Blog - VSME
From Complexity to Clarity: How VSME Simplifies ESG Reporting for Small Businesses?
VSME standard introduced by EFRAG to streamline ESG reporting for small and micro enterprises. It details the framework’s modular structure—Basic and Comprehensive Modules—designed for scalability and proportionality. The discussion also covers global adoption trends and support mechanisms aimed at enhancing transparency and reducing reporting burdens for SMEs.
The EU VSME: Voluntary Sustainability Reporting for SMEs
The VSME is a voluntary reporting standard designed for non-listed SMEs outside the Corporate Sustainability Reporting Directive (CSRD) scope. While the standard, which covers ESG areas similar to those of ESRS for larger enterprises, is optional, organisations are highly encouraged to adopt it.
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