VSME Sustainability Reporting

Your guide to the EU's voluntary sustainability reporting standard for SMEs. Learn about the disclosure requirements and how Selko applies them.

VSME Standard Overview

Understanding the fundamentals of VSME sustainability reporting

Introduction to VSME

Understand the VSME standard and how it simplifies sustainability reporting for SMEs while meeting stakeholder expectations.

Who is VSME for?

Discover which companies should use the VSME standard, from micro-enterprises to growing SMEs and their business partners.

VSME and Materiality

Understand how the VSME standard approaches materiality in sustainability reporting.

VSME Basic Module

11 disclosure requirements (B1-B11) covering the essential sustainability topics for all SMEs

B1: Basis for preparation

Disclose the format, preparation method, subsidiaries, and basic company information including sustainability certifications.

B2: Practices, policies and future initiatives

Describe practices and initiatives for transitioning towards a more sustainable economy and reducing negative impacts.

B3: Energy and greenhouse gas emissions

Report energy consumption, energy mix, Scope 1 & 2 emissions, and GHG intensity metrics.

B4: Pollution of air, water and soil

Disclose emissions of pollutants if required by law or voluntarily reported through environmental management.

B5: Biodiversity

Report sites owned or managed in or near biodiversity sensitive areas and land-use metrics.

B6: Water

Disclose total water withdrawal, water use at high water-stress sites, and water consumption data.

B7: Resource use, circular economy and waste

Report on circular economy principles, annual waste generation by type, and material flows.

B8: Workforce – General characteristics

Disclose employee numbers by contract type, gender, country, and turnover rate for larger companies.

B9: Workforce – Health and safety

Report recordable work-related accidents, rates, and any work-related fatalities.

B10: Workforce – Remuneration and training

Disclose minimum wage compliance, gender pay gap, collective bargaining coverage, and training hours.

B11: Convictions and fines

Report convictions and fines for violations of anti-corruption and anti-bribery laws.

VSME Comprehensive Module

9 additional disclosure requirements (C1-C9) for comprehensive stakeholder information needs

C1: Strategy and business model

Describe key elements of your business model including products, markets, and sustainability strategies.

C2: Extended practices description

Elaborate further on the practices and policies described in the Basic Module B2 disclosure.

C3: GHG reduction targets

Disclose emission reduction targets for Scope 1, 2, and optionally Scope 3 with key actions planned.

C4: Climate risks

Describe climate-related hazards, exposure assessment, timeframes, and adaptation measures.

C5: Additional workforce characteristics

Optional disclosure of gender ratio at management level and temporary worker information.

C6: Human rights policies

Expand on human rights policies covering child labour, forced labour, discrimination, and complaint handling.

C7: Human rights incidents

Report confirmed incidents related to child labour, forced labour, trafficking, and discrimination.

C8: Controversial sector revenues

Disclose revenues from controversial weapons, tobacco, fossil fuels, or certain chemical production.

C9: Governance gender diversity

Report gender diversity ratio in the governance body such as the board of directors.

Ready to make progress?

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