Simplified Sustainability Reporting for European SMEs

Simplified sustainability reporting for European SMEs

Small businesses can skip complex sustainability reporting under EU plan

European Commission's new sustainability standard puts African SMEs at a crossroads - Africa Sustainability Matters

The European Commission recently adopted a new sustainability reporting standard aimed at small and medium-sized enterprises (SMEs). Known as the Voluntary Sustainability Reporting Standard for SMEs (VSME), the framework is designed to simplify how smaller businesses disclose their environmental, social, and governance (ESG) data. Though positioned as a voluntary measure, the VSME’s adoption may carry […]

Commission adopts recommendation on voluntary sustainability reporting

On 30 July 2025, the European Commission (Commission) adopted a recommendation on voluntary sustainability reporting for small and medium-sized companies (SMEs). On 26 February 2025, the Commission adopted the Omnibus I simplification package which proposed to limit mandatory sustainability reporting under the Corporate Sustainability Reporting Directive (CSRD) to large companies with more than 1,000 employees. For companies with up to 1,000 emp…

European Commission | EU presents voluntary sustainability reporting standard to ease burden on SMEs | European American Chamber of Commerce New York [EACCNY] | Your Partner for Transatlantic Business Resources EU presents voluntary sustainability reporti

The Commission has today adopted a recommendation on voluntary sustainability reporting for small and medium-sized companies (SMEs). The recommendation presents a voluntary standard that will make it easier for SMEs that are not covered by the Corporate Sustainability Reporting Directive (CSRD) to respond to specific requests for sustainability information from large financial institutions and companies. The voluntary standard for SMEs (VSME) wa…

Commission presents voluntary sustainability reporting standard to ease burden on SMEs

(Credit: Unsplash) This article is brought to you in association with the European Commission. The Commission has today adopted a recommendation on voluntary sustainability reporting for small and medium-sized companies (SMEs). The recommendation presents a voluntary standard that will make it easier for SMEs that are not covered by the Corporate Sustainability Reporting Directive (CSRD) to respond to specific requests for sustainability informa…

EU Introduces Voluntary ESG Reporting Standard for SMEs

Impakter EU Introduces Voluntary ESG Reporting Standard for SMEs Today’s ESG Updates New EU ESG Reporting Standard Targets SME Burden Reduction: Recommendation aims to ease reporting burden and improve SME access to sustainable finance. Brazil Soy Pact Exposes Widespread Deforestation Violations: New study finds 98% of soy moratorium-blocked farms cleared land illegally. Trade Talks Frenzy as August 1 Tariff Deadline Looms: Countries scramble fo…