Project: VSME
Following EFRAG’s technical advice on VSME delivered to the EC on 17 December 2024, the EC has issued a recommendation on the VSME standard on 30 July 2025. The implementation of VSME is supported by a VSME Ecosystem developed by EFRAG. EFRAG started its work on VSME in the second half of 2022 and continues to work on implementation support as part of the VSME Ecosystem. A selection has been made of the key historical documents that give insight into the development of the VSME standard. Access the interactive version in our Hub or go the official EC recommendation on VSME available in all EU languages.
Related Files: Digital Template
The VSME Digital Template is intended to enable digital sustainability reporting. The Excel Template can be converted via our online Digital Template to XBRL Converter.
Further Materials: VSME
Ecosystem and Tools: VSME
EFRAG has identified a number of national or international tools that can help SMEs. For example, SMEs can calculate their GHG emissions based on Bilan Carbone + (France), Climate Compass (Denmark), or Small Business Carbon Calculator.