A standard with the small ones in mind
The NSRS is developed with the smaller companies in mind, but comparable with established international standards. The complex transformation from a linear to a circular economy is an important element addressed in the standard. The standard will be used by professional accountants to help their clients to measure their circularity and document this in their sustainability reports.
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Share Your Sustainability Report with EFRAG
The European Financial Reporting Advisory Group (EFRAG) invites companies to share sustainability reports prepared using the VSME. By sharing your report, you help shape the…
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Who should report – and why sustainability already matters to your business
Many small and medium-sized enterprises believe sustainability reporting is something for large corporations. But in practice, smaller businesses are often the first to feel the…
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Share Your Views on VSME Market Acceptance
Following the European Commission’s Recommendation on the Voluntary Sustainability Reporting Standard for SMEs (VSME), published on 30 July 2025, EFRAG has launched a survey on the…
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The EU Commission Endorses the VSME Standard – Now Is the Time to Act
On July 30th, The EU Commission officially adopted a recommendation for voluntary sustainability reporting for small and medium-sized enterprises (SMEs). This recommendation promotes the use…