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ESRS 2: General Disclosures·Disclosure Requirement BP-2

Specific information if the undertaking uses phasing-in options

Practical guidance for preparing this disclosure. Use this card to identify the information to prepare, verify claims and organise supporting evidence. For exact requirements, always refer to the official European Commission source.

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Last reviewed 2026-07-24
RK Reviewed by Dr Ross KurinkoLinkedIn Strategic ESG Advisor · IFRS S1 & S2 / GRI / ESRS expert GRI Certified Global Trainer · PhD, University of Cambridge · ESG-AI expert 15+ years on FTSE 100 & Fortune Global 500 disclosures Canary Wharf, London LRA educational guidance · Not issued or endorsed by European Commission

Standard

ESRS 2: General Disclosures

Disclosure Requirement BP-2 · 2026-5010-final

Effective

—

Official source: Open ↗

Last reviewed

2026-07-24

LRA educational guidance · Not issued or endorsed by European Commission

To prepare this disclosure
9LRA preparation fields 9claims to verify 9evidence areas

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

Before you start

A quick mental checklist before you prepare this disclosure — tick each as you settle it.

Preparation

Key information to prepare

Preparation field What to capture Evidence hint Owner
Phase-in provision applied Identify the applicable ESRS 1 paragraph in the range 125–127. Dated source records, governance papers and approval evidence supporting phase-in provision applied. Sustainability reporting / Legal
Whole-standard omission Identify a topical standard omitted under paragraph 125(a), 126(a) or 127(a), where applicable. Dated source records, governance papers and approval evidence supporting whole-standard omission. Sustainability reporting
Materiality assessment result State whether impacts, risks and opportunities related to the omitted standard's topics were assessed as material. Dated source records, governance papers and approval evidence supporting materiality assessment result. Sustainability reporting
Material topics or sub-topics Identify the material topics or sub-topics where one or more related impacts, risks or opportunities were assessed as material. Dated source records, governance papers and approval evidence supporting material topics or sub-topics. Sustainability reporting
Business model and strategy Briefly describe how the business model and strategy take account of impacts related to those material topics. Dated source records, governance papers and approval evidence supporting business model and strategy. Sustainability reporting
Targets and progress Describe time-bound targets related to the material topics and progress towards them, where required. Dated source records, governance papers and approval evidence supporting targets and progress. Sustainability reporting
Policies and actions Describe policies and actions addressing the material topics, where required. Dated source records, governance papers and approval evidence supporting policies and actions. Sustainability reporting
Metrics Report the metrics required by BP-2 for the material topics, where applicable. Dated source records, governance papers and approval evidence supporting metrics. Sustainability reporting
Other phased-in information omitted For provisions in paragraphs 125(b)–(e), 126(b)–(e) or 127(b)–(e), identify the information omitted as a result. Dated source records, governance papers and approval evidence supporting other phased-in information omitted. Sustainability reporting
＋ Show BP-2 sub-elements (LRA working checklist)

How to prepare it

Limit BP-2 to omissions caused by the phase-in provisions in ESRS 1 paragraphs 125–127.
Collect 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.
Separate whole-topical-standard omissions from omissions of information under individual disclosure requirements.
Draft the response using the defined terms shown in the disclosure focus; do not substitute broader internal labels.
Review 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.

Download Centre

Preparation tools & forms

Professional preparation tools for BP-2 — 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.

Free · Community members
01XLSPrep & Assurance workbookDatapoints, risks, evidence to check, owner and evidence pack.Get it free ↧ 02XLSData-request packRequest email, message template, response fields and sign-off structure.Get it free ↧ 03PDFLibrary CardPrintable one-page summary of this disclosure card.Get it free ↧

Assurance readiness

For each claim, check the evidence

Claim Risk Evidence to check
Phase-in provision applied is reported accurately and completely.The response omits, misclassifies or overstates phase-in provision applied.Dated source records, governance papers and approval evidence supporting phase-in provision applied.
Whole-standard omission is reported accurately and completely.The response omits, misclassifies or overstates whole-standard omission.Dated source records, governance papers and approval evidence supporting whole-standard omission.
Materiality assessment result is reported accurately and completely.The response omits, misclassifies or overstates materiality assessment result.Dated source records, governance papers and approval evidence supporting materiality assessment result.
Material topics or sub-topics is reported accurately and completely.The response omits, misclassifies or overstates material topics or sub-topics.Dated source records, governance papers and approval evidence supporting material topics or sub-topics.
Business model and strategy is reported accurately and completely.The response omits, misclassifies or overstates business model and strategy.Dated source records, governance papers and approval evidence supporting business model and strategy.
Targets and progress is reported accurately and completely.The response omits, misclassifies or overstates targets and progress.Dated source records, governance papers and approval evidence supporting targets and progress.
Policies and actions is reported accurately and completely.The response omits, misclassifies or overstates policies and actions.Dated source records, governance papers and approval evidence supporting policies and actions.
Metrics is reported accurately and completely.The response omits, misclassifies or overstates metrics.Dated source records, governance papers and approval evidence supporting metrics.
Other phased-in information omitted is reported accurately and completely.The response omits, misclassifies or overstates other phased-in information omitted.Dated source records, governance papers and approval evidence supporting other phased-in information omitted.

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.
✓ LRA AI Assistant · Human-in-the-loop
Dr Ross Kurinko

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Framework references

Relevant ESRS requirements and related disclosures

Available framework references and nearby disclosures relevant to preparing this requirement.

ESRS

BP-2

within ESRS 2: General Disclosures

Open official source →

Related & explore

General Basis for Preparation of Sustainability Statements → CardActions and Resources in Relation to Material Sustainability Matters → CardMetrics in Relation to Material Sustainability Matters → CardPolicies Adopted to Manage Material Sustainability Matters → CardTargets in Relation to Material Sustainability Matters → Card Browse all disclosures →

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Go deeper · BP-2

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