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.
You can find below supporting guidance for SMEs. In the C2 Supporting Guide (Section 1) you can find the examples that are sector-agnostic, which do not take into account the specificities of geographical dimensions, or business models. SMEs are encouraged to adapt the examples in Section 1 to their specificities, sector and geography. This list provides practical illustrations of what SMEs (11-250 employees) could report under disclosure C2 on practices (current or past), policies (current or past) and future initiatives if they have them in place. The examples can be used by micro undertakings, although undertakings below 10 employees are not expected to use the Comprehensive Module. Micro undertakings may look at the initial part of the list (less complex). The examples at the end of the list are better suited for medium undertakings.
Section 2 contains 5 case studies that are based on the list of examples of practices, polices, and future initiatives (from section 1).
The case studies cover different business sectors, each giving an example for small (12 employees) and medium (200 employees) undertakings. The case studies are given in the form of mock-up disclosure. The aim of these case studies is to show how undertakings could disclose C2-related information. The sectors of the case studies have been chosen according to the distribution of the main SME sectors in the EU (Eurostat’s Structural Business Statistics (2022)).