What additional support materials does the EU provide?

EFRAG offers a VSME ecosystem with videos, digital templates, explanatory notes, and links to external guidelines[59].

Cluster: Regulation & Development • Updated:

What additional support materials does the EU provide?

Short answer: EFRAG offers a VSME ecosystem with videos, digital templates, explanatory notes, and links to external guidelines[59].

As part of the VSME recommendation, the EU has tasked EFRAG with building an ecosystem to support SMEs in applying the standard. This includes educational videos in multiple languages, a digital Excel template with XBRL taxonomy, a comprehensive explanatory report, as well as links to external guidelines and methodology documents[59]. Through these materials, companies receive practical guidance and can implement the standard efficiently.

Sources: [59] Questions and answers: Recommendation on a voluntary sustainability reporting standard for small and medium-sized undertakings - Finance