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VSME standard

The VSME standard is a simplified framework for ESG reporting. Designed with flexibility and accessibility in mind, the VSME standard helps SMEs meet growing disclosure demands.

The VSME Standard

The Voluntary SME Sustainability Reporting Standard (VSME) is a simplified framework for Environmental, Social and Governance (ESG) reporting developed by the European Commission to help small and medium-sized enterprises (SMEs) disclose key sustainability information. Designed with flexibility and accessibility in mind, the VSME standard helps SMEs meet growing expectations from banks, investors, customers, and larger companies in their value chains without the complexity of full-scale corporate reporting requirements.

Despite its voluntary nature, VSME is rapidly becoming the de facto framework for SMEs to report on ESG issue.

What Does It Provide for Companies?

The VSME standard gives SMEs a simple and structured way to report on relevant sustainability data requests including relevant Environmental, Social and Governance issues. It supports:

  • Improvement in sustainability management:The VSME standard provides SMEs with the foundational framework to gain the insights to better handle environmental and social challenges in the short, medium, and long term.
  • Guidance on ESG disclosures: Clearer and simpler methodology adapted to the needs and resources of SMEs with limited ESG knowledge.
  • Response to Data Requests: Enables SMEs to provide reliable sustainability data to larger companies that are subject to mandatory ESG reporting requirements.

  • Access to finance: The simple and standardized framework to report on ESG issues offer clarity and transparency for banks and investors to support funding opportunities. This creates better opportunities for SMEs to obtain green financing – facilitating the transition to a sustainable economy.

How Klappir helps you start reporting on the VSME Standard

Klappir makes it easy for SMEs to take the first step into ESG reporting. With high-quality data management and easy-to-use built-in tools, Klappir's Sustainability Platform classifies emissions in the background, ensuring accurate reporting without prior sustainability expertise. This not only supports VSME reporting, but also lays a solid foundation for broader sustainability management and due diligence processes.