You are an SME owner and you hear about ESG reporting. You will probably experience one of two things:
YES, bring it on!
Because: you see opportunities, want to take steps and make your business future-proof.
Help, no…
Because: ‘I don’t have the resources for this.’ At the same time, you feel the pressure from customers, banks or larger companies who are going to ask you for ESG data.
In both cases, there is good news.
The European Commission has introduced the VSME: ‘Voluntary Sustainability reporting standard for non-listed SMEs’. A framework that helps SMEs to get started with sustainability and ESG reporting in an accessible way. Voluntary, but in line with international standards.
A few facts at a glance:
- Fewer mandatory data points than CSRD
- Rapid implementation and lower costs. Also for those new to reporting
- Easy scaling up to CSRD in the future
- Comply with information requests from customers, banks and investors
This way, you are prepared for questions from your larger customers and you gain immediate insight into your own sustainability impact. What’s more, handy templates are available.
We have already listed the options, arguments, facts and process steps for you. Curious? Check out the VSME cheatsheet.
At CF Report, we help companies make their sustainability story clear and impactful.
From ESG reporting to storytelling: we ensure that you comply with the rules and showcase your unique character and ambition. Want to know how? Feel free to send a message to our strategic advisors Felix Janssens ([email protected]) en Andhika Rutten ([email protected]).