Is VSME voluntary or mandatory?

VSME is a voluntary reporting standard; there is no legal obligation to apply it[24].

Cluster: Application & Reporting • Updated:

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Is VSME voluntary or mandatory?

Short answer: VSME is a voluntary reporting standard; there is no legal obligation to apply it[24].

The application of VSME is up to individual companies. Unlike the CSRD, which creates an obligation for large companies, VSME serves as an option for SMEs to voluntarily document their sustainability performance and make it transparent to stakeholders[13]. Companies can thereby prepare for upcoming regulatory requirements and professionally provide their ESG data[5].

Sources: [5], [13], [24] VSME - Frequently asked questions answered (FAQ)

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