What long-term effects is the VSME meant to achieve?

Beyond cutting admin costs, the VSME aims to spread ESG culture in SMEs, improve risk management, and unlock financing for the transition; EFRAG expects financing savings of up to €580 million by 2028[80].

Cluster: VSME Basics • Updated:

What long-term effects is the VSME meant to achieve?

Short answer: Beyond cutting admin costs, the VSME aims to spread ESG culture in SMEs, improve risk management, and unlock financing for the transition; EFRAG expects financing savings of up to €580 million by 2028[80].

The VSME is designed to do more than trim bureaucracy. Over time it should embed ESG practices across SMEs, sharpen risk management, and support funding for the sustainable transition. EFRAG estimates financing savings of up to €580 million by 2028 thanks to better credit assessments[80]. Greater transparency also boosts competitiveness because companies can respond to tenders and supplier requests more effectively.

Sources: [80] Stop Drowning in ESG Requests: One VSME Report Can Do It All | Karomia Blog