VSME Sustainability Reporting
Your guide to the EU's voluntary sustainability reporting standard for SMEs. Learn about the disclosure requirements and how Selko applies them.
VSME Standard Overview
Understanding the fundamentals of VSME sustainability reporting
Introduction to VSME
Understanding the voluntary sustainability reporting standard designed for small and medium-sized enterprises.
Who is VSME for?
Understanding the target audience and applicability of the voluntary sustainability reporting standard.
VSME and Materiality
Understanding how the VSME standard approaches materiality in sustainability reporting through different disclosure categories.
VSME Basic Module
11 disclosure requirements (B1-B11) covering the essential sustainability topics for all SMEs
B1: Basis for Preparation
Essential disclosure requirements for setting up your sustainability report according to the VSME standard.
B2: Practices, Policies and Future Initiatives
Disclosure requirements for practices, policies and future initiatives for transitioning towards a more sustainable economy.
B3: Energy and Greenhouse Gas Emissions
Disclosure requirements for energy consumption, energy mix and Scope 1 & 2 greenhouse gas emissions.
B4: Pollution of Air, Water and Soil
Disclosure requirements for emissions of pollutants to air, water and soil.
B5: Biodiversity
Disclosure requirements for sites in or near biodiversity sensitive areas and land-use metrics.
B6: Water
Disclosure requirements for water withdrawal and water consumption.
B7: Resource Use, Circular Economy and Waste Management
Disclosure requirements for circular economy principles, waste generation and material flows.
B8: Workforce – General Characteristics
Disclosure requirements for employee numbers, contract types, gender distribution and turnover rate.
B9: Workforce – Health and Safety
Disclosure requirements for work-related accidents and fatalities.
B10: Workforce – Remuneration, Collective Bargaining and Training
Disclosure requirements for minimum wage, gender pay gap, collective bargaining coverage and training hours.
B11: Convictions and Fines for Corruption and Bribery
Disclosure requirements for convictions and fines for violations of anti-corruption and anti-bribery laws.
VSME Comprehensive Module
9 additional disclosure requirements (C1-C9) for comprehensive stakeholder information needs
C1: Strategy: Business Model and Sustainability-Related Initiatives
Disclosure requirements for key elements of business model and sustainability strategies.
C2: Description of Practices, Policies and Future Initiatives
Extended disclosure requirements elaborating on B2 practices and policies.
C3: GHG Reduction Targets and Climate Transition
Disclosure requirements for GHG emission reduction targets and climate transition plans.
C4: Climate Risks
Disclosure requirements for climate-related hazards and transition events.
C5: Additional Workforce Characteristics
Disclosure requirements for gender ratio at management level and temporary workers.
C6: Human Rights Policies and Processes
Disclosure requirements for human rights policies covering child labour, forced labour, discrimination and more.
C7: Severe Negative Human Rights Incidents
Disclosure requirements for confirmed human rights incidents and actions taken.
C8: Revenues from Certain Sectors
Disclosure requirements for revenues from controversial weapons, tobacco, fossil fuels and chemicals.
C9: Gender Diversity Ratio in the Governance Body
Disclosure requirements for gender diversity in the board of directors or highest decision-making body.