether the statement is prepared on a consolidated or individual basis, differences between the reporting boundary for the undertaking's own operations and the consolidated financial statements, and an overview of upstream and downstream value-chain coverage.
The disclosure also includes the statement that the sustainability statement has been prepared in accordance with the ESRS applicable at the end of the reporting period.
Where the undertaking applies a relief, option or other specific provision in ESRS 1, it identifies the provision and supplies the related information required by that provision. Estimates, cut-off controls and wider data-quality checks may support preparation but are not separate BP-1 requirements.
This LRA educational guidance supports disclosure preparation. For the exact requirements, always refer to the official European Commission source.
Before you start
A quick mental checklist before you prepare this disclosure — tick each as you settle it.
Preparation
Key information to prepare
＋ Show BP-1 sub-elements (LRA working checklist)
State whether the sustainability statement is prepared on a consolidated or individual basis.
Describe differences from the consolidated financial-statement boundary and the reasons for those differences, where they exist.
Provide an overview of upstream and downstream value-chain coverage.
State that the sustainability statement was prepared in accordance with the ESRS applicable at the end of the reporting period.
Identify each relief, option or other specific ESRS 1 provision applied and provide the information required by that provision.
How to prepare it
1Use the reporting undertaking defined for the sustainability statement and distinguish own operations from upstream and downstream value-chain information.
2Collect and reconcile the records for: Preparation basis; Own-operations reporting boundary; Value-chain coverage; Statement of accordance; ESRS 1 provisions applied.
3Boundary differences and ESRS 1 provisions are reported when they exist or are applied; do not invent omissions or reliefs.
4Draft the response using the defined terms shown in the disclosure focus; do not substitute broader internal labels.
5Review the final wording against every requirement and the supporting governance or data records before sign-off.
Request the data
Request the disclosure evidence
Translate the disclosure into an internal business question — then adapt it to your organisation's own language.
Provide the approved preparation-basis paper, financial-boundary reconciliation, value-chain coverage overview, statement of accordance and register of ESRS 1 provisions applied.
Use the organisation's own role and document names, but preserve the defined ESRS terms and the scope described above.
Better request
Provide the approved preparation-basis paper, financial-boundary reconciliation, value-chain coverage overview, statement of accordance and register of ESRS 1 provisions applied.
Draft your disclosure
Notes that turn data into a disclosure
LRA training templates — adapt them to your organisation, and check the official source before sign-off.
Method note
Reconcile the sustainability reporting boundary to the consolidated financial statements and verify each claimed ESRS 1 provision against the applicable paragraph.
Context note
Keep broader estimates, cut-off and data-quality controls clearly labelled as internal preparation controls.
Download Centre
Preparation tools & forms
Professional preparation tools for BP-1 — free with an LRA Community membership. Register once (it's free) and every download unlocks, together with the Disclosure Library, templates and the LRA AI Assistant.
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Assurance readiness
For each claim, check the evidence
Evidence pack to prepare
Common reporting gaps
Using the 2023 BP-1 title.Treating estimates and general completeness as the subject of BP-1.Omitting the statement of accordance.Treating phase-in provisions as BP-1 rather than BP-2.Presenting internal preparation fields as official datapoints.
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Framework references
Relevant ESRS requirements and related disclosures
Available framework references and nearby disclosures relevant to preparing this requirement.
Primary
Related & explore
Disclosures in Relation to Specific Circumstances → Guide ✓Actions and Resources in Relation to Material Sustainability Matters → Guide ✓Metrics in Relation to Material Sustainability Matters → Guide ✓Policies Adopted to Manage Material Sustainability Matters → Guide ✓Targets in Relation to Material Sustainability Matters → Guide ✓Browse all disclosures →
How this library is built
312 published reports indexed
63171 pages with page-level citations
272 practitioner guides
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