Disclosure focus
BP-2 applies only when the undertaking uses the phase-in provisions in ESRS 1 paragraphs 125–127. It is not a general register of every disclosure omitted from the sustainability statement.
Where a whole topical standard is omitted under paragraphs 125(a), 126(a) or 127(a), the undertaking states whether impacts, risks and opportunities related to that standard's topics were assessed as material. If one or more topics or sub-topics were assessed as material, the information required by BP-2 paragraph 9 is provided.
Where information under individual disclosure requirements is omitted under paragraphs 125(b)–(e), 126(b)–(e) or 127(b)–(e), the undertaking states that the information was omitted because the relevant phase-in provision was applied.
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-2 sub-elements (LRA working checklist)
Identify the applicable ESRS 1 paragraph in the range 125–127.
Identify a topical standard omitted under paragraph 125(a), 126(a) or 127(a), where applicable.
State whether impacts, risks and opportunities related to the omitted standard's topics were assessed as material.
Identify the material topics or sub-topics where one or more related impacts, risks or opportunities were assessed as material.
Briefly describe how the business model and strategy take account of impacts related to those material topics.
Describe time-bound targets related to the material topics and progress towards them, where required.
Describe policies and actions addressing the material topics, where required.
Report the metrics required by BP-2 for the material topics, where applicable.
For provisions in paragraphs 125(b)–(e), 126(b)–(e) or 127(b)–(e), identify the information omitted as a result.
How to prepare it
1Limit BP-2 to omissions caused by the phase-in provisions in ESRS 1 paragraphs 125–127.
2Collect and reconcile the records for: Phase-in provision applied; Whole-standard omission; Materiality assessment result; Material topics or sub-topics; Business model and strategy; Targets and progress; Policies and actions; Metrics; Other phased-in information omitted.
3Separate whole-topical-standard omissions from omissions of information under individual disclosure requirements.
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 phase-in eligibility assessment, applicable ESRS 1 paragraph, materiality results for omitted topical standards and the BP-2 information required for any material topics.
Use the organisation's own role and document names, but preserve the defined ESRS terms and the scope described above.
Better request
Provide the phase-in eligibility assessment, applicable ESRS 1 paragraph, materiality results for omitted topical standards and the BP-2 information required for any material topics.
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
Verify eligibility for the specific phase-in provision before recording an omission and preserve the term material rather than relevant or priority.
Context note
If no phase-in provision in paragraphs 125–127 is used, BP-2 does not create a general omitted-disclosures schedule.
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Preparation tools & forms
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Assurance readiness
For each claim, check the evidence
Evidence pack to prepare
Common reporting gaps
Using the 2023 BP-2 title or content.Listing every absent disclosure requirement.Replacing material with relevant or priority.Failing to distinguish whole-standard and individual-information phase-ins.Using a phase-in without checking eligibility.
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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
General Basis for Preparation of Sustainability Statements → 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 →
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312 published reports indexed
63171 pages with page-level citations
272 practitioner guides
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